Financial Analyst

Job Description

Financial Analyst | Venteon

The Tone:
This is a full-time role at a large distribution company, a client of Venteon, located in the Metro Detroit area. The organization specializes in significant distribution operations, managing complex logistics and supply chains. This role is crucial for supporting the company’s financial analysis, strategic planning, and comprehensive operational reporting processes. The Financial Analyst provides essential insights derived from financial data to identify potential business risks and capitalize on emerging opportunities, thereby ensuring robust financial management and supporting informed decision-making across multiple business units.

The TL;DR
• Role: Early Career
• Location: In-person, Detroit, MI
• Team: Supports multiple business units; collaborates closely with operations partners.
• Mission: Ensures accurate financial reporting, budgeting, and analysis to identify business risks and opportunities.
• Tech Stack: Microsoft Excel (Pivot Tables, Vlookup, SUMIF), large ERP system

What You’ll Actually Do
• Financial Reporting Support: Provide key support for the month-end close process, which includes the meticulous analysis and preparation of monthly financial statements for various business units. This involves ensuring accuracy and adherence to financial guidelines.
• Budgeting and Forecasting: Actively assist in the comprehensive preparation of the annual budget cycle. This role also involves the responsibility of updating financial forecasts on a monthly basis, or more frequently as business needs dictate, to reflect current operational realities.
• Business Unit Collaboration & Analysis: Work in close partnership with Business Unit teams to proactively identify and thoroughly address both financial risks and potential growth opportunities. This collaboration ensures alignment between financial objectives and operational strategies.
• Operational Performance Analysis: Systematically maintain and execute detailed analysis on production spending and efficiency metrics. This includes performing crucial comparisons of actual spending and efficiency rates against pre-established plans and budgets to highlight variances and performance trends.

The Must-Haves
• Background: Possess a Bachelor’s degree in Finance, Accounting, Business, or a closely related field. Candidates must demonstrate a strong academic and practical foundation in core financial analysis principles and strategic financial planning methodologies.
• Experience: A minimum of 2 to 5 years of progressive finance experience is required, specifically gained within a mid-sized or large corporate company environment, dealing with complex financial data and processes.
• Skills: Expert-level proficiency in Microsoft Excel is mandatory, including advanced application of critical functions such as Pivot Tables, Vlookup, and SUMIF formulas. Additionally, candidates should possess a working knowledge of a large Enterprise Resource Planning (ERP) system, essential for navigating company financial data.