Financial Analyst

The Company Ohmite Manufacturing Company has been the leading provider of resistive products for high current, high voltage, and high energy applications for almost 100 years. Our full complement of resistor construction includes wire-wound, wire element, thick film, and ceramic composition. Ohmite offers a broad selection of Power Resistors, Load Banks, and EMI Filters to worldwide customers in the industrial, medical, military, and aerospace industries. Through ongoing product development, we continue to provide the latest in resistor technology required by today's sophisticated high voltage, high current, and high energy circuit designs. We thank you for your interest in our products and invite you to use ohmite.com to find a solution to your design challenges.

The Position


We are currently looking for a Financial Analyst to provide financial guidance, leadership and advisory to our manufacturing facility management team across our Ohmite. This position will be accountable for driving effective and timely financial reporting, financial metrics, and internal controls across the organization. The Financial Analyst is expected to be a dynamic leader upholding the Ohmite's vision, ethics and integrity.
The Financial Analyst opportunity is geared for applicants with strong communication skills. Primary job functions consist of conducting financial modeling on various financial products as well as measuring, analyzing, and forecasting performance in conjunction with operating plans, advising management on the allocation of resources to best accomplish objectives, and preparing reports for management.

This position reports directly to the Global Accounting Manager, and will work closely with VP of Global Finance on several assignments.

Job Description


Financial and Operational Controls:

• Work with local accounting teams on the monthly and quarterly financial close process to report on Ohmite's performance on a product and customer basis.
• Ensures that there is an effective and efficient system of internal controls including; data integrity, segregation of duties, budgeting, financial reporting, information systems and adherence to corporate policies and governmental regulations.
• Analyze performance to date and assess potential opportunities and risks by identifying variances, margin leakage, and other statistical trends.

Reporting and analysis:

• Work with Ohmite management and local finance teams on strategic deep dives by developing financial models and insights on topics such as: forecasts, return on investment of strategic investments, event tracking and execution, integration plans, system implementations, strategic resource allocation, and prioritization
• Key member of the Global Budget and Forecasting cycles.
• Support weekly Flash Reporting; Revenue, bookings, backlog, Cash Flow and Quarter Ahead Forecasting
• Work closely with cross-functional partners in Accounting and Operations to execute against plans
• Flexible individuals comfortable with large amounts of information, and adept at managing expectations
• Track monthly and quarterly performance through comparison of actuals versus expectations and enable business partners to handle their resources
• Possess the know-how and be able to explain internal and external drivers impacting performance and trending.
• Report Ohmite's shipments, bookings and other financial data to industry associations.
• Adhoc financial projects and reporting.

JOB REQUIREMENTS

• Experience in problem solving through statistical analysis or with large data sets
• Spreadsheet and ERP system experience is a plus
• Background in financial analysis and planning
• Strong problem solving and analytical skills
• Outstanding communication skills, excellent interpersonal skills, both oral and written, and ability to build as well as deliver effective presentations
• Strong communication and social skills and able to receive criticism well
• General familiarity with Financial Consolidation
• Adeptness in variance analysis
• Practical knowledge of financial statements consolidation
• Budget forecasting experience
• Demonstrated knowledge of consolidations
• Financial reporting experience preferred
• Solid understanding of forecasting & modeling

MINIMUM QUALIFICATIONS:

• Bachelor's degree in finance, accounting or relevant discipline required. MBA bound and/or CPA bound preferred.

EXPERIENCE:

• 2-5 Years in a progressive accounting or finance environment
• Providing leadership to organizations within a manufacturing operation(s)-leading operations planning, savings, forecasting, budgeting and investment analysis
• ERP implementation and integration.
• Delivering continuous improvement.
• Participating in the development of strategic plans.
• Demonstrated high growth in previous experience

KNOWLEDGE, SKILLS & ABILITIES:

• Strong financial acumen with demonstrated analytical ability accompanied by knowledge of corporate finance and manufacturing costing principles-understands P&L and balance sheet dynamics
• Demonstrated ability to teach and communicate in simple, impacting terms
• Demonstrated ability to manage and control costs-effectively develops business cases and enroll leaders at all levels in taking appropriate action.
• Conducts himself/herself with the highest ethical and moral standards.
• Intelligent, creative, analytical.
• Highly motivated and results driven with a high energy level-has a bias for proactive action.
• Broad operating style, ability to adapt across cultures, environments and styles.
• Forward thinking leadership abilities, including the ability to motivate, lead by example, and encourage teamwork and effective communication.

Ohmite offers a competitive and comprehensive benefits package that includes:

• Hybrid work schedule (3 days in office, 2 days remote)
• Multiple health plan options through Blue Cross Blue Shield of Illinois,
• Health Savings Account (with company match) or Flexible Spending Accounts, depending on selected health care plan,
• Two Dental plan options through Blue Cross Blue Shield of Illinois,
• Vision plan through VSP,
• Paid time off (vacation and 11 paid holidays),
• 401k plan with company match,
• Life/AD&D insurances (both company-paid and additional voluntary options),
• Sick leave, Short-term Disability and Long-term Disability plans (company-paid),
• Employee Assistance Program (EAP, company-paid),
• Three Aflac plans
• 2 pet insurance plans
• Legal insurance
• Identity & Fraud Protection Plan
• Whole life + long term care plan

Salary Range: $ 65,000 - $ 85,000

Why Join Ohmite


Ohmite Manufacturing offers the opportunity to work with an industry-leading portfolio of resistor and electronic component solutions while supporting innovative applications across industrial, energy, transportation, and emerging technology markets. This role provides strong visibility across the organization and the opportunity to directly impact strategic business growth initiatives.

EOE M/F/D/V