Financial Analyst for Business Growth

2 weeks ago


Provo, Utah, United States Lola Blankets Full time

Position Overview: The Financial Operations Specialist will be integral to maintaining the fiscal integrity and operational efficiency of Lola Blankets. This position encompasses the management of monthly and quarterly financial cycles, supervision of cash flow and working capital, enhancement of payroll and benefits systems, development and upkeep of revenue forecasts, identification of cost-reduction strategies, budget formulation, tax planning, and provision of strategic financial insights to foster business expansion.

Key Responsibilities:

  1. Monthly and Quarterly Financial Reporting:
  • Prepare and evaluate monthly and quarterly financial reports.
  • Ensure the timely and accurate closing of financial records.
  • Reconcile accounts and oversee journal entries.
  1. Cash Flow and Working Capital Oversight:
  • Track daily cash flow and manage working capital to maintain liquidity.
  • Project short-term and long-term cash requirements.
  • Implement strategies to enhance cash management practices.
  1. Payroll and Benefits Management:
  • Supervise payroll processing and benefits management.
  • Identify and execute enhancements to payroll and benefits operations.
  • Ensure adherence to applicable regulations and laws.
  1. Revenue Model Development:
  • Create, update, and sustain financial models to forecast revenues.
  • Analyze sales trends and performance indicators.
  • Offer insights and recommendations based on revenue analyses.
  1. Cost Efficiency Initiatives:
  • Conduct comprehensive financial assessments to pinpoint cost-saving opportunities.
  • Implement strategies to enhance operational efficiencies.
  • Monitor expenditures and suggest cost-reduction measures.
  1. Budget Development and Oversight:
  • Collaborate with department leaders to create and maintain annual budgets.
  • Monitor budget performance and report on discrepancies.
  • Adjust budgets as necessary to accommodate changing business dynamics.
  1. Tax Planning:
  • Formulate and execute tax strategies to optimize the company's tax position.
  • Ensure compliance with federal, state, and local tax laws.
  • Oversee tax planning, reporting, and filing activities.
  1. Strategic Financial Insights:
  • Analyze financial data to aid in business decision-making.
  • Provide recommendations for financial allocations to support growth initiatives.
  • Prepare financial reports and presentations for executive leadership.

Qualifications:

  • Bachelor's degree in Finance, Accounting, or a related discipline.
  • CPA or equivalent certification is advantageous.
  • 2-4 years of experience in a finance or accounting capacity, ideally within eCommerce or retail sectors.
  • Strong understanding of accounting principles and financial reporting.
  • Proficiency in financial modeling and data analysis.
  • Experience with accounting software (e.g., QuickBooks, SAP) and Excel.
  • Excellent analytical and problem-solving capabilities.
  • Strong attention to detail and organizational abilities.
  • Ability to work autonomously and collaboratively.
  • Effective communication and interpersonal skills.


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