Financial Analyst, Budgeting and Margin

Insulation Distributors•Chanhassen, MN

About The Position

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.

Requirements

Highly skilled in the use of Microsoft Office products including Excel, PowerPoint, and Word
Proficiency in the use of ERP accounting software; SAP preferred
Understanding of complex financial ratios and financial performance measurements
General knowledge of GAAP and accounting theory
Strong interest in interpreting and telling a story with data, trends, and analysis
Detail-oriented, ability to work independently and as part of a team
Must have good written, verbal, and analytical skills
Bachelor’s degree in accounting, finance, economics, math, or related field
2+ years accounting/finance experience preferred

Responsibilities

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
Publish and present monthly margin analysis based on vendor and customer pricing
Partner with business and operations to understand margins and recommend opportunities
Respond to customer feedback to improve budget, forecast, and margin processes
Document workflows, analytical techniques, and business processes
Develop, maintain, and distribute ad-hoc reports related to budget, forecasts, and margins
Other duties as required to benefit the organization