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Financial Analyst
Willoughby, OH
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09/02/2026 Job Summary Responsible for job costing, financial analysis, and reporting in a CNC machining and gear cutting job shop environment. This role owns job-level cost tracking from quote to close - analyzing actual vs. estimated costs on machined and gear-cut parts, maintaining machine and labor rates, and partnering with and shop floor leadership to protect margins on every job. Key Responsibilities
Maintain job cost records for each work order, capturing material, direct labor, machine time, tooling, and outside processing (heat treat, plating, grinding, gear inspection)
Analyze actual vs. quoted/estimated costs at job close-out; report margin erosion and root causes (setup overruns, cycle time variances, scrap, rework)
Develop and maintain machine hour rates by work center (CNC lathes, mills, hobbing, shaping, gear grinding) including depreciation, tooling, and overhead
Support estimating/quoting with cost data on setup times, run times, material yield, and outside service costs; perform quote vs. actual analysis to improve future quoting accuracy
Track and analyze setup vs. run time by job and machine; identify low-margin part numbers and customers
Reconcile WIP by job and perform monthly WIP valuation, including percent-complete assessment on long-running jobs
Monitor scrap, rework, and first-pass yield by job, machine, and operator; quantify cost impact
Track perishable tooling costs (inserts, hobs, cutters, grinding wheels) and allocate to jobs/work centers
Cost and reconcile raw material (bar stock, forgings, castings)
Analyze capital requests for new machines (ROI, payback, capacity impact on machine rates)
Support month-end close: WIP-to-finished goods transfers, COGS, inventory reserves (slow-moving, obsolete), and job cost journal entries
Assist with physical inventory and cycle counts of raw material, WIP, tooling, and finished goods
Partner with operations and purchasing on cost reduction and pricing decisions
Provide backup & support to Division Controller on critical job functions (Banking, payroll, financial close, KPI & Scorecard reporting, special projects & initiatives as assigned) Qualifications
Bachelor's degree in Accounting, Finance, or related field
2-5 years of cost accounting experience in a job shop, machine shop, or manufacturing environment
Working knowledge of job costing, machine hour rate development, and WIP accounting
Familiarity with routings, work orders, and shop floor data collection (labor/machine time reporting)
ERP experience with job shop systems (e.g., JobBOSS, E2/ProShop, Global Shop, Epicor, Infor, or similar)