Financial Management Trainee

Graybar; Sterling (IL); On-site; USD 3,182,000 - 4,532,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Vision benefits

Prescription drug coverage

Life Insurance

Flexible Spending Accounts

Disability benefits

Profit sharing

401(k) match

Paid vacation

Paid holidays

Wellness day

Volunteer time off

Educational reimbursement

Career development

Job summary

Graybar offers a Financial Management Trainee program designed to prepare high-potential candidates for future Financial Management positions. Trainees will gain expertise in credit management, collections, financial analysis, construction risk management, and business operations.

The program includes on-the-job training plus formal learning opportunities and cross-department exposure. It emphasizes development of communication, negotiation, and relationship management skills with customers,

Qualifications

• High School Diploma or GED required.
• Bachelor’s degree in Finance, Economics, Business Administration, Management, or related field preferred.
• Strong analytical, conceptual, and problem-solving abilities.
• Strong planning, organizational, and time management skills with the ability to prioritize and manage multiple responsibilities.

Responsibilities

• Complete training on financial management practices and apply learning to daily responsibilities, including collections management and portfolio administration.
• Obtain credit information, financial statements, and data to evaluate customer creditworthiness.
• Learn and apply National Credit Standard (NCS) and Credit Financial Analysis (CFA) models to support decisions.
• Assist with customer credit evaluations and approved credits as delegated.
• Support collection efforts through customer contact, account reviews, and payment follow-up.

Skills

Analytical thinking

Time management

Communication skills

Leadership potential

Independent work

Relationship management

Excel proficiency

Education

Bachelor’s degree in Finance or related field

Tools

Microsoft Excel

Credit analysis tools

Job description

Make a difference.

The Financial Management Trainee program is designed to prepare high-potential candidates for future Financial Management positions within the company. Through a combination of on-the-job training and formal learning opportunities, trainees will develop expertise in credit management, collections, financial analysis, construction risk management, and business operations.

In this role you will:

• Complete training on financialmanagementbest practices and apply learning to daily responsibilities, including collections management, key performance metrics, and overall administration of the accounts receivable portfolio.
• Obtain credit information, financial statements, reports, and other relevant data to evaluate customer creditworthiness.
• Learn and apply the National Credit Standard (NCS) and Credit Financial Analysis (CFA) models to support sound credit decisions.
• Assistin customer credit evaluations and credit approvals as delegated.
• Assistwith the review, maintenance, and administration of customer credit files and credit card programs.
• Support collection efforts through customer contact, correspondence, account reviews, and payment follow-up activities.
• Handle routine customer communications, including phone calls, emails, and written correspondence.
• Secure and review project-related information, including notices, contracts, lien rights documentation, bond information, and other credit protection tools.
• Develop an understanding of construction project risk management, contract review, lien rights, bond claims, and other financial risk mitigation practices.
• Assistwithaccount analysis and interpretation of key business metrics.
• Develop professional communication, negotiation, and relationship management skills through interactions with customers, sales teams, suppliers, and company leadership.
• Partner with branch and regional leadership teams to gain an understanding of operational and financial decision-making.
• Cross-trainwith other departments to gain exposure to various business functions and develop a broad understanding of company operations.
• Become familiar with branch, district, andcorporateorganizational structures and management responsibilities.
• Participate in special projects and complete assignments within established deadlines.

What you bring to the table:

• High School Diploma or GED required.
• Bachelor’s degree in Finance, Economics, Business Administration, Management, ora relatedfield preferred.
• Strong analytical, conceptual, and problem-solving abilities.
• Strong planning, organizational, and time management skills with the ability to prioritize and manage multiple responsibilities.
• Effective written and verbal communication skills.
• Ability to work effectively with customers, suppliers, vendors, and internal business partners.
• Demonstrated leadership potential through academic, professional, volunteer, or extracurricular activities.
• Ability to work independently while contributing effectively within a team environment.
• Valid Driver’s License;some travel isrequired.
• Willingness torelocatefor future career advancement opportunities
• Internship or professional experience in finance, banking, credit, construction, or business operations.
• Experience reviewing and analyzing financial statements or business data.
• Proficiencyin Microsoft Excel, including formulas, pivot tables, lookups, and basic data analysis techniques.
• Knowledge of finance, commercial law, construction credit practices, or business administration.
• Interest in leadership development and long-term career growth withinfinancial management.

Shift and Hours:

Monday - Friday, 8:00am - 5:00pm.

Compensation Details:

The expected starting rate of pay for this position is $28.00 per hour, depending on experience.

The Value of Graybar:

At Graybar, we are known for our comprehensive benefits and our employee stock ownership plan! Most regular, full-time employees at Graybar may be eligible for a variety of benefits like:

• Multiple plan options for Medical, Dental, Vision, and Prescription Drug benefits.
• Life Insurance coverage for you and options for your family.
• Save on expenses with Flexible Spending Accounts.
• Enjoy our Disability Benefits at no cost to you.
• Share in our success with P rofit Sharing Plans.
• 401(k) Savings Plan with company match to help secure your future.
• Paid Vacation & Sick Days to spend time away from work or in case of an illness.
• Rest and recharge during our Paid Holidays throughout the year.
• Take advantage of our Paid Wellness Day to focus on preventive care and prioritize your health.
• Volunteer with Community Time Off to give back to the community.
• Predictable Work Schedules to plan your life: no weekends or nights for most roles.
• Celebrate your and others’ achievements with our Employee Recognition Program.
• Reach your career goals with our Educational Reimbursement and Career Development Programs.
• And More Perks that support your well-being and career growth.

Benefit eligibility may vary across locations and roles, so be sure to check in with your recruiter for more information.

Why should you join Graybar?

At Graybar, our employees are the heart and soul of our company. We believe that employees with diverse perspectives bring the ideas and innovative thinking we need to solve our biggest challenges and compete in an ever-changing world. Consistent with our values, we welcome people from all backgrounds, cultures and experiences into our company because we believe it’s the right thing to do and the right way to run our business.

We want each of our employees to know that they matter and to feel a sense of belonging, ownership and inclusion at Graybar. We believe that everyone should be treated with dignity and respect, and we work to build a collaborative environment where our employees have the opportunity to grow, learn and make a difference, both as individuals and as part of the team.

That’s what our employee ownership culture is all about: working as one team and moving forward together, while honoring the unique value each person brings to our company.

Equal Opportunity Employer/Vet/Disabled