Sr. Financial Analyst – Manufacturing

Colder Products Company

Company Overview: DESTACO, a Dover Company, is a global leader in the design and manufacture of high-performance automation, workholding, and remote handling solutions. The company serves customers in variety of end-markets, including the automotive, life sciences, consumer goods, packaging, aerospace, and nuclear sectors. Built on a legacy of over 100 years, DESTACO offers a comprehensive portfolio of products to engineer precise movement, placement and control solutions that drive productivity and uptime for manufacturers around the world. The DESTACO family of products consists of industry-leading brands such as DESTACO Manual and Power Clamps, Camco and Ferguson Indexers, Robohand Grippers and CRL Manipulators and Transfer Ports. Central Research Laboratories is a global leader in the design and manufacture of remote handling solutions for the Nuclear and Life Science industries. Founded in Red Wing, Minnesota in 1945, CRL leverages decades of innovative industry experience to design and manufacture high precision, customized solutions for various Nuclear and Life Science applications. DESTACO is based in Auburn Hills, Michigan, and operates globally through ~800 employees across 13 locations. DESTACOs Central Research Laboratories Business Unit is headquartered in Red Wing, Minnesota, and is a leader in remote handling solutions including Telemanipulators, Transfer Systems and Glove Ports. Dover is a diversified global manufacturer with annual revenues of $7 billion. The company delivers innovative equipment and components, specialty systems, and support services through four major operating segments: Energy, Engineered Systems, Fluids, and Refrigeration & Food Equipment. Headquartered in Downers Grove, Illinois, Doverades on the New York Stock Exchange under “DOV.” Position Summary: This Senior Financial Analyst is responsible for collaborating with the site Operations team to drive business results, assist in site financial forecasting and budgeting, perform business analysis for the Operations team, and publish management reports to communicate daily, monthly, quarterly and annual financial results. Key Job Responsibilities included but not limited to: Forecast and Budget Performance Provides monthly forecast projections including sales, bookings, expense, and investment analysis used to drive site business decisions. Manages reporting on and controlling site cost factors of labor, material utilization, overhead and freight versus forecast targets. Provide analysis on variances to plan, forecast, and prior periods. Prepare and present monthly and quarterly review package to Destaco management team Business Analysis Serves as financial business partner to site leadership team. Works with Director, Finance Americas to standardize and improve site reporting and analysis. Reviews continuous improvement cost savings and reviews return on investment calculations for capital expense authorization requests. Prepares, reviews, and publishes operating metrics to monitor business performance. Financial Reporting and Compliance Supports site monthly, quarterly, and annual closing activities as needed. Supports preparation and reporting of end-of-month KPIs. Works with Director, Finance Americas to complete Dover requests and reporting. Manage the standard cost update process Reviews material, labor, and overhead variances with site Operations team. Ensure internal controls and accounting procedures are being adhered to within site operations. Monthly account reconciliation reviews Performs other related duties as assigned or requested. Leadership Competencies aligned with Dover and executed in DESTACO with appropriate expectations for the job level: Strategic Mindset: Has understanding of global industry or market; creates breakthrough strategies that alter the competitive dynamics in a market and establishes a series of competitive advantages yielding profitability that e ceeds expectations for the organization. Results-Driven: Produces results that exceed Dovers strategic objectives via a combination of planning and implementation, while living the Dover Values. Strong Business Acumen and Sound Judgment: Uses instinct as well as data to accurately assess business situations and industry trends; makes timely decisions and implements appropriate plans while living the Dover Values. Builds and Manages Collaborative Relationships: Establishes and nurtures relationships. Takes action to collaborate with the communities in which we operate and to be an appropriate corporate citizen. Job Requirements: Experience: 3 years of accounting experience in a manufacturing environment. Cost accounting experience is a plus for this role. Knowledge, Skills, and Abilities: Advanced skillset in Microsoft Excel. Proficient with Word and Power Point. Knowledge of ERP systems such as Oracle is a big plus for this role. Ability to work with a high degree of confidentiality mandatory due to the sensitive nature of information in area of responsibility. Education and Certification Qualifications: Bachelors Degree in Accounting or Finance Travel Requirements: Minimal All qualified applicants will receive consideration for employment without discrimination on the basis of race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status, disability, age, genetic information, or any other factors prohibited by law.