Financial Planning & Analysis - Analyst

Company Generac Power Systems

Name Financial Planning & Analysis - Analyst

Req # 64962

Employment Type Full Time

Shift 1st

A career at Generac means stepping into a company that leads technological advances. For more than five decades, Generac has designed and manufactured diesel, natural gas, and bi-fuel generators, but we’ve evolved into so much more. As we continue to grow in both size and technological advances, we consistently push past norms to pave a way towards the future. We are not simply satisfied with what is working now. Instead, we challenge ourselves to revolutionize and optimize the industry while bringing out the best in our people.

The Financial Planning Analyst plays a key role in providing financial planning and analysis support for Generac’s Industrial Solutions business group and its’ growth strategy. Responsibilities will include assisting with the preparation of numerous forecast updates, long-range plan (LRP), and annual budget process; along with related Executive presentations. Will assist in the review and analysis of actual financial performance and related Executive presentations. Will manage the creation of channel & account level forecasts and drives them through the SIOP process to enhance business delivery performance; working closely with leadership as well as sales, commercial, demand planning, sourcing, and operations teams to develop and analyze data to drive optimized customer behaviors. Participation in margin enhancement, business improvement, and other projects as applicable and necessary.

Essential Duties:

• Track and manage customer rebate and discount programs, including developing monthly accruals and facilitating customer payments.

• Manage and develop reporting and analysis tools to support all functions of the Industrial Solutions business group.

• Assistance and participation in other projects as they arise or are deemed necessary around margin enhancement, business improvement, and other projects as applicable and necessary.

Prepare and drive sales forecasts through the SIOP process, activities include:

• Work cross-functionally to develop the monthly sales forecast;

• Work with the operations teams to coordinate demand planning with supply planning;

• Participate in the continuous improvement of the SIOP process;

• Participate in Inventory Management initiatives;

• Ad hoc requests from management.

Assist in preparation of the annual budget, periodic forecast updates and long-range plan, including:

• Orders and shipments forecasts;

• Gross margin and mix forecasts;

• Operating expense forecasts;

• Preparation of Executive presentations

Assist the review and analysis of actual financial results, including:

• Sales and gross margin bridge analyses

• Operating expense reviews;

• Development of a consistent monthly financial package;

Minimum Qualifications:

• Bachelor’s degree or equivalent

• Minimum 2 years relevant work experience in accounting, financial analysis, sales support or other related field

Preferred Qualifications:

• Degree in Finance, Statistics, Math, Accounting, Economics OR 4 years related experience in a financial analyst function

• SAP and BI experience

• Knowledge of PowerBI, Tableau, Salesforce, SQL, & Power Apps

• Manufacturing industry experience

• Advanced Excel skills with the ability to create, understand, and maintain complex financial models and analysis

• CPA certification

• Strong understanding of financial statements including the ability to analyze an Income Statement, Balance Sheet and Cash Flow Statement

• Ability to work both independently and as part of cross functional teams

• Strong written and oral communication skills, project management skills, and organizational skills

Knowledge, Skills, and Abilities:

• Financial and analytical skills to model and quantify impacts of assumptions and events

• Ability to present information clearly and effectively to a variety of audiences

• Ability to manage multiple projects and/or assignments concurrently

• Proficiency in database applications and MS Office with excellent Excel skills

• Ability to act proactively, independently, and decisively to quickly assess needs and identify logical solutions

• Ability to think and act strategically

• Significant attention to detail and high level of accuracy

• Ability to work collaboratively across business units’ hierarchy and functions

• Excellent interpersonal, management, motivation and analytical skills

• Self-starter with initiative and vision; ability to manage multiple projects simultaneously

Great Reasons to work for Generac:

• Competitive Benefits: Health, Dental, Vision, 401k and many more

• Free onsite gym open Monday through Saturday for Generac employees

• We offer product loan (for up to 4 days) and discount programs

• Pride! When a storm strikes, Generac employees always rise to the occasion. Each time a storm hits, many employees volunteer their time with the customer support team or on the production line, while others go right into storm-affected areas to repair generators

• Make a positive impact. Generac has always been community-minded and dedicated to giving back. The company proudly offers a Volunteer Time Off program, inviting team members to participate in charitable volunteer opportunities on company time.

• We believe in having fun. From minor celebrations to major events, our employees balance their work by building a strong culture of teamwork and collaboration through a variety of occasions, including our Fun Days.

• We’re an inclusive company that celebrates differences and keeps equity and respect at the forefront.

Physical demands: While performing the duties of this job, the employee is regularly required to talk and hear, and use hands to manipulate objects or controls. The employee is regularly required to stand and walk. On occasion, the incumbent may be required to stoop, bend, or reach above the shoulders. The employee may occasionally lift up to 25 pounds. Specific conditions of this job are typical of frequent and continuous computer-based work requiring periods of sitting, close vision, and the ability to adjust focus. Occasional travel.

“We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.”