Financial Analyst

S&C Electric Company•Chicago, IL

2h•$73,920 - $97,885•Hybrid

About The Position

As an S&C Electric team member, you’ll work on projects that have real-world impact. You’ll help transform the grid for resilient and reliable power worldwide. S&C has more than a 100-year history of innovation and has been 100% employee-owned since 2012. We continue this legacy as a trusted, forward-thinking leader in the electrical industry. You will advance a safer, more reliable, and more resilient electrical grid. Our products help the grid adapt to severe weather and transition to clean energy. We’re big enough to be a respected industry leader but small enough for you to impact our company directly. Our commitment gives you opportunities to impact on and off the job positively. Join S&C to make an impact on tomorrow’s energy challenges and become an employee-owner! Join Our Team as a Financial Analyst! Are you passionate about Finance & Accounting? S&C Electric Company is seeking a dynamic individual to join our Finance function. The Financial Analyst prepares and analyzes financial reports, develops and monitors budgets, and provides insights to support strategic decision-making. This role collaborates with value stream leaders to enhance financial performance, ensures compliance with financial regulations, and drives process improvements to optimize resource allocation and profitability. Additionally, the Financial Analyst identifies and mitigates business risks to support the company's operational and financial goals.

Requirements

Bachelor’s degree in Accounting, Finance, or related field.
3+ years of experience in a manufacturing environment.
Strong analytical skills and proficiency in financial software.
Proficiency in the Microsoft 365 Business Suite (e.g., Excel, Word, PowerPoint, Outlook)
Excellent communication and leadership abilities.
Understanding of financial principles and accounting practices, including budgeting, forecasting, and variance analysis.
Ability to analyze financial data and provide actionable insights for operational improvement.
Excellent verbal and written communication skills to effectively collaborate with cross-functional teams and present financial information.
Critical thinking skills to identify problems and develop solutions in a manufacturing context.
High level of accuracy and attention to detail in financial reporting and analysis.

Nice To Haves

Oracle ERP Proficiency with Oracle ERP, Oracle EPM Cloud, and other accounting software used by the organization
Experience with a mix of financial and cost accounting, FP&A, and business systems analysis experience supporting financial environments and a good understanding of ERP systems in a manufacturing environment

Responsibilities

Prepare timely month-end and quarterly reports, analyze monthly financial statements, including variance analysis, and present findings to management.
Assist management with identifying and evaluating business drivers, KPIs, and trends to support strategic decision-making and operational improvements.
Develop and monitor budgets and forecasts, providing insights for improvement, driving planning accuracy, and ensuring alignment with corporate goals for a production Value Stream.
Partner with value stream leader to provide insights on financial performance.
Analyze and interpret financial data to identify trends, variances, and key performance drivers, providing results to management.
Support working capital and free cash flow improvement with ad-hoc plans on inventory reduction and managing capital expenditures budget and process.
Ensure compliance with internal controls and financial regulations.
Assist process improvement and cost-saving initiatives and optimize resource allocation to protect and increase the company’s profitability.
Report on capital expenditures and Value Stream activities.
Identify and mitigate business risks and organization blind spots to curb inefficiencies.
Understand and comply with all applicable Company policies and rules

Benefits

Medical & Prescription
Dental
Vision
Health Care and Dependent Care Flexible Spending Accounts
Health Savings Account (HSA)
Group Life Insurance
optional Supplemental Life and AD&D Insurance
Wellbeing Resources including Employee Assistance Program and Family Forming Benefits (i.e., Adoption and Fertility support)
Vacation Time
Sick Time
Paid Holidays and Company Shutdown days
Short-Term Disability
Long-Term Disability
Other Leaves
Paid Parental Time
Military Leave
401(k) Retirement Savings and Employee Stock Ownership Plan (KSOP) offering traditional and Roth 401(k) options and an Employee Stock Ownership Plan (ESOP) component; KSOP participants can receive annual ESOP company contributions of over 11% of eligible earnings (3% Core, up to 3.5% Match, Variable Periodic).