Financial Analyst I

GNCO, Inc.; Brooklyn Heights (OH); On-site; USD 55,000 - 75,000; Full time

Job summary

GNCO, Inc. is seeking a Financial Analyst I to support treasury activities, monitor cash flows, and manage floorplan financing for inventory. The role collaborates with Accounting, Inventory, Sales, and external banking partners to maintain liquidity and accuracy.

Responsibilities include daily cash reporting, payment processing, bank reconciliations, and short-term cash forecasting. This is an entry-level position ideal for candidates with 1–3 years in finance and strong Excel skills.

Qualifications

• Bachelor's degree in Finance, Accounting, Business, or a related field.
• 1-3 years of experience in finance, accounting, treasury, or banking.
• Working proficiency in Excel (lookups, pivot tables, formulas).
• Clear written and verbal communication skills.

Responsibilities

• Prepare daily cash position reports across company bank accounts and operating companies.
• Manage day-to-day payment activity including wires, ACH, and other electronic payments with approval controls.
• Monitor bank accounts daily for receipts, payments, unusual activity, and potential fraud; follow up on exceptions the same day.
• Confirm sufficient funding for scheduled payment runs and coordinate with Finance Manager on cash needs.
• Assist with monthly bank reconciliations and provide bank activity detail; help research reconciling items.
• Assist with short-term cash forecasting and weekly liquidity reporting.
• Reconcile floorplan lender statements to inventory subledger and GL; verify financed units with invoices and funding records.
• Track curtailments, payoffs, and maturity dates; confirm timely payments and escalate issues.
• Review floorplan interest, fees, and credits against lender agreements; prepare aging and exposure reports.
• Support lender audits and physical inventory checks.
• Resolve discrepancies with banks, lenders, Inventory, Sales, and Accounting; maintain audit-ready workpapers.

Skills

Excel skills

Financial analysis

Attention to detail

Communication skills

Education

Bachelor's degree in Finance/Accounting/Business

Tools

Microsoft Dynamics 365 Business Central

Online banking platforms

Job description

Reports To: Finance Manager

JOB SUMMARY

GNCO Inc. is a National Material Handling company. Our Finance team keeps the business liquid, accurate, and audit-ready, and plays a direct role in the decisions that drive our growth. We foster a culture where employees are empowered to take ownership, continuously learn, and work together to drive meaningful impact.The Financial Analyst I supports day-to-day treasury activity, including cash transactions and ongoing cash and bank monitoring, and manages inventory floorplan financing. This early-career role tracks cash and payments, spots exceptions early, and reports on liquidity and floorplan exposure to management. The analyst reports to the Finance Manager and works closely with Accounting, Inventory, Sales, and external banking and lending partners.

ESSENTIAL FUNCTIONS

Treasury

• Prepare the daily cash position report across company bank accounts and operating companies
• Manage day-to-day payment activity, including preparing, processing, and verifying wires, ACH, and other electronic payments in line with approval controls
• Monitor bank accounts daily for incoming receipts, cleared payments, unusual activity, returned items, and potential fraud, and follow up on exceptions the same day
• Confirm sufficient funding for scheduled payment runs and coordinate with Accounting and the Finance Manager on timing and cash needs
• Assist Accounting with monthly bank reconciliations by providing bank activity detail and helping research and clear reconciling items
• Assist with short-term cash forecasting and weekly liquidity reporting

Floorplan

• Reconcile floorplan lender statements to the inventory subledger and general ledger
• Verify each financed unit is supported by an invoice, serial number, and funding record
• Track curtailments, payoffs, and maturity dates, and confirm payments are made on time
• Confirm sold units are paid off within the required timeframe, and escalte potential sold-out-of-trust exceptions immediately
• Review floorplan interest, fees, and credits against lender agreements
• Prepare floorplan aging, exposure, and availability reports for management
• Support lender audits and physical inventory checks

General

• Resolve discrepancies with banks, lenders, Inventory, Sales, and Accounting
• Keep clear, audit-ready workpapers and support documentation
• Identify opportunities to improve reconciliation accuracy and efficiency through process, automation, or Excel improvements

POSITION QUALIFICATIONS

EDUCATION

• Bachelor's degree in Finance, Accounting, Business, or a related field (or equivalent experience)

EXPERIENCE

• 1-3 years of experience in finance, accounting, treasury, or banking
• Working proficiency in Excel (lookups, pivot tables, formulas)
• Strong attention to detail with the ability to find and explain variances
• Clear written and verbal communication skills

ADDITIONAL REQUIREMENTS

Familiarity with floorplan or inventory financing and lender relationship

Experience with an ERP or accounting system such as Microsoft Dynamics 365 Business Central and online banking platforms

Understanding of general ledger and reconciliation principles

Our company provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.