Financial Analyst - Welland, Canada - Valbruna ASW Inc.

Valbruna ASW Inc.

Verified Company

Welland, Canada

2 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Valbruna ASW Inc.

, the premier specialty steel-making facility located in Welland, ON, has an immediate requirement for the following position:

Financial Analyst
Valbruna ASW Inc.

operates a dynamic and versatile facility and has a long and storied history in the steel-making business, with roots in Welland dating back to 1918.

Our acquisition by Valbruna Italy combined with improvements in efficiency and production flexibility have placed us among the premier specialty steel producers in North America.

However, the fundamental component to our success is our people.

The expertise, commitment and adaptability of our team are our most valuable assets and will be critical to the achievement of our future objectives.

The Financial Analyst plays a key role in the company by administering cost accounting and inventory systems and processes, making recommendations for operational improvements and providing timely and meaningful financial analysis to assist management in understanding business results. This role also involves other areas within the accounting function including month-end close, account reconciliations, payroll accruals, inventory control, periodic internal and external audit preparation and support of budget and forecast activities.

The Financial Analyst's
duties & responsibilities include some of the following:

In line with corporate procedures, support the collection of data on the activities of the operations.
Verify the quality of data in the system related to the activities of the Canadian operations.
Prepare and process reports in line with corporate standards, relating to indicators of the operations.
Maintain and administer the standard costing system within Oracle including item setup, material and overhead costing and appropriate production routing of individual cost units working closely with the Sales and Production departments.
Update standard Bill of Materials.
Maintain accounting aliases and GL routing for all standard cost inventory transactions.
Inventory accounting includes reconciliation of periodic inventory counts.
Investigate reasons for inventory adjustments and perform appropriate adjustments in Oracle after approval.
Analyze business KPIs relating to the results of the operations, identifying and reporting deviations and anomalies when compared to the planned situation.
As part of monthend close process, provide monthly reconciliation and analysis of inventory accounts, accounts receivable and accounts payable.
Collaborate in the definition phase of the operations' annual budget.
Assist the Finance Manager in developing reports and analysis of production cost variances.
Identify the reasons for any deviations found during the analysis of data.
Complete other duties and responsibilities that may be assigned.
A degree in accounting, business administration, or other approved Professional Accounting Designation program preferred.
At least four years of progressive accounting experience in a manufacturing setting would be considered an asset.
Willing and able to travel to the United States (Fort Wayne, IN) occasionally and work with a combined Valbruna "North America" approach.
Strong understanding of product costing.
Oracle or similar ERP experience required.
Advanced Microsoft Excel skills including pivot tables and nested "If" statements.
Superior analytical, organizational and problemsolving skills and the proven ability to develop and implement plans, procedures and processes.
Ability to work independently in an unstructured environment with little supervision and an exceptional initiative and ability to take ownership of projects.
A strong willingness to work in a fastpaced, lean environment where adaptability, innovation and hard work are valued above all else.