FP+A Analyst

$80,000 - $111,000/Yr

Creative Financial Staffing - Grand Rapids, MI

Full-time - Mid Level

Grand Rapids, MI

Administrative and Support Services

About the position

As an FP&A Analyst at our leading manufacturing organization in Grand Rapids, Michigan, you will be an integral part of our finance team, contributing to the financial success of the company. This role is designed for a highly skilled and motivated individual who is detail-oriented and analytical, with strong communication skills. You will be responsible for analyzing financial data, preparing reports, and providing valuable insights that drive informed decision-making across the organization. Your expertise in financial planning, forecasting, budgeting, and variance analysis will be essential in supporting strategic initiatives and enhancing business performance. In this position, you will collaborate with various departments to develop and maintain financial models, forecasts, and budgets that align with the organization's strategic goals. You will conduct comprehensive financial analysis, including variance analysis, trend analysis, and scenario modeling, to identify key drivers and trends impacting business performance. Additionally, you will prepare accurate and timely financial reports, management presentations, and ad-hoc analysis to support decision-making at all levels of the organization. You will also assist in the development and implementation of financial planning processes, ensuring accuracy, efficiency, and alignment with industry best practices. Monitoring key performance indicators (KPIs) will be part of your responsibilities, as you provide insights and recommendations for improvement to drive operational efficiency and profitability. Supporting the monthly, quarterly, and annual financial reporting processes will require your attention to compliance with accounting standards and regulatory requirements. Furthermore, you will collaborate with cross-functional teams to support strategic initiatives, including evaluating investment opportunities, cost optimization, and revenue enhancement. Conducting research and analysis on industry trends, competitors, and economic factors will provide valuable insights for strategic planning and decision-making. Staying updated on financial trends, tools, and best practices will enhance the organization's financial planning and analysis capabilities, making your role crucial to our ongoing success.

Responsibilities

• Collaborate with various departments to develop and maintain financial models, forecasts, and budgets that align with the organization's strategic goals.
• Conduct comprehensive financial analysis, including variance analysis, trend analysis, and scenario modeling, to identify key drivers and trends impacting business performance.
• Prepare accurate and timely financial reports, management presentations, and ad-hoc analysis to support decision-making at all levels of the organization.
• Assist in the development and implementation of financial planning processes, ensuring accuracy, efficiency, and alignment with industry best practices.
• Monitor key performance indicators (KPIs) and provide insights and recommendations for improvement to drive operational efficiency and profitability.
• Support the monthly, quarterly, and annual financial reporting processes, ensuring compliance with accounting standards and regulatory requirements.
• Collaborate with cross-functional teams to support strategic initiatives, including evaluating investment opportunities, cost optimization, and revenue enhancement.
• Conduct research and analysis on industry trends, competitors, and economic factors to provide valuable insights for strategic planning and decision-making.
• Assist in the development and enhancement of financial models and forecasting tools to improve accuracy and efficiency in financial planning and analysis.
• Stay updated on financial trends, tools, and best practices to enhance the organization's financial planning and analysis capabilities.

Requirements

• Bachelor's degree in finance, accounting, economics, or a related field.
• A master's degree or relevant certifications (CFA, CPA) are preferred.
• Proven experience as an FP&A Analyst or in a similar role within a manufacturing or related industry.
• Strong analytical skills with the ability to interpret complex financial data, perform quantitative analysis, and identify trends and insights.
• Proficiency in financial modeling, forecasting, and analysis.
• Experience with financial planning software and ERP systems is a plus.
• Advanced proficiency in Microsoft Excel and PowerPoint.
• Knowledge of data visualization tools (Tableau, Power BI) is advantageous.
• Excellent communication skills with the ability to effectively present financial information to stakeholders at various levels of the organization.
• Strong attention to detail and ability to work with large datasets while maintaining accuracy.
• Ability to work collaboratively in a team environment and manage multiple priorities and deadlines.
• Understanding of manufacturing processes, cost accounting, and inventory management is desirable.
• Knowledge of financial and accounting principles, including GAAP.

Nice-to-haves

• Experience with financial planning software and ERP systems is a plus.
• Knowledge of data visualization tools (Tableau, Power BI) is advantageous.
• Understanding of manufacturing processes, cost accounting, and inventory management is desirable.

Benefits

• Competitive compensation
• Comprehensive benefits
• Supportive work environment that promotes professional growth and development