Financial Analyst, Budgeting and Margin

Job Summary:

Compensation: $72,142 - $101,-050

The Financial Analyst, Budgeting and Margin is responsible for managing the P&L budgeting and forecasting processes, as well as leading margin analyses. This role involves collaborating with the IDI Financial Planning & Analysis (FP&A) team to provide essential support to Executive Management, operations, and business leadership.

Responsibilities/Duties:

- Budgeting and Forecasting:

Support annual budgeting process for sales, margin, and operating expenses

- Coordinate P&L forecasting process for mid-year P&L updates

- Develop variance analyses for budget and forecast presentations to executive leadership

- Ensure accuracy and timeliness of key budget, forecast, and reporting deliverables

- Margin Analysis:

Publish and present monthly margin analysis based on vendor and customer pricing

- Partner with business and operations to understand margins and recommend opportunities

- Process Improvement and Documentation:

Respond to customer feedback to improve budget, forecast, and margin processes

- Document workflows, analytical techniques, and business processes

- Reporting and Ad-Hoc Analysis:

Develop, maintain, and distribute ad-hoc reports related to budget, forecasts, and margins

- Miscellaneous:

Other duties as required to benefit the organization

Leadership Competencies:

- Leads Self

Communicates Effectively & Candidly

- Drives for Results

- Demonstrates Accountability

- Takes Initiative

- Collaborates

Qualifications/Skills:

- Technical Proficiency:

Highly skilled in the use of Microsoft Office products including Excel, PowerPoint, and Word

- Proficiency in the use of ERP accounting software; SAP preferred

- Financial Knowledge:

Understanding of complex financial ratios and financial performance measurements

- General knowledge of GAAP and accounting theory

- Analytical and Data Interpretation Skills:

Strong interest in interpreting and telling a story with data, trends, and analysis

- Attention to Detail and Teamwork:

Detail-oriented, ability to work independently and as part of a team

- Communication Skills:

Must have good written, verbal, and analytical skills

Education and/or Experience:

- Bachelors degree in accounting, finance, economics, math, or related field

- 2+ years accounting/finance experience preferred