Job Description
Join Apex Equipment Solutions, a premier leader in the equipment leasing and finance industry. We are seeking a strategic and detail-oriented Financial Analyst to join our team in Newark, NJ. In this pivotal role, you will drive financial decision-making processes by analyzing complex data related to our heavy equipment and machinery portfolios. We are committed to providing our team with the cutting-edge tools and technology needed to excel, including the latest financial modeling software and premium equipment support.
As a Financial Analyst, you will serve as a key advisor to senior management, translating financial data into actionable insights that optimize our rental rates, acquisition strategies, and overall profitability. You will be responsible for maintaining the integrity of our financial models, preparing comprehensive variance reports, and identifying trends that impact our bottom line.
What You Will Do
- Analyze financial performance and variance against budget for the equipment finance division.
- Develop and maintain complex financial models to forecast revenue, expenses, and cash flow for new equipment acquisitions.
- Prepare monthly, quarterly, and annual financial reports for executive leadership and board meetings.
- Conduct deep-dive analyses on asset utilization, residual values, and lease performance metrics.
- Identify cost-saving opportunities and process improvements within financial operations.
- Collaborate with operations teams to ensure accurate cost allocation and inventory tracking.
Who We Are Looking For
- Bachelor’s degree in Finance, Accounting, Economics, or a related field (Master’s preferred).
- 3-5 years of experience in financial analysis, ideally within the manufacturing, construction, or equipment leasing sectors.
- Advanced proficiency in Microsoft Excel (VBA, Macros, Pivot Tables) and ERP systems (SAP, Oracle, or NetSuite).
- Strong understanding of financial reporting standards (GAAP/IFRS) and lease accounting (ASC 842).
- Exceptional analytical skills with the ability to interpret complex datasets and present findings clearly.
- Proven track record of working in a fast-paced, deadline-driven environment.
Responsibilities
- Perform variance analysis and forecasting for equipment leasing portfolios.
- Build and maintain dynamic financial models for capital budgeting and scenario planning.
- Prepare high-level executive summaries and presentations for stakeholders.
- Monitor key performance indicators (KPIs) to drive operational efficiency.
- Assist in the annual budgeting and long-term strategic planning processes.
- Ensure compliance with internal controls and external reporting requirements.
Qualifications
- Bachelor’s degree in Finance, Accounting, or Business Administration.
- CPA, CFA, or MBA is a strong plus.
- Proficiency in SQL, Tableau, or Power BI is highly desirable.
- Strong verbal and written communication skills.
- Ability to work independently and manage multiple priorities simultaneously.
- Experience with lease accounting software and financial systems.