Financial Analyst, Budgeting and Margin

Insulation Distributors, Inc

  • CHANHASSEN, MN
  • 8 days ago
  • $72,142 Per Year

Highlights

This role involves collaborating with the IDI Financial Planning & Analysis (FP&A) team to provide essential support to Executive Management, operations, and business leadership. The Financial Analyst, Budgeting and Margin is responsible for managing the P&L budgeting and forecasting processes, as well as leading margin analyses.

Numbers & Facts

LocationCHANHASSEN, MN

Description

Job Summary:

Compensation: $72,142 - $101,-050

The Financial Analyst, Budgeting and Margin is responsible for managing the P&L budgeting and forecasting processes, as well as leading margin analyses. This role involves collaborating with the IDI Financial Planning & Analysis (FP&A) team to provide essential support to Executive Management, operations, and business leadership.

Responsibilities/Duties:

  • Budgeting and Forecasting:

  • Support annual budgeting process for sales, margin, and operating expenses

  • Coordinate P&L forecasting process for mid-year P&L updates

  • Develop variance analyses for budget and forecast presentations to executive leadership

  • Ensure accuracy and timeliness of key budget, forecast, and reporting deliverables

  • Margin Analysis:

  • Publish and present monthly margin analysis based on vendor and customer pricing

  • Partner with business and operations to understand margins and recommend opportunities

  • Process Improvement and Documentation:

  • Respond to customer feedback to improve budget, forecast, and margin processes

  • Document workflows, analytical techniques, and business processes

  • Reporting and Ad-Hoc Analysis:

  • Develop, maintain, and distribute ad-hoc reports related to budget, forecasts, and margins

  • Miscellaneous:

  • Other duties as required to benefit the organization

Leadership Competencies:

  • Leads Self
  • Communicates Effectively & Candidly
  • Drives for Results
  • Demonstrates Accountability
  • Takes Initiative
  • Collaborates

Qualifications/Skills:

  • Technical Proficiency:

  • Highly skilled in the use of Microsoft Office products including Excel, PowerPoint, and Word

  • Proficiency in the use of ERP accounting software; SAP preferred

  • Financial Knowledge:

  • Understanding of complex financial ratios and financial performance measurements

  • General knowledge of GAAP and accounting theory

  • Analytical and Data Interpretation Skills:

  • Strong interest in interpreting and telling a story with data, trends, and analysis

  • Attention to Detail and Teamwork:

  • Detail-oriented, ability to work independently and as part of a team

  • Communication Skills:

  • Must have good written, verbal, and analytical skills

Education and/or Experience:

  • Bachelor's degree in accounting, finance, economics, math, or related field
  • 2+ years accounting/finance experience preferred

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