Lincoln Electric Holdings Inc

Senior Financial Analyst

Lincoln Electric Holdings Inc$81K — $102K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in finance or accounting.
  • Minimum five years of related experience.
  • Proficient in MS Office (Excel, Word, PowerPoint); Hyperion Enterprise and SAP knowledge are pluses.
  • Excellent analytical, written, and verbal communication skills.
  • Strong organizational abilities with effective multitasking skills.
  • High degree of flexibility to handle various tasks simultaneously.
  • Keen attention to detail and commitment to high-quality standards.

Responsibilities

  • Act as a business partner and key contact for the Commercial team regarding financial reporting and analysis.
  • Manage rebate programs; provide insights and analyses on changes or new initiatives.
  • Compile, analyze, and report financial results, focusing on sales, profits, and working capital.
  • Help prepare and organize monthly Business Reviews.
  • Calculate and record monthly sales rebates, commissions, and royalties; complete account reconciliations.
  • Provide updates on rebate programs and performance metrics by customer, channel, and product.
  • Support internal and external audits.

Benefits

  • Collaborative work environment with a focus on teamwork.
  • Opportunities for process improvement and increased efficiency.
  • Engagement in diverse responsibilities supporting the company's RISE strategy.
Full Job Description
Location: Euclid - 22801
Employment Status: Salary Full-Time
Function: Finance
Pay Range: $81,992.00- $102,490.00
Target Bonus: 10,0%
Req ID: 29619

Purpose

Collect, compile, analyze and report financial results of the organization.

Job Duties and Responsibilities

  • Operate as a business partner and key point of contact for Commercial team on all financial reporting and analysis.
  • Manage rebate programs and provide insight and analysis on any upcoming changes and/or new programs.
  • Collects, compiles, analyzes and reports financial results of the organization. This includes sales, profits and working capital of Lincoln Cleveland.
  • Assists in preparing and organizing monthly Business Reviews.
  • Prepares monthly sales rebate, commission and royalty calculations. Records journal entries and completes account reconciliations supporting these activities.
  • Provide updates and analysis on rebate programs, customer and channel performance, and product level performance.
  • Assists in supporting internal/self and external audits.
  • Identify opportunities for and help implement process improvements to drive faster and more accurate outcomes and expand capacity.
  • Assists in the supporting completion of physical inventories conducted at Cleveland plant locations.
  • Participates in staff and individual meetings on an ongoing basis for the purposes of effective teamwork, enhanced communication and progressive cooperation strategies within the department as well as other departments across the company such as Sales, Corporate Finance and IT.
  • Supports ad hoc reporting requests.
  • Assumes additional responsibilities as needed or directed in support of the Company's RISE Strategy.
  • Support CapEx process and Post-CAR review process.


Basic Requirements

  • Bachelor's degree in the field in finance or accounting.
  • Minimum five years of related experience.
  • Proficient in MS Office including: Excel, Word, and PowerPoint; Hyperion Enterprise and SAP a plus.
  • Proficient in the use of Microsoft Outlook.
  • Must possess excellent analytical, written, and verbal communication skills.
  • Excellent organizational skills and the ability to manage multiple priorities with competing deadlines.
  • Must possess a high degree of flexibility and demonstrate the ability to perform numerous tasks and assignments concurrently.
  • Must possess a keen attention to detail and promote high quality standards.


Competencies

Assigned by Job Code.

About Lincoln Electric Holdings Inc

Lincoln Electric is a global manufacturer and the market leader of the highest quality welding, cutting and joining products. The company has a strong focus on research and development, and has been responsible for many of the innovations that have revolutionized the welding industry. Lincoln Electric has a strong commitment to sustainability and has been recognized for its efforts in this area. The company has a presence in over 160 countries and has a reputation for providing excellent customer service.
Learn more about Lincoln Electric Holdings Inc
Size
11,000 employees
Market Cap
$8.3 billion
Industry
Net Income
$206.1 million
Founded
1895
5 Year Trend
+7.3%
Revenue
$2.6 billion
NASDAQ

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