Job details

Financial Planning & Analysis Summer Internship

Lasko Products, an industry leader of home environment products for over 100 years, is seeking an FP&A Intern for our West Chester, PA headquarters. The summer internship will run from May 2024 through August 2024.

Intern position reporting to the Director of FP&A, the position performs a variety of project-oriented tasks to support the financial and strategic needs of Lasko. This intern position is responsible for organizational financial reporting, budgeting, forecasting, sales analysis, strategic planning, and capital planning. Concurrently, it ensures consistency with the business strategy, consistency, and alignment across projects, as well as customer satisfaction and results.

DUTIES AND RESPONSIBILITIES

Supports monthly, quarterly, and annual financial reporting processes including analysis, interpretation, and communication of results
Helps develop effective reports, presentations, and analyses for use by management and external stakeholders
Helps develop, analyze, and reconcile statistical and accounting information for monthly and quarterly financial statement reviews
Assesses operating results in terms of profitability and performance against plan/prior year to ensure accuracy and identify opportunities
Participates in annual strategic planning and budgeting, periodic forecasting, and management reporting processes
Helps create appropriate metrics/KPIs, reporting tools, and dashboards that give insight into the performance of the business
Works cross-functionally to incorporate financial and strategic analysis into key business decisions
Analyzes financial data to explain variance drivers, including revenue and gross margin volume/rate/mix analysis

PERSONAL ATTRIBUTES

Results-oriented, with a very strong drive and work ethic and commitment to excellence
Willingness to “roll up your sleeves” and do the work required for success
Outstanding analytic skills, a high degree of intellectual curiosity, and the ability to engage cross-functionally in addressing business issues
Strong communication, collaboration, and interpersonal skills
Ability to excel in a fast-paced dynamic environment
Unquestionable integrity, credibility, and character with a high energy level, a strong work ethic, and a passion for his/her work

EXPERIENCE & EDUCATION

Corporate finance-related experience and/or financial services professional looking to make the transition into corporate finance
Experience in a strategic finance or FP&A function, using financial analyses to inform business decisions
Strategic thinking/business analytical skills
Advanced skills in Excel and PowerPoint and proficiency with BI tools
Experience in a manufacturing environment preferred
Bachelor’s degree candidates in business, accounting, finance, economics, or a related field

About the Company

Lasko Metal Products was founded in 1906 by Henry Lasko in Philadelphia. Lasko designs, manufactures, assembles, and distributes portable fans, heaters, and humidifiers for the consumer market (Lasko brand), air purifiers (Germ Guardian brand), ventilation products such as range hoods and bathroom exhaust fans to the construction industry (Air King brand) and water damage restoration products such as air scrubbers and dehumidifiers (B-Air brand). Lasko’s products are sold in North America, South America, the Caribbean, and Asia. The company is recognized as the leader in the portable fan and portable heating categories and proudly operates American manufacturing, assembly, and distribution facilities across the US. Lasko’s leading market share in fans and heaters is 2X – 4X larger than the #2 brand. Lasko’s domestic production capabilities uniquely position Lasko to serve its customers.

Lasko’s Mission is to improve everyday life with trusted products which create a healthier and more comfortable environment. The company’s success is based on 5 Core Values:

Be Bold:

Challenge the status quo
Courageously pursue the impossible
Reject mediocrity

Be Together

Work together for success
Drive trust and candor with each other
Prioritize "We" before "I"

Be A Leader

Lead with personal conviction
Inspire each other to deliver high- quality results
Leverage resilience and agility to drive excellence

Be Accountable

Consistently deliver to our customers
Embrace commitments as a contract
Take pride in our actions

Be The Change

Demonstrate a passion to win
Make a difference at work in our communities
Step forward and take initiative

The Lasko family owned and operated Lasko Products until November 2016, when private investment firms Comvest Partners and JW Levin Management Partners (“JWLMP”) acquired the business. Comvest Partners and JWLMP are committed to growing the business with investments in growth and productivity.

Geographic Reach

Based in the greater Philadelphia, PA area, Lasko Products operates in locations throughout the US and Canada. The company’s Tennessee, Texas, and Pennsylvania manufacturing facilities produce both indoor and outdoor fans and heaters. The company also sources select products internationally from China, Taiwan, Vietnam, Malaysia, and India. Lasko operates distribution centers in all manufacturing locations plus Nevada and Ohio.

Diversity & Inclusion

Comvest and its portfolio companies recruit, employ, train, compensate and promote regardless of race/national origin, gender/gender identification, sexual orientation, age, disability status, veteran status, religious affiliation, and other protected status. We have a clear vision to be the place where diverse talent wants to come, stay, and do their best work. We know our companies run on the hard work and dedication of our passionate and smart employees. We believe that diversity within an organization creates long-term value for the organization itself and its constituents. Comvest and its portfolio companies are high performing organizations that seeks to hire hard-working and dedicated high performers. While Comvest and its portfolio companies always strive to look at a diverse pool of candidates, we will always choose the most qualified candidate for the job being recruited for, in order to strive for success for both the employee and the firm.

Lasko Products Glassdoor Company Review

3.1