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Financial Analyst 2
2 months ago
Position: Financial Analyst
Working Hours: FullTime 3:00 pm 12:00 am Philippine Time Zone
Salary: $8001000/month
About the Role:
We are seeking a highly skilled and experienced Financial Analyst with a strong accounting background and a background in the jewelry mining or manufacturing industry to join our team.
As a Financial Analyst specializing in the jewelry sector you will play a crucial role in analyzing financial data identifying trends and providing strategic insights to drive business growth and profitability.
Role Responsibilities:
- Analyze financial data related to sales costs pricing margins and inventory within the jewelry industry to identify areas for improvement and growth opportunities.
- Develop financial models and forecasts to support decisionmaking processes and strategic planning initiatives.
- Create and maintain detailed cost structure models
- Provide detailed reporting on the diamonds and jewelry as they flow through the value chain.
- Develop and maintain financial models tying the diamond manufacturing process to final jewelry items.
- Monitor and evaluate key performance indicators (KPIs) specific to the jewelry industry such as inventory turnover gross margin and sales by product category.
- Conduct variance analysis and provide explanations for financial discrepancies to support management in making informed business decisions.
- Collaborate with crossfunctional teams including diamond cutting and polishing (manufacturing) cost structures sales marketing and operations to provide financial insights and recommendations for optimizing business performance.
- Assist in budgeting and forecasting processes including revenue projections expense planning and cash flow analysis.
- Prepare financial reports presentations and adhoc analyses for senior management and key stakeholders.
- Stay abreast of industry trends market dynamics and competitive landscape within the jewelry sector to provide valuable insights and recommendations.
Requirements:
- Has at least 2 3 years of experience as a Financial Analyst in the jewelry industry or related field.
- Has proficiency in financial modeling Excel and other financial software/tools.
- Bachelor's degree in Accounting Finance or a related field. A Master's degree or
- professional certification (e.g. CFA CPA) is a plus.
- Strong understanding of financial principles accounting standards and financial
- analysis techniques.
- Excellent analytical skills with the ability to interpret complex data and draw meaningful conclusions.
- Strong communication and presentation skills with the ability to effectively
- communicate financial information to nonfinancial stakeholders.
- Proven ability to work independently prioritize tasks and meet deadlines in a fastpaced environment.
- Knowledge of jewelry industry trends market dynamics and key performance metrics is highly desirable.
Note: We prioritize the processing of one application at a time. If you have applied for multiple job openings within our organization we kindly request that you direct any update inquiries to the team responsible for handling your initial application.