Financial Analyst

Crescent Electric Supply Company; East Dubuque (IL); On-site; USD 63,000 - 70,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

401(k) plan

Flexible spending accounts

Life insurance

Paid time off

Job summary

Crescent Electric Supply Company is seeking a Financial Analyst to provide FP&A support across the organization. You will collaborate with leadership to drive value-added analysis, budgeting, forecast planning, and strategic initiatives that affect profitability and cash flow.

Responsibilities include managing the Capex process, monthly reporting, and developing standardized dashboards. You will perform treasury tasks, analyze results, and deliver insights to senior management, with

Qualifications

• Bachelor’s Degree in Finance, Economics, or Accounting; MBA in Finance preferred.
• 3+ years of progressive experience in finance with a strong emphasis on planning and analysis.
• Larger company and/or distribution experience preferred. Demonstrated deep experience in data analysis/mining/modeling, corporate finance principles (NPVs, EVA/economic profit, capital structure), budget/forecast variance analysis, and industry or competitive research.

Responsibilities

• Own Capital Expenditure process, including financial analysis and approval of Capex requests, monthly reporting, and budgeting/forecasting of Capex and related depreciation.
• Support all financial planning processes, including annual budgeting and quarterly forecasting.
• Develop and maintain standardized performance reporting and dashboards across the organization.
• Provide analytical insights to identify trends, risks, and opportunities to improve profitability and cash flow.
• Perform monthly close related treasury tasks and vendor payments.

Skills

Financial analysis

Excel

PowerPoint

Data analysis

Communication

Education

Bachelor's degree in Finance/Economics/Accounting

MBA in Finance preferred

Tools

Financial consolidation software

Job description

Introduction

As a Financial Analyst at Crescent Electric Supply, you will provide financial planning and analysis support to guide strategic decision-making. You will collaborate closely with leadership across Crescent’s various operating companies and functions to drive value-added analysis and improved decision-making throughout the corporation.

Primary Duties

Serve as subject matter expert for financial consolidation software. Responsibilities will include report creation, collaboration with business partners and external vendors, and administrative duties. Own Capital Expenditure process, which will include financial analysis and approval of Capex Requests, monthly reporting, and budgeting/forecasting of Capex and related depreciation. Support all financial planning processes, including those related to strategic planning, annual budgeting, and quarterly forecasting. Provide analytical insights to support the design of strategic initiatives focused on achieving long-term financial objectives. Track and analyze results to ensure progress towards targets and provide analytical insights to business management to accelerate the achievement of strategic and financial goals. Develop and maintain standardized performance reporting and dashboards across all levels of the corporation (operating companies, regions, districts, branches, etc.). Develop monthly and quarterly business reviews for senior management. Provide insightful and actionable analysis of results/plans/forecasts to identify emerging trends, key risks, and opportunities to improve profitability, cash flow generation, and return on invested capital. Support special reports for CFO as needed. Examples: personnel productivity benchmarking, rebate analysis and optimization, and supply chain analysis on purchasing and inventory management. Perform periodic treasury tasks, including, but not limited to load and print checks related to accounts payable, record daily credit card receipts to open accounts receivables ledger, and process vendor ACH payments. Update various cash trackers and related treasury analysis. Monitor cash balances and perform necessary transfers between accounts, as needed. Perform various monthly close related tasks related to treasury.

Skills

Solid business acumen and impeccable integrity. High degree of initiative and self-motivation with a strong sense of accountability. Excellent interpersonal skills with the ability to effectively collaborate with others. Superior analytical skills – comprehensive understanding of financial analysis, modeling tools, reporting systems, and planning processes. Results oriented. Demonstrated ability to multi-task and perform within tight deadlines. Highly proficient in Microsoft applications, specifically Excel and PowerPoint, and various financial support systems and managing data from multiple sources. Strong oral and written communication skills with the ability to effectively communicate and build relationships with all levels of the organization. Understands their internal customers and communicates in a clear and user-friendly manner. Ability to work in a self-directed faced paced environment. Must possess an analytical mindset who is willing to learn, handle ambiguity, ask questions, and participate in improving processes.

