Financial Planning & Analysis Analyst

Financial Planning & Analysis Analyst - INDEPENDENCE, OH (ON-SITE)

Schedule: 8am-5pm; M-F

Benefits: Medical, Dental, Vision, 401(k) 3 weeks PTO

Job Summary

We are seeking a highly motivated and detail-oriented Financial Planning & Analysis Analyst to join our dynamic finance team, supporting our growing material handling business. The ideal candidate will have a strong background in financial analysis, forecasting, and business partnering, with a focus on driving strategic decision-making in a fast-paced, industrial environment. This role will play a critical part in analyzing financial performance, identifying trends, and providing actionable insights to optimize operations and support the company’s growth objectives in the material handling sector.

Essential Functions

• Develop and maintain detailed financial models to support annual budgeting, quarterly forecasting, and long-term strategic planning.
• Analyze and forecast key financial metrics, including revenue, costs, margins, and capital expenditures, specific to the material handling business.
• Collaborate with cross-functional teams to gather inputs and validate assumptions for accurate forecasting
• Monitor and analyze financial performance against budgets, forecasts, and prior periods, identifying variances and trends.
• Provide actionable insights into operational efficiency, pricing strategies, and cost management within the material handling business.
• Prepare and present monthly, quarterly, and annual financial reports to senior management, highlighting key drivers of performance.
• Partner with business leaders to evaluate new opportunities, including adding product lines, market expansions, and capital investments.
• Conduct scenario analysis and sensitivity modeling to assess the financial impact of strategic initiatives.
• Support the evaluation of mergers, acquisitions, and partnerships.
• Analyze cost structures and profitability across product lines, customer segments, and geographic regions.
• Identify opportunities for cost savings and efficiency improvements.
• Work closely with operations teams to track and report on key performance indicators (KPIs) related to material handling equipment and services.
• Conduct fleet management activities and analyses.
• Perform ad-hoc financial analysis to support decision-making and address specific business challenges.
• Participate in cross-functional projects to drive process improvements and enhance financial reporting capabilities.
• Stay informed about industry trends, competitive dynamics, and regulatory changes affecting the material handling business.
  
  

Position Qualifications

EDUCATION

• Bachelor’s degree in Finance, Business, or related field.
  
  

Experience

• At least two years of experience in financial planning and analysis, preferably in a business environment focused on material handling or industrial sectors.
• Proven experience in developing and maintaining financial models and conducting detailed financial analysis.
  
  

Additional Requirements

• Strong analytical and problem-solving skills.
• Proficiency in financial analysis software and tools (e.g., Excel, Power BI).
• Experience with ERP systems and financial reporting tools.
• Ability to work independently and effectively prioritize demands and execute tasks.
• Keen attention to detail.
• Strong written and verbal communication skills with the ability to convey information to internal and external customers in a clear and concise manner.
  
  

DISCLAIMER

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties, or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.