Summary:

Operating in a dynamic environment, the Analyst I position will work closely with the organization to produce financial analyses that deliver key insights to drive business decisions. Reporting to the Plant Controller and working closely with other key management members such as the Executive Team and members of the Sales, Marketing, Sourcing, and Operations teams, the position will perform ad hoc requests related primarily to business development opportunities and product costing related matters. This position will assist with financial analysis of customer business opportunities/bids on new business as well as existing business, and modeling various outcomes based upon dynamic economic cost conditions and varying selling prices. The analysis will focus on areas such as maximizing EBITDA generation, cash flow optimization, appropriate return profiles and sales growth. The position will be responsible for developing analysis/models that drive actionable initiatives for Nice-Pak.

 

Essential Duties and Responsibilities:

· Provide detailed analytical support for company initiatives such as pricing, commodity (raw material) impacts and costs savings.

· Assist with creating financial models for variety of uses including Company EBITDA and cash generation, as well as smaller ad hoc projects.

· Participate in the annual budgeting exercise by incorporating business/financial plans in various areas and projecting forward looking operating costs. Periodically update these assumptions and incorporate into forecast.

· Provide financial analysis and leadership as a member of the team focused on the Company’s growth priorities.

· On a monthly/routine basis, prepare various reports and analyses to track key financial management data such as outbound freight, commodity/market prices, etc.

· Work with Sales, Marketing, Pricing, Cost Accounting, Operations, Project Management, Executive Management and others to explain changes in financial profile including cost changes, selling price changes, product changes, etc. Model various aspects and work with team to recommend selling prices.

· Continually analyze and recommend opportunities for business development, cost savings, or margin improvement. Evaluate Bill of Material costs and help analyze and explain variances.

· Provide product costing support on customer bids.

· Analyze and review manufacturing and purchase price variances and continually report root causes to the operational team to drive action plans.

· Assist in establishing costs for new products.

· Work with Project Management team on cost development of potential new items to provide insights into price setting.

· Perform ad hoc analysis and reporting for special requests.

· Assist with market price initiatives based upon commodity fluctuations.

· As requested, incorporate major cost breakdown into margin analyses. At times, building dynamic cost functionality for cost modeling for major raw material fluctuations.

· Provide support for yearly Cycle Count Audit by performing bi-weekly test counts with distribution center employee owners, reporting outcomes, and holding monthly reviews of outcomes to ensure root cause analysis is being performed.

· Provide backup support to Supervisor Cost Accounting by preparing and distributing daily manufacturing variance reporting, as well as completing cost roll functions on an ad hoc basis.

· Analyze high use cost centers to ensure proper coding of expenses to better enable accurate forecasting and budgeting.

· Book journal entries to align the realization of prepaid expenses to the manufacturing of finished goods they were used to produce.

 

Supervisory Responsibilities:

None