Sr. Financial Analyst
Element Electronics•Edina, MN
•$88,000 - $119,100
About The Position
The Senior Financial Analyst will play a key role in Element’s financial reporting and analysis process as it relates to Corporate and SG&A functions. This will include monthly reporting, quarterly forecasting/budgeting, and collaborating with functional leaders across departments. The Senior Financial Analyst will help ensure financial accuracy, provide financial insights, improve cost management, and support strategic decision-making.
Requirements
- Bachelor’s degree in accounting, finance, or related field.
- 4+ years of experience in financial analysis, budgeting, and forecasting.
- Strong understanding of financial planning and analysis concepts, including budgeting/forecasting and variance analysis.
- Proficiency in Microsoft Excel and financial modeling.
- Strong written and verbal communication skills with the ability to support cross-functional collaboration.
- Ability to work independently, prioritize competing demands, and manage multiple projects simultaneously.
- Initiative to gain insights and implement process improvements and efficiencies where needed.
Nice To Haves
- Experience in NetSuite, Netsuite Planning & Budgeting and/or Power BI is preferred.
Responsibilities
- Support the annual budget and quarterly forecasting process, working with functional leaders to gather assumptions, analyze trends, and improve forecast accuracy.
- Coordinate departmental budget/forecast submissions and compile data for consolidated reporting and analysis.
- Assist in preparing presentations, reporting packages and supporting schedules for leadership to review.
- Perform monthly SG&A analysis including variance to budget, forecast, and prior periods.
- Investigate and explain significant variances, trends, and performance drivers.
- Prepare monthly department reporting with clear commentary and variance analysis.
- Support accrual review and expense validation processes.
- Work closely with the Accounting team to ensure accuracy and completeness of SG&A expense reporting.
- Prepare ad hoc reporting to support leadership decision-making.
- Identify and implement process improvements to enhance accuracy, efficiency, and consistency in financial reporting and planning activities.
- Support automation initiatives related to budgeting, forecasting, reporting, and data consolidation processes.
- Review and identify opportunities to automate financial reporting, forecasting and analysis processes via Power BI or other tools.
- Collaborate with IT to implement automation and system enhancements.
- Create and maintain dashboards to monitor SG&A performance, KPIs, and trends.
- Partner with functional leaders to manage SG&A expenses and improve financial performance.
- Support business cases, ROI analyses, and cost optimization initiatives.
- Support presentation of financials and findings to Finance leadership and functional leaders.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
