Financial Analyst

Job Title: Financial Analyst                                                                 Department: Accounting
Reports To: CFO
FLSA Status: Exempt
Location: RAE Corporation – Pryor, Oklahoma
Position Type: Full-Time | Monday–Friday | 8:00 AM – 5:00 PM

About Us: RAE Corporation is a leading provider of innovative HVAC solutions committed to delivering unparalleled quality and customer satisfaction. We prioritize fostering a culture of continuous improvement, collaboration, and employee empowerment. Our aim is to create a positive work environment where every team member feels valued, heard, and supported.

Role Overview: The Financial Analyst supports RAE Corporation’s financial planning, reporting, and decision-making processes by analyzing financial data, monitoring performance against budgets and forecasts, and providing actionable insights to leadership. This role partners closely with operations, engineering, and leadership teams to improve cost control, profitability, and overall financial performance across the organization.

Key Responsibilities

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions.

1. Core IFS & Financial System Functions

• Use IFS Applications to extract, analyze, and validate financial and operational data related to manufacturing, inventory, labor, and overhead.
• Maintain accuracy of financial data within IFS, including cost elements, work centers, routings, bills of material (BOMs), and inventory valuation.
• Partner with Accounting and Operations to ensure transactions are properly recorded and aligned with financial reporting requirements.
• Develop standard and ad hoc financial reports from IFS to support leadership decision-making.
• Investigate and resolve data discrepancies within IFS related to costs, variances, or reporting inconsistencies.

2. Cost Accounting & Manufacturing Analysis

• Analyze manufacturing costs using IFS, including material, labor, overhead, scrap, and rework.
• Monitor and explain cost variances (standard vs. actual) and communicate drivers to Finance and Operations leadership.
• Support updates to standard costs and participate in annual or periodic cost roll-ups within IFS.
• Evaluate the financial impact of production changes, process improvements, or volume shifts.
• Partner with Production, Engineering, and Supply Chain to identify cost-reduction opportunities.

3. Budgeting, Forecasting & Planning

• Assist in the development of annual budgets and periodic forecasts using IFS data and historical trends.
• Track actual performance against budget and forecast, identifying risks and opportunities.
• Prepare financial models and scenario analyses to support operational and strategic planning.
• Support long-range planning by analyzing trends in throughput, labor efficiency, and material costs.

4. Operational & Business Partnering Support

• Serve as a financial business partner to Operations, Engineering, and Supply Chain leaders.
• Translate financial data into clear, actionable insights for non-financial stakeholders.
• Support business cases for capital expenditures, tooling, or process improvements.
• Participate in cross-functional meetings to provide financial perspective and support decision-making.

5. Controls, Accuracy & Continuous Improvement

• Support internal controls related to financial data integrity and system accuracy within IFS.
• Identify opportunities to improve financial reporting processes, data accuracy, and system usage.
• Document reporting processes, assumptions, and methodologies to ensure consistency.
• Assist with audits by providing data, analysis, and explanations as needed.

Desired Qualifications

• Bachelor’s degree in Finance, Accounting, Business, Economics, or related field.
• 2–5 years of experience in financial analysis, cost accounting, or manufacturing finance.
• Experience working within IFS Applications or similar ERP systems.
• Strong understanding of manufacturing cost structures, standard costing, and variance analysis.
• Advanced proficiency in Microsoft Excel (pivot tables, advanced formulas, data analysis tools).
• Experience using Power BI or similar business intelligence tools to build dashboards and interactive reports.
• Ability to design and maintain financial and operational dashboards that support data-driven decision-making.
• Strong analytical mindset with the ability to translate complex data into clear insights.
• Effective communication skills with the ability to present findings to operations and leadership teams.
• High attention to detail, accuracy, and data integrity.

Interaction with Others: Reports to the CFO. Works closely with internal departments, as well as cross-functional partners. This role requires clear communication, collaboration, and professionalism when interacting with internal stakeholders and auditors.

Why Join Us: At RAE Corporation, you’ll be part of a company that values people, performance, and progress. We are a growing HVAC manufacturing organization focused on delivering high-quality solutions while creating an environment where employees can build meaningful, long-term careers.

Benefits

• Health insurance
• Retirement savings plan
• Paid time off
• Professional development opportunities

Working Environment: Work is performed primarily in a climate-controlled office setting, with occasional exposure to manufacturing areas and outdoor environments when coordinating events or maintaining exterior office areas. The noise level is typically quiet to moderate.

Other Physical Requirements:   Auditory capabilities, visual & speech capabilities

The Company has reviewed this job description to ensure that essential functions and primary duties have been included. It is intended to provide guidelines for job expectations and the employee's ability to perform the position described. It is not intended to be construed as an exhaustive list of all functions, responsibilities, skills, and abilities. Additional procedures and requirements may be assigned by supervisors as deemed appropriate. This document does not represent a contract of employment. The Company reserves the right to change this job description and/or assign tasks for the employee to perform, as the Company may deem appropriate. 

RAE Corporation is an Equal Opportunity Employer
 EEO/AA M/F/V/D