Financial Analyst

3 weeks ago


Wayne, Pennsylvania, United States LMC Full time

Rebate Accounting and Financial Analysis Role

LMC, a leading buying group for independent building material companies, is seeking a skilled Financial Analyst to join their team. As a Financial Analyst, you will be responsible for the timely and accurate collection, allocation, and distribution of rebates from vendors to LMC's members. This includes communication with suppliers to collect or deduct rebates owed to our members.

The Financial Analyst will also assist the Manager, Rebate Accounting in the analysis of members' financial statements, including the collection, analysis, and write-up process using analytical and proprietary financial reporting tools. This role requires working in the office Monday through Thursday, with the option to work remotely on Fridays and the first Monday of each month.

Key Responsibilities:

  • Support and assist the activities of the Rebate Accounting and Financial Analysis/Credit Departments.
  • General Ledger reconciliation of rebate programs.
  • Utilize LMC proprietary systems to accurately and timely collect and distribute NAP and CAP credits.
  • Assist in the preparation of the year-end stockholder preferred stock and patronage dividends calculation and distribution.
  • Contribute in the preparation and distribution of the IRS 1099 form.
  • Assist the Rebate Accounting Manager with special projects and provide insight on operational improvements.
  • Maintain documented procedures and update as needed.
  • Assist with dealer financial statement analysis and reports as needed.

Requirements:

  • Bachelor's Degree in Accounting, Finance, or related field, or equivalent experience required.
  • 1-2 years of experience in a related financial/accounting role.
  • Knowledge of general ledger accounting.
  • Experience in the collection, allocation, and distribution of rebates is strongly preferred.
  • Proficient in MS Office Suite applications and able to learn new systems quickly.
  • Experience with analyzing financial statements preferred.
  • Able to work in a fast-paced team environment, manage multiple projects simultaneously, and meet necessary deadlines.
  • Outstanding verbal and written communication skills.
  • Able to create, construct, and understand database spreadsheets and formulas.
  • Exceptional mathematical and analytical skills.
  • Strong organizational skills and attention to detail.
  • Excellent customer service focus and professionalism.

About LMC:

LMC supplies products and services to the home building industry, which is seeing considerable growth with exciting new products, advanced building technologies, and home improvement innovations. The LMC team uses its knowledge and expertise in an entrepreneurial atmosphere to further the growth of our independent member companies. The average tenure of LMC staff is fifteen years or more, and there is a strong sense of camaraderie and pride in our customer-focused culture.

Check out our benefits and perks:

  • Incentive programs for all employees.
  • Traditional and Roth 401k Plans with Generous Company Contributions.
  • Medical, Dental, and Vision Insurance with Flexible Spending Accounts.
  • Competitive Vacation and Paid Holidays.
  • Life Insurance Along with Short & Long Term Disability.
  • Continuing Education Tuition Assistance.
  • Walking distance to the train station and local eateries.
  • Employee team building, company gatherings, and participation in various charity events.


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