Financial Analyst

• Financial Reporting and Analysis: Prepare monthly, quarterly, and annual reports on the company's financial performance. Analyze financial data related to revenue, sales trends, bookings, and returns to identify patterns, areas of improvement, and growth opportunities. Reporting will be needed for external requirements.
• Budgeting and Forecasting: Collaborate with business unit leaders to develop accurate budgets and forecasts. Monitor actual financial performance against targets and provide variance analysis, highlighting key drivers and recommending corrective actions when necessary.
• Sales Trends Analysis: Conduct in-depth analysis of sales data to identify trends, opportunities, and challenges. Provide recommendations to enhance profitability and revenue growth.
• Returns Analysis: Analyze returns data to determine patterns and root causes. Work with the sales and operations teams to implement strategies to reduce return rates and improve customer satisfaction.
• Performance Metrics: Develop and monitor key financial performance indicators (KPIs) related to manufacturing efficiency, sales performance, delivered not invoiced, commissions, and product returns. Prepare reports for senior management highlighting findings and recommendations. Work with Business Analyst to create reports in Power BI or Workday Adaptive and establish an organized repository of metrics and dashboards.
• Strategic Planning: Collaborate with key stakeholders to develop and implement strategic plans for business unit growth. Provide valuable insights and recommendations on resource allocation, cost optimization, pricing strategies, and revenue forecasting.
• Financial Modeling: Develop and maintain complex financial models to support decision-making regarding manufacturing processes, cost management, investment opportunities, and sales strategies. Ensure models accurately reflect operational and financial scenarios.
• Scenario Analysis: Conduct scenario analyses to evaluate the financial implications of various business strategies under different conditions. Utilize models to simulate the financial impact of changes in market conditions, production costs, sales volumes, and pricing strategies.
• Cross-functional Collaboration: Work closely with internal teams, managers, and business development to provide financial guidance and support. Collaborate on the development of pricing models, cost modeling, and financial performance indicators.
• Process Improvement: Continuously identify opportunities to streamline financial processes, enhance financial reporting systems, and improve the accuracy and efficiency of financial analysis. Implement best practices and contribute to the ongoing development and enhancement of financial tools and methodologies.

• Bachelor's degree in Finance, Accounting, Economics, or a related field.
• Minimum of 5 years of experience in financial analysis, preferably in a manufacturing environment.
• Strong analytical and data analysis skills, with proficiency in Excel and financial modeling.
• Experience with financial reporting and forecasting tools.
• Excellent communication and presentation skills, with the ability to convey complex financial information in an understandable manner.
• Detail-oriented with strong organizational and multitasking abilities.
• Proven ability to work independently and as part of a team.
• Working knowledge in financial software and tools, including Adaptive, Power BI, ERP systems including IFS and Salesforce, and Microsoft suite would be a plus.

• Base Salary Range: $100,000 - $125,000
• Potential Bonus: 5%

• Generous paid time off; starting at 15 vacation days, 10 holidays, and 10 days of Personal, Sick, & Safety Time (PSST)
• 401K with 6% company match
• Employee Stock Ownership Plan (ESOP)
• Excellent health & wellness benefits
• Student debt & tuition reimbursement
• Referral bonus

• Monday - Friday: 8am - 5pm
• In Office: Daily for first 6 months; eligible for 2 work from home days per week after that

• Schaumburg, IL

Novaspect