
Financial Analyst
3 weeks ago
As a Financial Analyst, you will evaluate the company's financial performance by analyzing revenues, costs, and profit margins, and provide insights into optimizing margins and strategies to help decision-making. You will work closely with finance, sales, and operations teams. The ideal candidate will have a strong analytical mind, a deep understanding of financial principles especially relating to costs and revenue and preferably have expertise in business intelligence (BI) tools or other reporting software.
Key Responsibilities- Analyze Financial Performance: Investigate financial data to assess profitability across all product categories and sales platforms.
- Develop Profitability Reports: Create and maintain monthly profitability dashboards and reports by checking the profitability for each sales transaction considering the COGS, freight, and other costs incurred. Using tools like Microsoft Power BI or similar reporting software is recommended.
- Identify Opportunities: Provide actionable recommendations for revenue growth, cost reduction, and improved efficiency.
- Collaborate and Communicate: Work with teams from finance, sales, and operations to gather information and present your findings and recommendations. Communicate and align profitability strategies across all teams.
- Leverage Technology: Utilize your knowledge on different reporting tools to automate data analysis, generate possible outcomes, and enhance reporting.
- Ad-Hoc Analysis: Perform on-demand analyses to support specific business decisions and investigate key profitability drivers.
- Bachelor\'s degree in Finance, Accounting, Economics, or a related field.
- 3-5 years of experience in a financial analysis, business intelligence, or a similar role.
- Proven expertise in data analysis and reporting, with hands-on experience using BI tools such as Microsoft Power BI.
- Strong understanding of financial principles, including profit and loss statements, budgeting, and forecasting.
- Experience or strong interest in AI and machine learning as they apply to data analysis is a significant plus.
- Excellent communication and presentation skills, with the ability to translate complex data into actionable insights.
- Highly proficient in Microsoft Excel.
- E-commerce experience is a plus but not required.
- Has worked with inventory systems like Cin7 Core.
We are an established and rapidly growing E-commerce and distribution company that specializes in sourcing, customizing and retailing high quality products to several distinctive markets throughout North America. The Company has 2 main divisions. 1) The first division contains our line of brands that deal with commercial and residential matting product, and manages brands such as Canada Mats, Coco Mats N More, Mat Supplier Group. Our company culture embraces an ideas-oriented environment where everyone's input is valued, and you will have many chances to take on or even lead projects that will impact the overall growth of the company. 2) The second division contains our high end kids products and manages brands such as the Bentley Trike, McLaren Scooters, and Dwinguler.
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