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Senior Financial Analyst

Bel Fuse Inc.

Lombard, IL

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JOB DETAILS
SALARY
$75,000–$100,000 Per Year
JOB TYPE
Full-time
SKILLS
Accounting, Budgeting, Business Analysis, Business Growth, Capital Expenditure (CAPEX), Cost Accounting, Cost Control, Cross-Functional, Finance, Financial Analysis, Financial Modeling, Financial Operations, Financial Systems, Forecasting, Generally Accepted Accounting Principles (GAAP), Leadership, Logistics, Manufacturing, Operational Audit, Operations Management, Performance Analysis, Performance Metrics, Process Development, Process Improvement, Reporting Dashboards, Return on Investment (ROI), Root Cause Analysis, Supply Chain, Trend Analysis, United States Citizen, Variance Analysis, Willing to Travel
LOCATION
Lombard, IL
POSTED
4 days ago
The Senior Financial Analyst focuses heavily on efficiency, cost drivers, and resource optimization to improve the company's bottom line. This individual will be a proactive leader, able to challenge the status quo, foster collaboration, and ensure alignment between finance and operational goals. Are You Looking To: · Operational Performance Analysis: Analyze key business drivers like labor efficiency, inventory turnover, and supply chain costs to identify trends and opportunities for improvement.· Forecasting: Partner with operations managers to build annual budgets and monthly forecasts that reflect realistic production or service capacities.· Variance Analysis: Conduct deep dives into "Actual vs. Plan" results, explaining the why behind cost overruns or savings in operational departments.· Financial Modeling: Build complex models to evaluate the ROI of capital expenditures ($CapEx$), such as new machinery, facility expansions, or technology implementations.· Process Improvement: Collaborate with cross-functional teams (e.g., Supply Chain, Manufacturing, Logistics) to streamline workflows and reduce waste.· Reporting & Dashboards: Develop and maintain KPI dashboards that provide real-time visibility into operational health for senior leadership.· Integral to this role is establishing and maintaining an ongoing working relationship with other sub-processes and functions.· Demonstrated leadership and initiative competencies as well as the ability to identify root causes of issues and discover/implement practical solutions· Support Standard Cost: serve as backup to Sr. Cost Accountant, identify process improvements in annual standard cost roll.· Solid understanding of GAAP accounting guidance as well as internal controls.· Assume a leadership role in the design, implementation, and ongoing improvement of subordinates and the financial systems to ensure organizational consistency and support the growth of the business.· Assume other projects and responsibilities as directed.· Regular and predictable attendance is presumed to be an essential function of all employment.· Report directly to the Controller. What You'll Need:• Degree in Accounting or Finance, or five years of an equivalent combination of education and experience, preferably in the manufacturing industry.• Four or more years of experience in Accounting and Financial functions with at least two or more years of proven experience in financial analysis, preferably in the manufacturing industry.• Ability to travel up to 20%.• Must be a US Citizen or Permanent Resident. What You'll Get:Compensation range of $75k-100k annually. The compensation offered will take into account internal equity and may vary depending on the candidate's geographic region, job-related knowledge, skills, and experience among other factorsParticipation in the annual bonus program.401(k) with company match.Health coverage: Medical, Dental, Vision, plus HSA and FSA options.Insurance coverage: Company life insurance and short- & long-term disability.Time off and extras: PTO (vacation/holidays/sick/personal), pet insurance, and tuition reimbursement. To review a full listing of our benefits, please refer to the 2026 Bel Fuse Benefits Summary and Paid Time Off Benefits, or by visiting the Bel Fuse Careers page. Work OpportunityBel will only employ those who are legally authorized to work in the United States. This is not a position for which sponsorship will be provided. Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire. Equal Opportunity EmployerBel is an Equal Opportunity employer.

About the Company

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Bel Fuse Inc.