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Financial Data Analyst

IRCA is a prominent international provider of semi-finished ingredients for the bakery, pastry, and gelato markets. They cater to independent producers as well as large food manufacturers, including consumer packaged goods (CPG) companies. The company's core product offerings consist of chocolate, chocolate decorations, creams, pastry mixes, gelato ingredients, and various other bakery and pastry ingredients.Headquartered in Italy, IRCA was acquired by Advent International, a global private equity firm, in July 2022. The company has demonstrated a strong history of growth over the past decade. As part of its growth strategy, IRCA made two bolt-on acquisitions in 2022. They acquired Cesarin, a provider of candied fruits, and Anastasi, a supplier of pistachio ingredients. These acquisitions expanded IRCA's product portfolio and market reach.More recently, IRCA acquired the leading manufacturer of sweet and cereal products in Europe and the US. The target company focuses on high-value specialty ingredients for the Food Manufacturers segment. Their product range includes sweet particulates, chocolate confections, baked inclusions, variegates, and fruit purées. This deal, successfully completed in March of 2023, is a transformative move for IRCA, establishing them as a global leader in the semi-finished ingredients industry.With this acquisition, IRCA has a combined revenue of €1 billion in 2023 and a presence in 22 manufacturing facilities across Europe, the US, and Vietnam. This expanded manufacturing footprint and diversified product portfolio positions IRCA as a key player in the market, serving a wide range of customers in the bakery, pastry, and gelato sectors, as well as food manufacturers.The Financial Data Analyst will be a key analytical resource to the Finance and Commercial Teams. This position will support the existing reporting structure for Sales, Pricing, and Finance. This role will help lead the structuring and cleaning of data; develop and automate robust reporting and visualization; and support a wide range of ad hoc analytics. The primary focus of the role will be commercial analytics including commercial pipeline administration; demand, revenue, and margin forecasting, reporting, variance analysis, and scenario running; Pricing and profitability analytics; and other related ad hoc analytics. This role is highly visible with senior leadership and will be expected to be able to flex communication from very detailed and granular to summary narrative.This is a Hybrid role and you can work in our offices located in either Duluth, GA. or River North, Chicago. ILResponsibilities• Maintain the existing MS Excel/MS Access reporting models via data extractions from SAP, data management/realignment tools and 3rd party data.• Review/validate data for accuracy and consistency and work with any other teams necessary to improve the reliability of data• Prepare internal management daily/weekly/monthly/quarterly commercial reporting and analysis to support senior leadership and sales - such as the Daily Sales Report, ABC Customer analysis, Logistical Heat Maps and Key Customer reporting.• Assist with the budget and forecasting analysis/templates for FP&A for Volume, Revenue, and Cost.• Create new reporting dashboards mirroring existing reporting and identified reporting from senior leadership.• Support the Pricing team with analytics around pricing tables, impact of price changes, margins, etc.• Provide other regular and ad hoc analytical support to the Finance team, as requiredQualifications• Bachelor's degree in Finance, Accounting, Economics, Mathematics, Statistics, Computer Science, or Data Analytics required• Advanced/Expert-level Excel skills and demonstrable ability to efficiently create advanced/dynamic data modeling thru VBA, Pivots, Slicers, and nested statements• Microsoft SQL Server, SQL, MS Access, Power BI, Power Query, and Python considered a plus• 2+ years of experience with data analysis & FP&A is preferred• Meticulous attention to detail with demonstrated ability to think out of the box and problem solve• Strong interpersonal skills with a desire to work in a fast-paced environment, meet deadlines, and complete time-sensitive duties with detailed data and inputs across the organization.• Demonstrable ability to effectively communicate at all levels of the organization• This is a hands-on position; and a successful candidate will have to roll up their sleeves to succeed.• Must be able to deep dive into the details of the business while staying focused on the big picture and be able to conceptualize both problems and solutions• The ideal candidate will be highly motivated, energetic, and possess a natural curiosity to learn• Travel, occasional travel may be required, able to work hybrid.Irca Group offers career growth opportunities as well as competitive compensation and benefits:Medical, Dental, & Vision, 401(k) matching, Paid Vacation, and Holidays, Employee Education Tuition Reimbursement ProgramPI256045314
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What You Should Know About Financial Data Analyst, IRCA Group

Join IRCA as a Financial Data Analyst in Springfield, IL, where you'll become an essential part of our Finance and Commercial Teams! At IRCA, a respected leader in semi-finished ingredients for the bakery, pastry, and gelato markets, we pride ourselves on our rich product portfolio and our commitment to growth. In this role, you will play a pivotal part in maintaining and enhancing our reporting structure, focusing on sales, pricing, and financial analytics. Your responsibilities will include structuring and cleaning data, developing automated reports, and providing ad hoc analytical support to senior leadership. From commercial pipeline administration to demand forecasting and profitability analytics, your expertise in Excel, SQL, and data visualization tools like Power BI will be invaluable. With the recent acquisitions that have expanded our reach and product offerings, there has never been a more exciting time to join our team. You'll work in a hybrid model, with the flexibility to be based in our offices in either Duluth, GA or River North, Chicago, IL. We're looking for someone with a Bachelor's degree in a relevant field and at least 2 years of experience in data analysis. If you thrive in a fast-paced environment and enjoy collaborating across teams, then this position is for you! At IRCA, we offer competitive compensation and benefits to promote growth and satisfaction in your career.

