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STOW
Holland, MI | Full Time
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Financial Analyst
STOW Holland, MI
$59k-73k (estimate)
Full Time | Durable Manufacturing 6 Months Ago
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STOW is Hiring a Financial Analyst Near Holland, MI

The Stow Company is currently seeking qualified candidates for a Financial Analyst position located at our Holland, MI office location. We are the country’s premier source for custom closets and organizational solutions; designed, custom-cut, and shipped directly to our clients.

Primary Purpose of Position:

This role partners with multiple cross-functional operations support team members both at our corporate and plant locations - utilizing their analyst expertise specific to manufacturing. The ideal candidate is data driven and can not only analyze information, but effectively communicate their findings to others, while proactively highlighting areas of improvement. This role will perform daily general ledger accounting, financial reporting, and analysis, and be a key contributor to planning and forecast cycles. In this highly visible role, you will interact with key members of management, and support critical projects. This is a great opportunity for a motivated individual looking to learn all aspects of a growing company, make an impact and develop the skills necessary to take on a larger role.

Analyst (Shared Service)

  • Key contributor to support monthly re-forecasts, and support annual budget, which includes in-depth analysis required to support methodologies used.
  • Conducts scenario analysis and sensitivity testing to assess potential impacts on the business.
  • Supports management decision making and achievement of organizational goals via preparation of financial and operational analysis. Areas of analysis can include revenues, expenses, manufacturing performance, profitability, cash flow, among other things.
  • Requires use of problem solving, critical thinking, communication, business acumen, a learning mindset, and curiosity to analyze queried data, conduct data storytelling and reporting, and data modeling using various tools like, SQL Database, Adaptive, Excel, M2k, and SAP.
  • Use of strong research skills to stay ahead of current trends and methodologies in management accounting and reporting, with the ability to then recommend and implement relevant accounting changes that are compliant with GAAP.
  • Execute value-added analysis and modeling for special projects and initiatives, as well as lead continuous improvement initiatives. Example, Streamline Balance Sheet Reconciliation process focusing on accuracy, timeliness, and ability to audit thoroughly.

Cost (Holland Location)

  • Responsible for analysis for all freight carriers for the Holland/Nampa locations and completion of the monthly accruals.
  • Work closely with operations and respective support teams to analyze production costs. Clearly explaining variances and opportunities for improvement.

General (Shared Service)

  • Review and investigate accounting transactions to improve data accuracy.
  • Execute month-end, quarter-end, and year-end closing process ensuring timely, accurate results complete with monitoring of performance indicators, highlighting trends and analyzing causes of unexpected variance.
  • Ensure balance sheet account reconciliations are completed in a timely manner, fully supported, and follow GAAP.
  • Support annual audit engagements by completing, reviewing, and submitting auditor requests as well as support of annual audited financial statements and tax requirements
  • Assists in implementation of ERP system and/or other software as needs arise.
  • Ensures GAAP is incorporated into the management of the business.
  • Ensures appropriate internal controls are in place.
  • Lives Company values daily
  • Poses no direct threat to the health or safety of themselves, of others, or to property. Defined as a significant risk of substantial harm that cannot be eliminated or reduced to an acceptable level by reasonable accommodation.
  • Requires regular attendance to perform essential elements as contained herein between the assigned start and end times for work.
  • Establishes and maintains effective work relationships within the department, the Company, and the community; and maintains the professional competence, knowledge, and skill necessary for the satisfactory performance of all assigned responsibilities.

BASIC QUALIFICATIONS:

Education & Experience:

  • Bachelor’s degree in accounting or finance
  • 3 years’ experience in manufacturing

Certifications/Licenses/Registrations:

  • N/A

Knowledge/Skills/Abilities:

  • Must have strong technical and analytical skills with solid cost accounting background
  • Ability to analyze large volume of financial data and prepare analysis, financial reports, statements, and projections with strong attention to detail within aggressive deadlines
  • Demonstrated ability to make solid, objective, ethical decisions
  • Continuous improvement mindset with focus on elimination of non-value-add activities
  • Able to maintain strict confidence in financial sensitive information and demonstrate a high level of integrity
  • Must have excellent customer service skills, including strong written and verbal communication skills
  • Must have the ability to interface with all levels of personnel in an office and a manufacturing environment
  • Ability to take the initiative and work well independently with little supervision, and as part of a team

PHYSICAL REQUIREMENTS & WORK ENVIRONMENT:

  • Sitting at workstation approximately 80% percent of work time
  • Standing and walking approximately 20% percent of work time
  • Typical office environment with shelves overhead and above work surfaces
  • Manufacturing environment with multiple machinery and moving parts
  • Office environment at headquarters and manufacturing plant
  • Position is located on-site
  • Ability to work overtime or occasionally on weekends

Job Summary

JOB TYPE

Full Time

INDUSTRY

Durable Manufacturing

SALARY

$59k-73k (estimate)

POST DATE

11/04/2023

EXPIRATION DATE

04/30/2024

WEBSITE

thestowcompany.com

HEADQUARTERS

HOLLAND, MI

SIZE

100 - 200

FOUNDED

2010

CEO

FRANK NEWMAN

REVENUE

$50M - $200M

INDUSTRY

Durable Manufacturing

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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.

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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