Lasko Products

FP&A Analyst

Job Description

Posted on: 
March 21, 2024
Lasko Products, an industry leader of home environment products for over 100 years, is seeking a Financial Planning & Analysis Analyst for our West Chester, PA headquarters.

Reporting to the Director of FP&A, the Analyst position performs a variety of project-oriented tasks to support the financial and strategic needs of Lasko. This position is responsible for organizational financial reporting, budgeting, forecasting, sales analysis, strategic planning and capital planning. Concurrently, it ensures consistency with the business strategy, consistency and alignment across projects, as well as customer satisfaction and results.

Duties And Responsibilities

  • Supports monthly, quarterly and annual financial reporting processes including analysis, interpretation and communication of results.
  • Participates in annual strategic planning and budgeting, periodic forecasting, and management reporting processes.
  • Helps develop effective reports, presentations, and analysis for use by management and external stakeholders.
  • Helps create appropriate metrics/KPI’s, reporting tools, and dashboards that give insight into the performance of the business.
  • Assist in analyzing variances within Business Unit revenue, gross margin, & SG&A to provide an understanding of drivers, and determine impacts to the P&L.
  • Assist in developing month end volume/rate/mix analysis and provide commentary for Business Partners
  • Partner with Accounting to review & assist in month end close process
  • Work with Supply Chain Finance and Business Unit Leads to analyze costs of proposed items within the new product development process.

PERSONALITY AND LEADERSHIP CHARACTERISTICS

  • High level of attention to detail and ability to verify accuracy of work via reconciliations.
  • Ability to effectively communicate with others across the business both verbally and in writing.
  • Willingness and desire to collaborate with partners cross-functionally.
  • Ability to confidentially maintain and secure company, department, and employee information in a professional and highly ethical manner.
  • Results-oriented, with a very strong drive and work ethic and commitment to excellence.
  • Willingness to “roll up your sleeves” and do the work required for success.
  • Outstanding analytic skills, a high degree of intellectual curiosity, and the ability to engage cross-functionally in addressing business issues.
  • Strong communication, collaboration and interpersonal skills.
  • Ability to excel in a fast-paced dynamic environment.
  • Ability to work effectively with people regardless of their age, gender, race, ethnicity, religion, or job type.
  • Unquestionable integrity, credibility, and character with a high energy level, a strong work ethic, and a passion for his/her work.

Experience & Qualifications

  • 0-3 years of corporate finance-related experience and/or financial services/accounting professional looking to make transition into corporate finance.
  • Not necessary but a preference if applicant has experience working with or at a PE organization in a strategic finance or FP&A function
  • Strategic thinking / business analytical skills
  • Experience working with large data sets and can demonstrate advanced skills in Excel and Power Point and proficiency with BI tools
  • Experience in a Consumer Products and/or manufacturing environment preferred
  • Bachelor’s degree in business, accounting, finance or Economics or a related field
  • Candidate must be available to work on-site according to team & organization guidelines

About The Company

Lasko Metal Products was founded in 1906 by Henry Lasko in Philadelphia. Lasko designs, manufactures, assembles, and distributes portable fans, heaters, and humidifiers for the consumer market (Lasko brand), air purifiers (Germ Guardian brand), ventilation products such as range hoods and bathroom exhaust fans to the construction industry (Air King brand) and water damage restoration products such as air scrubbers and dehumidifiers (B-Air brand). Lasko’s products are sold in North America, South America, the Caribbean, and Asia. The company is recognized as the leader in the portable fan and portable heating categories and proudly operates American manufacturing, assembly, and distribution facilities across the US. Lasko’s leading market share in fans and heaters is 2X – 4X larger than the #2 brand. Lasko’s domestic production capabilities uniquely position Lasko to serve its customers.

Lasko’s Mission Is To Improve Everyday Life With Trusted Products Which Create a Healthier And More Comfortable Environment. The Company’s Success Is Based On 5 Core Values

  • Be Bold:
    • Challenge the status quo
    • Courageously pursue the impossible
    • Reject mediocrity
  • Be Together
    • Work together for success
    • Drive trust and candor with each other
    • Prioritize "We" before "I"
  • Be A Leader
    • Lead with personal conviction
    • Inspire each other to deliver high- quality results
    • Leverage resilience and agility to drive excellence
  • Be Accountable
    • Consistently deliver to our customers
    • Embrace commitments as a contract
    • Take pride in our actions
  • Be The Change
    • Demonstrate a passion to win
    • Make a difference at work in our communities
    • Step forward and take initiative
The Lasko family owned and operated Lasko Products until November 2016, when private investment firms Comvest Partners and JW Levin Management Partners (“JWLMP”) acquired the business. Comvest Partners and JWLMP are committed to growing the business with investments in growth and productivity.

Geographic Reach

Based in the greater Philadelphia, PA area, Lasko Products operates in locations throughout the US and Canada. The company’s Tennessee, Texas, and Pennsylvania manufacturing facilities produce both indoor and outdoor fans and heaters. The company also sources select products internationally from China, Taiwan, Vietnam, Malaysia, and India. Lasko operates distribution centers in all manufacturing locations plus Nevada and Ohio.

Diversity & Inclusion

Comvest and its portfolio companies recruit, employ, train, compensate and promote regardless of race/national origin, gender/gender identification, sexual orientation, age, disability status, veteran status, religious affiliation, and other protected status. We have a clear vision to be the place where diverse talent wants to come, stay, and do their best work. We know our companies run on the hard work and dedication of our passionate and smart employees. We believe that diversity within an organization creates long-term value for the organization itself and its constituents. Comvest and its portfolio companies are high performing organizations that seeks to hire hard-working and dedicated high performers. While Comvest and its portfolio companies always strive to look at a diverse pool of candidates, we will always choose the most qualified candidate for the job being recruited for, in order to strive for success for both the employee and the firm.
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