Sr. Financial Analyst
Metagenics believes in helping people live happier, healthier lives by realizing their genetic potential. United by purpose and core values (Integrity, Authenticity, Respect, Diversity & Inclusion and Healthy & Happiness) the Metagenics' team is dedicated to providing effective nutritional products and solutions, for healthcare professionals. We believe the way we do business is as important as the business we do; that a company in the nourishment business should nourish its people, too. So, we incorporated healthy, sustainable care into every dimension of our culture. Our diverse and expansive team are a prime example of the power of a people-first approach. We know first-hand, when an organization prioritizes internal growth and fosters empathy, its people come together to set an example of what the world can become.
The Sr. Financial Analyst will play a key role in identifying and reviewing cost savings proposals. This includes developing, benchmarking and implementing best-in-class processes to support product introduction and change. Additionally, the role will be responsible for all aspects of standard cost accounting. This includes providing support in all related transaction accounting for inventory, monthly measurement and explanation of all inventory variances, including COGS, PPV, waste, yield loss and all other related variances; participate in the monthly financial close; understand and improve the efficiency of the Company's standard costing system; develop appropriate internal controls to assure a high degree of inventory accuracy and transactional integrity; and work with external auditors.
Key responsibilities include:
- Working with Commercial, Marketing and Supply Chain in validating the business worthiness of margin-improvement proposals.
- Reviewing existing processes related to product costing and recommending best-in-class global processes.
- Working with Global Finance teams to implement/harmonize/improve practices for LE, costing, forecasting and overall business processes.
- Implementing a robust process to improve the product introduction process (NAM) as it relates to proper costings by partnering with PD.
- Conducting a monthly inventory reconciliation to ensure that the Company's inventory balances are properly stated in accordance with GAAP.
- Developing a complete understanding of the Company's standard costing system.
- Understanding, assisting and facilitating the explanation of COGs, Inventory and Opex variances at month end.
- Defining reporting requirements, working with IT to configure and implement for the Value Chain teams.
- Identifying weaknesses in existing internal controls and costing system process that have a direct or indirect effect on the Company's inventory and costs.
- Assisting in the Company's daily cycle counting program.
- Monitoring all inter-company inventory transactions to ensure that these transactions have been properly accounted for.
- Reviewing the bill of materials, routings and standard costs of new products and ensuring that they have been properly established within the system.
- Being the key contact on all inventory matters that arise during the annual audit.
Basic requirements include:
- Bachelor's degree in Finance, Accounting, Economics or related field
- 3+ years of experience in financial analysis with a focus on cost accounting
- Strong analytical and problem-solving skills
- Advanced Excel skills, including the ability to create complex models and formulas
- Excellent communication and presentation skills
Compensation for this role is $88,000/yr. to $101,000/yr. This role may also be eligible to participate in a discretionary annual incentive program.
Health and wellness benefits include:
- Medical, dental, vision
- Annual employer HSA funding for eligible employees
- STD, LTD, Basic Life AD&D coverage
- 401k + employer matching
- Vacation and Sick Time
- 2 Volunteer Days off per year
- Emergency evacuation time off
- 11 paid company holidays
- 1 Floating holiday to celebrate your birthday or important religious/holiday to you
- Quarterly product allowance to use towards your favorite Metagenics products!
- Product discount
- Peer to peer recognition programs & more!
A minimum of three workdays per week are to be conducted at the Gig Harbor office (9627 44th Ave, Gig Harbor, WA 98332).