Financial Analyst

7 days ago


Mentor, United States Race Winning Brands Full time
Job DescriptionJob Description
Description:

Race Winning Brands (RWB) is the leading manufacturer of racing and high-performance parts sold to automotive and powersports markets. RWB is the preferred source for high-end pistons, engine blocks, cylinder heads, intake manifolds, connecting rods, crankshafts, clutches, transmissions, springs and other engine and driveline- related performance components. RWB markets its products through multiple prominent brands including JE Pistons, Wiseco Performance Products, Diamond Pistons, Trend Performance, Rekluse Motor Sports, MGP Connecting Rods, ProX Racing Parts, Dart Machinery, PAC Racing, Revmax, Haltech, TSI, and Corsa/Volant Performance. RWB sells to a diverse and unmatched customer base of professional and sportsman racers, engine builders, enthusiasts, OEMs, automotive and powersports dealers and wholesale distributors. RWB is headquartered in Mentor, Ohio with sales offices and manufacturing operations in strategic locations throughout the United States, Canada, Europe and Asia.


Race Winning Brands has an immediate opening for a Financial Analyst with a sales focus at our Headquarters located in Mentor, Ohio. This is an full-time on-site position.


The primary function includes but is not limited to: be a key member of the Finance department and support all functions of the company through reporting and analysis efforts. This individual is responsible for supporting all aspects of budgeting, planning and analysis related to the overall organization. The position will work within the Finance Department and will partner with management cross-functionally to design/create and improve complex financial models (including P&L, Balance Sheet, and Bank Covenants Tracking), build annual budgets and analyze variances, including commentary and review trends. The Financial Analyst will analyze key areas of the business to aid in the review and/or improvement of business performance (KPI's, performance metrics, trend analysis, etc.). The successful candidate will be expected to routinely provide financial insights on all regions' performance to local leadership.


Requirements:
  • Prepare insightful monthly analysis of actual results vs. budget/forecast
  • Support month-end close process with analysis, consolidation, and reporting
  • Monitor and analyze budget variances to recommend continuous improvement opportunities
  • Build and manage in-depth financial models to support new business opportunities, financing initiatives and divestitures
  • Assist in defining, managing, and streamlining financial reporting process
  • Perform ad-hoc analyses in support of business initiatives
  • Support due diligence efforts when required
  • Support preparation and review of quarterly board materials
  • Support preparation and review of monthly Executive Leadership packages
  • Support preparation of monthly, quarterly, and annual bank covenants
  • Assist in effectively planning and budgeting business results
  • Develop and maintain business KPI's, performance metrics, and trend analysis on business results

PM21


SKILLS AND COMPETENCIES:

  • Fundamental knowledge of Accounting, Reporting and Analysis
  • Clear understanding of P&L and balance sheet relationship
  • Clear understanding of Bill of Materials, Routings, WIP and Absorption impacts to the business
  • Ability to quickly learn ERP systems
  • Problem solving skills to identify problems, gather and analyze information skillfully to resolve problems in a timely manner
  • Oral communication skills to speak clearly and persuasively in positive or negative situations and demonstrate group presentation skills in conducts meetings
  • Written Communication skills to self-edit written reports, emails, and outside correspondence for spelling, grammar, and punctuation and that communication is precise, clearly communicated, and correctly interpreted by its audience
  • Planning/organizing skills to prioritize work and plan activities to maximize time efficiently
  • Quality control that demonstrates accuracy and thoroughness in final work product, good listening skills, diplomatic, and sensitive in responding to employee and new hire questions and inquiries.
  • Adaptability to manage competing demands and manage ever-changing priorities, delays, or unexpected events
  • Dependability to consistently be at work and on time, reliably following instructions, responding to management direction and soliciting feedback to improve performance
  • Safety and security to actively promote and personally observe safety and security procedures

Education:

Bachelor's Degree in Finance or Accounting, MBA or CMA is preferred


Experience:

Minimum of (3) years of accounting/FP&A experience (preferably in a manufacturing environment)


Computer Skills:

High proficiency in Microsoft Office Suite; ERP system MAS 500


What You'll Get:

  • Eligible for Medical, Dental, Vision Insurance as of Day One
  • Employer Paid Life and Disability Insurance
  • HSA with Employer Contributions
  • 401(K) Retirement Plan with Company Match
  • Employee Wellness and Assistance Programs
  • Paid Maternity/Paternity Leave
  • Paid Time Off
  • 13 Paid Company Holidays


EEO Statement:

Race Winning Brands provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristics protected by federal, state, or local laws.




PIecaa4f40ed79-25405-35293866



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