Company / Location Information
A.O. Smith is a global leader applying innovative technologies and energy-efficient solutions to products manufactured and marketed worldwide. The company is one of the world’s leading manufacturers of residential and commercial water heating equipment and boilers, as well as a manufacturer of water treatment products for residential and light commercial applications. A. O. Smith is headquartered in Milwaukee, Wisconsin, with approximately 12,000 employees at operations in the United States, Canada, China, India, Mexico, the Netherlands, and the United Kingdom.
Primary Function
The Commercial Finance Senior Analyst is responsible for preparing, analyzing, and presenting the financials of specific segments of the Consumer business within North America Water Treatment including our retail & marketplace sales channels. The candidate will work to interpret the financial data to make appropriate recommendations to sales and financial management. The Senior Analyst of Commercial Finance will work closely with and become a trusted business partner to our sales & marketing teams; as well as become a trusted member of our finance team.
Responsibilities
- Participate in the forecasting and strategic/annual plan process for retail sales organization and cost centers
- Complete the financial reporting and analysis function for the consumer sales organization, including sales, profit margins and selling and administrative expense.
- Complete accounting close process for expense and gross to net, including review of various accruals/ journal entries, reporting of actual results to internal stakeholders.
- Responsible for producing and analyzing financial data for the business, including variance analysis to budget and prior year.
- Support the consumer commercial leaders in decision making process using financial data and analytics to support position & recommendations.
- Ability to effectively partner and communicate with commercial leaders, ROI analysis, pricing principles, understanding of route to market and managing customer terms and relationships.
- Ownership & management of Consumer channels Accounts Receivable; including but not limited to managing aged AR balances & associated action plans to mitigate bad debt risk.
- Responsible for review of processing of contractual programs and account deductions.
- Continually evaluate the departmental functions, practices, and controls to identify opportunity for improvement.
- Ensure consistent, reliable, and timely information is distribut