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    Financial Analyst - Chicago, United States - Lawson Products

    Lawson Products
    Lawson Products Chicago, United States

    1 week ago

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    Description
    Since 1952, Lawson Products has worked hard to make our customers' jobs easier by improving their operational efficiency, productivity and overall performance. As a leader in the MRO industry, we partner with customers to make sure they have the right maintenance and repair parts on hand when needed. We're looking for a Sr. Financial Analyst that will serve as a key member in Lawson's Financial Planning & Analysis area, with high visibility to the senior leadership team. The primary responsibilities of this role are to support the Director of Finance and all members of the corporate FP&A team in the development and analysis of the annual budget, strategic plan, monthly forecasts, ad hoc projects and the monthly operating results reporting and analysis. To succeed in this role, an ideal candidate will utilize relationship-building techniques and strong analytical skills to maintain current reporting and analytics, as well as develop new metrics as needed to support senior leadership, the Board of Directors and other groups. Additionally, this role assists the treasury area with various administrative, cash management, reconciling and reporting tasks.Our corporate headquarters is located in Chicago, IL. We offer 401k plus vision, dental and medical benefits, as well as a paid holiday and PTO package. Responsibilities: FINANCIAL PLANNING & ANALYSIS
  • Assists with the annual budget, monthly forecast preparation and strategic plan, as well as providing reporting and analysis of monthly operating results.
  • Prepares analysis of budgets, operating plans, management reporting and projections.
  • Serves as BPC administrator for system rights, access, hierarchies, and drivers.
  • Develops, enhances and streamlines BPC, BI and other reports and scorecards.
  • Partners with specified functions on accounting and finance related questions. This involves the ability to assess business needs, resolve risks, drive opportunities, and clearly communicate issues and business results.
  • Assists in developing financial models to determine the economic feasibility of proposed projects and investments.
  • Maintains, updates and creates formal documentation of department processes and tasks.
  • Performs other ad-hoc financial analysis, as needed.
  • Leads regular financial reviews with management, examining actual results compared to budgets and forecasts and forward-looking opportunities and risks.
  • Supports the strategic acquisition initiative by identifying potential targets, performing initial due diligence and calculating the purchase price.
  • Participates in the tracking, review and approval of capital, consulting and large expenditure requests.
  • Develops refined analytical models and reports that convey key issues to management.
  • Makes recommendations to management regarding cost-saving and profit-generating opportunities, as well as profitability improvement strategies.
  • Analyzes the financial viability of proposed programs and measures actual results.
  • Assists in strategic pricing decisions to support customer profitability goals.
    • TREASURY
  • Serves as bank administrator for system rights and access.
  • Prepares Daily Cash Position Report.
  • Transacts wire and foreign exchange transactions.
  • Assists other treasury department personnel with reporting, reconciling and cash management tasks.
  • Manages the opening and closing of bank accounts and ongoing maintenance.
  • Assists monthly bank reconciliation and accounting processes by preparing month end bank activity log.
  • Makes recommendations to move funds as needed.
  • Other duties as assigned.
    • Qualifications & Requirements:
  • Bachelor's degree in Finance, Accounting or relevant field required, with five plus years' progressively responsible experience in financial forecasting, reporting and analysis, or an equivalent combination of education and experience.
  • Strong analytical and problem-solving abilities.
  • Advanced Office skills: advanced Excel skills (including VBA/macro writing); strong PowerPoint skills, and advanced Access skills
  • Strong working knowledge using financial systems, including SAP, BPC/EPM and BPC report writing.
  • Excellent verbal and written communication skills, with the ability to interact comfortably with all levels of management.
  • Highly organized, with the ability to multitask, prioritize and focus on the most critical tasks in a fast-paced environment.
  • Demonstrates the highest level of confidentiality.
    • Lawson Products is an Equal Opportunity Employer of women, minorities, protected veterans and individuals with disabilities.
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