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Financial Analyst

Medina, MN
Posted on may 23, 2024 Full time R23063
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At Polaris Inc., we have fun doing what we love by driving change and innovation. We empower employees to take on challenging assignments and roles with an elevated level of responsibility in our agile working environment. Our people make us who we are, and we create incredible products and experiences that empower us to THINK OUTSIDE.

JOB SUMMARY:

Join a dynamic team that works cross-functionally to enhance rider experience and promote brand loyalty. You will be a principal contributor to Financial Services’ goals by being responsible for the financial activities of Polaris Acceptance, a joint venture to provide dealer floor financing, and North 54, a captive insurance company to self-insure financial products. You will work closely with internal and external partners to identify opportunities to improve existing programs as well as help develop new opportunities in a fast-growing market. The individual in this role will be required to understand business requirements and drive robust modeling, analytics, and reporting for both businesses.

ESSENTIAL DUTIES & RESPONSIBILITIES:

Polaris Acceptance

  • Develop standardized monthly reporting and provide financial modeling and analysis to improve product line quarterly and annual forecasting.

  • Act as single point-of-contact to Polaris Acceptance sales and operations team to communicate results of research and resolution of open invoice/credit issues.

  • Listen, gather, and analyze dealer feedback to drive customer service improvements.

  • Ensure the efficient use of all available portfolio management tools.

North 54 / Financial Products

  • Perform month-end prep, close activities, and controls, including but not limited to workbook preparation, financial statement review, variance analysis, cash transfers/wires, account reconciliations, and journal entries.

  • Construct quarterly and annual financial forecasts, budgets, and long-range plans for financial products and North 54.

  • Ensure financial integrity of data transfers and flows between systems and to/from external partners.

  • Act as lead and point-of-contact for financial products for the consolidated audit and North 54 captive audit.

  • Provide analytical research and support in helping develop new financial products and services.

General

  • Provide analysis of key performance drivers to internal and external partners.

  • Responsible for maintenance, documentation, and compliance of Financial Services SOX controls.

  • Identify lean initiatives to streamline administrative functions utilizing analytic tools (Alteryx, Power BI, Snowflake, etc.)

  • Ability to think independently and proactively bring best-in-class solutions to the table and be willing to drive those solutions across the finish line.

  • Drive performance by assessing the impact of changing business conditions and benchmarking competitors.

  • Perform ad hoc financial analysis and miscellaneous projects as requested by functional or finance leadership.

SKILLS, KNOWLEDGE & EDUCATION:

  • Bachelor’s degree in Accounting and/or Finance

  • 2+ years of experience in business environment; powersports or financial services experience preferred

  • Strong organizational and analytical skills, experience with forecasting and understanding complex business model

  • Ability to be an integral part of a strong team, strong problem solving and attention to details

  • Ability to research, analyze and make recommendations under pressure to team members

  • Excellent written, verbal communication and listening skills and ability to articulate thoughts and ideas

  • Experience managing third-party vendor/partner relationships

  • Strong knowledge of Microsoft Office, Alteryx, Power BI, Snowflake, MAPICS, OneStream

WORKING CONDITIONS:

  • Standard office environment with some travel as needed.

  • Hybrid work model based on business needs.

#LI-GR1

#LI-Hybrid

This position is not eligible for sponsorship

We are an ambitious, resourceful, and driven workforce, which empowers us to THINK OUTSIDE.  Apply today!

At Polaris we put our employees first, by offering a holistic approach to their health and financial wellbeing.  Polaris is proud to offer competitive compensation, including a market-leading profit-sharing plan that is fundamental to our pay-for-performance culture. At Polaris, employees are owners of the company through company contributions to our Employee Stock Ownership Plan and discounted employee stock purchases plan. Employees receive a generous matching contribution to 401(k), financial wellness education and consultation to plan for their financial future. In addition to competitive pay, Polaris provides a comprehensive suite of benefits, including health, dental, and vision insurance, wellness programs, paid time off, gym & personal training reimbursement, life insurance and disability offerings.  Through the Polaris Foundation and our Polaris Gives paid volunteer time off, we support employees who actively volunteer their time, efforts, and passions to improve the health and wellbeing of the communities in which they live, play and work. Employees at Polaris drive our success and are rewarded for their commitment.

About Polaris

As the global leader in powersports, Polaris Inc. (NYSE: PII) pioneers product breakthroughs and enriching experiences and services that have invited people to discover the joy of being outdoors since our founding in 1954. Polaris' high-quality product line-up includes the Polaris RANGER®, RZR® and Polaris GENERAL™ side-by-side off-road vehicles; Sportsman® all-terrain off-road vehicles; military and commercial off-road vehicles; snowmobiles; Indian Motorcycle® mid-size and heavyweight motorcycles; Slingshot® moto-roadsters; Aixam quadricycles; Goupil electric vehicles; and pontoon and deck boats, including industry-leading Bennington pontoons. Polaris enhances the riding experience with a robust portfolio of parts, garments, and accessories. Proudly headquartered in Minnesota, Polaris serves more than 100 countries across the globe.  www.polaris.com  

EEO Statement


Polaris is an Equal Opportunity Employer and will make all employment-related decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, marital status, familial status, status with regard to public assistance, membership or activity in a local commission, protected veteran status, or any other status protected by applicable law.