What are the responsibilities and job description for the Financial Analyst position at Phaxis?
A leading company is looking to immediately a Financial Analyst to join their North American (Somerset, KY) location. The ideal candidate will analyze financial data, prepare reports, and offer insights to help the company achieve its financial goals.
The position will report to the VP of Finance.
Key Responsibilities:
- Prepare accurate and timely financial reports using dashboards and data visualization.
- Conduct variance analysis, identifying trends, discrepancies, and potential areas for improvement.
- Provide insights and recommendations to improve profitability and financial performance.
- Budget preparation and forecasting, integrating historical data to create projections and track performance against targets.
- Collaborate with Master Scheduling to ensure budgets are aligned with operations and sales with company objectives.
- Develop interactive financial models to assess budget scenarios and financial forecasts.
- Build and maintain dynamic financial models, allowing for easy updates and adjustments based on new data or assumptions.
- Perform scenario analysis and evaluate the financial impact of strategic decisions or potential changes to business operations.
- Provide financial insights and recommendations to business leaders and department heads.
- Track key financial metrics and KPIs, and present data in a clear, actionable format for senior leadership.
- Monitor and analyze operating costs to identify areas for cost reduction or improved efficiency.
- Ensure adherence to financial policies, internal controls, and compliance with regulations.
- Gross Margin analysis.
Qualifications:
- Bachelor's degree in Finance, Accounting, Economics, or a related field.
- 5 years of experience in financial analysis, budgeting, or accounting (specific experience may vary by role).
- Strong proficiency in Excel and financial modeling.
- Proficiency in Power BI (or other data related resources), with creating financial dashboards, reports, and data models.
- Experience with accounting software.
- Solid understanding of financial statements and key performance indicators.
- Strong analytical and problem-solving skills.
- Excellent communication skills, with the ability to present complex data in a clear and concise manner.
Salary : $70,000 - $80,000
