Associate Financial Analyst

Posted 22 Days Ago
Dayton, MN
64K-112K Annually
Entry level
Manufacturing
The Role
The Associate Financial Analyst conducts financial analysis and reporting, manages incentive programs, prepares financial reports, and collaborates with teams for financial insights and improvements.
Summary Generated by Built In

Graco manufactures and markets premium equipment to move, measure, control, dispense and spray a wide variety of fluid and powder materials. What does that mean? Well, we pump peanut butter into your jar, and the oil in your car. We glue the soles of your shoes, the glass in your windows and the screen on your phone. We spray the finish on your vehicle, coatings on your pills, the paint on your house and texture on your walls. Graco is part of your daily life.

The Associate Financial Analyst will be responsible for conducting financial analysis and reporting. The Associate Financial Analyst will review and execute transactions that impact the financial statements and perform reporting that supports other functions in the business. The Associate Financial Analyst 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  

Incentive Program Management and Financial Support 

  • Analyzes and transacts programs such as rebates, commissions, remunerations, royalties and promotions 
  • Creates reports and supports other functions for incentive programs, sales reporting, rebate tracking and other miscellaneous requests 
  • Assisting in the administration of incentive programs  
  • Participates in the monthly close process including but not limited to preparing and booking journal entries and preparing account reconciliations and preparing monthly reports 
  • Ensuring proper accruals are in place for royalties, incentives, rebates, compliance charges and other marketing programs 
  • Reviews expenses and recommend corrections
  • Accounting for and managing demonstration inventory to ensure complete and accurate records are maintained
  • Other duties as assigned as i.e. assisting in annual budgeting process

Financial Analysis and Reporting 

  • Analyze financial status by collecting, monitoring, and studying data to identify trends and recommend actionable insights
  • Develop reports that compare actual performance against budget and forecasts, including variance analysis
  • Regularly update forecasts based on market changes to support proactive decision-making.  
  • Compile and deliver monthly, quarterly, and annual financial reports

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 measurements 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 
  • Demonstrated knowledge or experience with 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-SK1

At Graco, you truly make a difference. Your unique talents contribute to our organizational growth and future. Not only do you make a difference, but Graco’s culture empowers employees to create their own career path. Whether you choose to advance within your current department or explore new opportunities in different divisions, you have the ability to build your future. Our managers are here to provide support and guidance as you continue to grow within your career.

Graco has excellent opportunities available to individuals who want to be part of a fast-moving, growing company that is committed to quality, innovation and solving fluid handling problems for our customers. Graco is proud to be named a Best Place to Work by Fortune Magazine in 2016, 2018, 2019, 2021 & 2022. Graco offers attractive compensation, benefits and career development opportunities. Graco’s comprehensive benefits include medical, dental, stock purchase plan, 401(k), tuition reimbursement and more.

Our company uses E-Verify to confirm the employment and eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, please visit www.dhs.gov/E-Verify.

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.

$64,200.00 - $112,400.00

Top Skills

Financial Modeling
Financial Software
Excel
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The Company
Bundoora, , Victoria
4,153 Employees
On-site Workplace
Year Founded: 1926

What We Do

Founded in 1926, Graco (NYSE:GGG) is a world leader in fluid handling systems and components. Graco Inc. supplies technology and expertise for the management of fluids in both industrial and commercial applications. It designs, manufactures and markets systems and equipment to move, measure, control, dispense and spray fluid materials.

Graco maintains an aggressive strategy to design and develop new products and systems and distributes through a worldwide network of distributors and other channels. Graco is focused on expanding into new markets through product development and acquisitions.

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