Financial Analyst

Radiac Abrasives, A TYROLIT Company; Oswego Township (IL); On-site; USD 105,000 - 125,000; Full time

Benefits offered by this job

Medical Insurance

Dental Insurance

401(k) Plan with Company Match

Paid Time Off

Job summary

A leading manufacturing firm based in Oswego, Illinois is seeking a Financial Analyst to join their team. The role involves financial forecasting, budgeting, and providing analytical support to senior management. Candidates should hold a Bachelor's degree in Accounting or Finance, with at least 2 years of relevant experience. Advanced Excel skills and experience with SAP are preferred. The position offers a salary ranging from $105,000 to $125,000 annually and excellent benefits including health insurance and a 401(k).

Qualifications

• Bachelor's Degree in Accounting or Finance required.
• Minimum of 2 years experience in Financial Planning and Analysis.
• Advanced skills in Microsoft Excel and PowerPoint necessary.

Responsibilities

• Assist with financial forecasts and annual budgeting processes.
• Analyze key performance indicators including revenue, costs, and expenses.
• Develop financial models and analyses to support strategic initiatives.

Skills

Financial Planning and Analysis

Microsoft Excel

Microsoft PowerPoint

Analytical skills

Communication skills

Education

Bachelor's Degree in Accounting or Finance

Tools

SAP

Business Warehouse

Job description

Radiac Abrasives, Inc., a leading manufacturer of conventional bonded and super abrasives is looking for a Financial Analyst to join our Oswego team. For more than 100 years, Radiac has delivered industry leading technology and quality products and service to the metal finishing industry. Radiac is a TYROLIT Company that is owned by the Swarovski Group which is headquartered in Schwaz, Austria.

We offer competitive wages and excellent insurance benefits including Medical, Prescription, Dental, Vision, Short and Long Term Disability, Life and Accidental Death and Dismemberment, Health Savings Account, Flexible Spending Account, Accident, Critical Illness and Cancer Insurance plus a 401(k) retirement savings plan with company match after 30 days of employment. Additionally employees are eligible for PTO/Sick Pay and holiday pay. Bonus plans are based on company performance and prorated based on position start date.

This on-site role is based at our Oswego, Illinois Corporate Headquarters with an annual salary range for this position of $105,000 to $125,000.

Basic Function:

The Financial Analyst is responsible to assist with the Company’s financial forecast, annual budgeting process, operating plan variance analysis and special projects. The person will provide financial information and support to senior management including preparing board presentations, financial presentations, capital expenditure analysis, industry/peer group comparisons, and other projects requested by senior management. This function acts as the analytical engine of the company to provide insights and support ‘optimal’ business decision making.

Position Responsibilities:

• Analyze current and past trends in key performance indicators including all areas of revenue, cost of sales, expenses and capital expenditures
• Monitor performance indicators, highlighting trends and analyzing causes of unexpected variance
• Assist with the continued development of Budgeting, Financial Forecasting, Operating Plan and Modeling tools
• Ad-Hoc Reporting and Analysis
• Monthly and Quarterly Financial reports
• Implement and work with a Business Intelligence Tool and Dashboard reports, experience in SAP and Business Warehouse a plus
• Improve performance by evaluating processes to drive efficiencies and understand ROI in marketing programs, menu pricing, new store rollouts as well as new projects
• Develop financial models and analyses to support strategic initiatives
• Analyze complex financial information and reports to provide accurate and timely financial recommendations to management for decision making purposes
• Supporting Senior Management Team and Departments heads with in-depth analysis
• Support all areas of the business including sales, operations and finance
• All other work as assigned by manager

Qualifications:

• Bachelor's Degree in Accounting or Finance
• 2+ years’ experience in Financial Planning and Analysis
• Experience in multi-plant preferred
• Advanced Microsoft Excel and PowerPoint skills.
• Highest standards of accuracy and precision; highly organized
• Articulate with excellent verbal and written communication skills
• Ability to think creatively, highly-driven and self motivated
• Demonstrated ability to roll-up sleeves and work with team members in a hands-on management
• This position operates in both an office and manufacturing plant environment and may require periodic presence on the production floor during inventory or operational reviews.

Physical Requirements

• Prolonged periods of sitting at a desk and working on a computer.
• Ability to use hands and fingers to operate standard office equipment.
• Must be able to read and analyze detailed information on a computer screen.
• Occasionally required to stand, walk, and lift up to 15 pounds.
• Must be able to perform the essential functions of the position with or without reasonable accommodation.