Financial Analyst

This is a fully remote position, open to applicants in Illinois.

📋 Description

• Take ownership of product and customer profitability analysis through gross margin, delivering transparent insights into material expenses, manufacturing costs, and margin performance.

• Collaborate with Commercial, Operations, Engineering, Supply Chain, and Finance teams to evaluate gross margin factors, pinpoint risks and opportunities, and propose actions to enhance profitability.

• Create and uphold product-level costing models, customer profitability assessments, and margin reporting tools that facilitate strategic pricing and commercial decision-making.

• Conduct thorough variance analysis on material costs, uncovering root causes and driving corrective measures with cross-functional stakeholders.

• Compile and distribute weekly and monthly reports on material margin, costs, and profitability for business and finance leadership, emphasizing key trends and actionable insights.

• Track cost variations across products and projects, proactively identifying opportunities for cost reduction, margin improvement, and design-to-cost initiatives.

• Assist in the development of annual operating plans, forecasts, and long-range planning processes through detailed cost and gross margin modeling.

• Lead special projects and ad hoc financial analyses aimed at enhancing profitability, boosting operational efficiency, and fostering strategic business growth.

⛳️ Requirements

• Bachelor’s Degree in Finance, Accounting, or Data Analytics.

• At least 1+ years of experience in financial analysis in a manufacturing context.

• Proficient in Excel (e.g., pivot tables, formulas, lookups, analytics, and effective model building).

• Strong understanding of income statements and balance sheets, with a comprehensive grasp of cash flow metrics and their interrelations.

• Background in general accounting, financial analysis, and forecasting.

• Exceptional attention to detail and capability to reconcile complex data sets.

• A discerning eye with robust problem-solving and communication abilities.

• Competence in presenting complex data in a clear and easily digestible manner.

• Skillful in navigating system limitations to generate value-added reports.

• Capacity to multi-task, prioritize, and organize effectively.

• Ability to coordinate activities across a complex multi-plant environment.

• Hands-on experience with the following systems is advantageous: Power BI and business intelligence tools, Syteline or SAP ERP Systems, Planful software.

• Familiarity with cost accounting/standard costing in a manufacturing setting is a plus.

🏝️ Benefits

• Health, Dental, Vision, Life, STD, LTD, FSA, HSA, and 401(k) Plan with company contributions.

• Opportunity to create NexGen Products - Cooling the World’s Ever Expanding Data Centers.

• Comfortable air-conditioned work environment.

• Benefits commence on day one.

• 401K matching available.

• Four weeks of vacation (accrued) in the first year.