Financial Analysis Associate

About the Role

Provide product cost and pricing support for products in production. This is an entry-level position receiving both functional and organizational training under moderate supervision. Incumbents carry out assignments within well-defined practices, procedures, and policies. Works independently on details of assignments with limited decision-making authority; most decisions are made or guided by the immediate supervisor. Decisions/actions may impact the department's/division's goals. Works under moderate supervision and requires direction on how assignments are to be executed; begins to put forward ideas on how work assignments are completed. Establishes cooperative relationships to work effectively with colleagues; supports others and participates as a team member. Responsibility for own work commitments. Interacts directly with immediate supervisor, co-workers, and team members; engages in routine exchanges of information.

Key Responsibilities

• Provides product cost and pricing support for all products in production for the appropriate site or region.
• Key elements include profit and loss generation, determination of profitability by product (or group of products) by applying the appropriate price model, cost model, and any other actual information available.
• Business case generation (including capital expenditures and design/process changes).
• Product cost analysis; identifying between actual and assumed cost for major products.
• Input for calculation of material cost.
• Tracking and recovery of EC, NRE, upgrade, and rework activities, and other activities as assigned.
• Takes independent action to gather ideas and gain consensus with cross-functional teams on process improvement recommendations.
• Communicates to ensure ideas are understood and accepts the perspective of others.
• Writes effectively and makes internal presentations.
• Actively participates in team discussions.
• Shares ideas, knowledge, and skills.
• Treats all team members fairly.
• Evaluates alternatives based on pros/cons.
• Provides input on how to manage required changes.
• Leads by example and is accountable for own actions.

Requirements & Tech Stack

• Strong system skills, including common office platforms such as MS Office.
• Strong analytical skills.
• Good communication, negotiation, and presentation skills.
• Ability to manage multiple tasks while maintaining attention to detail and accuracy and working under tight time deadlines.
• Ability to distinguish between urgent and important issues and prioritize work accordingly.
• Ability to evaluate, prioritize, and problem-solve a variety of tasks to ensure their timely and accurate completion.
• Ability to effectively communicate, both verbally and in writing, with a wide variety of internal and external customers.
• Ability to calculate and do basic interpretation of all key business metrics.
• Ability to provide interpretation of reports/results to users.
• Ability to generate reports with job-related software.
• Understanding of the capabilities of the tools; can identify problems and troubleshoot input errors.

Qualifications

• Bachelor degree in a related field, or consideration of an equivalent combination of education and experience.

Typical Experience: Zero to two years of experience in a related field.

Physical Demands: Performed in a normal office environment; may require extended periods of sitting and sustained visual concentration on a computer monitor or on numbers and other detailed data; repetitive manual movements are frequently required (e.g., data entry, using a computer mouse, using a calculator, etc.). Occasional overnight travel may be required.