Frequently Asked Questions (FAQs) for Financial Data Analyst Role at IRCA Group
What are the responsibilities of a Financial Data Analyst at IRCA?

As a Financial Data Analyst at IRCA, your main responsibilities will include maintaining existing reporting models in Excel and Access, validating data for accuracy, preparing commercial reports for senior leadership, supporting the pricing team with analytics, and creating new reporting dashboards. Your work will focus heavily on commercial analytics, revenue forecasting, and variance analysis, making your role integral to the company’s financial health.

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What qualifications are needed to apply for the Financial Data Analyst position at IRCA?

To apply for the Financial Data Analyst position at IRCA, candidates must possess a Bachelor's degree in Finance, Accounting, Economics, Mathematics, Statistics, Computer Science, or Data Analytics. Additionally, advanced Excel skills, experience with MS SQL Server and Power BI, and a minimum of 2 years in data analysis are preferred. Attention to detail and strong communication skills are essential.

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How does the Financial Data Analyst role support IRCA's finance teams?

The Financial Data Analyst role at IRCA supports the Finance teams by providing crucial data insights that influence business decisions. This includes maintaining reporting models, assisting with budget and forecasting analysis, and delivering internal management reports. Your analytical work enables senior leadership to drive effective decision-making based on accurate data and trends.

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Is the Financial Data Analyst position at IRCA a remote job?

The Financial Data Analyst position at IRCA is a hybrid role, allowing flexibility to work both in the office and remotely. The primary office locations are in Duluth, GA, and River North, Chicago, IL. This setup provides a balance between collaborative in-house work and the convenience of remote tasks.

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What type of analytical tools and software should a Financial Data Analyst at IRCA be familiar with?

A Financial Data Analyst at IRCA should be proficient in advanced Excel, including modeling through VBA, Pivots, and Slicers. Familiarity with Microsoft SQL Server, MS Access, Power BI, Power Query, and Python is also considered advantageous. These tools will help you analyze and visualize data effectively to support the Finance and Commercial Teams.

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Common Interview Questions for Financial Data Analyst
Can you explain your experience with Excel for financial data analysis?

When answering this question, detail specific Excel functions you have used, such as VLOOKUP, PivotTables, and VBA scripting. Share examples of how you've utilized these skills in past roles to automate reports or analyze large data sets effectively.

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Describe a time when you identified a data error. How did you handle it?

In your response, provide a specific example of a situation where you noticed a discrepancy in data. Explain the steps you took to investigate the issue, collaborate with other teams, and resolve it. Emphasize your attention to detail and the importance of accurate reporting.

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What are some key performance indicators you would track as a Financial Data Analyst?

Discuss various key performance indicators (KPIs) such as revenue growth, margin analysis, and demand forecasts. Highlight how tracking these KPIs can drive business strategy and inform senior leadership decisions, demonstrating your understanding of commercial analytics.

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How do you communicate complex data insights to non-technical stakeholders?

Share your approach for translating complex data into accessible language. You might mention using narrative summaries, visuals like charts and dashboards, or tailoring your communication style based on your audience's level of understanding.

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What experience do you have with SQL or data visualization tools?

Provide specific examples of projects or tasks where you utilized SQL to extract or manipulate data. Additionally, illustrate your experience with visualization tools, discussing how you've used them to create dashboards that present insights to the Finance team.

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Explain a situation where you had to work under a tight deadline. How did you manage it?

Showcase your time management and organizational skills by describing a challenging deadline you've met. Discuss how you prioritized tasks, collaborated with team members, and ensured quality deliverables while meeting time constraints.

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What strategies do you use for forecasting revenue and demand?

Discuss specific methodologies you have used for forecasting, such as regression analysis or seasonal trends. Outline how integrating market data and adapting to business changes has enhanced your forecasting accuracy.

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How do you keep your analytical skills up to date?

Mention any online courses, webinars, or professional communities you participate in. Demonstrating a proactive approach to learning new tools or techniques will show your commitment to continuous improvement in your analytical skills.

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What steps would you take to create an automated reporting system?

Outline a systematic approach where you would first identify the data sources, then design the reporting framework. Discuss your experience with automation tools, and highlight how this effort can save time and improve accuracy for the company.

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Why do you want to work for IRCA as a Financial Data Analyst?

Articulate your interest in IRCA’s growth and reputation within the semi-finished ingredients industry. Emphasize how your skills align with the company’s support for analytical innovation and how you are drawn to their commitment to quality and product diversity.

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Full-time, hybrid
DATE POSTED
December 5, 2024

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