Financial Analyst (Costing & Inventory)

Job Title: Financial Analyst II (Costing & Inventory)

Location: Mettawa, IL 60045 (Hybrid: Mon/Fri Remote | Tue/Wed/Thu Onsite)

Duration: 1 Year (Extension possible based on performance and business needs)

Role Overview:

The Financial Analyst II is a critical member of the finance team, supporting External & Contract Manufacturing (ECM) for Finished Goods and Devices. This is a balanced role that combines Financial Accounting, Costing, and FP&A, with a heavy emphasis on month-end close and inventory management. You will be responsible for standard cost setting, variance analysis, and providing financial expertise to support strategic supply chain decisions.

Key Responsibilities:

1. Costing & Inventory Management

• Lead the Standard Cost Setting process for external manufacturing finished goods and devices.
• Perform detailed monthly inventory reconciliations in collaboration with third-party manufacturers (TPMs) and supply chain planning.
• Participate in physical inventory verification counts at third-party sites.
• Ensure accurate accounting for internal toll-manufacturing processes.

• Forecast P&L impacts for Plan, Latest Best Estimates (LBEs), and Long-Range Planning (LRP).
• Partner with Supply Chain and Brand counterparts to develop financial models and drafts for annual plans.
• Provide general FP&A support and variance analysis for the broader portfolio.

• Execute Month-End Close activities, including channel entries and financial reporting.
• Prepare management reporting schedules and communicate monthly results vs. benchmarks.
• Ensure all financial results comply with US GAAP, Sarbanes-Oxley (SOX), and internal financial policies.
• Work closely with Accounting Shared Services to ensure timely and accurate actual results.

• Act as a financial consultant to the operations and supply chain teams.
• Perform ad-hoc analysis and financial modeling to support business decisions.

• Education: Bachelor's degree in Accounting or Finance (Required).
• Experience: 4+ years of progressive experience in Finance or Accounting.
• Technical Skills (Deal Breakers):
• SAP Proficiency: Must have hands-on experience with SAP transactions for analysis and reporting.
• Strong Accounting Foundation: Deep understanding of Balance Sheets, P&L, and month-end close processes.
• Advanced Excel: Expert-level skills in financial modeling and data manipulation.
• Core Competencies:
• Proven experience in Costing / Inventory Accounting and Standard Cost Setting.
• Strong analytical and problem-solving mindset; ability to identify issues and propose solutions independently.
• Ability to thrive in a fast-paced environment with frequent task-switching and tight deadlines.

• Experience in the Pharmaceutical or Biotech industry.
• Familiarity with BPC (Business Planning and Consolidation) systems.
• Background in financial reporting and variance analysis.

1. SAP Expertise: Navigating and extracting data for financial analysis.
2. Advanced Excel: Ability to manage complex financial models.
3. Analytical Rigor: Understanding the "why" behind variances and inventory discrepancies.
4. Time Management: Balancing month-end deadlines with long-term planning cycles.
5. Operational Accounting: Comfort with a role that is more accounting-focused than purely commercial FP&A.