Sr. FP&A/Cost Analyst

If you’re looking for a special place to build or grow your career, you’ve found it. Whether you’re an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact. With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses around the globe, chances are, we have something special for you.

The Senior FP&A/Cost Analyst is responsible for financial planning, forecasting, reporting, and manufacturing cost accounting across two IDEX sites in Albuquerque, NM, and Rochester, NY. This role partners with Finance, Operations, and Commercial teams to evaluate financial performance, identify risks and opportunities, and provide recommendations that support operational and strategic business decisions. The position plays a key role in maintaining consistent financial reporting and cost accounting practices across both sites while driving improvements in financial processes, cost management, and operational efficiency. Regular travel between both locations is required.

Financial Planning & Analysis Support annual operating plans (AOP), financial forecasting, quarterly reporting, and strategic planning processes. Develop and maintain financial models, reports, and analytical tools to support business planning and decision-making. Independently analyze financial and operational performance, identify trends and risks, and provide actionable recommendations to business leaders. Prepare ad hoc financial analyses to support strategic initiatives and operational decisions. Identify and implement opportunities to streamline and automate financial reporting and analytical processes. Manufacturing Cost Accounting & Analysis Manage reporting, forecasting, and analysis of manufacturing costs, including standard costs, cost variances, direct operating charges, and inventory. Monitor manufacturing performance, analyze cost variances, and identify root causes to support operational improvements. Review standard costs against current cost roll-ups to ensure accuracy and support product margin analysis. Evaluate bill of materials (BOM) costing accuracy and communicate discrepancies or exceptions. Lead annual reviews and updates of material, labor, and overhead standards. Perform make-versus-buy analyses to support manufacturing and sourcing decisions. Support product line profitability analysis and annual price book reviews through margin analysis. Inventory & Financial Controls Coordinate cost accounting activities to ensure accurate and timely product costing and inventory reporting. Analyze inventory balances, reserves, and related financial activity in accordance with U.S. GAAP and IDEX corporate policies. Perform monthly balance sheet reconciliations for inventory-related accounts. Support inventory optimization initiatives by identifying root causes and opportunities for process improvement. Support inventory disposition policies and procedures to maintain accurate financial reporting. Operational & Commercial Support Partner with Operations to evaluate manufacturing performance, cost drivers, and opportunities to improve productivity and profitability. Participate in lean manufacturing and continuous improvement initiatives. Analyze and report commercial performance metrics, including sales, orders, and backlog. Partner with Finance and Commercial teams to evaluate product margins and support pricing decisions. Promote consistent financial reporting, cost accounting practices, and performance metrics across both manufacturing sites.

Bachelor's degree in Accounting or Finance. 5+ years of experience in financial planning and analysis, accounting, or a related finance function. 3+ years of experience in manufacturing finance or cost accounting,