What are the responsibilities and job description for the Financial Planning Analyst position at Cool Gear International?
Since 2000, Cool Gear has brought a vibrant approach to the hydration category through leading innovation and a whole lot of style. We stand apart from the crowd by making ordinary water bottles and tumblers look extraordinary and delivering a new wave of design that you’ve never seen before. Cool Gear’s talented designers have over 20 years of experience making the everyday a little more colorful and creating unique hydration solutions that reflect current trends. We’re known for our exclusive trend-driven graphics that make it easy for you to show off your personal style while doing what you love! So, cheers to staying hydrated in style and cheers to you! In 2021, Cool Gear was acquired by Dometic Brands and now there is the opportunity to Globally grow both brands together.
We are on a journey of continuous growth – now looking for our next star – a passionate Financial Planning Analyst.
This role
You will be involved in financial research and analyze costs for projects and departments. Additionally, you will perform system data maintenance, and determine, summarize & advise customer/item profitability margins.
Responsibilities include quotations for all Cool Gear Brand hydration products. Opportunity for cross-functional exposure, working with costing, sourcing and sales members to generate accurate, competitive price quotes and strengthen overall product margins based on company and customer requirements. Collaborate with the sales team and supply chain to improve productivity and efficiency by providing analysis and reporting that identify strategic savings opportunities and highlight trends requiring action.
Essential Job Duties and Responsibilities:
- Maintain up-to-date cost information for all items across all factories.
- Prioritize quote requests, maintain the Quote Request (QR) log, and track all quoting activity.
- Prepare timely and accurate responses to Price Quotation requests from project managers and sales team.
- Ensure all costs are captured in customer quotations, including allowances, plate fees, heat transfer fees, display costs, MOQs, color changes, enhancements, labeling, testing, etc. Review and analyze all new item costs and ensure they are in line with existing item costs.
- Report analysis information to upper management and key stakeholders.
- Maintain price lists, specifications, item numbers, UPC’s, material information, product description master lists.
- Create all item numbers, UPC’s, etc. and update relevant systems and master lists accordingly.
- Manage data synchronization processes (e.g., 1Sync).
- Review and approve all factories pricing on Purchase Orders.
- Monitor monthly shipping costs and ensure new processes we put in place to minimize shipping costs are followed. Collaborate with UPS to secure increased incentives for international shipments.
- Generate the weekly sales report and update the Sales Forecast report accordingly.
- Manage all data uploads into Oracle.
- Create, organize and manage access to all quoting and costing folders in SharePoint
- Work with Sales Team to build a sales plan for budgeting, in addition to forecasting in-fiscal year changes.
- Prepare and analyze sales and margin reports.
- Conduct P&L analysis by customer and division, highlighting key topline and expense variance drivers
- Assist in onboarding and training of new staff as needed.
- Complete special projects and tasks assigned.
- Develop and maintain procedural documentation.
What do we offer?
- Medical
- Dental
- Vision
- Life Insurance
- Short term & Long-term disability
- Accidental death insurance
- Supplemental life insurance
- Company paid holidays
- Flexible Spending Accounts
Minimum Requirements and Qualifications
A suitable background would be a solid experience within the following qualifications and experiences:
- Bachelor’s degree in accounting, Finance, Business or equivalent work experience.
- Solid understanding of cost accounting principles.
- Strong attention to detail with proven analytical capabilities.
- Expert Excel user; skilled with Microsoft Office Products.
- Proven ability to prioritize tasks and manage multiple objectives.
- Effective planning and organizational skills.
To be successful in this role, we believe that you possess the following skills, competencies & characteristics:
- Accurate and timely financial variance analytic capability.
- Proficiency in analyzing manufacturing and distribution costs Strong troubleshooting and root cause analysis skills.
- A sense of urgency and a collaborative, team-oriented focus.
- Ability to manage multiple tasks and shifting priorities in a fast-paced environment
- Strong support skills for cross-functional teams. Ability to support a team of people.
- Excellent analytical thinking with the ability to identify key drivers and performance metrics.
- Clear communication skills, both verbal and written, with the ability to present and explain data effectively.
And of course – our Core Values
To thrive and succeed in this role, you understand the importance of our core values – Together We build our future, We play to win, We embrace change and We Walk the talk; these values reflect the heart and soul of Dometic and they define what it takes to work here and how we do things.
Are you our next star? Then we would love to see your application.
Dometic is passionate about building together an inclusive and equitable working environment, that respects individual strengths, views, and experiences. We believe that diversity enables us to thrive across our differences. Be yourself and join us!
Cool Gear offers equal opportunities for everyone. Equal opportunities mean that all employees shall be treated according to their abilities and qualifications in every employment decision, including but not limited to hiring, advancement, compensation benefits, training, lay-offs and termination. Any form of discrimination or harassment against employees due to personal factors, such as gender, ethnicity, skin color, age, sexual orientation, religion, nationality, disability and pregnancy or employees with family responsibilities is prohibited.
All applicants must be at least 18 years old and legally authorized to work in the United States on a permanent basis.
Cool Gear supports and respects the protection of internationally proclaimed human rights. We do not tolerate child labor or any form of modern slavery, including forced, bonded or compulsory labor, physical or psychological punishment or human trafficking.