The FP&A, Analyst will be responsible for assisting with financial forecasting, budgeting, and analysis to support strategic decision-making across the organization. This pivotal role requires strong financial / operational acumen, excellent financial modeling skills, and the ability to collaborate effectively with cross-functional teams. The FP&A, Analyst will support the Management team and Department leaders with data-driven analysis in support of Baldor’s strategic and financial objectives.
Responsibilities:
- Play a key role in preparation of financial and strategic plans for individual departments and the wider organization.
- Prepare and consolidate the financial planning, budgeting, and forecasting processes ensuring accuracy and alignment with strategic objectives.
- Develop and deliver financial reports, dashboards, and presentations for the Management team, highlighting critical performance indicators, trends, and areas of opportunity / risk.
- Conduct variance analysis to gauge actual financial performance against budgets and forecasts, while elucidating the principal drivers of variances.
- Partner with the Accounting team during the Close process, which includes reviewing Departmental P&L results and identifying potential expense accruals.
- Serve as FP&A liaison to Departments by working closely in support of initiatives and general financial inquiries.
- Create financial models (Cash Flow, P&L, etc.) analyzing past performance and helping predict future growth.
- Collaborate with operational and functional units to establish and monitor key performance metrics.
- Support business leaders in evaluating and measuring the financial implications of strategic endeavors, investments, and business cases.
- Assist in development / implementation of enhanced FP&A tools (reporting, modeling, etc.)
- Uphold compliance with financial protocols, procedures, and regulatory prerequisites.
Requirements:
- Bachelor's degree in Finance, Accounting, or a related field.
- Accumulation of 3-5 years of progressive experience in financial planning and analysis.
- Strong financial acumen and ability to interpret and analyze complex financial data.
- Demonstrated experience in financial modeling, forecasting, and budgeting.
- Detail-oriented with the ability to multi-task and meet deadlines with minimal supervision.
- Exceptional analytical and problem-solving skills, with the ability to identify trends in financial and operational data.
- Strong business partnering skills, with the ability to collaborate effectively with stakeholders.
- Excellent communication skills with the ability to clearly articulate complex financial concepts to non-finance professionals.
- Proficiency in financial analysis tools, ERP systems (MS D365 preferred), and advanced knowledge of Microsoft Excel and PowerPoint
- Experience in the food distribution or manufacturing industry is preferred but not required.
Education and Experience:
- Bachelor's degree in Finance, Accounting, or a related field.
- Accumulation of 3-5 years of progressive experience in financial planning and analysis.
