Job Details
OPPORTUNITY
Our client is a PE-backed manufacturing company based in the Greater New Orleans area with an annual revenue of $95M in FY2023. Their focus is to deliver best-in-class power distribution systems to meet the energy challenges of clients in industries such as critical power, marine, O&G, transportation, and wastewater.
This Senior Financial Analyst (FP&A) opportunity is a high-visibility role within the organization, reporting directly to senior leadership and owning financial processes including budgeting, forecasting, and financial analysis. High performing candidates will have the opportunity for rapid career growth and promotion within the group and PE firm as a whole.
SCOPE OF WORK
- Provides financial consulting and support to the President, senior management and operations personnel on financial matters related to budgeting, forecasting, and financial analysis for two manufacturing facilities.
- Prepare regular financial analysis, models, reports, and presentations for review by C-Suite Executives and Board of Directors. The position will analyze operating data, financial results and other ad hoc reporting which will require collaboration with operations personnel to best understand and improve the business.
- Prepare the Annual Operating Budget and prepare revised forecasts, taking into consideration changes in the business, customer pipeline and current backlog.
- Oversee and develop P&L, balance sheet and cash flow statement budgets and periodic forecasts.
- Provide explanations for monthly material variances from prior expectations.
- Partner with each department (e.g., Manufacturing, Engineering, Sales, IT, HR and Safety) to assist the tracking and reporting of key performance indicators.
- Update and monitor key performance indicators and key financial metrics, highlighting trends and analyzing. variances, to understand and be able to communicate the financial health of the business
- Oversee maintenance and distribution of daily percentage of completion flash reporting.
- Manage the preparation of all materials needed for management meetings, flash reporting, business reviews and quarterly board package
- Manage rolling 13-week liquidity forecast and weekly cash flow reports.
- Partner with accounting and corporate finance to standardized and align monthly financial reports with budgeting and forecasting models to allow clear and timely variance analysis.
- Assisting with the adoption of new financial systems and tools, leading the migration efforts of financial data and processes between ERP systems (IFS and Dynamics) and Payroll platforms (ADP and Paycom). This will involve collaboration with teams such as HR and IT.
- Interface on a regular basis with the parent company of this subsidiary and prepare ad hoc analysis requested by PE Sponsor and Creditors.
- Demonstrate a strong understanding of how manufacturing activity drives profits and revenue recognition processes. Due to this requirement, this position will require on-site presence at the main offices and manufacturing facilities under a hybrid work schedule. This role is not offered fully remote.
IDEAL CANDIDATE PROFILE
- Bachelor s degree in Accounting, Finance or a related field
- 5+ years of work experience in a finance or accounting role working on any combination of the following: GL maintenance, cost accounting, budgeting, financial reporting, FP&A
- 2+ years of experience analyzing fluctuations on both the P&L Statement and Balance Sheets, Strong understanding on how to project operational cash flow.
- Candidates with work experience or a strong understanding of financial operations related to manufacturing environments is highly preferred (this role will utilize standard or average costing to value inventory).
- The ability to wear multiple hats, demonstrate a strong business acumen, and the ability to make executive presentations to C-Suite Executives and Board of Directors is required.
- Analytical modeling expertise in Excel utilizing pivot tables is required
- A background in MS Dynamics or similar systems are required. This role may also interact with other tools such as payroll systems (ADP, Paycom), and ERPs (IFS or Dynamics)
- Other skills including analytical thinking, sound judgment and decision making, integrity, confidentiality, initiative/drive, and attention to detail are required.
BT EXECUTIVE SEARCH
BT Finance Executive Search, LLC excels in connecting accomplished finance, accounting, and executive leadership talent with top companies in the Southeast. Our recruiting experts work diligently to shape the future of leadership through deep industry knowledge and a commitment to excellence, enabling us to forge unmatched connections between leading companies and the best talent.
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