Distribution Expense Analyst

6 months ago

Middletown, United States U.S. Electrical Services, Inc. Full time

Company Overview:

U.S. Electrical Services, Inc. (USESI) stands as the largest independent electrical wholesale distributor in the nation. With over a century of experience, $100M+ inventory, 14 regional businesses, and a team of over 1,500 professionals, we are committed to excellence.

Job Description:

We are seeking a meticulous and analytically inclined Distribution Expense Analyst to join our team in a newly created role. The Distribution Expense Analyst will play a crucial role in overseeing an optimizing distribution-related expenditures within our organization. This role involves analyzing various costs associated with distribution processes, identifying opportunities for cost reduction, and implementing strategies to enhance efficiency and profitability. The role offers an opportunity to contribute significantly to the financial health and operational efficiency of the organization through meticulous expense management and invoice validation. 

Key Responsibilities: 

Conduct comprehensive reviews of distribution expenses across various departments, verifying accuracy, and identifying discrepancies and areas of cost reduction opportunity.  Scrutinize incoming invoices, ensuring alignment with contracts, purchase orders. Validate invoice accuracy, resolve discrepancies.  Develop and implement streamlined processes for expense management and invoice validation to improve efficiency and accuracy. Prepare regular reports on expense trends, cost-saving opportunities, and invoice validation metrics. Provide insights and recommendations to management based on this analysis. Assist in the development of distribution expense budgets and forecasts, providing insights and recommendations to ensure alignment with organizational goas. Monitoring actual expenses against budgeted targets, investigating and explaining variances while proposing corrective actions as needed.  Ensure adherence to financial regulations, USESI policies, and accounting standards. Support internal audits related to expense management and invoice validation. Liaise with vendors or suppliers regarding invoice discrepancies, manage RFQ for vendors and explore opportunities for cost reduction and service enhancements.  Collaborate with IT teams for system enhancements, automation, or integration of financial tools to streamline expense and invoice management processes. 

Qualifications and Skills: 

Bachelor's degree in finance, Accounting, Business Administration, or related field is a plus.
Proven experience (2 to 3 years) in financial analysis, expense management, and invoice validation within a corporate environment Proficiency in data analysis tools and software (e.g. Excel, SQL, Tableau) for extracting, manipulating, and interpreting large datasets.  Strong analytical skills with meticulous attention to detail and the ability to interpret complex financial data and translate into actionable insights. Excellent communication skills to collaborate with various stakeholders, vendors, and cross-functional teams.  Detail-oriented mindset with a commitment to accruacy and thoroughness. Ability to work independently, prioritize tasks, and meet deadlines in a dynamic work environment.  Familiarity with distrbution processes is advantageous.

Job type: Full-time 

It is the policy of USESI and its affiliates to consider applicants for all positions without regard to race, color, religion, creed, gender, gender identity, national origin, age, disability, marital or veteran status, or any other legally protected status.

At USESI, we believe that our benefits should make a difference—to you, your job, and the life you lead outside of work. We are dedicated to supporting our most valuable asset, our employees 

Full-time employees are eligible for the following comprehensive benefit plan:

Medical, Dental, Vision, Rx coverage  Paid Parental Leave  TeleMedicine  Matching 401(k) Company-paid Life Insurance + (AD&D)  Supplemental Life Insurance  Short and Long Term Disability  Flexible Spending Accounts  Employee Assistance Program (EAP)  Choice of Voluntary Benefits including identity theft

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