Commercial Financial Analyst

IAC Group; Southfield (MI); On-site; USD 65,000 - 100,000; Full time

Job summary

IAC Group in Michigan is seeking a Commercial Financial Analyst to drive profitability analysis, pricing recommendations, and forecasting for customer programs. You will partner with Commercial, Program Management, Operations, Engineering, and Finance to create data-driven insights that guide profitable growth.

The role involves evaluating profitability, supporting quotes, and developing financial models and dashboards.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, or related field required.
• 1-3 years of finance, accounting, pricing, FP&A, or business analysis experience.
• Internship or co-op experience in finance or accounting preferred.
• Manufacturing or automotive industry experience is a plus.

Responsibilities

• Analyze customer, product, and program profitability.
• Prepare financial models, forecasts, and business case analyses.
• Support monthly financial reporting and variance analysis.
• Monitor key financial metrics and identify trends, risks, and opportunities.
• Develop ad hoc analyses for commercial and operational leadership.
• Assist in evaluating customer RFQs, pricing requests, and engineering changes.
• Support development of customer quotations and pricing models.
• Analyze customer pricing targets and profitability impacts.
• Participate in commercial reviews and customer business assessments.
• Support commercial recovery and margin improvement initiatives.
• Assist with budgeting and forecasting activities related to sales and customer programs.
• Track revenue, pricing, and margin performance against plan.
• Review assumptions and provide recommendations to improve forecast accuracy.
• Support long-range financial planning activities.
• Collaborate with Commercial, Engineering, Purchasing, Operations, and Program Management teams.
• Provide financial guidance to support decision making on customer opportunities and operational initiatives.
• Identify cost savings and profitability improvement opportunities.
• Support implementation of new processes and analytical tools.
• Maintain financial databases, reports, and analytical models.
• Ensure accuracy and integrity of financial data.
• Support automation and process improvement initiatives.
• Develop dashboards and reporting tools to improve visibility into commercial performance.

Skills

Financial Analysis

Excel

ERP systems

PowerPoint

Financial modeling

Data Analytics

Decision Making

Business Acumen

Problem Solving

Attention to Detail

Communication Skills

Collaboration

Customer Focus

Forecasting

Education

Bachelor's degree in Finance, Accounting, Economics, Business Administration, or related field

Tools

ERP systems

Financial reporting tools

PowerPoint

Job description

Position Summary

The Commercial Financial Analyst supports the financial evaluation and profitability of customer programs, pricing activities, commercial negotiations, and business growth initiatives. This role partners closely with Commercial, Program Management, Operations, Engineering, and Finance teams to analyze financial performance, develop pricing recommendations, support forecasting activities, and provide insights that drive profitable growth. The Commercial Financial Analyst serves as a key contributor in customer profitability analysis, quote support, and financial reporting by utilizing data-driven analysis to support sound business decisions.

Key Responsibilities

Financial Analysis & Reporting

• Analyze customer, product, and program profitability.
• Prepare financial models, forecasts, and business case analyses.
• Support monthly financial reporting and variance analysis.
• Monitor key financial metrics and identify trends, risks, and opportunities.
• Develop ad hoc analyses for commercial and operational leadership.

Commercial Support

• Assist in evaluating customer RFQs, pricing requests, and engineering changes.
• Support development of customer quotations and pricing models.
• Analyze customer pricing targets and profitability impacts.
• Participate in commercial reviews and customer business assessments.
• Support commercial recovery and margin improvement initiatives.

Forecasting & Planning

• Assist with budgeting and forecasting activities related to sales and customer programs.
• Track revenue, pricing, and margin performance against plan.
• Review assumptions and provide recommendations to improve forecast accuracy.
• Support long-range financial planning activities.

Business Partnership

• Collaborate with Commercial, Engineering, Purchasing, Operations, and Program Management teams.
• Provide financial guidance to support decision making on customer opportunities and operational initiatives.
• Assist in identifying cost savings and profitability improvement opportunities.
• Support implementation of new processes and analytical tools.

Data Management & Continuous Improvement

• Maintain financial databases, reports, and analytical models.
• Ensure accuracy and integrity of financial data.
• Support automation and process improvement initiatives.
• Develop dashboards and reporting tools to improve visibility into commercial performance.

Qualifications

Education

• Bachelor's degree in Finance, Accounting, Economics, Business Administration, or related field required.

Experience

• 1-3 years of finance, accounting, pricing, commercial finance, FP&A, or business analysis experience.
• Internship or co-op experience in finance or accounting preferred.
• Manufacturing or automotive industry experience is a plus.

Technical Skills

• Strong Microsoft Excel skills.
• Experience with ERP systems and financial reporting tools preferred.
• Ability to build financial models and perform quantitative analysis.
• Proficiency in PowerPoint and financial presentation preparation.

Competencies

• Financial Analysis
• Business Acumen
• Problem Solving
• Attention to Detail
• Communication Skills
• Customer Focus
• Collaboration
• Data Analytics
• Decision Making
• Continuous Improvement

Success Measures

• Accuracy of financial analyses and reporting.
• Timely completion of pricing and quote support activities.
• Forecast accuracy and financial insight quality.
• Identification of margin improvement opportunities.
• Effectiveness of business partnerships with commercial and operational teams.
• Contribution to profitable growth initiatives.