Junior Financial Analyst

About this Opportunity

This position is located in Petah Tikva, Israel and is responsible for providing financial support and leadership to the manufacturing operations group.

You will work closely with global manufacturing teams to analyze business trends, provide financial guidance, and be a key contributor to achieving operational objectives.

*This is a one-year position

Key Responsibilities:

• Perform monthly closing activities, including preparation and approval of journal entries and inventory-related account reconciliations.
• Manage inventory and related transactions, including physical-to-perpetual-to-general ledger reconciliations, journal entries, audit explanations, and standard costs.
• Analyze inventory adjustments over set thresholds and work with production control to determine root cause and corrective action.
• Analyze operating costs, including ad hoc studies incorporating plant staffing, capacity and utilization, Purchase Price Variance, and Make/Buy analyses, as well as other cost-related projects.
• Manage periodic requirements of manufacturing systems to ensure timing and accuracy of standards and gross margins, and provide meaningful analysis of results.
• Provide cost accounting support to cross-functional areas as requested.
• Direct the development and review of cost analysis reports and work with operations to formulate corrective actions.
• Prepare and present reports and presentations to senior management.
• Participate in the process of building the annual budget.
• Interact with Internal Audit and the independent public accounting firm on quarterly reviews and/or annual audit, including Sarbanes-Oxley (SOX) matters.
• Perform other duties as assigned.

Skills, Knowledge & Expertise:

• Graduate degree in finance, accounting, or another business-related field.
• 1 year of experience as a Financial Analyst – a big plus.
• Thorough understanding of Cost Accounting, COGS, and Inventories – advantage.
• High-level English – required.
• Strong Excel and PowerPoint capabilities – mandatory.
• Strong understanding of fully integrated ERP systems (SAP is a plus) – advantage.