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Financial Analyst
$77k-94k (estimate)
Full Time 1 Month Ago
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Air Control Products is Hiring a Financial Analyst Near Cleveland, OH

Job Title: Financial Analyst
Job Status: Salary, exempt
Reports to: CFO

Job Summary
The Financial Analyst position plays a critical role in our company’s financial management and analysis. Responsibilities include overseeing various accounting aspects, conducting financial analysis, and managing data to ensure accuracy, compliance, and efficiency. The ideal candidate will possess a strong background in accounting principles, financial analysis, and data analytics, with a keen attention to detail, and the ability to excel in a fast-paced environment.

Essential Functions
Data and Analytics – Business Intelligence (BI):

  • Utilize BI tools to analyze financial data and generate insights.
  • Develop reports and dashboards to support decision-making processes.
  • Identify trends, patterns, and opportunities for improvement.

Project Accuracy Management:

  • Ensure accuracy of financial data related to projects, including headers, lines, and closing entries.
  • Implement controls to maintain data integrity and accuracy.

Inventory Price Levels & Cost Management:

  • Analyze inventory pricing and cost structures.
  • Develop strategies to optimize inventory pricing and cost management.

Financial Accounting Support:

  • Assist the Controller in month-end closing activities, including journal entries and reconciliations.
  • Ensure accuracy and completeness of financial statements and reports under the guidance of the Controller.
  • Collaborate with the Controller and cross-functional teams to resolve discrepancies and variances.

Credit Management:

  • Evaluate the creditworthiness of new customers and assess credit risk.
  • Monitor and manage credit limits for existing customers.
  • Develop and implement credit policies and procedures.

Tax Exempt Management:

  • Manage tax-exempt status for customers and projects.
  • Collaborate with Accounts Receivable (AR) Specialist to streamline tax exemption processes.

Lien Management:

  • Oversee lien management processes, including JIS (Joint Inspection System), NOC (Notice of Commencement), and NOF (Notice of Furnishing).
  • Coordinate lien management activities with relevant stakeholders.
  • All other duties as assigned.

Competencies or Experience Requirements

  • 3 years of experience in accounting, financial analysis, or related field.
  • Strong understanding of accounting principles and financial concepts.
  • Proficiency in Microsoft Excel and experience with financial software systems.
  • Excellent analytical skills with the ability to interpret complex data.
  • Strong communication and interpersonal skills.
  • Ability to work independently and collaboratively in a team environment.
  • Attention to detail and accuracy in all work activities.

Physical Requirements

  • Ability to operate a computer and other productive office equipment.
  • Ability to lift, squat, stand, kneel and bend without assistance.
  • Must be able to communicate professionally and effectively.

Education Requirements

Bachelor’s Degree in Accounting, Finance, or a related field. CPA or CFA certification preferred.

Travel

No travel expected for this position.

Additional Considerations

Air Control Product’s culture and core values are part of what makes the company successful and a great place to work. Air Control Products is a rapidly growing company where flexibility is essential as we grow and develop. The successful candidate must be comfortable in a fast-paced work environment with many critical deadlines.

Disclaimer

The above statements are intended to describe the general nature and level of work being performed. They are not to be construed as an exhaustive list of all responsibilities, duties and skills required. All team members may be required to perform duties outside of their normal responsibilities from time to time, as needed.

Job Summary

JOB TYPE

Full Time

SALARY

$77k-94k (estimate)

POST DATE

03/05/2024

EXPIRATION DATE

05/04/2024

WEBSITE

noiceracing.com

SIZE

<25

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The job skills required for Financial Analyst include Analysis, Accounting, Financial Analysis, Financial Statements, Microsoft Excel, Attention to Detail, etc. Having related job skills and expertise will give you an advantage when applying to be a Financial Analyst. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Financial Analyst. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Financial Analyst positions, which can be used as a reference in future career path planning. As a Financial Analyst, it can be promoted into senior positions as a Financial Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Analyst. You can explore the career advancement for a Financial Analyst below and select your interested title to get hiring information.

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If you are interested in becoming a Financial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Financial Analyst job description and responsibilities

Broadly speaking, a financial analyst works with financial data to help organizations make business decisions.

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Build financial models to perform financial forecasts, predict business scenarios, and provide other data analysis to help make business decisions.

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Every financial analyst’s job will hold different responsibilities depending on their specialty and where they work.

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They often develop and execute complex methodologies that enable them to generate useful pointers from the financial data and problem statements that their clients provide.

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Financial analysts who have little to no professional experience are responsible for gathering data, financial modeling and creating or maintaining spreadsheets.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Financial Analyst jobs

To become a senior or junior level financial analyst, one may be required to earn a Master’s of Business Administration.

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Obtaining a finance degree (bachelor’s or MBA) and working towards becoming a financial analyst requires the development of skills, expertise, and specific abilities.

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To be a financial analyst, one should be good with numbers, comfortable presenting research, analytical, and have great ability to research large amounts of data and pay attention to small details.

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Earning a finance degree and taking the steps to become a financial analyst requires specific abilities and the development of specialized skills.

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With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.

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Step 3: View the best colleges and universities for Financial Analyst.

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