Financial Analyst

Scope:

ICM Controls designs and manufactures electronic controls for the HVAC, electrical, marine, refrigeration and appliance markets. We are seeking a motivated Financial Analyst to join the ICM Controls team. In this role, you will support financial planning, analysis, and reporting efforts by leveraging strong analytical and financial modeling skills. You will partner primary with the Sales and New Product development teams, and with other cross-functional teams to analyze performance, improve reporting, and provide insights that support the company’s strategic initiatives.

Key Responsibilities:

New Product Development & Sales Business Partnering:

• Perform financial analysis on New Product Development and provide recommendation based on financial guidelines for Gross Marin, NPV and ROI.
• Provide comparison analysis post launch (business case vs actuals and forecast).
• Calculate Sales Representative Commissions, rebate program, and other Customers incentives for month-end accruals and actuals. Provide financial analysis for Quarterly reviews with Sales representative.
• Assist the Sales leadership meeting and provide any insights that might support decision making.
• Support pricing strategy and margin optimization initiatives.
• Evaluate Sales and business opportunities.
• Track discount, advertising, travel and other discretionary spending vs Budget, and maintain forecasting.
• Provide support to evaluate financial impact for sales promotions.

Finance Team Contributions:

• Prepare monthly financial reports, dashboards, and summaries.
• Perform variance analysis (actual vs. budget/forecast) and explain key drivers.
• Prepare Monthly financial package for reporting to difference stakeholders such as the Board of Directors and to the bank, including financial results, ratios and key metrics.
• Define, track, and report key performance indicators (KPIs) across business units.
• Provide actionable recommendations to improve profitability and operational efficiency.
• Support budgeting, forecasting, and financial planning processes.
• Develop and maintain financial models to support business decisions.
• Partner with operations, sales, and leadership to provide financial insights.
• Analyze trends, risks, and opportunities and recommend actions.
• Query and manipulate data from ERP systems and databases to support analysis and reporting.
• Assist in improving financial reporting processes and tools.
• Utilize data visualization tools (e.g., Tableau) to enhance insights.
• Work within ERP systems, including Epicor (preferred), to support reporting needs.

Position Type/Expected Hours of Work:

• Labor Category – Exempt/Permanent
• Expected schedule – Monday- Friday 8:00 a.m.- 5 p.m.

Travel: Limited

Work Environment: While performing the duties of this job, the employee regularly works in an office environment.

Education:

Bachelor’s degree in Finance, Accounting, or related field

Required Qualifications:

• Minimum 3 years of experience in financial analysis, FP&A, or a related role
• Experience with financial modeling and data analysis
• Proficiency in Excel (formulas, pivot tables, power query)
• Strong analytical and problem-solving skills
• Experience with ERP systems (Epicor experience a plus)
• Familiarity with data visualization tools (Tableau, Power BI, etc.)
• Exposure to large datasets or basic SQL knowledge
• Strong attention to detail and data accuracy
• Ability to communicate effectively and work cross-functionally

ICM provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability or genetics, familial status, and gender expression. In addition to federal law requirements, ICM complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities.

Pay: $80,000.00 - $90,000.00 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Vision insurance

Work Location: In person