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Financial Analyst, Budgeting and Margin @ INS

Chanhassen, Minnesota, USOnsiteFull-time
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About this role

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:

• Bachelor's degree in accounting, finance, economics, math, or related field

• 2+ years accounting/finance experience preferred

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