THE OPPORTUNITY

Independent Electric (IE) is seeking an experienced and energetic finance professional with strong management skills to drive our organization’s financial operations. Ideal candidates possess excellent communication and presentation skills, effectively manage people, lead and execute process improvements, think strategically, maintain a strong controls environment, and have a proven history of delivering results. The position has dual reporting lines to the IE President and Sonepar VP of Finance for West Region.

BUSINESS AND FINANCIAL LEADERSHIP

• Continuous financial review to control and monitor the business and improve its performance.
• Collaborate with other functional leaders and drive process improvement through the organization.
• Understand and help control sales investments, gross margin evolution, and assist other departments in gross margin improvement initiatives.
• Provide accurate, timely and meaningful reporting, including analytics to highlight areas for improvement and cost savings, more specifically ensure a close follow-up of discretionary, adaptable and controllable costs.
• Assess, manage, and minimize risk of accounts receivable and inventory levels to ensure optimal financial performance.
• Ensure that a strong and reliable internal control framework exists in the Company, enhance and adapt it in collaboration with other functional leaders, develop and implement procedures improving the operational excellence of the Company that effectively manage the risks.
• Participate in the creation and implementation of action plans and recommendations made by internal or external auditors or by Sonepar Internal Control team in a timely manner.
• Prepare financial models for strategic initiatives and investments such as branch expansions and relocations, acquisitions, and significant capex investments.
• Provide financial guidance on contracts, agreements, proposals and liaise with Corporate legal department when necessary.
• Communicate and report transparently to the Sonepar VP of Finance for West Region.

FINANCIAL PLANNING & ANALYSIS

• Prepare annual budgets and quarterly forecasts at the Company and branch level, including analysis against actual performance.
• Develop and prepare metrics and reports for operations, regions, and branches.
• Prepare management commentary and financial presentations.
• Support Sonepar FP&A on required reporting and analysis.
• Anticipate and foresee evolution of the financial aspects of the Company, inform management of trends, evolutions, risks and opportunities.

FINANCE OPERATIONS

• Manage and develop the team of local financial operations resources, including the Credit team.
• Enforce all Sonepar policies, ensure controls are in place and operating effectively.
• Manage the T&E and inventory corporate card program within the Concur platform.
• Develop appropriate customer and vendor relationships to manage assets.

ACCOUNTING

• Financial ownership of all accounts.
• Collaborate and maintain a strong relationship with Shared Services and Corporate Finance team.
• Manage internal and external audits of all types.
• Research and resolve accounting issues.
• Development of accounting estimates.

QUALIFICATIONS

• 10+ years of financial management, with experience in distribution industry preferred.

• Bachelor's degree (B.A or B.S.) from a 4-year college or University in Accounting/Finance; With CPA is a plus.

• Proven track record as a leader who can solve problems and resolve conflicts.

• Supervisory experience as direct manager of a department with responsibility for hiring, accountability, performance reviews, team development, etc.

• Self-motivated, curious, and a high sense of urgency.

• Excellent communication and presentation skills.

• Ability to manage effectively in a matrixed organization.

• Must be proficient with Microsoft Office products and ERP systems.  Experience with Eclipse ERP a plus.

ABOUT INDEPENDENT ELECTRIC

IES opened for business in 1976 with only ten employees to serve electrical contractors working in the high-tech aerospace industry. Today we employee over 500 associates, operating 19 branches in Northern California and Arizona, which are supported by Central Distribution Centers in San Leandro, CA and Phoenix, AZ. We serve the broad electrical construction market with dedicated resources specialized in lighting, switchgear, wire management, tools & safety, renewable energy, utility, project design and management, and logistics solutions. IE is a subsidiary of Sonepar USA, part of the global Sonepar family.

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WHAT ARE THE BENEFITS?

401K Plan, Health Insurance (medical, dental, and vision), Paid Vacation, Paid Sick, Paid Personal, Paid Holidays, Flexible Spending Accounts (Health and Dependent Care), Paid Short Term Disability, Long Term Disability, Employee Assistance Program, Tuition Reimbursement, and Employee Discounts.  Also training and development with career path opportunities and annual performance reviews.

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Required Skills Required Experience

• Written and verbal communications, interpersonal skills.
• Basic organizational skills.
• Basic computer skills.
• Demonstrated leadership abilities.
• Patient assessment.
• Clinical education related to specialty.
• Principles of patient/family teaching.