Sr. Financial Analyst

Description

Established in 2007, Element Electronics began with a simple belief - every household should have access to TVs featuring cutting-edge technology. In 2014, we took our commitment further by opening a factory in Winnsboro, SC, making Element the sole major television company assembling TVs in the United States. Today, we continue to challenge ourselves, expanding our product range to include electronics and home appliances, while consistently providing customers with products showcasing the latest technology, all at affordable prices.  

The Senior Financial Analyst will play a key role in Element’s financial reporting and analysis process as it relates to Corporate and SG&A functions. This will include monthly reporting, quarterly forecasting/budgeting, and collaborating with functional leaders across departments. The Senior Financial Analyst will help ensure financial accuracy, provide financial insights, improve cost management, and support strategic decision-making. 

ESSENTIAL   FUNCTIONS: 

Forecasting and Budgeting Process – SG&A and Corporate

• Support the annual budget and quarterly forecasting process, working with functional leaders to gather assumptions, analyze trends, and improve forecast accuracy.
• Coordinate departmental budget/forecast submissions and compile data for consolidated reporting and analysis.
• Assist in preparing presentations, reporting packages and supporting schedules for leadership to review

Month-end Close and Financial Analysis

• Perform monthly SG&A analysis including variance to budget, forecast, and prior periods.
• Investigate and explain significant variances, trends, and performance drivers.
• Prepare monthly department reporting with clear commentary and variance analysis.
• Support accrual review and expense validation processes.
• Work closely with the Accounting team to ensure accuracy and completeness of SG&A expense reporting.
• Prepare ad hoc reporting to support leadership decision-making.

Process Improvement and Reporting Automation

• Identify and implement process improvements to enhance accuracy, efficiency, and consistency in financial reporting and planning activities.
• Support automation initiatives related to budgeting, forecasting, reporting, and data consolidation processes.
• Review and identify opportunities to automate financial reporting, forecasting and analysis processes via Power BI or other tools.
• Collaboration as a team with IT to implement automation and system enhancements.
• Create and maintain dashboards to monitor SG&A performance, KPIs, and trends.

Business Partnership and Strategic Support

• Partner with functional leaders to manage SG&A expenses and improve financial performance.
• Support business cases, ROI analyses, and cost optimization initiatives.
• Support presentation of financials and findings to Finance leadership and functional leaders.

Requirements

• Bachelor’s degree in accounting, finance, or related field. 
• 4+ years of experience in financial analysis, budgeting, and forecasting.
• Strong understanding of financial planning and analysis concepts, including budgeting/forecasting and variance analysis.
• Proficiency in Microsoft Excel and financial modeling.
• Experience in NetSuite, Netsuite Planning & Budgeting and/or Power BI is preferred.
• Strong written and verbal communication skills with the ability to support cross-functional collaboration.
• Ability to work independently, prioritize competing demands, and manage multiple projects simultaneously.
• Initiative to gain insights and implement process improvements and efficiencies where needed.

Additional Information

•  This job description in no way states or implies that these are the only duties to be performed by the incumbent in this position. Associate(s) will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments.
• ll duties and responsibilities are essential job functions and requirements are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the incumbent will possess the skills, aptitudes, and abilities to perform each duty proficiently. The requirements listed in this document are the minimum levels of knowledge, skills, or experience.
• This is a full-time position. Days of work are Monday through Friday. Evening, weekend, and holiday work may be required as job duties demand.
• This position may require travel as needed throughout the United States and abroad.

Physical Demands for this Position

These physical demands are representative of the physical requirements necessary for an associate to successfully perform the essential functions of the position. Reasonable accommodation will be made to enable people with disabilities to perform the described essential functions of the job.

While performing the responsibilities of the job, the associate is required to talk and hear. The associate is often required to sit and use his or her hands and fingers, to handle or feel. The associate is occasionally required to stand, walk, reach with arms and hands, climb or balance, and to stoop, kneel, crouch or crawl. Vision abilities required by this job include close vision.

Work Environment for this Position

While performing the responsibilities of the job, these work environment characteristics are representative of the environment the Senior Financial Analyst will encounter. Reasonable accommodations may be made to enable people with disabilities to perform the essential functions of the job.

This is a full-time position. Days of work are Monday through Friday. Evening and weekend work may be required as job duties demand.

While performing the duties of this job, the employee is occasionally exposed to moving mechanical parts and vehicles. The noise level in the work environment is usually quiet to moderate.

Equal Employment Opportunity Statement

Element TV Company, LP provides equal employment opportunities (EEO) to all employee and applicants for employment without regard to race, color, religion, sex, national original, age disability or genetics. In addition to federal law requirements, Element TV Company, LP complies with applicable state and local laws governing nondiscrimination in employment in every location in which the Company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training. Element TV Company, LP expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. Improper interference with the ability of Element TV Company, LP’s employees to perform their job duties may result in discipline up to and including discharge.