Finance Rotational Analyst Job at MN, Chanhassen, MN

  • MN
  • Chanhassen, MN

Job Description

Finance Rotational Analyst

Job Summary

Compensation: $65,000 - $72,000

The Finance Rotational Analyst is an entry-level, developmental role designed to provide exposure to multiple areas within Finance and Accounting. Through structured rotations, the analyst will gain hands-on experience in Accounts Receivable, Accounts Payable, Pricing, Financial Planning & Analysis (FP&A), and General Accounting.

This role provides a comprehensive understanding of IDI's financial operations while developing analytical, technical, and business acumen skills. Participants will support daily operations, financial analysis, reporting, reconciliations, process improvements, and strategic initiatives/projects across multiple finance functions. The position is intended to prepare high-potential employees for future accounting, finance, and leadership opportunities within the organization.

Responsibilities/Duties

Financial & Accounting Development Program:

Accounts Receivable Rotation

  • Support billing, cash application, customer rebate administration, and customer account maintenance.
  • Assist with customer aging analysis and collection reporting.
  • Partner with branch personnel, credit department and customers to resolve account discrepancies.
  • Analyze receivable trends and identify process improvement opportunities.
  • Support sales tax exemption certificate.

Accounts Payable Rotation

  • Process vendor invoices and ensure proper coding and approvals.
  • Assist with vendor onboarding and maintenance.
  • Participate in weekly payment processing activities.
  • Reconcile vendor statements and resolve discrepancies.
  • Support AP automation initiatives and process improvement projects.
  • Support Concur expense reporting and administration.

Pricing Rotation

  • Assist with customer pricing setup and maintenance within SAP.
  • Analyze pricing requests and margin impacts.
  • Support pricing strategy initiatives and profitability analysis.
  • Prepare reports related to customer pricing, pricing exceptions, and margin performance.
  • Work closely with Sales, Operations, and Finance teams to ensure pricing accuracy.

FP&A Rotation

  • Support budgeting, forecasting, and financial planning processes.
  • Prepare reports and dashboards utilizing PowerBI and other reporting tools.
  • Analyze business performance, trends, and key financial metrics.
  • Assist with quarterly business reviews and management reporting.
  • Participate in financial modeling and special projects.

General Accounting Rotation

  • Prepare journal entries and account reconciliations.
  • Assist with month-end and year-end close activities.
  • Review transactional activity for appropriate accounting treatment.
  • Support external audit requests and financial statement preparation.
  • Assist with sales and use tax compliance, property tax filings, and other accounting responsibilities.

Leadership Competencies

  • Communicates Effectively & Candidly
  • Drives for Results
  • Demonstrates Accountability
  • Takes Initiative
  • Collaborates Across Functions
  • Adapts and Learns Quickly

Qualifications/Skills

Technical Skills

  • Strong understanding of accounting and finance principles.
  • Proficiency in Microsoft Excel, Word, PowerPoint, and Outlook.
  • Ability to learn and navigate ERP and financial reporting systems.

Analytical Skills

  • Strong quantitative and problem-solving capabilities.
  • Ability to work with detailed information while recognizing broader business implications.
  • Ability to analyze trends and communicate findings effectively.

Interpersonal Skills

  • Strong communication and collaboration skills.
  • Ability to build relationships across departments.
  • Demonstrates curiosity, professionalism, and a desire to learn.

Ethical Standards

  • Maintains high ethical standards and confidentiality.
  • Demonstrates integrity in handling financial and business information.

Education/Experience

  • Bachelor's degree in Accounting, Finance, Economics, Business Analytics, or a related field.
  • 0-3 years of professional experience in accounting, finance, analytics, or related business functions.
  • Internship experience in accounting, finance, banking, consulting, or analytics preferred.
  • Experience with SAP, Power BI, or similar systems preferred.

Career Path

  • Successful participants may progress into positions such as:
  • Staff Accountant
  • Financial Analyst
  • Pricing Analyst
  • Accounting Analyst
  • AR/AP/Credit Analyst
  • Finance/Accounting Leadership Development Opportunities

Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

Job Tags

Weekly pay, Internship

Similar Jobs

NBSTSA

Pediatric Surgeon Job at NBSTSA

 ...Johns Hopkins Pediatric Surgery is seeking up to two surgeons to join our busy, dynamic and highly collaborative team. Our group provides the full range of pediatric surgery, and includes pediatric subspecialty programs in pediatric colorectal, fetal, robotic, oncology... 

Allied Universal Inc

Security Officer Armed Patrol Specialist Job at Allied Universal Inc

 ...Overview Allied Universal, North Americas leading security and facility services company, offers rewarding careers that provide you...  ...and customers we serve. Job Description As a Security Officer Armed Patrol Specialist in LOS ANGELES, CA , you will serve... 

ARR Healthcare

Physician (MD/DO) - Oncology - General/Other in New Hampshire Job at ARR Healthcare

 ...CME time. About the Area This area boasts four seasons of outdoor activities, including skiing, hiking, boating,...  ...Opera House, the AVA Gallery, a seasonal Farmer's Market, and summer concerts on the green A population of 15,000 people... 

SHE'S MY DAUGHTER

Fashion Designer Job at SHE'S MY DAUGHTER

 ...hope for women. This line is called WeeBeeFree, which will be fashion's megaphone for muted voices. We want people to purchase the...  ...survivors and to self-worth programs for girls. We are looking for designers to help us with color/cloth selection, logo/artwork placement,... 

Protagonist Therapeutics

Specialist/Senior Specialist, Quality Assurance Job at Protagonist Therapeutics

 ...peptides derived from Protagonist's proprietary discovery platform are at or near commercialization. ICOTYDE (icotrokinra), licensed to Johnson & Johnson company Janssen Biotech, Inc., is the first and only targeted oral peptide that precisely blocks the Interleukin-23...