Introduction
Barksdale, founded in 1949, is a leading manufacturer of highly engineered control products. As a subsidiary of Crane Co. a $3B industrial conglomerate, Barksdale has a leading brand position in instrumentation, with focus on General Industrial, Oil & Gas and Transportation end markets. With proprietary technologies, Barksdale’s, regulators, pressure switches and electronic instrumentation products have carved a niche for themselves in demanding applications. Supported by strong financial standing, the business is positioned to continue double digit annual growth over the next 5 – 10 years.
Summary
The Financial Analyst provides financial analysis support to three distinct vertical markets (Industrial, Oil and Gas, and Transportation) to assist in making sound financial business decisions. This role will report directly to the Financial Planning and Cost Manager but will work directly with the Vice President of Finance and Sales Vice Presidents and General Managers for each of the vertical markets. This role works closely with Product Management teams and Finance and Accounting teams. Key activities involve month end reporting, spend tracking, assistance with development of quarterly forecasts, operating plan, profitability analysis by product families, new product development analysis, pricing analysis and all ad hoc analysis required to support day to day business.
Responsibilities and Duties
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Summary
The Financial Analyst provides financial analysis support for three distinct vertical markets (Industrial, Oil and Gas, and Transportation) to facilitate sound financial business decisions. This role reports directly to the Financial Planning and Cost Manager but collaborates with the Vice President of Finance, Sales Vice Presidents, and General Managers for each vertical market. The position works closely with Product Management teams and Finance and Accounting teams. Key activities include month-end reporting, spend tracking, assisting in the development of quarterly forecasts, operating plans, profitability analysis by product families, new product development analysis, pricing analysis, and all ad hoc analyses required to support day-to-day business.
Responsibilities and Duties
Annual Plan & Quarterly Forecasts:
- Prepare financial models for sales forecasts using market, share, and pricing assumptions established with the VP/GM’s.
- Assist in establishing annual investment spending budgets for each of the vertical markets.
Reporting & Analysis:
- Consolidate global sales and shipping profit by vertical market.
- Complete monthly sales, margin, and mix analysis by vertical, product line, and region.
- Assist with the preparation of month-end financial reports, including the President’s Performance Report, P&L summaries, and Vertical Market presentations for each of the vertical markets.
- Manage tracking progress on share gain initiatives.
- Own tracking of investment spending on a monthly basis and communicate spending progress to VP/GM’s.
- Calculate and communicate monthly pricing results.
- Provide monthly analysis of absorption, identifying drivers for fluctuations that may be due to volume, mix, and incoming inventory.
- Assist with monthly analysis of bookings and backlog trends.
- Assist with designing and developing Power BI dashboards to streamline financial reporting.
Profitability Analysis:
- Assist with profitability analysis for each vertical market by region and product family.
- Support Productivity Improvement projects to reduce costs and improve margins.
- Conduct ad hoc analysis as required for business support.
The preceding responsibilities and functions have been provided as examples of the types of work performed by employees assigned to this job classification. Management reserves the right to add, modify, change, or rescind work assignments and to make reasonable accommodations as needed.
Experience/Training/Education: Required:
- Bachelor’s degree in Finance or Business Administration with an emphasis in Finance.
- Two to Four years of financial analysis experience supporting sales, marketing, and operational functions. Preferred experience with cost accounting and general accounting functions.
Skills:
- Integrity and ethical qualities of the highest standard.
- Highly motivated and innovative.
- Team-oriented.
- Ability to effectively handle multiple priorities.
- Advanced Excel skills.
- Proficient in Power BI, including Power Query, Power Pivot, and DAX.
- ERP system experience (QAD and Hyperion++).
Salary range: $76,000 to $95,000. Several factors contribute to actual salary, including experience in a similar role or performing comparable job responsibilities, skills, training, and other qualifications. Compensation packages also include comprehensive benefits, 401K contribution and match, Paid Time Off, paid holidays, tuition reimbursement and more. Some roles may be eligible for participation in performance-based bonus programs”
