Finance Analyst II

Job Description Summary: Welcome to our world! Our culture encourages continuous improvement, learning and relearning. We prioritize safety, quality, environment, productivity and sustainability, working with purpose and delivering results. We believe and trust in our people and the diversity of our teams, to continue to thrive after more than 130 years of creating beloved brands, looking forward on a better future for all. You are applying for CPS Manaus Finance Analyst II position. Job Description Summary The Finance Analyst II is responsible for analyzing and reporting Profit & Loss performance with a strong focus on Operating Expenses (OPEX) and Material Usage Variance (MUV) . This role supports period-end close, prepares variance analysis and management reporting, and partners with Operations, Supply Chain, and Finance stakeholders to explain performance drivers and improve cost visibility. The analyst also supports key finance operations activities including bank reconciliations, balance sheet analysis, Accounts Payable guidance, Down-payments management, DCR management and other controllership/finance support tasks. Strong SAP capability, analytical rigor, and attention to detail are essential. Qualifications & Requirements • Bachelor’s degree in Finance, Accounting, Economics, or related field. • Experience in financial analysis, P&L reporting, FP&A, cost accounting, or controlling (2–5 years). • Strong understanding of Opex and balance sheet fundamentals, accrual accounting, and variance analysis. • SAP proficiency (reporting, data extraction, and navigation in relevant modules). • Advanced Excel skills (pivot tables, lookups, complex formulas; Power Query/Power Pivot). • Strong communication skills with ability to translate analysis into clear business insights. Preferred Qualifications • Experience in manufacturing/operations finance, including material variance analysis (MUV, yield/scrap, standard vs actual). • Exposure to SAP CO/FI and/or costing processes (product costing, cost centers, internal orders). • Experience with Power BI, Azure and Blackline. • Knowledge of internal controls/SOX environments. • Intermediate English. Key Skills & Competencies • Strong analytical and problem-solving skills; root-cause mindset. • High attention to detail and strong ownership of data quality. • Ability to work under tight deadlines (close calendar driven). • Cross-functional collaboration with Operations/Supply Chain/Procurement. • Continuous improvement orientation (automation, simplification, standardization). • Integrity and confidentiality with financial information. • Ability to use Artificial Intelligence tools with application driven for Financial usage. Success Measures • Accurate and timely P&L, OPEX, and MUV reporting with meaningful variance explanations. • Opex control under key metrics of Tier 1 • Improved forecast accuracy and proactive identification of risks/opportunities. • Reduction in aged reconciling items and faster issue resolution (bank and balance sheet). • Fewer AP exceptions and improved cycle time for invoice issue resolution. • Documented process improvements that reduce manual effort and increase control compliance. KEY DUTIES & RESPONSABILITIES P&L Performance & Reporting • Prepare periodic P&L reporting (actuals vs budget/forecast/prior year) with clear variance commentary. • Analyze key drivers impacting profitability. • Support preparation of management decks and standardized reporting packages for leadership reviews. • Ensure data accuracy and consistency across reports, aligning with Finance definitions and policies. OPEX Planning, Control & Analysis • Monitor OPEX by cost center/account, identifying trends, risks, and savings opportunities. • Support budget and forecast cycles for OPEX, including stakeholder coordination and validation of assumptions. • Prepare accruals, reclasses, and cost allocations as needed; ensure proper expense coding and governance. • Partner with budget owners to improve spend visibility and forecast accuracy. • Lead OPEX creation for financial cycles RE, BP and RS. Material Usage Variance (MUV) Analysis • Calculate, track, and explain Material Usage Variance (MUV) and related manufacturing/material variances. • Partner with Plant/Operations, Supply Chain, and Costing teams to identify root causes (yield, scrap, process losses, BOM/routing issues, inventory adjustments, production reporting accuracy). • Provide actionable insights and recommendations to reduce unfavorable variances and improve material efficiency. • Support standard cost reviews and variance bridge analyses (where applicable). Month-End Close & Controllership Support • Support month-end close activities: journal entries, accruals, variance checks, and account reviews. • Assist with balance sheet reconciliations and ensure timely resolution of reconciling items. • Prepare and maintain supporting documentation for audits and internal reviews; ensure compliance with internal controls. SAP-Based Financial Analysis & Data Management • Extract and analyze financial and operational data from SAP (e.g., cost centers, internal orders, GL accounts, material movements). • Support master data/process adherence impacting reporting quality (cost center hierarchy, profit center mapping, material/account assignments). • Collaborate with IT/Finance teams to improve reporting automation and data reliability. Bank Reconciliation & Cash-Related Support • Perform or support bank reconciliations, ensuring completeness and accuracy of postings and clearing. • Investigate unmatched items and coordinate resolution with Treasury/Accounting/AP as needed. • Support monitoring of bank fees and cash clearing accounts (as applicable). Accounts Payable (AP) Support • Support AP issue resolution (invoice coding guidance, blocked invoices, vendor inquiries, payment exceptions). • Coordinate with Procurement and Shared Services to ensure compliance with invoice-