Senior Financial Analyst, FP&A

Spectrum Building Services of America is a growing commercial facilities services company serving major national and regional customers across multiple U.S. markets.

We are looking for an experienced Senior Financial Analyst, FP&A to join our finance team. This is not a bookkeeping or data-entry position. We are looking for someone who enjoys understanding the story behind the numbers, investigating why financial results changed, building financial models, and turning financial and operational data into useful information for management.

The successful candidate will work closely with the CEO, accounting team, and operational leadership to provide accurate, timely, and insightful financial analysis.

The Senior Financial Analyst will be responsible for financial planning and analysis, management reporting, budgeting, forecasting, financial statement analysis, profitability analysis, cash-flow forecasting, and financial modeling.

A major responsibility of this position is cause-of-change and root-cause analysis
.

We do not simply want reports showing that an expense increased or profitability declined. We expect the analyst to investigate the underlying data, determine what caused the change, quantify the major drivers, identify items requiring further investigation, and clearly communicate the findings.

You should be comfortable receiving financial information and independently asking:

• What changed?
• Why did it change?
• Does the result make sense?
• Is this an accounting issue or an actual business result?
• What are the major drivers?
• What should management pay attention to?

• Perform monthly P&L analysis comparing actual results to budget, forecast, prior month, and prior year.
• Perform balance-sheet analysis and identify unusual or unexplained changes.
• Prepare monthly cause-of-change and variance analyses.
• Investigate significant financial variances to determine underlying drivers.
• Identify potential accounting errors or inconsistencies and work with the accounting team to investigate and resolve them.
• Prepare concise management explanations of financial performance.

• Support preparation of the annual company budget.
• Update forecasts based on actual results and changing business assumptions.
• Build revenue, labor, supply, overhead, EBITDA, and cash-flow forecasts.
• Maintain forecast models and supporting schedules.
• Compare actual results against forecasts and explain significant differences.

• Prepare and maintain short- and medium-term cash-flow forecasts.
• Analyze expected customer receipts, payroll, vendor payments, taxes, capital expenditures, and other cash requirements.
• Identify potential cash-flow risks and significant changes in expected cash position.

Analyze profitability by:

• Business unit
• Other relevant operating segments

Identify the primary drivers of profitability changes, including:

• Labor hours

Work with the accounting team during month-end close to:

• Review preliminary financial results.
• Perform analytical review of the P&L and balance sheet.
• Identify unusual balances or transactions.
• Prepare supporting financial schedules.
• Track questions and exceptions requiring accounting investigation.
• Confirm that identified issues have been addressed before management reporting is finalized.
• Prepare the monthly management financial package.

The Senior Financial Analyst supports the close process through analysis and review. Accounting ownership and final accounting entries remain with the accounting function.

• New customer opportunities
• Wage increases
• Customer price increases
• Equipment and technology investments
• Changes in operating assumptions

Perform scenario and sensitivity analysis to show management how different assumptions affect revenue, profitability, EBITDA, and cash flow.

• Customer profitability
• Operating efficiency

Support management with ad hoc financial and business analysis as requested.

The successful analyst does more than prepare spreadsheets.

For example, instead of reporting:

“Supply expense was $40,000 over budget.”

We expect analysis such as:

“Supply expense was $40,000 over budget. Approximately $18,000 resulted from higher purchasing in Market A, $11,000 resulted from vendor price increases, $7,000 appears related to purchasing volume above expected levels, and $4,000 remains unexplained and requires additional investigation.”

Your job is to help management…