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FPA Financial Analyst

3 months ago

Jacksonville, United States The New IEM, Llc Full time
Job DescriptionJob Description

IEM (Industrial Electric Manufacturing, Inc.) in Jacksonville, Fl. is the largest independent full-line manufacturer of custom electrical distribution and power quality equipment in North America. IEM has delivered customer-specific solutions to meet the ever-changing power requirements of growth industries in North America for over half a century. We are looking for a highly skilled and motivated Financial Analyst to join our FP&A team.

PURPOSE OF POSITION:

The ideal candidate will have at least three years of professional experience in finance, demonstrating strong analytical capabilities, attention to detail, and a strategic mindset. This role will provide critical financial insights and support to drive the company's strategic decision-making processes and operational efficiency.

Key Responsibilities include:

Financial Planning and Analysis (FP&A):

  • Conduct comprehensive financial analysis, including budgeting, forecasting, variance analysis, and financial modeling
  • Work with IT Department to track and forecast expenses related to the department activities
  • Prepare and distribute monthly reporting, highlighting key trends, insights, and recommendations
  • Collaborate with various departments to gather relevant financial data, ensure data consistency, and develop accurate forecasts and budgets
  • Assist in the development of long-term financial plans, including capital expenditure planning and resource allocation
  • Support senior management with financial insights to drive strategic initiatives and business growth
  • Analyze financial performance against key performance indicators (KPIs) and provide actionable recommendations for improvement
  • Partner with Accounting to ensure data consistency for reporting purposes

Operational Efficiency:

  • Monitor and analyze manufacturing costs, suggesting areas for cost reduction and efficiency improvements
  • Collaborate with the Operations team to understand production processes and quantify financial implications of operational decisions

Examples of other Ad-Hoc Analysis:

  • Perform ad-hoc financial analysis to support various business initiatives, including new product launches, market expansion, and pricing strategies.
  • Work with the Accounting team to create and improve departmental level reporting
  • Partner with Business Intelligence team for data visualization


Qualifications:

Education: Bachelor’s degree in Finance, Accounting, Economics, or a related field

Experience: Minimum of three years of professional experience in a finance role, preferably within the manufacturing industry

Technical Skills:

  • Proficiency in financial modeling and analysis
  • Advanced knowledge of Excel, Power Point and financial planning software (Prophix is a plus)
  • Familiarity with business intelligence tools and ERP systems is a preferred

Analytical Skills:

  • Strong analytical and problem-solving abilities with a keen attention to detail
  • Ability to interpret complex financial data and translate it into actionable insights

Communication Skills:

  • Excellent verbal and written communication skills, with the ability to present financial information clearly and concisely.
  • Strong interpersonal skills, with the ability to collaborate effectively with cross-functional teams

Other Skills:

  • Ability to manage multiple priorities and meet tight deadlines in a fast-paced environment
  • High level of integrity and professionalism