Senior Financial Analyst - Operations
North America, USA, Ohio, Dublin
Smiths is always looking for curious minds. For new colleagues who want responsibility and relish a challenge. Those who would like to use their talents to help make the world safer, healthier, more efficient and more connected.
We're proud that we've been helping propel the human world forwards during our 160 year history of innovation. By looking at things differently. By adapting and never standing still. And by always thinking big.
Today we're an aligned global business of five divisions and around 22,000 colleagues, that touches the lives of millions every year across five vibrant global markets.
In Smiths Medical, one of the five divisions of Smiths Group, we touch the lives of millions of people every day. Our colleagues are focused on providing innovative, lifesaving solutions for patients around the world.
So whether you're an experienced professional or just starting out on your career, our global scale and focus on growth means great career opportunities for the right colleagues. There's never been a better time to join Smiths. And help us create the future.
The Senior Financial Analyst, Operations is responsible for finance support and business partnership of the manufacturing facilities in the pursuit of continuous improvements in cost, inventory, and quality & delivery performance of the manufacturing sites. The role also supports the plant controller/regional controller for the complete financial integrity of these facilities, including integrity of all assets, inventory control, product costing, factory reporting & account reconciliations as well. The role reports directly to the plant controller/regional controller.
Duties & Responsibilities
Provide management with key insight into financial performance highlighting areas of improvement, identify root causes and partner with management on corrective actions and improvement plans under plant controller / regional controller guidance. The successful candidate is expected to ensure management information requirements are adequately met with standard financial metrics, updated performance reports and analysis.
Provide management with financial support on business decisions. This person is expected to play a key business partnership role with local management and other functions to deliver productivity improvements, cost reduction plans, working capital improvements, and capital efficiency. Examples: labor resource planning, capital investment decisions including scenario analysis and evaluation.
Assist plant controller / regional controller in submission of the complete plant budget and forecast as required by the Central Operations and Regional Financial teams.
Perform monthly close including journal entries, accruals analysis, account reconciliations, and monthly reporting packages - inventory reporting, scrap reporting etc.
Manage all aspects of the standard cost, including new items set up, annual and provisional reviews of all standards.
Review & manage capital expenditure requests coordinating the approval process as required by the site in accordance with company guidelines.
Provide product line margin and cost analysis in support of key franchise portfolio decision-making.
Summarize results in formats that are comprehensive, consistent and in a format that can be used by business leaders.
Responsible for following the policies and procedures, maintaining the finance processes and, supporting the overarching finance objectives.
Other responsibilities as assigned and may take part in functional projects.
This position is required to assure compliance of Company operations to all applicable laws, regulations and standards, good business practices and company documented procedures (including knowledge of all standards, government occupational health and environmental regulations and statutes related to the site).
Engage others, promote, and participate in Environmental, Health, and Safety initiatives, focusing on continuous improvement.
University Degree (Bachelor degree) required in Finance/Accounting.
Masters Degree in related field preferred.
MBA, CMA or CPA working towards preferred.
CIMA or CPA qualification or equivalent desirable but not required.
5-8 years of experience required.
Excellent MS Excel knowledge, PowerPoint, financial accounting principles, and project management.
Strong business and finance acumen.
IFRS, GAAP, ERP system, and Hyperion working knowledge.
Proficiency in wide application of technical principles, theories, concepts, and techniques in financial analysis, forecasting, and data reporting structures.
Knowledge of internal systems and applications and experience with bill of materials, inventory valuation, standard costing, and ERP/MRP systems, Oracle experience a plus.
Education requirements can be obtained through an educational institution or gained through equivalent work experience.
Salary & Benefits
In addition to a competitive compensation package, Smiths Medical offers a comprehensive benefit package including Medical, Dental, Vision, 401K and much more!
Diversity & Inclusion
We believe that different perspectives and backgrounds are what make a company flourish. All qualified applicants will receive equal consideration for employment regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, economic status, disability, age, or any other legally protected characteristics. We are proud to be an inclusive company with values grounded in equality and ethics, where we celebrate, support, and embrace diversity.