Graco

Financial Analyst - Specialist

Graco$87K — $152K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in Finance, Accounting, Economics, or related field.
  • 3+ years of financial analysis experience.
  • Proficiency in financial modeling and forecasting.
  • Advanced skills in Microsoft Excel and financial software.
  • Strong analytical and problem-solving skills with attention to detail.
  • Excellent communication and presentation skills.
  • Ability to work effectively in a team-oriented environment.
  • Strong understanding of financial regulations and reporting standards.

Responsibilities

  • Manage demonstration inventory accounting to maintain accurate records.
  • Assist with analysis and administration of sales and marketing incentive plans.
  • Participate in the monthly close process by preparing and booking journal entries.
  • Ensure accurate accruals for royalties, incentives, and marketing programs.
  • Support the annual budgeting and financial planning process.
  • Respond to Corporate Reporting requests for reporting requirements.
  • Implement process improvements and automated reporting solutions.

Benefits

  • Flexible work environment with potential for hybrid arrangements.
  • Opportunities for professional growth and skill development.
  • Collaborative and team-oriented work culture.
  • Engagement with cross-functional teams and stakeholders.
Full Job Description

The Financial Analyst Specialist will be responsible for conducting financial analysis and reporting. This Financial Analyst will monitor financial status, identify trends, and provide actionable insights to support decision making. The Financial Analyst Specialist will have a proactive approach to identifying opportunities for improvement and have a strong ability to influence financial understanding across the organization.  

What You Will Do at Graco  

Financial Operations and Reporting Support 

  • Accounting for and managing demonstration inventory to ensure complete and accurate records are maintained  

  • Assisting with the administration and analysis of incentive plans for sales and marketing 

  • Participates in the monthly close process including but not limited to preparing and booking journal entries and preparing account reconciliations  

  • Ensuring proper accruals are in place for royalties, incentives, rebates, compliance charges and other marketing programs 

  • Assist with the periodic and annual budgeting and financial planning process 

  • Respond to Corporate Reporting and Finance requests to support internal and external reporting requirements 

  • Suggest and implement process and reporting improvements, including automation or use of visualization tools such as Power BI 

  • Other duties as assigned including but not limited to supporting accounting, pricing, cost, marketing, and operations 

Financial Analysis and Reporting 

  • Analyze financial status by collecting, monitoring, and studying data to provide insights. 

  • Develop reports that compare actual performance against budget and forecasts, including variance analysis. 

  • Ensure all reporting is timely and accurate 

Data Management and Analytics 

  • Enhance big data and analytics capabilities to transform forecasting, management reporting, and understanding of value drivers. 

  • Develop automated reports and dashboards to streamline information requirements. 

  • Enhance performance measurement by integrating financial and non-financial data to provide a holistic view of performance. 

  • Develop and maintain financial databases and reporting tools. 

Process Improvement and Automation 

  • Identify opportunities for process definition, improvement, automation, and enhanced reporting of key performance indicators (KPIs). 

  • Ensure compliance with financial policies through training and regular updates. 

  • Support ad-hoc financial projects and analysis as needed. 

Stakeholder Communication and Influence 

  • Collaborate with cross-functional teams to provide financial insights and support business initiatives. 

  • Present financial reports to stakeholders, clarifying the implications of the data. 

  • Build and maintain strong relationships with key stakeholders to drive financial understanding and alignment.  

What You Bring to Graco  

  • Bachelor’s degree in Finance, Accounting, Economics, or related field. 

  • 3+ years of experience financial analysis. 

  • Proficiency in financial modeling and forecasting.  

  • Advanced skills in Microsoft excel and financial software 

  • Strong analytical and problem-solving skills with attention to detail. 

  • Excellent communication and presentation skills. 

  • Ability to work effectively in a team-oriented environment. 

  • Strong understanding of financial regulations and reporting standards. 

Accelerators 

  • Global industrial manufacturing experience and knowledge. 

#LI-Hybrid

The base pay range for this position is listed below, exclusive of fringe benefits or other compensation.  If you are hired, your final base hourly rate will be determined based on factors such as geographic location, skills, competencies, education, and/or experience.  In addition to those factors, we will also consider internal equity of our current employees.  Please keep in mind that the range provided is the full base salary range for the role.  Hiring at or near the maximum of the range would not be typical to allow for future and continued salary growth.

$87,000.00 - $152,200.00

About Graco

Graco is a manufacturing company that produces equipment for fluid handling. The company's products move, measure, control, dispense, and apply a wide range of fluids and viscous materials used in vehicle lubrication, commercial and industrial settings, and construction and maintenance applications. Graco's products are used in a variety of industries, including automotive, aerospace, construction, and food and beverage. The company was founded in 1926 and is headquartered in Minneapolis, Minnesota.
Learn more about Graco
Size
3,800 employees
Market Cap
$11.2 billion
Industry
Net Income
$330.4 million
Founded
1926
5 Year Trend
+8.4%
Revenue
$1.6 billion
NASDAQ

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