Senior Analyst, Financial Planning and Analytics
Bloomington, IN - USA
Job Summary
DigiKey is one of the fastest growing distributors of electronic components in the addition to offering the broadest selection of in-stock electronic components and providing the best service possible to customers employees have access to a highly competitive benefits package. To learn more visit our benefits and perks page.
The Sr. Analyst partners closely with cross-functional leaders to analyze trends assess risks and identify opportunities within Trade Compliance and Logistics including supporting strategies to minimize tariff exposure optimize customs programs and improve overall supply chain cost efficiency.
This role is based in Thief River Falls or Bloomington Minnesota and will require a minimum of two days per week in the office and be available for projects in the office as needed. Travel required at times domestically and internationally.
Financial Planning & Forecasting
Develop refine and maintain forecasting models for assigned areas of the business and align with corporate plan including logistics spend duties and tariff-related costs.
Prepare monthly financial outlooks highlighting risks opportunities and required corrective actions.
Analyze historical results and trends to improve forecast accuracy and enhance planning assumptions.
Performance Analysis & Reporting
Establish measure and report financial KPIs for leadership including executives.
Provide in-depth variance analysis of actual vs. budget/forecast performance and identify root causes.
Deliver monthly reporting packages dashboards and margin analysis by product customer and business segment.
Provide actionable insights and recommendations to senior management to improve financial and operational performance.
Cost Margin & Operational Support
Perform detailed expenditure reviews to identify trends cost-saving opportunities and areas requiring tighter controls with a focus on logistics spend tariffs and customs-related costs.
Partner with assigned business units to evaluate margin drivers inventory levels and operational efficiencies.
Support job costing estimating and product cost reviews in collaboration with Operations and Accounting.
Lead or support process improvement initiatives to streamline reporting and enhance data accuracy.
Strategic Projects
Build financial models to evaluate business cases investments pricing changes and strategic initiatives.
Participate in cross-functional project teams focused on systems process improvements and operational initiatives.
Other Responsibilities
Partner with accounting to ensure reporting accuracy.
Preparation of presentations for business owners Director Finance and other senior leadership.
Continuous review for improvement in financial processes and tools.
Assist with reviewing customer or supplier contracts as needed.
Participate in system testing upgrades or implementation projects.
Support the creation of documentation SOPs and financial process training.
Domestic and/or international travel may be required.
Nothing in this job description restricts managements right to assign or reassign duties and responsibilities to this job at any time.
Bachelors degree in Finance Accounting Business Administration or related field of study
6 years of experience in operational financial or general business analysis
1-3 years experience supporting supply chain operations procurement logistics or trade compliance functions
Experience in presenting financial reporting to executive leadership
Knowledge of cost accounting and control principles budgeting and forecasting including generally accepted accounting principles
Understanding of financial accounting P&L and the balance sheet
Ability to analyze financial data and prepare financial reports statements and projections
Ability to lead projects and project teams
Strong interpersonal communication skills; ability to communicate with varied levels of employees
Strong attention to detail organizational and problem-solving skills
Strong written and verbal communication skills
Highly adaptable; possesses a strong ability to manage multiple tasks and changing priorities
Ability to maintain confidentiality
Ability to multi-task; strong project management skills
Ability to establish and contribute to a high degree of teamwork and collaboration with diverse groups
Must demonstrate the following behavioral competencies; analytical capacity attention to detail communication proficiency customer/client focus ethical conduct initiative manages execution personal effectiveness/credibility positive attitude problem solving professionalism project management thoroughness and time management
Proficiency in Excel and experience with financial software
Ability to work under pressure with (sometimes) limited supervision to meet deadlines
MBA or graduate degree or equivalent
Basic understanding of the various business functions and the distribution industry
Experience using SQL and/or other data-querying tools
Experience with reporting tools (e.g. Sigma Oracle Analytics Power BI)
Generally spend the workday sitting at a workstation and operating computer devices such as but not limited to keyboard mouse and screen
Generally spend the workday performing repetitive motions that involve or affect the hands head and other parts of your body
The base pay range for this position is:
$80000to
$117500Many factors influence the determination of base pay within a range including the candidates work experience in related roles; the candidates knowledge skills capabilities and performance; the relative pay of other DigiKey employees in similar roles; and the budget available for the position.
Must be authorized to work in the U.S. without the need for employment-based immigration sponsorship now or in the future. The employer does not offer immigration sponsorship for this opportunity.
DigiKey Electronics is an Equal Opportunity Employer. We encourage all qualified candidates including protected veterans and individuals with disabilities and to apply and be considered for open positions.
If you are an applicant with a disability and need a reasonable accommodation for any part of the employment process please contact Human Resources at 1- or .
Required Experience:
Senior IC
About Company
DigiKey offers millions of products from thousands of manufacturers, many in-stock quantities available to ship same day. Apple Pay, Google Payâ„¢ & Paypal accepted, order online today!