Financial Analyst

About the role

The following description is not intended as an exhaustive list of all responsibilities, duties and skills required of personnel so classified. Management retains the discretion of adding or changing the duties of the position at any time.

Summary

Establish and lead budgeting and analysis processes for Ride Group with guidance from Director of Finance

Responsibilities

• Establish budgeting and analysis structure and processes utilizing Vena FP&A system; Design flows and templates for preparation of annual budget and quarterly forecast with roles and responsibilities of each of functions defined. Design process and templates to conduct period reviews of financial performance with upper management team.
• Lead annual budgeting process by coordinating among all related functions and departments to complete budget according to established content and timetable. Support functions to budget for the following (not limited to) areas:
• Sales plan
• Production and labor planning
• COGS (Cost of Goods Sold)
• Warranty Expense
• SG&A Expenses
• R&D Expenses
• Capex (Capital Expenditures)
• Working Capital and Financing
• To establish and maintain score card for financial performance of Ride Group by working with operations management team. Lead monthly financial reviews to address major performance discrepancies and issues for management to decide on corrective actions. Follow up to ensure actions are carried out and desired results are achieved.
• Perform industry analysis for Ride product lines and benchmark on some of the key financial indicators among competitors. Provide analysis to senior management as basis for strategic planning that will guide budgeting process.
• Perform ad hoc analysis as needed to support operations management.

Required Education and Experience

• Bachelor's degree or above in Finance, Accounting or related field.
• Three plus years of related work experience in FP&A functions and lead/participate in budgets preparation and variance analysis.
• Use or be familiar with FP&A systems and integration with ERP systems.
• Experience in SAP preferred but not required.
• Excellent analytical skills and well versed in Microsoft Office applications, especially Excel.
• Must be detailed oriented, attentive to accuracy, well organized, ability to multi-task workload.

Work Environment

• The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.
• The noise level in the work environment is usually loud.
• Regularly required to work near moving mechanical parts.
• Occasionally may work in high precarious places.

Travel

10% or less