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DMA Industries LLC
Loris, SC | Full Time
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DMA Industries LLC
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DMA Industries LLC
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Financial Analyst
$62k-76k (estimate)
Full Time 2 Months Ago
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DMA Industries LLC is Hiring a Financial Analyst Near Loris, SC

Description

SUMMARY:

The Financial Analyst for DMA focuses on financial modeling and analysis to support strategic decision-making to assist in the company’s continued growth and profitability.

POSITION OVERVIEW:

Budgeting, Modeling, & Reforecasting:

  • Assist in developing detailed budgets and financial models, incorporating insights from inventory, sales, and cost projections.
  • Proactively update and reforecast models to reflect changes in market conditions, sales trends, or business decisions.
  • Present financial analysis and recommendations to management in a clear and concise manner.

Import Cost Management:

  • Track and analyze shipping costs, tariffs, foreign exchange rates, and other factors influencing import expenses.
  • Identify cost-saving opportunities through supplier negotiations, shipping optimization, or alternative sourcing strategies.

Customer Contribution Margin Optimization:

  • Analyze customer profitability, sales patterns, and pricing structures to pinpoint high-margin opportunities.
  • Identify and address factors impacting contribution margins across different customer segments.
  • Model potential changes in pricing or sales strategies to evaluate their financial impact.

Cash Optimization & Debt Management:

  • Manage and monitor cash flow to ensure sufficient working capital and optimize debt paydown.
  • Forecast cash needs, analyze debt obligations, and model scenarios to support cash flow planning.

Inventory Control & Optimization:

  • Analyze inventory turnover, holding costs, and stock levels to identify areas for efficiency improvement.
  • Develop inventory management strategies to balance stock availability and minimize overstocking.
  • Collaborate with purchasing and operations teams to streamline the inventory management process.

Requirements

EDUCATION & EXPERIENCE:

  • Bachelor's degree in Finance, Accounting, Economics, or a related field.
  • 2 years of experience in financial analysis, preferably in a goods-based industry (import/export, manufacturing or distribution a plus).
  • Advanced proficiency in Excel (modeling, pivot tables, financial functions).
  • NetSuite experience a plus
  • Experience with financial modeling or business intelligence tools.
  • Strong analytical skills and an aptitude for problem-solving.
  • Attention to detail and ability to work with complex datasets.
  • Excellent communication and collaboration skills.

KEY COMPETENCIES:

  • Smart, energetic self-starter with ability to work independently and prioritize tasks.
  • Strong time management and organizational skills
  • Good problem solving/critical thinking ability.
  • High degree of attention to detail
  • Positive attitude

Founded in 2008, DMA Sales is the trusted supplier to the North American Automotive Parts Aftermarket, serving the OES, big box retail, wholesale, and e-retail sales channels. DMA’s growth can be attributed to its proven ability to deliver high-quality, cost-effective product lines that address identified customer market needs.

DMA is headquartered in Loris, South Carolina with East and West Coast distribution facilities, covering over 1 million sq. ft. DMA is known for a dynamic, performance-driven work culture that embodies the entrepreneurial spirit. Hard work, collaboration with our partners, and an unwavering standard of ethics are the values which propel the company’s success. DMA is Built on Passion, let us put our passion to work for you!

Language Skills: Ability to read and write in English. Ability to effectively articulate and present information and respond to questions from Management and employees in a professional manner.

Physical Demands and Work Environment: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations within ADA guidelines that do not cause Company excessive expenditure(s) may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to have manual dexterity and written, verbal & auditory skills. The employee is regularly required to stand, walk and sit during the workday. The employee is occasionally required to lift and/or move up to 50 pounds. Any additional weight to be lifted should only be accomplished with assistance. Specific vision abilities required by this job are close vision and distance vision. The employee is expected to handle occasional high stress projects/situations as needed due to work to be accomplished, deadlines to meet, etc. Employee must be able to accommodate the requirement of public transportation of any type, in role, to get to/from employment/other offices in a timely manner, as scheduled. The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the daily work environment is usually moderate and could possibly change during the business day.

Job descriptions are used for informational purposes only, are not to be considered all-inclusive of responsibilities within a position and may change periodically with or without notice. In addition, we reserve the right to add, delete, change duties, formally or informally, verbally or in writing, at any time for any position. Job descriptions does not alter the “at-well” policy of the Company meaning that the Employee or the Company can separate employment at any time, for any reason, with or without cause. The provisions in the job description do not constitute a “contract of employment” with Employee or anyone else for any fixed period of time, either expressly or by implication. The Company subscribes to the tenets of Federal laws, Regulations and Executive Orders and the laws of the States and Municipalities in which we conduct business regarding Equal Employment Opportunity. We are committed to hiring and developing the most qualified people from the available work force in the communities we serve. It is our policy in all personnel actions, including recruiting, hiring, training, promoting, and compensating, to ensure that Employee and potential Employees are evaluated on the basis of qualifications and ability, without regard to race, color, religion, creed, gender, national origin, age, disability, service in the United States Armed Forces, veteran status or any other legally protected characteristic. We recognize that our workforce and clientele are comprised of a diverse blend of people with different backgrounds and perspectives and we value and promote diversity.

Job Summary

JOB TYPE

Full Time

SALARY

$62k-76k (estimate)

POST DATE

04/25/2024

EXPIRATION DATE

06/24/2024

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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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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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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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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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