What are the responsibilities and job description for the Financial Analyst (Supply Chain; Operations) position at Solve IMG?
Solve Industrial Motion Group is a global manufacturer of bearings and power transmission parts. Solve’s brand portfolio includes P.T. International, IPTCI Bearings, LMS Bearings, TRITAN Precision Power Transmission Components, SST, MasterDrive and SPB. Collectively, they represent more than 100,000 products available from nine locations nationwide. Our unmatched dedication to quality materials and manufacturing processes, rigorous quality control, and end-to-end support and service have helped us grow to become a trusted supplier to high-performance industries worldwide. Our team members are knowledgeable “go-to” resources for power transmission products, support, and advice that keeps our customers’ businesses moving forward.
POSITION DESCRIPTION: Reporting to the VP of FP&A, the Financial Analyst will be responsible for managing and building comprehensive financial analyses, including variance and trend analysis, performance reporting against target and other ad hoc requests. The ideal candidate will exercise their high attention to detail across data collection and management, be inquisitive about performance drivers and work closely with stakeholders to deliver relevant and timely reporting. This role will have close proximity to Senior Leadership, thus the candidate should be comfortable converting complex storylines into executive-level-summaries. The Financial Analyst will also play a key role in the development of monthly forecast and annual budgets.
RESPONSIBILITIES:
POSITION DESCRIPTION: Reporting to the VP of FP&A, the Financial Analyst will be responsible for managing and building comprehensive financial analyses, including variance and trend analysis, performance reporting against target and other ad hoc requests. The ideal candidate will exercise their high attention to detail across data collection and management, be inquisitive about performance drivers and work closely with stakeholders to deliver relevant and timely reporting. This role will have close proximity to Senior Leadership, thus the candidate should be comfortable converting complex storylines into executive-level-summaries. The Financial Analyst will also play a key role in the development of monthly forecast and annual budgets.
RESPONSIBILITIES:
- Prepare and present accurate and timely financial reports, including monthly, quarterly and annual performance summaries
- Collect, organize and analyze large datasets to provide actionable insights and support strategic initiatives
- Assist in the preparation of budgets and financial forecasts
- Develop and maintain complex financial models in Excel to support various business scenarios and initiatives
- Perform detailed cost analyses and identify cost-saving opportunities to enhance profitability
- Conduct market research and competitor analysis to inform business strategies and identify growth opportunities
- Collaborate with various other departments, and business partners for special projects
- Bachelor’s degree in a related field (Finance, Accounting or Economics) and 2 years experience, or High School Diploma/equivalent with 5 years of Financial Analyst experience
- 2 years financial analyst experience
- Advanced proficiency in Microsoft Excel, including complex formulas, pivot tables and data visualization
- Familiarity with financial software and ERP systems
- SQL experience
- Data reporting experience (Power BI)
- Experience working in an industrial industry
- Market competitive benefits package, including company-sponsored health coverage, life insurance, 401(k) plan with company match, paid parental leave and paid time off
- Work in a collaborative environment with passionate and innovative teammates
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