Financial Analyst-Onsite-Treasure Coast

Job Description
The FP&A Analyst specializing in Labor Efficiency will play a key role in managing and analyzing labor costs and performance metrics to ensure efficient use of direct labor resources across the organization. The role will involve data analysis, budgeting, forecasting, and providing insights into labor cost trends and efficiencies to improve business operations.

Responsibilities:

• Labor Cost Analysis: Analyze and track direct labor costs, working hours, and productivity. Identify trends, variances, and inefficiencies to provide actionable insights.
• Forecasting & Budgeting: Prepare and maintain labor cost forecasts and budgets, ensuring alignment with organizational goals. Provide input to financial planning for labor-related expenses.
• Variance Analysis: Perform detailed variance analysis on labor costs, identifying reasons for deviations from budget or forecast. Provide recommendations to address inefficiencies.
• Reporting: Prepare regular reports and presentations for senior management, summarizing labor efficiency metrics, trends, and actionable recommendations for improvement.
• Performance Metrics: Develop and monitor KPIs related to direct labor efficiency, such as labor cost per unit, hours worked, and production output.
• Ad-hoc Analysis: Provide ad-hoc analysis to support business decisions and special projects related to labor efficiency.
• Cross-Functional Collaboration: Work closely with operations, HR, and production teams to gather data and ensure accurate reporting. Collaborate on labor optimization initiatives and cost control measures.
• Process Improvement: Identify opportunities for process improvements that can drive efficiencies in direct labor usage, recommending solutions to management.
• Systems Management: Ensure the integrity of labor cost data within financial systems and recommend improvements in data collection or reporting processes.

Qualifications:

• Bachelor’s degree in finance, Accounting, Economics, or a related field.
• 5+ years of experience in FP&A or a similar analytical role.
• Proven experience in financial analysis, with a focus on labor costs, direct labor efficiency, or finance.
• Strong understanding of direct labor cost drivers and financial principles related to labor performance.
• Advanced proficiency in Microsoft Excel, including complex functions and pivot tables.
• Experience with financial planning software (SAP) and reporting tools.
• Strong analytical, problem-solving, and communication skills.
• Ability to work independently and manage multiple priorities. Detail-oriented with a focus on accuracy and data integrity.

• Familiarity with manufacturing or production environments.