Qualifications

Bachelor’s Degree in Finance, Economics, or Accounting; MBA in Finance preferred. 3+ years of progressive experience in finance with a strong emphasis on planning and analysis. Larger company and/or distribution experience preferred. Demonstrated deep experience in data analysis/mining/modeling, corporate finance principles (NPVs, EVA/economic profit, capital structure), budget/forecast variance analysis, and industry or competitive research.

Physical Demands

Travel and overnight travel expected. Often standing, walking, sitting, use of hands/arms to finger/handle/reach needed. Occasionally climbing/balancing, stooping, kneeling, crouching, or crawling needed. Most of the time talking/hearing needed. Occasionally lifting up to 20 pounds. Close vision (clear vision at 20 inches or less) for computer work needed. May be required to work more than 40 hours per week.

Pay Details

The expected rate of pay for this position is $63,000 - $70,000 annually; inclusive of bonus opportunity.

Total Rewards and Benefits

• Eligibility for health, and dental, vision coverage, 401(k) plan, and flexible spending accounts, subject to plan terms.
• Eligibility for company-paid benefits such as life insurance, short-term disability, long-term care, and Employee Assistance Program, subject to applicable waiting periods.
• Excused Absence time off and Paid Time Off (PTO).
• Company-paid holidays.
• Other benefits for which you may be eligible includes supplemental life insurance, hospital indemnity, and accident and critical illness benefits with cancer coverage.

Eligibility

• Employees are eligible for health, dental, vision, and life insurance benefits on the first of the month following 30 days of employment.
• Employees who are 21 years of age or older will be automatically enrolled in the company’s 401(k) plan once they achieve 90 days of employment.

Equal Opportunity Employer

Crescent Electric Supply Company is proudly an Equal Opportunity Employer. Crescent Electric does not discriminate on the basis of age, color, race, national origin, gender, religion, marital status, disability, veteran, military status, sexual identity or expression, sexual orientation, or any other basis prohibited by local, state, or federal law. Veterans and military spouses are highly encouraged to apply. We recognize and value the unique strengths of the military community in supporting our mission to serve those who have served. Candidates are subject to pre‑employment assessments, Motor Vehicle Record review, criminal background checks, references check, and a post‑offer drug screen. Crescent Electric is committed to the full inclusion of all qualified individuals. As part of this commitment, Crescent Electric will ensure that persons with disabilities are provided reasonable accommodations for the hiring process. If reasonable accommodation is needed, please contact [e-mail].

Culture

Family Owned. Culture of Quality. Opportunities to Advance. Crescent is transforming and we are on a mission to power the communities we serve through teamwork and relentless customer focus. We have a vision of uncompromising teamwork committed to becoming the industry leader for our employees, suppliers, and shareholders. At Crescent, you will have the opportunity to develop professionally, grow personally and have the flexibility to balance your life's priorities. Let's serve together. Let's power our communities together. Let's become THE industry leaders...together. Crescent Electric Supply Company is proudly an Equal Opportunity Employer. Crescent Electric does not discriminate on the basis of age, color, race, national origin, gender, religion, marital status, disability, veteran, military status, sexual identity or expression, sexual orientation, or any other basis prohibited by local, state, or federal law. Crescent Electric Careers Crescent Electric Supply Company is a nationwide leader in electrical supply distribution and solutions, helping to power and connect communities. We serve those to help keep the lights on, the power going and the data flowing. We are family‑owned with a family of brands that includes 140+ branch locations in 28 states, and a growing network of distribution centers. In addition to Crescent Electric, our customers are served by: Stoneway Electric in Washington and Idaho Interstate Electric Supply in Idaho and Oregon National Electric Supply in New Mexico Mesco Electrical Supply in Ohio Womack Electric Supply in Virginia and North Carolina Lowe Electric in Georgia and South Carolina At Crescent Electric, you will work with others who show respect and support for one another. We foster a culture where: We care about our teammates in the same way that we care about our customers. Career development is taken seriously - we strive to provide every team member with the opportunity to grow professionally. Leaders inspire, build trust and empower everyone to achieve their best. Join our team and let’s serve together, power our communities together and become the industry leader together.