FINANCIAL ANALYST - ADM

SUMMARY

The Financial Analyst controls, prepares, analyzes and presents long term project activities and results to stakeholders and upper management. The position is responsible for building and maintaining financial models that support the monthly financial process.  Provide Management Team decision support analysis to maintain and improve profit margins as well as supporting achievement of business goals by working on more complex activities or projects with others within all divisions and with partners. This role will rely heavily on world-class analytical capabilities and business acumen coupled with an ability to quickly develop and help implement identified improvement opportunities. The Financial Analyst role should have a continuous improvement (CI) mindset and help drive a CI culture throughout the organization.

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following. Other duties may be assigned.

- Conduct thorough research and analysis of variances to ensure data accuracy.

- Responsible for developing financial modeling, financial statement analysis, decision modeling, reporting and ad-hoc analysis to support strategic initiatives.

- Assist in the continued development of financial analysis, financial forecasting, and modeling tools.

- Assist in development and review of monthly forecasts, quarterly corporate reports and budgets for all divisions.

- Control and Track projects utilizing percentage of completion revenue recognition and cost of sales for L&A and CFA Divisions.

- Maintain project forecasts in Signature Project software and excel reports.

- Setup new project budgets in system collaborating with Project Managers or other personnel.

- Conduct quarterly project review meetings with stakeholders and address questions.

- Continually update project worksheets with Excel to determine percentage of completion and reconcile to Signature Project software reports.

- Constant communication with project managers to stay current on status of projects, project schedules, and ensure all known costs are properly identified

- Develop and generate reports and analyze data.

- Review contracts and terms for new orders.  Maintain Order and Billings reports.

- Invoicing for projects based on contractual terms.

- Prepare Month End Journal Entries as required.

- Manage cost accounting aspects of labor reporting system. 

- Set up and administer applicable Paycom Labor functions and Concur

- Develop and generate reports and analyze data.

- Record necessary entries into the G/L based on data collected

- Backup for Machine Tools Division. Invoicing for MTD when required.

- Monitor project Margin Sheet to actual costs on Great Plains based inventory system, identify and assist in resolving discrepancies.

- Analyze costs at time of order through customer final acceptance.

- Generate/Analyze D&B as required.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

• Analytical Abilities / Financial Acumen - Systematic application of a combination of inductive and deductive reasoning to examine information, interpret results and arrive at well-founded logical conclusions.
• Accounting experience
• Knowledge of GAAP (Generally Accepted Accounting Principles)
• Builds Partnerships - Builds broad-based business relationships across the organization. Skillfully influences peers and colleagues to promote and sell ideas.
• Detail-oriented and ability to multi-task
• Ability to read and interpret data
• High level of personal initiative
• Dynamics Great Plains Software knowledge or other ERP experience
• Develop Ad Hoc Reporting

• Advanced Excel skills
• Systems implementation
• Self-starter with ability to grow & take on new tasks or processes

• Effective communication
• Proactive surfaces and resolves conflict with minimal noise.

EDUCATION and/or EXPERIENCE

Bachelor’s degree (B.A.) in Accounting or Finance from an accredited four-year college or university and 1-3 years related experience or equivalent combination of education and experience. Master’s degree and/or Public accounting experience is preferred. Experience working with Signature project accounting is desirable.

LANGUAGE SKILLS

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.  Ability to write reports, business correspondence, and procedure manuals.  Ability to effectively present information and respond to questions from groups of peers, managers, clients, customers, and the general public.

MATHEMATICAL SKILLS

Ability to work with mathematical concepts such as probability and statistical inference.  Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.

REASONING ABILITY

Ability to solve practical problems and deal with a variety of concrete variables in situations where only limited standardization exists. Ability to interpret a variety of instructions furnished in written, oral, diagram, or schedule form.

PHYSICAL DEMANDS 

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to use hands to finger, handle, or feel and talk or hear.  The employee frequently is required to stand, walk, and sit.  The employee is occasionally required to reach with hands and arms; climb or balance; and stoop, kneel, crouch, or crawl.  The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds.  Specific vision abilities required by this job include close vision, and ability to adjust focus.

WORK ENVIRONMENT 

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the work environment is usually quiet.

EOE, including disability/veterans.