Coherent

SR. Financial Analyst

Coherent • $80K — $110K *
Saxonburg, PA 16056In-Person
Finance & Insurance
5 - 7 years of experience
1 week ago
Job Overview by Ladders

Qualifications

  • 5+ years of relevant experience in finance or supply chain analysis
  • Bachelor's or Master's degree in a related field
  • Proficient in Microsoft Excel and PowerPoint
  • Experience with Hyperion software
  • Strong interpersonal and problem-solving abilities

Responsibilities

  • Assist Finance Director with procurement cost savings analysis
  • Analyze and report on BOM cost reduction initiatives
  • Prepare presentations on supply chain savings and cost reductions
  • Reconcile actual BOM costs against reported supply chain savings
  • Conduct ROI analyses for cost-saving initiatives
  • Support Global Director with financial tasks for site closures
  • Roll up and explain variance in actual facilities costs vs forecast

Benefits

  • Hybrid working environment in Saxonburg, PA
  • Opportunity to collaborate with global teams
  • Engagement with high-level financial reporting and analysis
  • Involvement in strategic cost-saving initiatives
  • Compliance with U.S. Government export regulations
Full Job Description
Job Description

Primary Duties & Responsibilities
  • Assist the Finance Director in tracking and consolidating procurement cost savings, capital savings, and cost avoidance for the forecast and AOP
  • Provide analysis, insights, and reporting in support of BOM cost reduction
  • Prepare weekly, monthly, and quarterly supply chain savings and cost reductions presentations as part of the leadership review cycle
  • Perform reconciliation and analysis of actual BOM cost and Supply Chain savings
  • Perform ROI analyses for cost saving programs including Make/Buy/Where
  • Support the Global Director of Facilities for sites that are set to be closed or shut down. Including taking over certain accounting tasks needed at the sites. (i.e. cash roll forwards, SOX questions etc.).
  • Roll up the actual facilities costs for global Coherent monthly compared to the forecast and AOP with variance explanations.
  • Support the financial analyst with the Coherent worldwide roll-up of the monthly Global Supply Chain Financials.
  • Develop reports from EPM/Hyperion to review Global Supply Chain Financials (including cost savings, department spending, revenue/cogs analysis, etc.
  • Support the Weekly Business Update process
  • To conform to U.S. Government export regulations (ITAR), applicant must be a U.S. person, lawful permanent resident of the U.S., protected individual as defined by 8. U.S.C. 1324b(a)(3), or eligible to obtain the required authorizations from the U.S. Department of State.


Education & Experience
  • Minimum 5 yr. experience
  • BS/MS or equivalent degree.


Skills
  • Strong Microsoft Excel and PowerPoint skills
  • Hyperion experience
  • Strong interpersonal, teaming, and problem-solving skills.
  • Work effectively with other members of Coherent Corp. Global Supply Chain and Finance.


Working Conditions
  • Hybrid Saxonburg PA


Physical Requirements
  • None


Safety Requirements

All employees are required to follow the site EHS procedures and Coherent Corp. Corporate EHS standards.

Quality and Environmental Responsibilities

Depending on location, this position may be responsible for the execution and maintenance of the ISO 9000, 9001, 14001 and/or other applicable standards that may apply to the relevant roles and responsibilities within the Quality Management System and Environmental Management System.

About Coherent

Coherent, Inc. is a global leader in providing laser-based solutions to a broad range of commercial and scientific research customers. The company designs, manufactures, and markets lasers, laser-based systems, precision optics, and related accessories for a diverse group of customers. Coherent's markets include scientific research, OEM components and instrumentation, microelectronics, materials processing, and life sciences. The company's products are used in a wide range of applications. Coherent was founded in 1966 and is headquartered in Santa Clara, California.
Learn more about Coherent
Size
5,085 employees
Market Cap
$4.6 billion
Industry
Manufacturing & Automotive
Net Income
-$419.7 million
Founded
1966
5 Year Trend
+27.8%
Revenue
$1.2 billion
NASDAQ
COHR
* Ladders Estimates

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