What are the responsibilities and job description for the Financial Analyst position at LaMotte Company?
Job Title: Financial Analyst
Location: Newark, DE (Fully Onsite)
Reports To: Controller
Status: Exempt
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Position Summary
The Financial Analyst is responsible for providing analytical support, financial reporting, and forecasting to help drive business performance. In addition to core analytical duties, this role will also manage the full cycle of Accounts Payable (AP) invoice processing, ensuring accurate and timely payment of vendor obligations. This hybrid role is ideal for candidates with strong analytical abilities who are also highly detail-oriented in transactional accounting.
Qualifications/Job Requirement
A bachelor’s degree in accounting or finance is required with 1 to 2 years of relevant work experience. The candidate must have attention to detail with proficient Excel skills. The successful candidate will be a fast learner with the ability to multitask and work under pressure to meet required deadlines. In addition, the candidate will have good judgment, analytical skills, and problem-solving skills with the ability to work effectively in a team environment as well as independently on assigned projects without the need for close supervision. Must be ethical, professional, and confidential
Duties and Responsibilities:
Financial Analysis & Report
- Analyze financial results and variances; prepare monthly and quarterly management reports.
- Support budgeting and forecasting processes, including consolidations and scenario modeling.
- Build and maintain financial models to support business planning and decision-making.
- Provide insights into trends in revenue, costs, margins, and operational KPIs.
- Partner with operational leaders to interpret data, develop recommendations, and track performance against goals.
- Assist with month-end close activities, including journal entries, accruals, and account reconciliations.
- Prepare ad-hoc analyses supporting strategic projects, capital investments, and cost optimization.
Accounts Payable Processing
- Receive, review, code, and process AP invoices in accordance with company policies.
- Ensure proper approvals and resolve discrepancies with vendors or internal departments.
- Maintain vendor records, W-9 information, and payment terms.
- Monitor the AP aging report and support cash flow planning.
- Respond to vendor inquiries in a timely and professional manner.
- Assist with 1099 year-end reporting and audit requests.
- Improve AP workflows and support automation initiatives.
Work Environment/Physical Demands: Works indoors in a temperature-controlled environment. Position requires walking, standing, sitting, and transporting up to 40 lbs. Requires good judgment, good problem-solving, communication, computer skills, and multi-tasking in a fast-paced environment.
About Us:
LaMotte Company, a 100 year-old global industry leader in developing and manufacturing premier water analysis solutions, operating in Newark, DE; Chestertown, MD; and Warwick, UK. Our products are used around the world to accurately, quickly, and conveniently test water in a multitude of applications.
LaMotte offers paid time off including vacation, sick leave, and paid holidays. Full-time employees, who regularly work at least 30 hours per week, are eligible for employer-provided insurance including health, dental, vision, disability, life insurance, and supplemental insurance. Full-time employees are eligible to contribute to our 401(k) plan with an employer match available.
LaMotte is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of race, color, religion, creed, national origin or ancestry, sex, age, disability, military status, genetic information, sexual orientation, or any other legally recognized protected basis under federal, state, or local laws.