Financial Analyst, Senior

Lawson Products, Inc.; Chicago (IL); On-site; USD 85,000 - 102,000; Full time

Benefits offered by this job

401k

Vision insurance

Dental insurance

Medical benefits

Paid holidays

PTO

Job summary

Lawson Products, Inc. is seeking a Senior Financial Analyst to join our corporate FP&A team in Chicago. You will support the Director of Finance and the FP&A group in annual budgeting, strategic planning, monthly forecasts and the analysis of operating results.

You will build financial models, deliver reports, and partner with various functions to drive accuracy, opportunities and risk awareness. This role also supports treasury tasks and system stewardship in a fast-paced environment.

Qualifications

• Bachelor's degree in Finance, Accounting or relevant field.
• Five+ years of progressive experience in forecasting, reporting and analysis.
• Advanced Excel with VBA/macros, PowerPoint, and Access.
• Strong knowledge of SAP, BPC/EPM, and BPC reporting.
• Excellent communication and confidentiality.

Responsibilities

• Supports annual budget, monthly forecast, and strategic plan.
• Develops financial models for projects and investments.
• Leads regular financial reviews with management.
• Assists treasury with cash management and reconciliations.
• Prepares bank activity and capital expenditure reviews.

Skills

Analytical skills

Forecasting

Communication

Time management

Confidentiality

Education

Bachelor's degree in Finance or Accounting

Tools

SAP

BPC/EPM

Excel VBA

PowerPoint

Access

Job description

Since 1952, Lawson Products has worked hard to make our customers' jobs easier by improving their operational efficiency, productivity and overall performance. As a leader in the MRO industry, we partner with customers to make sure they have the right maintenance and repair parts on hand when needed.

We’re looking for a Sr. Financial Analyst that will serve as a key member in Lawson's Financial Planning & Analysis area, with high visibility to the senior leadership team. The primary responsibilities of this role are to support the Director of Finance and all members of the corporate FP&A team in the development and analysis of the annual budget, strategic plan, monthly forecasts, ad hoc projects and the monthly operating results reporting and analysis.

To succeed in this role, an ideal candidate will utilize relationship-building techniques and strong analytical skills to maintain current reporting and analytics, as well as develop new metrics as needed to support senior leadership, the Board of Directors and other groups. Additionally, this role assists the treasury area with various administrative, cash management, reconciling and reporting tasks.

Our corporate headquarters is located in Chicago, IL. We offer 401k plus vision, dental and medical benefits, as well as a paid holiday and PTO package.

Responsibilities:

FINANCIAL PLANNING & ANALYSIS

• Supports and facilitates the annual budget, monthly forecast preparation and strategic plan, as well as providing reporting and analysis of monthly operating results.
• Prepares analysis of budgets, operating plans, management reporting and projections.
• Partners with specified functions on accounting and finance related questions. This involves the ability to assess business needs, resolve risks, drive opportunities, and clearly communicate issues and business results.
• Develops financial models to determine the economic feasibility of proposed projects and investments.
• Serves as BPC administrator for system rights, access, hierarchies, and drivers.
• Develops, enhances and streamlines BPC, BI and other reports and scorecards.
• Partners with specified functions on accounting and finance related questions. This involves the ability to assess business needs, resolve risks, drive opportunities, and clearly communicate issues and business results.
• Assists in developing financial models to determine the economic feasibility of proposed projects and investments.
• Maintains, updates and creates formal documentation of department processes and tasks.
• Performs other ad-hoc financial analysis, as needed.
• Leads regular financial reviews with management, examining actual results compared to budgets and forecasts and forward-looking opportunities and risks.
• Supports the strategic acquisition initiative by identifying potential targets, performing initial due diligence and calculating the purchase price.
• Participates in the tracking, review and approval of capital, consulting and large expenditure requests.
• Develops refined analytical models and reports that convey key issues to management.
• Makes recommendations to management regarding cost-saving and profit-generating opportunities, as well as profitability improvement strategies.
• Analyzes the financial viability of proposed programs and measures actual results.
• Assists in strategic pricing decisions to support customer profitability goals.

TREASURY

• Serves as bank administrator for system rights and access.
• Prepares Daily Cash Position Report.
• Transacts wire and foreign exchange transactions.
• Assists other treasury department personnel with reporting, reconciling and cash management tasks.
• Manages the opening and closing of bank accounts and ongoing maintenance.
• Assists monthly bank reconciliation and accounting processes by preparing month end bank activity log.
• Makes recommendations to move funds as needed.
• Other duties as assigned.

Qualifications & Requirements:

• Bachelor's degree in Finance, Accounting or relevant field required, with five plus years’ progressively responsible experience in financial forecasting, reporting and analysis, or an equivalent combination of education and experience.
• Strong analytical and problem-solving abilities.
• Advanced Office skills: advanced Excel skills (including VBA/macro writing); strong PowerPoint skills, and advanced Access skills
• Strong working knowledge using financial systems, including SAP, BPC/EPM and BPC report writing.
• Excellent verbal and written communication skills, with the ability to interact comfortably with all levels of management.
• Highly organized, with the ability to multitask, prioritize and focus on the most critical tasks in a fast-paced environment.
• Demonstrates the highest level of confidentiality.

Our salary range for this role is $85,100 - $102,140 including a full benefits package.

Lawson Products is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities.