Financial Planning & Analysis (FP&A) Analyst

Albany International; Salt Lake City (UT); On-site; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a detail-oriented Financial Planning & Analysis Analyst to join their Salt Lake City team. This role involves compiling and reporting financial performance, analyzing trends, and providing insights to drive strategic initiatives. The ideal candidate will have a strong background in finance or accounting, with proficiency in financial modeling and cash flow management. You will work collaboratively across teams, ensuring timely and accurate financial information while contributing to the overall success of the business. If you're ready to make a significant impact in a dynamic environment, this opportunity is for you.

Qualifications

• 4+ years of related experience in finance or accounting.
• Proficient in Microsoft Office, especially Excel for financial modeling.

Responsibilities

• Analyze financial performance and provide insights for strategic initiatives.
• Prepare monthly cash flow forecasts and monitor performance.

Skills

Analytical Skills

Problem Solving

Communication Skills

Financial Analysis

Cash Flow Management

Education

Bachelor’s Degree in Finance, Accounting, or related field

MBA

Tools

Microsoft Excel

Microsoft Word

Microsoft PowerPoint

Job description

Description

Albany Engineered Composites (AEC) designs, develops, and manufactures advanced composite components in order to help our customers push the frontiers of innovation. Our core strength is our ability to produce highly tailored, complex composite components. With our unique blend of products – including 3D woven structures, traditional and non-traditional 2D composite structures, and discrete through thickness reinforcement technologies, to name a few – AEC is able to produce composite components and products which meet performance and cost specifications often beyond the reach of metallic or conventional laminated composites.

Albany Engineered Composites (AEC) Salt Lake City is seeking a highly organized and detail-oriented analyst to join the team in the role of Financial Planning & Analysis (FP&A) Analyst for our growing business. The FP&A Analyst is responsible for compiling, evaluating, and reporting the SLC Business Unit’s financial performance; ensuring forecasts, financial information, analyses, and reports are timely, accurate, and informative.

Job Responsibilities

• Serve as primary contact for all AEC SLC FP&A activities, including regular reporting to AEC Segment and Albany Corporate
• Analyze financial performance, identify trends, and provide insights to drive strategic initiatives
• Maintain financial models that consolidate and analyze program forecasts and other financial deliverables
• Support identifying and reporting Risks and Opportunities to Sales, Operating Income and Free Cash Flow
• Team up with various cost center owners to develop overhead expense budgets and ensure performance within the budgets
• Forecast and monitor government overhead rates to ensure compliance with regulatory requirements and optimize financial performance
• Prepare the monthly cash flow forecast; monitor and analyze performance
• Help identify and drive working capital improvements
• Support the development of annual operating plans and strategic business plans
• Collaborate with cross-functional team members, connect with leadership in a timely manner, and clearly and effectively share information using oral and written communication skills
• Provide ad hoc assistance, analysis and reporting as required by management

Qualifications/Characteristics

• Bachelor’s Degree in Finance, Accounting, or related field. MBA preferred
• 4+ years related experience and/or training; or equivalent combination of education and experience. Aerospace & defense industry experience preferred
• Must be proficient in Microsoft Excel, Word and PowerPoint
• Ability to work independently and as a team member with minimal supervision
• Excellent analytical, problem solving, and communication skills
• Strong sense of commitment to meeting deadlines
• Experience with cash flow forecasting and management preferred
• Experience with forecasting and managing government overhead rates preferred
• Government contracting experience using actual costing/project systems is preferred

Working Conditions

Office environment, duties performed indoors, moderate to quiet noise and comfortable temperatures. Not substantially exposed to adverse environmental condition levels. Ability to be available as business situations require. Some may be able to do part of their work remotely. Travel may be required.