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Financial Analyst
Penske Dearborn, MI
$69k-85k (estimate)
Other | Consumer Services 2 Months Ago
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Penske is Hiring a Financial Analyst Near Dearborn, MI

Position Summary:

Provides analysis and metrics for Finance core processes and is responsible for knowledge of all systems to support at our field operations locations. Position will provide critical accounting and analytical support for various processes as well as provide additional support to other functional areas to achieve results.

Major Responsibilities:

Sales Finance

• Articulate the value proposition to the field and to our customers by identifying the critical metrics that should be measured to determine Penske's performance.

Operations Finance

• Effectively plan and forecast business results.

• Effectively analyze and interpret financial results compare to the proforma or business plan by understanding the relationship it has to P&L and the impact from scope and volume changes and inefficiencies

Financial Decision Making

• Lead and direct the process for identifying, specifying and developing innovative financial strategies using PMT and LEAN principles in order to determine the optimum financial solution between leasing and buying

• Other Projects as assigned

(Travel is 15% for this role - It is a Hybrid schedule 3 days in office)

Qualifications:

• 1-3 years of experience as an Analyst

• Bachelor's degree in Finance / Accounting required

• Regular, predictable, full attendance is an essential function of the job

• Willingness to travel as necessary, work the required schedule, work at the specific location required,

complete Penske employment application, submit to a background investigation (to include past employment, education, and criminal history) and drug screening are required.

Physical Requirements:

  • The physical and mental demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

  • The associate will be required to: read; communicate verbally and/or in written form; remember and analyze certain information; and remember and understand certain instructions or guidelines.

  • While performing the duties of this job, the associate may be required to stand, walk, and sit. The associate is frequently required to use hands to touch, handle, and feel, and to reach with hands and arms. The associate must be able to occasionally lift and/or move up to 25lbs/12kg.

  • Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus.

Penske is an Equal Opportunity Employer.

Job Category: Finance/Accounting

Job Family: Finance

Address: 15301 Mercantile Drive

Primary Location: US-MI-Dearborn

Employer: Penske Logistics LLC

Req ID: 2403539

Job Summary

JOB TYPE

Other

INDUSTRY

Consumer Services

SALARY

$69k-85k (estimate)

POST DATE

03/31/2024

EXPIRATION DATE

05/29/2024

WEBSITE

penske.com

HEADQUARTERS

FORT WALTON BEACH, FL

SIZE

25 - 50

FOUNDED

2018

CEO

SONNI SANFORD

REVENUE

<$5M

INDUSTRY

Consumer Services

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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.

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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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