Senior Financial Analyst (Inmar)

POSITION SUMMARY

The incumbent provides timely, thoughtful analysis and commentary on the business unit's financial activity, understands the business unit's basic process flow and operations and uses all available resources to provide creative and insightful ideas to maximize the business unit's profitability. The incumbent is action and results oriented, develops, manages and executes project plans, knows and fully utilizes all available accounting systems and computer tools while developing positive working relationships with associates in operations.

Major Job Responsibilities

May include one or more of the following, depending on assigned area:

1. Manage the business unit's participation in the month-end close process. The goal of the process is to highlight key drivers, trends and unusual items for senior CPS management.
   • Ensure revenue & volume journal entries are tied to A/R billing summaries and properly coded.
   • Review or prepare month-end accrual and reserve JE's specific to the business unit; communicate entries to accounting; maintain on-going schedule of accruals/reserves which ties to G/L. 
   • Review A/R balances for potential bad debts.  Prepare formal bad debt analysis for those business units with sufficient risks. 
   • Assist operational personnel in Winston-Salem and Mexico with accounting issues.  
   • Help explain GAAP concepts such as revenue/expense matching and revenue recognition to those unfamiliar with accounting.
   • Help operations set up policies and procedures to ensure accruals, deferrals, prepaids, etc. are identified and accounted for.  
   • Review or prepare month-end analysis of revenue & expense variances and related statistical trends for each business unit. 
   • Review or prepare detailed monthly analysis of cost as well as operational & financial trends specific to Mexican operations.
   • Assist in the preparation of monthly balance of the year forecast.
   • Assist in the preparation of rolling12 month forecast.
   • Ensure final monthly cost center statements are distributed to operational directors and managers.
   • Communicate month-end performance and analysis to management in a timely manner.  
2. Manage the interim flash reporting and forecasting process. The goal of flash reporting is to provide quick, easy to read, summary views of the month in progress.
• Review or prepare weekly volume & revenue flash reports and EBITDA forecast.
• Communicate weekly reports timely, bringing attention to significant, unusual trends.
• Review or prepare other routine or ad hoc financial analysis or forecasts as needed for business units supported by CPS. 
3. Pricing and other profitability analysis to support business unit sales, client services and operations.
   • Monitor contract renewals. Providing profitability analysis and pricing scenarios to account executives at least 4 months in advance of renewal date. 
   • Communication with account executive is important, both to gather information and to relay findings. 
   • Senior Analyst is expected to provide meaningful suggestions about strategy and to have full understanding of cost drivers and business initiatives.    
   • Monitor and report on minimum volume short falls, implementation of caps and other contractual price changes.  
   • Supervise the maintenance of finance data in War Board database.  Ensuring prices on new contracts are correct in database and AS 400 and refunds/credits from contract changes are calculated and billed.
   • Annually, consider where opportunities exist to improve profitability of existing business. 
   • Communicate project scope and findings to CPS manager and director.
   • Provide profitability and pricing scenarios to sales as needed. Communication with sales executive to understand volume, service level, sales strategy etc is important. Senior Analyst is expected to provide meaningful suggestions about strategy. 
   • Provide profitability and pricing analysis to support new products or services as needed. Interaction with operations is necessary to understand scope of service, components of costs, value/potential of idea, etc.  Make recommendations as to feasibility of ideas. 
   • Develop analysis, reports, and models to help identify, monitor and project key statistics and trends that are changing in the business. Some analysis will be high level for senior management; others will be very detailed to help those dealing with clients or working in operations. Adapt the analysis, report or model to the users.  
4. Administration of CPS incentive plans.  Work with the Finance Director and other CPS Directors to keep plans up to date.  Calculate quarterly incentives and prepare reporting for payroll and participants within operations. 
5. Assist Finance Director and other team members in the preparation of the annual budget. 
6. Help coordinate the annual SAS 70 control audits.  Work with outside auditors and operations/IT internally to: 
   • plan and schedule the audit; pull information for audit prior to site visits;
   • answer questions during the audit; discussing issues to anticipate or avoid problems;
   • offer suggestions to mitigate control issues;
   • review and edit control narratives in the reports;
   • help find solutions to prevent issues noted in the audit from happening in the future;
   • and assist in writing formal response to audit finding.
7. Provide assistance as needed to client operations and client services when clients have questions about controls or client internal auditors review Inmar services.            
8. Special projects and initiatives as needed.  The CPS finance department has overall objectives to optimize profitability and refine forecasting. pecial projects to achieve these goals are common.  Senior Analyst is expected not only to prepare or supervise these projects but to bring opportunities and ideas to the attention of the manager and director.

QUALIFICATIONS:

• Technical/Business Knowledge – Cost accounting, financial analysis, forecasting, ability to document and flow chart operational processes, knowledge of CPS/Inmar operations 
• Analytical, Problem-Solving and Decision Making – Intellectual curiosity, thinks through problem from start to finish, sees possible causes and solutions, anticipates consequences or impact of decisions, flexibility to view issues from various points of view, makes practical decisions that work within our business and culture
• Motivation and Commitment – Seeks responsibility, initiates actions toward their own goals, overcomes obstacles, persists in task until completion, accountable for own actions, actively seeks to improve current skills, looks for creative ways to improve processes
• Strategic Thinking – Demonstrates vision and insight in business, thinks logically and creatively, conceives new innovated ideas
• Planning/Organization – Gets work done on time, prioritizes tasks effectively, makes clear realistic plans and follows plans through, anticipates problems and develops contingency plans, gets the most out of available resources 
• Communication – Informs others (managers, peers, subordinates, as appropriate) of plans and activities, makes sure managers have no surprises, listens effectively to all co-workers, facilities communication through effective questioning, writes clearly and concisely, is forceful and persuasive in oral communication
• Interpersonal Skills – Develops and maintains good working relationships with others, can view issues from other's point of view, effective negotiation skills,  can generate consensus, addresses and deals with conflict appropriately, can take an unpopular stand

EDUCATION

• Four year degree with concentration in economics, business, finance or accounting. 
• Minimum of at least 4 years of related business experience.  
• Minimum of at least three years of audit experience (internal or external).
• Advanced knowledge of Excel is required. 
• Fluency in Spanish is preferred. 
• A CPA, CMA or MBA is desired but not required.