Senior Financial Analyst
Modine Manufacturing Company · Lexington, VA · 2 mo ago
HybridFinanceFull-time
Position Description
We are seeking an experienced financial analyst to join our team. This individual will function as a key strategic partner to the General Managers of our Aftersales and Service and Controls businesses, providing robust financial oversight and guidance. The ideal candidate will be a hands-on leader responsible for all aspects of financial planning and analysis. This high visibility role is critical for driving profitability, ensuring financial integrity, and supporting our continuous improvement culture in a high growth environment.
Key Responsibilities
- Financial Planning & Analysis
- Lead the monthly forecasting and annual planning functions, ensuring alignment with overall business objectives.
- Analyze financial results against prior forecasts and plans, providing clear, actionable insights to leadership.
- Oversee the compilation and timely submission of standardized financial and KPI reports, including the Monthly Business Review (MBR) package, monthly flash results, variance analyses, and daily dashboards.
- Communicate actual and forecasted financial results in clear business terms to various levels of management.
- Cost Accounting & Operational Finance
- Develop and implement creative, effective methods for tracking daily productivity and efficiency for a geographically dispersed team. Be able to answer the questions: “How did we do today?” and “Are we on track?”
- Calculate initiative performance across our segments (spare parts, commissioning, service, etc.) and review with the relevant leaders to drive improvements.
- Support accounting by monitoring service revenue milestones to ensure revenue recognition practices are consistent with GAAP.
- Lead initiatives to improve cash flow and working capital by aligning with Procurement and Sales teams to optimize DPO and DSO.
- Business Partnership & Continuous Improvement
- Serve as a key resource and financial advisor for the General Managers of the Aftersales and Controls businesses and other operational leaders.
- Collaborate closely with leadership team to establish financial standards, validate profitability, and drive operational efficiency.
- Drive business results by supporting and utilizing 80/20 disciplines and techniques.
- Support Finance leadership in the analysis and justification of significant investments, including large capital expenditures using ROI and payback analysis.
Required Education & Qualifications
- Required Qualifications:
- Bachelor’s Degree, preferably in Accounting or Finance
- Minimum of 3-5 years of financial experience in a service or manufacturing environment
- Strong skillsets in areas of financial analysis, forecasting, and driving business results.
- Hands-on system experience with an integrated ERP system and a global consolidation system
- Strong PC skills including Microsoft Excel, Word and PowerPoint
- Working knowledge of US GAAP
- Education Requirements:
- Bachelor’s Degree is required, preferably in Accounting or Finance.
- An MBA, CPA, or CMA certification is a significant plus.
Travel
Travel requirements are 5% to 15%, dependent on business needs and the timing of major initiatives.
Why Choose Modine?
- Health & Well-being:
- Day One
- Competitive health, dental & vision insurance coverage
- Employee Assistance Program
- After 90 days of continuous employment
- Maternity Leave (12 weeks at 100% pay)
- 8 weeks of short term disability leave paid at 100%
- 4 weeks of paid parental leave paid at 100%
- Paternity Leave (4 weeks at 100% pay)
- Financial Benefits:
- 401k Retirement plan and company paid match
- Life Insurance
- Health Savings Account (HSA) with employer contribution
- Flexible Spending Accounts (FSA)
- Short Term Disability (company paid)
- Long Term Disability
- Work-Life Balance:
- Competitive time-off policies
- Tuition Reimbursement
To view full benefits information:
MyModine Benefits