Sr. Financial Analyst
Global Industrialabout 1 year ago
Port Washington, New York, United States
On-site
Full-time
Junior Level (1-3 years)
Job Description
Position Overview
Global Industrial has been an industry leader for over 70 years, providing private label and brand name industrial equipment and supplies to businesses throughout North America. With over one million industrial, material handling, and business products available through its website, corporate sales team, and full color catalogs, Global Industrial continuously expands its offerings to meet the diverse and changing needs of its customers, including small to large corporations, institutions, government agencies, and consumers.
Key Responsibilities
- Maintain a reporting cadence with business partners to guarantee reporting is accurate, complete, and timely.
- Assist the Sr. Director of Finance and CFO in leading the annual Budget and Forecasting process with a focus on continuous improvement.
- Build, implement, and maintain financial models and tools to support critical initiatives and business decisions that align with corporate strategy.
- Communicate significant variances, trends, and financial projections effectively to management.
- Analyze financial data and trend data to create or support financial models, forecasts, operating budgets, and various reports.
- Conduct regular meetings with business partners to report findings on current spend and variances to budget.
- Perform cost analysis on vendor contracts, pricing strategies, and product margins to support business decisions.
- Create financial models and ad-hoc analyses to support business priorities and strategic initiatives.
- Work closely with the Manager of Data for the Finance team to create and maintain Power BI dashboards.
Required Qualifications
- Required Education: Bachelor's Degree.
- Experience in financial analysis, preferably in the wholesale, retail, or distribution industries.
- Field of study: Finance, Accounting, Business, or a related field.
- Strong presentation skills and ability to communicate with senior leaders.
- Excellent verbal and written communication skills; ability to summarize detailed information concisely.
- Experience with financial modeling and proficiency in Excel.
- Work experience: 3 - 5 years.
Preferred Qualifications
- Strong quantitative and analytical competency.
- Familiarity with ERP systems (e.g., SAP, Power BI, Bex, Oracle) and financial reporting tools.
- Excellent analytical and data gathering skills, including data validation techniques across large data sets.
- Comfortable in a fast-paced environment with frequent deadlines; high energy, self-motivated, and proactive.
- Proficiency in Microsoft Office Suite, especially Excel.
- Excellent attention to detail and organizational skills.
- Strong collaboration skills and the ability to work effectively both independently and as part of a team.
- Excellent communication and interpersonal skills.
Benefits & Perks
- Compensation: $80,000 to $96,000 annually. The exact pay will be determined by multiple factors including years of experience, certifications, and job location. Rates may vary based on regional labor costs.
Required Skills
Cost Analysis
Budgeting
Reporting
Financial Modeling
Excel
Power BI
Data Analysis
Forecasting
Financial Analysis
Vendor Analysis