Financial Planning and Analysis Associate
Who We Are:
Challenge’s mission is to manufacture with operational excellence by empowering our employee-owners. As a leading tier 1 supplier of complex metal assemblies for the global automotive industry, we drive innovative solutions for future mobility. We believe the best ideas come from individual unique perspectives. These ideas combined with the teamwork of industry leaders allow us to accomplish any challenge. Our team members take pride in the work we do and embody our core values of safety, ownership, and teamwork every day; they are the true driving force in our operations.
Challenge is proud to be one of the largest employee-owned automotive companies in North America. One of the many benefits of joining the Challenge team is the ESOP program. This program allows Challenge to give shares of the Company to all employee-owners annually. These shares are an additional retirement benefit that will continue to grow during your time at Challenge. Being part of an ESOP means our employee-owners share in Challenge’s success!
Together we own Safety! Challenge is #QualityDriven and #PeoplePowered!
Who We Want:
We are looking for highly skilled Financial Planning & Analysis Associate to join our finance team. The Financial Planning & Analysis Associate will be responsible for analyzing financial data, creating forecasts, and providing recommendations to senior management on ways to improve the company's financial performance. The ideal candidate will have an understanding of financial analysis, strong analytical skills, and excellent communication skills.
What You'll Do:
- Conducting detailed financial analysis to support business decisions, such as assessing the profitability of products, evaluating cost reduction opportunities, and identifying areas for cost optimization.
- Creating financial models and developing forecasts to support the budgeting process, as well as monitoring and reporting on actual performance compared to budget.
- Preparing financial reports and presentations for senior management, board of directors, and external stakeholders.
- Participating in strategic planning processes to help identify key business objectives and develop financial plans to support them.
- Search out and correct inconsistent data, solve problems, and develop new methods of analysis.
- Providing financial analysis and support to cross-functional teams, such as sales, marketing, human resources, and operations.
- Executing ad hoc financial analysis
When and Where:
This will be a 830-5PM M-F position located at our Corporate Office in Walker, MI.
What You Need to Have:
- Bachelor's degree in finance, accounting, economics, or a related field
- Advanced degree or relevant certification preferred
- At least 1-3 years of relevant experience, with a proven track record of success and increasing responsibility
- Strong analytical skills, with advanced proficiency in Microsoft Excel
- Knowledge of accounting principles and financial reporting standards, with experience in a manufacturing environment
- Excellent communication skills, both verbal and written, with the ability to explain complex financial concepts to non-financial stakeholders
- Ability to work effectively in a fast-paced, dynamic manufacturing environment
What We Offer:
We offer a comprehensive benefits package that includes medical, dental, and vision insurance, Health Savings Account with annual employer contributions, Flexible Spending Accounts, company-paid Short-Term Disability and Basic Life, Voluntary Life and LTD, Employer 401k Match, ESOP shares, tuition reimbursement, Referral Bonus Program, Challenge Incentive Program, and paid time off.
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice. Reasonable accommodations can be made to enable individuals with disabilities to perform the essential functions.
