Financial Analyst

 

About the Company:

Nivagen is a global company and serves an extraordinary purpose to make a difference in people’s lives by discovering, developing, and delivering the most cost-effective generic prescription drugs and over-the-counter products for the North American market. For a decade, we have stayed true to a core set of values: excellence, integrity, and respect for people. We are also committed to investing in our employees and supporting a culture of well-being through competitive pay, comprehensive employee benefits programs, and training and development resources.

Job Location:

Nivagen Pharmaceuticals Inc, 3900 Duckhorn Dr, Sacramento, CA 95834

Financial Analyst

The Financial Analyst provides plant-level financial and operational support to Nivagen Pharmaceuticals, with primary responsibility for cost accounting, inventory forecasting, and operational finance. This role partners closely with Operations and Supply Chain to drive financial performance, inventory optimization, and working capital efficiency. Responsibilities include ownership of cost accounting activities, month-end close, and forward-looking financial analysis, ensuring alignment between operational decisions and financial outcomes.

The Financial Analyst serves as a key liaison between Finance, Operations, and Supply Chain, translating production plans, inventory movements, and supply decisions into actionable financial insights.

 Role and Responsibilities:

Cost Accounting

• Own plant-level cost accounting activities, including standard cost maintenance, bill of material and routing validation, labor and overhead rate analysis, and absorption accounting
• Analyze and explain manufacturing variances, including material usage, labor efficiency, overhead absorption, yield, and mix variances
• Partner with Operations and Engineering to ensure accurate costing for new products, process changes, and capital projects
• Monitor inventory valuation and cost flow assumptions in accordance with GAAP and company policy

Financial Analysis & Month-End Close

• Perform month-end close activities, including production variance analysis, purchase price variance (PPV) reconciliation, absorption analysis, labor reconciliation, inventory analysis, journal entry preparation, and balance sheet account reconciliations
• Analyze and communicate financial performance versus targets, highlighting trends, risks, and drivers of variance
• Maintain accurate audit trails and supporting documentation in compliance with GAAP and third-party audit requirements

Inventory Forecasting & Supply Chain Finance

• Partner with Supply Chain, Planning, and Operations to develop and maintain rolling forecasts for finished goods and raw material inventory aligned with demand plans, production schedules, and purchasing strategies
• Analyze volume, mix, yield, and efficiency impacts on inventory balances, absorption, cost of goods sold, and working capital
• Support raw material forecasting by analyzing historical consumption, bills of material, supplier lead times, and minimum order quantities to identify financial risks and cash optimization opportunities
• Own financial analysis of inventory turns, days on hand (DOH), and slow-moving/excess/obsolete (SLOB) exposure, including reserve modeling and trend reporting
• Translate MRP outputs and production plans into financial projections for inventory balances, PPV, absorption, and cash flow

Planning, Budgeting & Forecasting

• Support preparation of plant financial forecasts, annual budgets, and long-range plans, including income statement, balance sheet, and cash flow impacts
• Maintain a rolling production and absorption model outlining volume and mix impacts versus plan
• Participate as a Finance representative in production planning, S&OP, or IBP discussions, providing financial insight into trade-offs between service levels, inventory investment, cost, and capacity utilization
• Develop and monitor forecast accuracy and bias metrics related to inventory and production assumptions

Operations & Capital Support

• Work closely with Operations to understand and quantify the financial impact of OEE performance, throughput, and labor efficiency
• Monitor, analyze, and report on fixed assets and capital projects, including capitalization, depreciation, and budget-to-actual tracking
• Support continuous improvement initiatives by identifying financial opportunities tied to operational performance and inventory management

Qualifications Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or related field.
• Minimum 3 years of experience in a financial analyst or accounting role in a manufacturing environment (biopharma, life sciences, or healthcare strongly preferred).
• Experience owning budgeting, forecasting, and variance analysis processes.
• Advanced Excel skills and strong financial modeling capability.
• Ability to communicate complex financial information clearly to non-finance stakeholders.
• Experience with FP&A tools and ERPs (e.g., Anaplan, Adaptive, Hyperion, SAP, Oracle) and BI tools (e.g., Power BI, Tableau).

Other Requirements:

• Legally authorized to be employed in the United States
• Must live or be willing to move to the Sacramento Metropolitan Region (Approx. 40 miles’ radius)
• Able to successfully complete a drug and background check
• Able and willing to walk, stoop, stand, bend, and lift throughout each shift, with or without accommodation

Benefits:

• Full-Time, Non-Exempt Salary
• Compensation:  (Final Compensation will be based on experience and other contributing factors)
• Yearly bonus eligibility
• Benefits: Nivagen offers a wide variety of benefits and programs to support health and well-being
• Medical, dental, and vision coverage
• Paid time off plan
• 401k savings plan

Additional Information:

Nivagen to afford equal opportunity for employment to all individuals regardless of race, color, age, national origin, physical or mental disability, history of disability, ancestry, citizenship status, political affiliation, religion, gender, transgender, gender identity, marital status, status as a parent, sexual orientation, veteran status, genetic information or other factors prohibited by law, and to prohibit harassment or retaliation based on any of these factors.