Financial Planning Analyst

This position is not open to recruiters or staffing agencies.

This is not a remote position. Hybrid schedule available after training (3 days onsite/2 days remote)

LBX Company LLC, maker of Link-Belt excavators, forestry, demolition, and scrap/material handling equipment, has an immediate opening for an Entry Level (FPA Experience) Financial Planning Analystin our Accounting Department.

Position Summary:

Responsible for analysis of financial information and ensuring the financial records of the company are maintained in a complete and accurate manner. Primary responsibilities include reviewing, reporting and analysis of monthly financial results, year-end audit activities, J-Sox Compliance, and preparation of budgets, including board meeting review materials.

In addition, this position partners with other functions outside of Accounting to identify opportunities and risks as well as develop plans to improve financial results and implement process improvements. This is a supporting position to the Financial Planning & Analysis Supervisor, Corporate Controller, and other departments.

Essential Functions:

30% - Budgeting & Forecasting

• Support the Financial Planning & Analysis Supervisor in the development of the annual budget and forecast process.
• Manage the parts gross margin forecasting process. This includes setting deadlines, creating budget templates, ensuring templates are completed accurately & completely, and facilitating consensus between relevant departments.
• Create content to be used for internal LBX review presentations.
• Coordinate in the completion of the board meeting presentations and ensuring alignment with business review presentations.
• Ensure responsible areas of budgeting and forecasting are performed accurately and timely. Key assumptions and targets are clearly communicated and presented.
• Assist the Financial Planning & Analysis Supervisor in identifying LBX risk and opportunities. Escalate risk and opportunity concerns as needed to the Corporate Controller.

30% - Actual vs Budget Analysis

• Analyze actual results to budget and forecast & understand key drivers and impacts.
• Manage the analysis of product support profitability, including parts gross margin, warranty, policy & campaigns.
• Prepare and conduct comprehensive presentations at monthly Parts Operations Review meetings, effectively communicating financial insights and analysis to relevant cross-functional parties.
• Collaborate with cross-functional departments in developing appropriate financial processes for measuring and evaluating key business metrics and actual performance.
• Support LBX management decision making by providing understanding of business drivers and key business metrics vs expectations.

30% - Other Financial Analysis

• Perform quarterly standard warranty reserve analysis and year-end extended warranty reserve analysis.
• Serves as a subject matter expert and provides support to the Financial Planning & Analysis Supervisor, Corporate Controller and the Chief Financial Officer as requested.
• Develop and maintain reporting tools and processes so that the reporting is accurate, efficient, and aligned with company goals & objectives.
• Complete financial audits as needed.
• Educate other departments within the company to understand the financial impacts of their activities in achieving company objectives.
• Challenge all areas of the organization for continuous improvement of financial results.

10% Miscellaneous Tasks

• Perform special studies as requested.
• Assist FP&A Supervisor in keeping departmental policies & procedures updated and followed.

Knowledge, Skills, and Abilities:

• Highly organized and able to complete simultaneous deadline-oriented projects.
• Ability to communicate complex financial information effectively to non-financial audiences.
• Able to understand and interpret financial information.

Minimum Qualifications:

• Four (4) year undergraduate degree in Business Administration, Accounting, Finance, Economics or related field.
• Two (2) years of work-related experience as Financial Analyst or equivalent position.
• Strong interpersonal skills; able to work effectively with both internal and external personnel.
• Strong analytical capabilities.
• Strong computer skills including spreadsheets, databases, accounting systems and Microsoft Office is required. Knowledge of SQL, Tableau, Jet Reporting, Power BI, or other reporting software is a plus.
• Strong written and verbal communication skills.

Supervisory Responsibilities:

• None, but leadership is required.

Success Factors:

• Embody our company core values: Be Genuine, Be Agile, Bleed Link-Belt Red
• Ability to pinpoint pertinent data and provide varying levels of analysis and detail depending on the audience.
• Process focused and results oriented; able to adjust priorities in order to be in-line with company’s initiatives.
• Change oriented; constantly looking to improve areas of responsibility and add to the overall effectiveness of the company.
• Self-motivated, able to identify potential problems, determine alternative courses of action and implement change.

Travel Expectations:

• This role can expect to travel up to 5%, both domestically and internationally, including overnight and potentially weekend.

Working Conditions:

• This position requires spending time in a seated position while working at a computer station for extended periods of time. Work also requires standing, walking, bending, reaching, hearing, talking and lifting (up to 50 pounds). Reasonable accommodations may be made to enable individuals with disabilities to perform the essential job functions.

General Disclaimer:

This job description is based on the work being performed by the person in this role. Employee may be asked to perform other duties as assigned. This job description is subject to change at any time.

Job Type: Full-time

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Tuition reimbursement
• Vision insurance

Schedule:

• Monday to Friday

Education:

• Bachelor's (Preferred)

Experience:

• Financial analysis: 2 years (Preferred)

Work Location: Hybrid remote in Lexington, KY 40511