JOB PURPOSE/SUMMARY:
Responsible for contributing to the growth, return expectation and overall objectives of the company and its subsidiaries by actively assisting the finance department in providing review and oversight of the financial planning & analysis functions of Young Brothers. This position will be responsible for budgeting, variance reporting, performance analysis and financial modeling. Strong financial analysis skills combined with knowledge of GAAP as well as operational experience will be key to the success of the person in this role. Excellent technical ability and attention to detail are crucial job skills for the position. Strong oral and written communication skills as well as interpersonal skills are necessary to maintain positive relationships through the organization.
ESSENTIAL FUNCTIONS:
- Preparation of Monthly accruals, Annual Budget, Forecast and Long-Term Capital Plan
- Collaborate and effectively communicate with the business partners across the organization to review their actuals to budgeted expenses.
- Responsible for preparing the budget to actual reports and variance analyses
- Works throughout the Operations to provide financial analysis support, forecasting, reporting and financial dashboards (e.g. labor, revenue, etc)
- Responsible for a capital expenditure plan for all assets and 10, 20 and 30-year long-range capital expenditure forecast
- Maintains and balances subsidiary accounts by verifying, allocating, posting, and reconciling transactions and resolving discrepancies.
- Manage offshore staff accountants to support department goals and initiatives.
- Support finance policies and prepare corresponding documentation.
Financial Support
- Responsible for providing decision support analysis
- Point person for financial/accounting issues.
Financial Analysis and Internal Reporting
- Works closely with management on pricing support for projects and reviews of actual results vs. proforma or planned results.
- Works closely throughout the organization on analysis and review of projects, existing business activities, and new business opportunities.
- Supports the organization in the development, preparation and distribution of KPI Reporting and analysis.
- Drives development reporting and analysis.
Financial Planning and Control
- Helps manage the preparation of the annual company and budgets, to include:
- Prepares and executes a project management plan for each year’s budgeting effort.
- Supports the development and maintenance of systems and financial models necessary for the creation and documentation of the annual budget and business plan.
- Collaborates with the leadership teams to create detailed bottoms-up, department level sales and expense budgets and capital expenditure plans.
- Researches and explains variances to base years and budget assumptions.
- Oversees the integration of each year’s plan into the financial reporting system of the respective companies.
- Analyzes the actual interim results versus expected plan and communicates variance drivers.
- Modifies and refines plan model to adjust for reported variances to minimize future variances.
- Collects input from leadership team at improving plan model to meet informational as well as accuracy expectations.
- Long Range Planning — assumes responsibility for building and maintaining detailed long range plans for the business based on input from senior management.
- Creates models based on forecast levels of operation.
- Incorporates the ability for a multitude of cases and assumptions.
- Compiles, documents, and explains assumptions.
- Performs special duties and other projects as assigned.
- Adheres to all company policies.
- Accomplishes all tasks as appropriately assigned or requested.
Skills and Abilities:
- Excellent written and oral communication and interpersonal skills are needed. Must be able to communicate financial concepts and reports to non-financial managers.
- Strong management accounting skills.
- Ability to meet deadlines with work that is accurate and well thought out.
- Ability to organize and prioritize projects in a hectic environment.
- Ability to work independently but keep the appropriate managers well informed.
- Ability to learn new concepts quickly and apply this knowledge to job responsibilities.
- Proficient in excel
education, Experience, and Licensing Requirements:
- 5 years’ experience in accounting/finance
- Experience with accounting, financial analysis, and planning
Young Brothers, Limited is an Equal Opportunity – Affirmative Action Employer and a VEVRAA Federal Contractor. We are committed to a diverse workforce and taking affirmative action to employ and advance in employment qualified women, minorities, individuals with disabilities and protected veterans. Young Brothers, Limited is a drug-free employer and a participant of the E-Verify Employment Verification Program.