Financial Analyst

Key Responsibilities

• Prepare and analyze financial reports, including monthly, quarterly, and annual financial statements, to identify trends, variances, and opportunities for improvement
• Aid in the development and maintenance of annual budgets and rolling forecasts, collaborating with department heads to align financial goals with operational plans
• Conduct detailed cost analysis for engineering, construction, and manufacturing projects, identifying cost-saving opportunities and ensuring project profitability
• Build and maintain financial models to support capital investment decisions, project evaluations, and long-term strategic planning
• Track and report key performance indicators (KPIs) related to financial and operational performance, providing actionable insights to senior management
• Perform variance analysis to compare actual performance against budgets and forecasts, providing explanations and recommendations to address discrepancies
• Support pricing and bid analysis by evaluating target margins, cost structures, and risk assumptions. Analyze margin trends by project type, customer, and business line
• Evaluate project financial performance, including cost overruns, revenue recognition, and profitability
• Identify and implement process improvements to enhance the efficiency and accuracy of financial reporting and analysis
• Ensure compliance with financial regulations, internal controls, and company policies. Assist in risk assessments and mitigation strategies
• Conduct special projects and ad-hoc financial analyses as requested by senior management to support strategic initiatives

Qualifications

• Education: Bachelor’s degree in Finance, Accounting, Economics, or a related field. MBA or CPA preferred
• Experience: 2-5 years of experience in financial analysis, preferably in engineering, construction, manufacturing, or related industries

Job Specific Competencies

• Technical Skills: Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUP, macros, etc.) and experience with financial software (e.g., Sage-Intacct, SAP, Oracle, or similar ERP systems). Knowledge of Power BI or other data visualization tools is a plus
• Analytical Skills: Strong analytical and problem-solving skills with the ability to interpret complex financial data and provide actionable insights
• Team Player: Ability to work collaboratively in a fast-paced environment, managing multiple priorities and deadlines
• Communication Skills: Excellent verbal and written communication skills, with the ability to present financial information clearly to non-financial stakeholders
• Industry Knowledge: Familiarity with engineering, construction, or manufacturing cost structures, project accounting, and revenue recognition principles is highly desirable
• Attention to Detail: High level of accuracy and attention to detail in financial reporting and analysis