Financial Planning & Analysis Manager

Keystone Technologies Inc; Lansdale (Montgomery County); Hybrid; USD 70,000 - 110,000; Full time

Job summary

An established industry player is seeking a dynamic FP&A Manager to enhance financial performance through strategic analysis and reporting. This hybrid role involves overseeing budgeting, financial reporting, and variance analysis while collaborating with various departments. The successful candidate will leverage their expertise in financial modeling and data analysis to drive informed decision-making and optimize operations. Join a supportive team that values growth and innovation, contributing to a company with a rich history in the commercial lighting sector. This is an exciting opportunity to make a significant impact in a thriving organization.

Benefits

Medical Insurance

Dental Insurance

Vision Insurance

401k Plan with Company Match

Paid Time Off

Short-term Disability

Employer-paid Life Insurance

Philanthropic Opportunities

Qualifications

• 5+ years of experience in finance or accounting roles.
• Strong analytical mindset with proficiency in data analysis.
• Experience with business intelligence and reporting software.

Responsibilities

• Oversee financial reporting and budgeting activities.
• Analyze company performance and prepare financial statements.
• Support business decision-making with financial analysis.

Skills

Financial Analysis

Budgeting

Data Analysis

Strategic Thinking

Communication Skills

Problem-Solving

Education

Bachelor's degree in Business Administration

Bachelor's degree in Finance

Bachelor's degree in Accounting

Tools

Microsoft Excel

Power BI

Tableau

SAS/SQL

ERP Systems

Job description

*This is a hybrid position. Please do not apply unless you are local to our office in Lansdale, PA.*

The Opportunity:

The FP&A Manager will be responsible for overseeing Keystone’s financial reporting and budgeting activities. This position will develop financial models, analyze financial data, create financial reports, and develop and manage budgets. The FP&A Manager will also create variance analysis reports, lead real-time financial performance monitoring, and report to leadership on financial performance and critical financial ratios. The main goal of this position is to support optimizing our financial performance and provide financial support to make informed decisions.

Who we are:
Founded in 1945, Keystone Technologies is a third-generation, family-owned business headquartered in the Greater Philadelphia area. A national leader in the commercial and industrial lighting industry, Keystone reaches customers across the U.S. with its mission of "Light Made Easy." We are an engaged and collaborative team where individuals are supported to reach their full potential.

Keystone's core values:

Wow Customers

Grow Passionately

Do Right

Value People

What we offer:

Our benefits include medical, dental, vision, voluntary life insurance, employer-paid group life insurance, short-term disability, a 401k plan with company match, paid time off, and philanthropic opportunities.

Your Impact:

Analyze the company performance in all relevant areas including commercial activity, new product introduction, sourcing, transport, supply chain, all departmental / cost center activities

Report to executive and divisional leadership and key managers on the performance and relevant deviations and trends

Handle Yearly Budget and forecasting (financial and S&OP) and monitoring of progress

Support business decision making with financial analysis, including rebates, investments, new product introduction, RFQ/ savings analysis and tracking and other initiatives tracking

Support Financial closing with preparation of relevant closing entries

Prepare Financial Statements and Bank Covenant reporting

Work closely with various departments within the organization, gather and analyze relevant data, identify trends and opportunities for improvement, summarize finding and prepare adequate and concise reporting for management

Budget & Forecasting

Support business leaders, including department managers, with preparation of yearly budgets

Prepare company budget package for review and approval by Executive Committee

Preparation of monthly 13-week cash flow forecast

Financial Closing and Reporting

Support development and review of critical journal entries including reserves for slow moving inventory, bad debt, rebates, commissions

Preparation of monthly Financial Statements and quarterly Bank Covenant reporting

Preparation of monthly snapshots of financial results

Reporting and Review with Executive and Divisional Leadership and Departmental Leadership

Prepare monthly Executive Committee reporting and analysis

Prepare monthly Divisional Leadership reporting and analysis – including review with business leaders

Cost Center / Departmental reporting and review – including Marketing, HR, IT

Commercial Finance support

Develop monthly Commercial Analysis – driver analysis of price / volume / cost – identifying areas of improvement

Execute Recurring Profitability analysis – at customer, agency, sku level

Support commercial operations with Rebate design, follow up, issuance, booking and tracking

Other activities including Buyback analysis, Commission preparation and reporting

Sourcing performance

Develop deflation, optimal sourcing, and terms analysis for periodic review with sourcing team

New Product Introduction support

Support Evaluation of new products – including financial attractiveness and risks

Track roadmap of introductions, including pipeline potential, actual performance, and variance to expectations

Operations Support (including warehouse, transport, supply chain and production departments)

Preparation of Production financial performance reporting and review with leadership, including production P&L, labor efficiency

Preparation of Warehouse financial performance reporting

Preparation of Transport financial performance reporting and analysis with leadership

Support and Tracking of RFQ and other savings initiatives

Improve Expense Management

Travel and Living Expense monitoring including development of recurring reporting on FYLE activity

Support Accounting with exceptions review and management for AMEX / FYLE expenses

Improvement initiatives

Evaluate and implement FP&A software package

Roll out of Power BI tools or other visualization and analysis tools for effective delivery of financial information – in collaboration with our IT and Data Works teams

Identify cost savings opportunities and support teams to deliver on savings – e.g., banking fee, discounts approach, warehouse supplies

Develop required business processes for new business activities or ventures – e.g., Service, Commissioning and Audit business

What you bring:

Bachelor’s degree in business administration, finance, or accounting

5 years of experience in finance or accounting or business analysis roles

Background in supporting business operations with analysis and reporting

Strong critical and strategic thinking with an analytical mindset

Demonstrated ability to handle and analyze complex data for intelligent and actionable insights and outcomes

Experience in business intelligence and reporting software

Demonstrated knowledge of business principles such as cost-benefit analysis, operating costs, capital investments, risk management

High level of proficiency in Microsoft Excel skills, experienced manipulating data in Excel

Understanding of generally accepted accounting principles (GAAP)

Knowledge of advanced analytics tools like Power BI, Tableau or SAS/SQL databases

Familiarity with enterprise resource planning (ERP) systems

Excellent communication skills with ability to summarize complex topics into simple words

Effective presentation skills for executive and business leadership reviews

Track record of being a self-starter and strong independent contributor

Demonstrated ability to foster strong relationship for effective business partnering

Strong problem-solving skills and attention to detail

Ability to work in a collaborative, team-based environment

Please note that we do not accept unsolicited resumes from recruiters or employment agencies.