Financial Analyst

Company: LHH Recruitment Solutions
Location: Irving
Posted on: May 23, 2023

Job Description:

LHH is looking for a Financial Analyst for one of our clients!

Job Summary: The Financial Analyst will play a crucial role in supporting the financial operations of the automotive industry by providing financial analysis, reporting, and insights. The ideal candidate will possess relevant accounting skills and have a minimum of 1 year of experience in related fields, preferably in the automotive industry. The Financial Analyst will work closely with cross-functional teams, including finance, operations, and management, to analyze financial data, provide recommendations, and support strategic decision-making. The position offers a competitive salary range of $60,000 to $75,000, along with a comprehensive benefits package including 401k, health, dental, and vision.

Responsibilities:

• Financial Analysis: Conduct financial analysis, interpret financial data, and provide insights and recommendations to support strategic decision-making. Analyze financial statements, financial metrics, and key performance indicators (KPIs) to identify trends, variances, and opportunities for improvement.
• Budgeting and Forecasting: Assist in the preparation of budgets and forecasts, including analyzing costs, revenues, and profitability. Collaborate with cross-functional teams to gather financial inputs, update forecasts, and ensure accuracy of financial projections.
• Financial Reporting: Prepare and analyze financial reports, including monthly, quarterly, and annual financial statements. Ensure accuracy and integrity of financial data and provide regular updates to management and other stakeholders.
• Cost Analysis: Analyze and monitor costs, expenses, and profitability for the automotive industry, including materials, labor, overhead, and other costs. Identify cost-saving opportunities and provide recommendations for cost optimization.
• Financial Modeling: Develop and maintain financial models to support financial analysis, scenario planning, and decision-making. Evaluate financial impacts of business initiatives, investment opportunities, and strategic projects.
• Variance Analysis: Analyze and explain variances between actual financial results and budget/forecast, including identifying root causes and recommending corrective actions. Collaborate with cross-functional teams to resolve variances and ensure financial targets are met.
• Data Analysis: Collect, analyze, and interpret financial and operational data to identify trends, patterns, and insights. Provide data-driven recommendations to improve financial performance and operational efficiency.
• Industry Research: Stay updated with industry trends, regulations, and best practices in the automotive industry. Provide insights and recommendations to management on potential impacts on financial performance.
• Ad-hoc Projects: Support ad-hoc financial projects as assigned by management, including financial analysis, process improvements, and special financial reporting.
  Qualifications:
  
• Bachelor's degree in Accounting, Finance, or related field.
• Minimum of 1 year of experience in accounting, finance, or related fields, preferably in the automotive industry.
• Strong understanding of accounting principles and financial analysis.
• Knowledge of automotive industry financials, including key cost drivers, pricing, and revenue recognition.
• Proficient in Microsoft Office Suite, particularly Excel.
• Experience with financial modeling and analysis tools.
• Excellent analytical, problem-solving, and attention to detail skills.
• Strong communication and interpersonal skills.
• Ability to work independently and meet deadlines.
• CPA or CMA certification preferred but not required.
  Compensation and Benefits:
  
• Competitive salary range of $60,000 to $75,000, commensurate with experience.
• Comprehensive benefits package including 401k, health, dental, and vision.
• Opportunities for professional development and growth.
• Positive work environment with supportive team members.
• Paid time off and other perks.
  Note: This job description is not intended to be all-inclusive. The Financial Analyst may be required to perform other duties as assigned by management, as needed in the automotive industry context.
  
  Equal Opportunity Employer/Veterans/Disabled
  
  To read our Candidate Privacy Information Statement, which explains how we will use your information, please navigate to https://www.lhh.com/us/en/candidate-privacy
  
  The Company will consider qualified applicants with arrest and conviction records

Keywords: LHH Recruitment Solutions, Irving , Financial Analyst, Professions , Irving, Texas