The Role
Entry-level role supporting financial reporting, forecasting, budgeting, cost analysis, and month-end close. Prepare journal entries, reconciliations, KPIs, dashboards, and ad hoc analyses. Assist audits, improve reporting processes, and collaborate with finance and cross-functional teams to support decision-making and operational performance.
Summary Generated by Built In
At Franklin Electric, Finance plays a critical role in driving business performance and supporting sound decision-making across the organization. As a Financial Analyst I, you will support both financial analysis and accounting activities while gaining broad exposure to the financial operations of a global manufacturing company.
This entry-level role is ideal for a recent graduate or early-career professional looking to develop expertise in financial reporting, forecasting, budgeting, cost analysis, and accounting processes. Working closely with finance leadership and cross-functional teams, you will help provide meaningful insights that support profitability, operational performance, and strategic initiatives.
Key Responsibilities
Financial Analysis & Reporting
- Assist with monthly, quarterly, and annual financial reporting activities.
- Analyze financial results and investigate variances between actual results, forecasts, and budgets.
- Support forecasting, annual operating plan (AOP), and budgeting processes.
- Prepare recurring and ad hoc financial analyses to support business decisions.
- Assist in monitoring key performance indicators (KPIs), profitability metrics, and operational trends.
- Develop reports and dashboards that improve visibility into financial and operational performance.
- Help identify risks, opportunities, and business trends through data analysis.
- Support finance leadership in preparing presentations and reporting materials for management reviews.
- Partner with sales organization on reporting and performance vs. incentive plans.
Accounting & Financial Operations
- Assist with month-end and year-end close processes.
- Prepare journal entries and account reconciliations.
- Support general ledger maintenance and ensure accuracy of financial records.
- Investigate and resolve account discrepancies.
- Assist with audit requests and documentation.
Process Improvement & Data Analytics
- Assist in improving reporting processes through standardization, automation, and enhanced data accuracy.
- Support initiatives focused on data quality, governance, and reporting efficiency.
- Leverage Excel, ERP systems, and business intelligence tools to analyze and present financial information.
- Contribute to continuous improvement projects that strengthen financial processes and decision-making capabilities.
Skills Knowledge and Expertise
- Bachelor's degree in finance, Accounting, Business, Economics, or a related field.
- 0-2 years of relevant experience, including internships or co-op experience.
- Understanding of financial statements, budgeting, forecasting, and accounting principles.
- Strong analytical and problem-solving skills.
- Advanced proficiency in Microsoft Excel.
- Excellent attention to detail and organizational skills.
- Strong written and verbal communication skills.
- Ability to manage multiple priorities in a fast-paced environment.
Preferred Qualifications
- Internship or experience within a manufacturing environment, public accounting or other similar experience.
- Familiarity with ERP systems, preferably JD Edwards (JDE).
- Experience with Power BI, Microsoft Business Intelligence tools, or similar reporting platforms.
- Exposure to cost accounting concepts and inventory analysis.
- Progress toward CPA, CMA, or other professional certifications.
Key Competencies
- Financial Analysis
- Business Partnership
- Problem Solving
- Data Analytics
- Attention to Detail
- Communication
- Continuous Improvement
- Time Management
- Collaboration
- Learning Agility
About
Franklin Electric is a global leader in water and energy systems, committed to continuous improvement and innovation to meet the diverse needs of our customers. Our founders in 1944 named the company after America’s pioneer electrical engineer, Benjamin Franklin, which lives on today in our culture to drive us to push boundaries and create meaningful change. We offer a comprehensive range of pumps, motors, drives, and controls for residential, commercial, agricultural, industrial, and municipal applications.More than just a workplace, Franklin Electric is a vibrant and inclusive community of forward-thinkers, united by our mission to drive positive impact worldwide. Our culture fosters career growth and personal development, with a focus on promoting from within and nurturing talent. Our recent awards in “America's Most Responsible Companies”, “Most Trusted Companies” by Newsweek, “America’s Climate Leaders” and “Indiana’s Best Places to Work” attest, we're dedicated to upholding the highest standards of corporate responsibility.At Franklin Electric, we believe that everyone deserves to be treated fairly and respectfully, and that our diversity of thought, culture and experience makes us a stronger company. Our commitment to social responsibility is evident in programs like the Franklin Women's Network and our philanthropic efforts through the Franklin Wells for the World Foundation. Through these endeavors, we've provided clean water to over 284,000 people in 12 countries, addressing the global water crisis head-on,Locally in our communities, the Franklin Electric Charitable and Educational Foundation (FECEF) supports causes close to our hearts, such as United Way, Boys & Girls Club, and Big Brothers Big Sisters. Our dedication to excellence extends beyond our products and services, shaping a brighter future for both our employees and the communities we serve. Join us in driving meaningful change and making a difference with Franklin Electric.
Skills Required
- Bachelor's degree in Finance, Accounting, Business, Economics, or related field.
- 0-2 years relevant experience, including internships or co-op.
- Understanding of financial statements, budgeting, forecasting, and accounting principles.
- Advanced proficiency in Microsoft Excel.
- Strong analytical and problem-solving skills.
- Excellent attention to detail and organizational skills.
- Strong written and verbal communication skills.
- Ability to manage multiple priorities in a fast-paced environment.
- Internship or experience within a manufacturing environment or public accounting.
- Familiarity with ERP systems, preferably JD Edwards (JDE).
- Experience with Power BI, Microsoft Business Intelligence tools, or similar reporting platforms.
- Exposure to cost accounting concepts and inventory analysis.
- Progress toward CPA, CMA, or other professional certifications.
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The Company
What We Do
Founded in 1944, Franklin Electric has grown from a small motor manufacturing company into a leading global provider of complete water systems and fueling systems. Franklin Electric's principal markets include clean water systems, water transfer and grey water systems, and fueling systems. Headquartered in Fort Wayne, Indiana, Franklin serves all corners of the world with facilities spanning the globe.
