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A Transportation Finance Analyst is a key player in optimizing the financial performance of transportation and logistics operations within an organization. This role involves analyzing and interpreting financial data related to transportation costs, budgeting, and forecasting. By evaluating financial performance and identifying cost-saving opportunities, the analyst ensures efficient allocation of resources and improves profitability. Furthermore, a Transportation Finance Analyst collaborates with various departments to develop financial models and supports strategic planning to enhance operational efficiency and organizational growth.
- Bachelor’s degree in Finance, Accounting, Economics, Business Administration, or related field
- Minimum of 3-5 years of experience in financial analysis, preferably within transportation, logistics, or supply chain industries
- Proficiency in financial modeling and forecasting techniques
- Strong analytical and problem-solving skills
- Advanced Excel skills and familiarity with financial and accounting software (e.g., SAP, Oracle, TMS)
- Excellent attention to detail and accuracy in financial data analysis
- Strong communication and interpersonal skills for effective collaboration with cross-functional teams
- Ability to prepare detailed financial reports and present findings to management
- Knowledge of financial regulations and compliance standards related to transportation and logistics
- Experience with cost control, budgeting, and variance analysis
- Ability to work independently and manage multiple tasks simultaneously
- Strong organizational and time management skills
- Experience in preparing and reviewing financial statements
- Knowledge of key performance indicators (KPIs) and metrics specific to the transportation industry
- Ability to provide actionable financial insights and recommendations
- Experience in vendor negotiations and procurement financial analysis
- Familiarity with transportation management systems (TMS) and their integration with financial software
- Ability to conduct periodic financial audits and reviews
- Willingness to train and support junior team members
- Awareness of current industry trends, economic conditions, and regulatory changes affecting transportation and logistics
- Analyze transportation spending and financial performance metrics
- Prepare and review daily, weekly, and monthly financial reports related to transportation costs
- Conduct variance analyses to understand deviations in transportation expenses
- Track and monitor key performance indicators (KPIs) for transportation efficiency
- Collaborate with logistics and transportation teams to identify cost-saving opportunities
- Develop and maintain financial models to project transportation costs and budget forecasts
- Process and verify transportation invoices and ensure timely payment
- Assist in the preparation of quarterly and annual financial statements related to transportation expenditures
- Provide financial insights and recommendations to improve transportation strategy
- Evaluate and report on the financial impact of transportation initiatives and projects
- Support procurement in negotiations by providing financial analysis on vendor performance and cost structures
- Participate in cross-functional meetings to align transportation objectives with financial goals
- Assist in the development and implementation of financial controls and procedures for transportation costs
- Prepare ad-hoc financial reports and analyses as requested by management
- Ensure compliance with all financial regulations and company policies concerning transportation activities
- Conduct periodic audits of transportation financial records and systems
- Use transportation management systems (TMS) and financial software to analyze data and generate reports
- Implement and monitor cost-saving measures and efficiency improvements in transportation logistics
- Train and support junior staff or team members on transportation finance processes and best practices
- Stay updated on industry trends, economic conditions, and regulatory changes impacting transportation logistics
The ideal candidate for the Transportation Finance Analyst role is a highly analytical and detail-oriented professional with a robust financial acumen, particularly within the transportation, logistics, or supply chain industries. With a minimum of 3-5 years of experience in financial analysis and a bachelor’s degree in Finance, Accounting, Economics, Business Administration, or a related field, they possess advanced skills in financial modeling, forecasting, and variance analysis. Proficient in Excel and familiar with financial software such as SAP, Oracle, and TMS, they excel at preparing detailed financial reports and presenting findings to management. Their strong organizational and time management skills enable them to handle multiple tasks independently while maintaining high accuracy and attention to detail. They are an excellent communicator with strong interpersonal skills, capable of effective collaboration with cross-functional teams and providing actionable financial insights. A proactive problem-solver with strategic thinking, they stay updated on industry trends, economic conditions, and regulatory changes impacting transportation logistics. Committed to process improvement and cost-saving initiatives, they display high ethical standards and compliance commitment. Additionally, their capability to mentor and develop junior team members, coupled with strong negotiation skills for vendor management, sets them apart as a valuable team player with a collaborative mindset.
- Analyze transportation spending and financial performance metrics
- Prepare and review daily, weekly, and monthly financial reports related to transportation costs
- Conduct variance analyses to understand deviations in transportation expenses
- Track and monitor key performance indicators (KPIs) for transportation efficiency
- Collaborate with logistics and transportation teams to identify cost-saving opportunities
- Develop and maintain financial models to project transportation costs and budget forecasts
- Process and verify transportation invoices and ensure timely payment
- Assist in the preparation of quarterly and annual financial statements related to transportation expenditures
- Provide financial insights and recommendations to improve transportation strategy
- Evaluate and report on the financial impact of transportation initiatives and projects
- Support procurement in negotiations by providing financial analysis on vendor performance and cost structures
- Participate in cross-functional meetings to align transportation objectives with financial goals
- Assist in the development and implementation of financial controls and procedures for transportation costs
- Prepare ad-hoc financial reports and analyses as requested by management
- Ensure compliance with all financial regulations and company policies concerning transportation activities
- Conduct periodic audits of transportation financial records and systems
- Use transportation management systems (TMS) and financial software to analyze data and generate reports
- Implement and monitor cost-saving measures and efficiency improvements in transportation logistics
- Train and support junior staff or team members on transportation finance processes and best practices
- Stay updated on industry trends, economic conditions, and regulatory changes impacting transportation logistics
- Highly analytical and detail-oriented
- Strong financial acumen and understanding of transportation/logistics finance
- Proactive problem solver with strategic thinking
- Excellent communicator with strong interpersonal skills
- Self-motivated and able to work independently
- Adept at multi-tasking and managing multiple priorities
- Team player with collaborative mindset
- Adaptable to changing environments and situations
- Strong organizational and time management skills
- Continuous learner with a keen interest in industry trends and developments
- Committed to process improvement and cost-saving initiatives
- Ability to simplify complex financial data for clear reporting
- High ethical standards and commitment to compliance
- Ability to mentor and develop junior team members
- Strong negotiation skills for effective vendor management
- Competitive salary range: $80,000-$100,000 per year
- Comprehensive health, dental, and vision insurance
- 401(k) retirement plan with company match
- Paid time off (PTO) including vacation, sick leave, and holidays
- Flexible work schedule and options for remote work
- Professional development and career advancement opportunities
- Tuition reimbursement for further education and certifications
- Employee wellness programs and resources
- Company-sponsored training and certifications
- Relocation assistance (if applicable)
- Performance-based bonuses and incentives
- Subsidized transportation and commuting benefits
- Access to company fitness center and wellness programs
- Employee assistance programs (EAP) for personal and family support
- Life and disability insurance coverage
- Employee recognition and award programs
- Casual dress code and inclusive work environment
- Company social events and team-building activities
- Discounted company products/services (if applicable)
- Membership to professional organizations and industry associations
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