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Financial Analyst

2 months ago

Holland, United States The Stow Company Full time

About The Stow Company Headquartered in Holland, Michigan and established over 35 years ago, The Stow Company manufactures a complete range of closet and home organization solutions. The company’s products touch every area of the home—closets, kitchen pantries, laundry and utility rooms, garages, mudrooms, offices, and beyond – and are marketed under the Inspired Closets, ORG Home, Garage Essentials, Monkey Bars, EasyClosets, EasyGarage, and Easy Track brand names. The Stow Company is currently seeking qualified candidates for a Financial Analyst position

located

at our Holland, MI office location . We are the country’s premier source for custom closets and organizational solutions; designed, custom-cut, and shipped directly to our clients. Primary Purpose of Position: This role partners with multiple cross-functional operations support team members both at our corporate and plant locations - utilizing their analyst expertise specific to manufacturing. The ideal candidate is and can not only analyze information, but effectively communicate their findings to others, while proactively highlighting areas of improvement. This role will perform daily general ledger accounting, financial reporting, and analysis, and be a key contributor to planning and forecast cycles. In this highly visible role, you will interact with key members of management, and support critical projects. This is a great opportunity for a motivated individual looking to learn all aspects of a growing company, make an impact and develop the skills necessary to take on a larger role. Analyst (Shared Service) Key contributor to execute monthly re-forecasts, and support annual budget, which includes in-depth analysis required to support methodologies used. Conducts scenario analysis and sensitivity testing to assess potential impacts on the business. Maintain Intercompany and Intracompany transactions, ensuring accuracy to the plant level and at the consolidated level. Supports management decision making and achievement of organizational goals via preparation of financial and operational analysis. Areas of analysis can include revenues, expenses, manufacturing performance, profitability, cash flow, among other things. Requires use of problem solving, critical thinking, communication, business acumen, a learning mindset, and curiosity to analyze queried data, conduct data storytelling and reporting, and data modeling using various tools like, SQL Database, Adaptive, Excel, M2k, and SAP. Use of strong research skills to stay ahead of current trends and methodologies in management accounting and reporting, with the ability to then recommend and implement relevant accounting changes that are compliant with GAAP. Execute value-added analysis and modeling for special projects and initiatives, as well as lead continuous improvement initiatives. Example, Streamline Balance Sheet Reconciliation process focusing on accuracy, timeliness, and ability to audit thoroughly. Cost (Holland Location) Responsible for coding, submission for processing, and analysis for all freight carriers for the Holland location. Work closely with operations and respective support teams to compile and analyze production labor efficiency. Clearly explaining variances and opportunities for improvement. Develops, monitors, and analyzes the manufacturing overhead allocation and burden rates to ensure accuracy. General (Shared Service) Review and investigate accounting transactions to improve data accuracy. Execute month-end, quarter-end, and year-end closing process ensuring timely, accurate results complete with monitoring of performance indicators, highlighting trends and analyzing causes of unexpected variance. Ensure balance sheet account reconciliations are completed in a timely manner, fully supported, and follow GAAP. Support annual audit engagements by completing, reviewing, and submitting auditor requests as well as support of annual audited financial statements and tax requirements Assists in implementation of ERP system and/or other software as needs arise. Ensures GAAP is incorporated into the management of the business. Ensures appropriate internal controls are in place. Lives Company values daily Poses no direct threat to the health or safety of themselves, of others, or to property. Defined as a significant risk of substantial harm that cannot be eliminated or reduced to an acceptable level by reasonable accommodation. Requires regular attendance to perform essential elements as contained herein between the assigned start and end times for work. Establishes and maintains effective work relationships within the department, the Company, and the community; and maintains the professional competence, knowledge, and skill necessary for the satisfactory performance of all assigned responsibilities. The Stow Company may temporarily assign any team member with duties outside of their normal responsibilities. Such assignments may be warranted due to a variety of specific requirements, conditions and/or the capabilities of available personnel. Management will determine the nature and duration of those assignments. BASIC QUALIFICATIONS: Education & Experience: Bachelor’s degree in accounting or finance 3+ years’ experience in manufacturing Certifications/Licenses/Registrations: N/A Knowledge / Skills/Abilities: Must have strong technical and analytical skills with solid cost accounting background Ability to analyze large volume of financial data and prepare analysis, financial reports, statements, and projections with strong attention to detail within aggressive deadlines Demonstrated ability to make solid, objective, ethical decisions Continuous improvement mindset with focus on elimination of non-value-add activities Able to maintain strict confidence in financial sensitive information and demonstrate a high level of integrity Must have excellent customer service skills, including strong written and verbal communication skills Must have the ability to interface with all levels of personnel in an office and a manufacturing environment Ability to take the initiative and work well independently with little supervision, and as part of a team PHYSICAL REQUIREMENTS & WORK ENVIRONMENT: Sitting at workstation approximately 80% percent of work time Standing and walking approximately 20% percent of work time Typical office environment with shelves overhead and above work surfaces Manufacturing environment with multiple machinery and moving parts Office environment at headquarters and manufacturing plant Position is located on-site Ability to work overtime or occasionally on weekends

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