Sr Financial Analyst I

Deutsche Post; Westerville (OH); On-site; USD 85,000 - 150,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

Prescription coverage

Discounted Stock Purchase

General Bonus Plan

PTO

Job summary

DHL Supply Chain in the United States is seeking a Sr Financial Analyst I to provide financial and commercial oversight for a portfolio of remote operating sites, including month-end close, forecast and budgets, and ad hoc analysis. This role partners with operations, procurement, and engineering to improve financial performance.

You will lead site-level revenue controls, develop quarterly targets, review working capital, and support contract renewals and new business awards.

Qualifications

• Bachelor's degree in business, economics, finance or accounting.
• 5+ years experience in finance or accounting.
• 5+ years of Commercial Finance experience, required.
• Logistics industry experience, required.
• Advanced accounting knowledge: P&L and balance sheet.
• Effective communication skills; verbal & written.
• Ability to collaborate with stakeholders at all levels; team player.
• Advanced analytical skills; draw conclusions and make actionable recommendations.
• Ability to work with ambiguity to solve issues.

Responsibilities

• Review and approve remote sites month-end close.
• Develop monthly forecasts and annual budgets for assigned sites.
• Analyze financial performance and explain variances.
• Train and develop site managers in sound commercial and financial processes.
• Review working capital and assist in collections and customer credit.
• Develop site targets in support of the annual budget.
• Prepare monthly management reporting and consolidation reporting.
• Certify balance sheet reconciliations and ensure controls.
• Participate in interviewing OBAs at the site.
• Provide financial support for complex commercial proposals.
• Develop pricing scenarios for pursuit teams.
• Manage approval for contract renewals and new awards.
• Influence site financial and commercial risk decisions.
• Approve capital expenditures for new business.
• Collaborate with Purchasing, Real Estate, Contract Administration, and Operations.
• Identify opportunities to improve earnings and cash flow.
• Address billing and revenue issues commercially.
• Support strategy, prioritization, and resource allocation with executives.
• Lead cross-functional teams on strategy and cost initiatives.

Skills

Analytical skills

Effective communication

Independent work

Team player

Willingness to travel

Attention to detail

Education

Bachelor's degree in business, economics, finance or accounting

Tools

MS Office

Excel

PowerPoint

Job description

The Sr Financial Analyst I role has a national salary range of $85,000- $150,000.

DHL Supply Chain offers multiple benefits including Medical, Dental, Vision, Prescription, Discounted Stock Purchase, General Bonus Plan and a generous PTO policy.

Would you like to join the Logistics Company for the World? DHL Supply Chain is just that.

Become an essential part of everyday life, by contributing to an organization that is Connecting People and Improving Lives. If you have a passion for people, a desire to problem-solve, and eagerness to pursue continuous improvement opportunities… we look forward to exploring career possibilities with you!

Job Description

The purpose of this role is to operate independently to provide financial and commercial oversight to an increased complexity portfolio of remote operating sites governed by unique commercial agreements and varying complex customers. This includes month-end close support, profit and loss analysis, balance sheet approval, forecast and budget review, and completing ad hoc financial analysis to control expenses and aid in the improvement of financial performance. This position has daily interaction with operational sites and interacts with the Senior Operators, Accounting, Procurement, Business Development and Engineering departments.

Financial Oversight

• Review and approve remote sites month-end close
• Facilitate the development of monthly forecasts and annual budgets for assigned sites; approve site submissions and provide feedback
• Analyze the financial performance of assigned sites and provide explanation of significant variances in performance against budget and forecast.
• Train and develop of site managers in sound commercial and financial processes
• Review sites working capital position with a focus on outstanding accounts receivable and help resolve collection issues and monitor customer financial condition
• Develop and direct implementation of site targets in support of the business unit annual budget
• Complete the monthly management reporting to include the trading document, corporate consolidation reporting, new business reporting, corporate commentary, etc.
• Validate accounting controls and policies are applied appropriately
• Possess solid risk assessment techniques and understandings of Revenue streams and key controls to develop a control framework to prevent leakage
• Assist operations in developing tools for accurate billing of commercial components. Leverage tools to identify potential billing and revenue leakage issues
• Certify balance sheet reconciliations
• Participate in the interviewing and selection process of OBAs at the site

Commercial Support

• Provide financial support and analysis to Business Development and Operations teams in the development of complex commercial proposals
• Develop and present competitive pricing scenarios to the pursuit team considering capital investment and financial hurdles
• Prepare and manage approval process for all contract renewals and new business awards
• Actively influence ongoing decisions regarding site financial and commercial risks
• Review and approve capital expenditures for new business including financing method (buy vs. lease)
• Liaison with Purchasing, Real Estate, Contract Administration and Operating teams to ensure that commercial and financial risks and exposures are highlighted
• Apply control experience across portfolio of business to predict, avoid and protect current earnings, future forecasts, and growth strategies
• Address billing and revenue complex issues commercially
• Identify opportunities for improvement and drive implementation, specific to functional strategy
• Actively participate in developing strategy details and resource allocation to support implementation by partnering with executive teams; establish priorities, strategic growth direction and cost initiatives

Operational Support

• Drive site start-ups for billing, labor tracking, capex approval, start-up spend and operational site budgets
• Develop and monitor profit improvement plans for underperforming sites
• Identify opportunities for improvement of site financial performance and leverage over portfolio

People Management

• Provide financial direction to dotted-line reports (General Managers) and direct reports (analysts, if any) or indirect reports (OBAs) to effectively oversee a portfolio of remote sites governed by unique commercial agreements
• Build and maintain a positive relationship with your internal and external team
• Serve as an interface between site operations and other functional teams to ensure effective operational and commercial support
• Exchange a responsibility with a colleague to learn a new skill/process and serve as a peer coach to others
• Supervision/Oversight of a cross functional team or project, intern or seasonal associate, or other similar type of direct reporting relationship

Required Education and Experience

• Bachelor's Degree in business, economics, finance or accounting or equivalent 4 years work experience, required
• 5+ years experience within the finance or accounting industry, required
• 5+ years of Commercial Finance experience, required
• Logistics industry experience, required
• Public accounting experience, preferred
• Advanced accounting knowledge: P&L and balance sheet
• Effective communication skills; verbal & written
• Ability to collaborate with stakeholders at all levels; team player
• Understand, analyze and communicate key business driver to others
• Ability to work independently, take initiative and time management
• Advanced analytical skills; draw conclusions and make actionable recommendations
• Ability to work with ambiguity to solve issues
• Ability to drive change
• Strong attention to detail
• Advanced financial skillset; budgeting, forecasting and analysis
• Ability to influence business decisions with peers
• Effective project and time management
• Advanced PC skill proficiency in MS Office; excel and *PowerPoint
• Basic presentation skillset
• Basic contracts understanding
• Willingness to travel

Our Organization is an equal opportunity employer.