About Us:
Newbury Franklin Industrials (“NFI”) is the industrial distribution and manufacturing platform of Newbury Franklin, a private equity firm focused on long-term holdings. NFI’s team comprises highly motivated and entrepreneurial individuals looking to make a direct impact in the company’s growth and execution of the long-term strategy. NFI is a “one-stop shop” industrial distribution platform offering thousands of unique products, a digitally native ethos with an internally developed e-commerce layer, and operating subsidiaries located across the US including metal, plastic, and rubber parts manufacturers. Our long-term strategy is to build and grow an industrial powerhouse via both organic growth and acquisitions. To this end, NFI is supported by long-term committed equity and debt capital.
About the Role:
We’re looking for a Corporate Development Analyst to support Newbury Franklin Industrials in the sourcing, evaluation, and execution of new investments as well as assisting the CFO with Financial Planning and Analysis (FP&A) including financial reporting, business analysis, and financial forecasting. Reporting directly to the CFO and working in partnership with the Sponsor Newbury Franklin, this is a unique opportunity to elevate your career with visibility and mentorship from senior leaders and direct involvement in strategic, company-wide decisions.
Duties/Responsibilities:
Build detailed 3-statement financial models to assess investment opportunities including pro-forma analysis of acquisition candidates
Analyze company financial statements, performance metrics, and investment metrics to drive quantitative due diligence and inform valuation
Incorporate business due diligence findings and assumptions accurately and reasonably into the financial analysis
Coordinate deal process including coordination of functional due diligence conducted by NFI’s functional executives, 3rd party due diligence (e.g. QoE, legal, tax, etc), and management of data room
Participate in management meetings, site visits, expert calls, etc.
Synthesize results of quantitative and qualitative business diligence into Investment Memos for presentation to NFI’s board.
Prepare Letters of Intent (LOI) as required
Assist in preparing and maintaining accurate financial reporting including 3-statements and analysis of financial covenants. Own the master model and support the roll-up consolidation of financials from all subsidiaries as part of month-end close.
Assist in preparation of analysis and forecasting for communication with NFI’s board, investors, and creditors. Prepare Board Meeting materials as needed by CFO.
Assist in financial budgeting and forecasting including a comparison and analysis of performance vs. budget and forecasting future periods.
Assist as needed in conducting financial analysis to drive business intelligence and decision making
Required Skills/Abilities:
2 years of experience in investment banking, private equity, private credit, or as a financial analyst is preferred
A high degree of proficiency in Microsoft Excel including 3-statement financial modelling
Excellent financial and quantitative skills with attention to detail
Strong technical knowledge of accounting and financial statement reporting
Ability to work in a fast-paced, entrepreneurial environment
Excellent administrative, management, and communication skills
Bachelor’s Degree in business, economics, finance, accounting, or a related major or equivalent professional experience is required.
Expectations:
Communicate transparently and efficiently about good and bad news. Operate with no surprises.
Diligently double check work and ensure high quality, error free analyses.
Own your workstream. Independently prioritize and drive execution.
Be proactive and curious about identifying challenges and opportunities before they become readily apparent
Be open to receiving and providing feedback
Benefits include:
401(k) with employer match
Medical, dental, vision, short-term and long-term disability, and life insurance benefits
Paid time off
Performance-based annual bonus
This is a remote position.