Financial Analyst

Company Overview

For more than 70 years, TBC Corporation has been a leader in the mobility industry and one of North America’s largest marketers and distributors of automotive replacement tires through wholesale operations. Additionally, TBC responds to the needs of consumers in search of total car care at nearly 470 franchised tire and automotive service centers under the award-winning Big O Tires® brand. TBC is headquartered in Palm Beach Gardens, Florida.

With $5 billion in revenue and more than 3,000 employees in the U.S. and Mexico, TBC markets on a wholesale basis to regional tire chains and distributors serving independent tire dealers and with proprietary brands of tires specializing in passenger, commercial, farm and specialty tires. In 2005, TBC Corp. was purchased by Sumitomo Corporation of America (SCOA). SCOA is the largest subsidiary of Sumitomo Corporation, one of Japan’s major integrated trading and investment business enterprises. In 2018, Michelin, the largest tire manufacturer in Europe, invested in the company which is now a 50:50, privately held joint venture between Sumitomo and Michelin.

Our values are the foundation of our work, how we interact with each other, and the strategies we employ to fulfill our purpose. These are the practices we use every day – in everything we do:

• Integrity - We act honestly because nothing is more important than our reputation.
• Teamwork - We are better together.
• People-Focused - We put people first – our Associates, customers, franchisees, and partners – and cultivate a respectful, collaborative, and inclusive culture, top to bottom, inside and out.
• Accountability - We own our actions and decisions; we do what we say we are going to do.
• Leave Everything Better - We innovate to improve everything we touch, and we take actions now to protect the future.       

Description

The Financial Analyst serves as a strategic finance partner to business leaders managing large and complex budgets, providing insight and actionable recommendations. This role is responsible for forecasting, budgeting, long-range planning, financial analysis, and investment evaluation, with a strong focus on proactively identifying cost reductions, productivity improvements, and opportunities to improve financial performance.

The successful candidate will develop a deep understanding of business operations and cost drivers, challenge assumptions, translate financial and operational data into clear, concise, executive-ready insights recommendations, and partner with senior leadership to drive measurable results.

Responsibilities

• Serve as a proactive financial business advisor to senior leaders responsible for significant operating budgets.
• Build credibility and strong working relationships across Finance and functional leadership, becoming a go-to finance partner for business decisions rather than solely a source of financial reporting.
• Assist the FP&A leadership with consolidation of the weekly/quarterly/annual forecasting and long-range planning process for $130M of G&A spend.
  • Grasp of inflationary headwinds
  • Understand inefficiencies and drive process improvement
  • Report outcomes to senior leadership with clear understanding

Additional Responsibilities

• Lead forecasting, budgeting, and long-range planning, incorporating operational drivers, inflation, contractual increases, workforce changes, and business initiatives.
• Identify and quantify cost reduction, productivity, process improvement, and resource optimization opportunities through financial analysis, benchmarking, and operational KPIs.
• Partner with business leaders to develop and execute savings initiatives and track results to ensure anticipated financial benefits are realized.
• Analyze actual and forecasted results, identify key drivers of variance, and proactively communicate risks, opportunities, and recommended actions to senior leadership

Continued Responsibilities

• Lead monthly financial reviews with senior leadership, highlighting business performance, anomalies, emerging trends, and opportunities for improvement.
• Develop financial models and business cases using ROI, payback, cash flow, scenario analysis, and other appropriate investment metrics.
• Partner with leadership to establish KPIs for major investments and initiatives and evaluate actual results against approved business cases.
• Develop financial targets using historical performance, operational KPIs, business trends, and strategic initiatives.

Added Responsibilities

• Partner with Accounting to ensure appropriate expense recognition, accruals, capitalization, and forecast accuracy.
• Evaluate the financial and operational impacts of proposed business changes, including upstream and downstream implications.
• Develop executive-level financial presentations that translate complex analysis into clear insights and recommendations.
• Identify opportunities to improve FP&A processes, reporting, analytics, and financial visibility.
• Build strong relationships across Finance and the business while constructively challenging assumptions and driving financial accountability.
• Independently lead financial analyses and cross-functional projects with limited supervision.
• Perform strategic and ad hoc financial analysis as required.

Qualifications

• Four Year Degree – Finance or related field
• 3+ years of progressive FP&A, corporate finance, or related analytical experience preferred
• Strong knowledge of financial analysis and accepted accounting principles
• Advanced financial modeling and analytical capabilities, with the ability to integrate financial and operational data, identify trends and drivers, and develop actionable business insights.
• Advanced Microsoft Office Skills Required – knowledge of advanced spreadsheet functions utilizing Excel for complex financial modeling, and PowerPoint
• Accustomed to a fast-pace / ad hoc environment
• Data relationship & mining experience a plus – experience using any of the following: Microsoft SQL, Teradata, Alteryx, Tableau, Microsoft Power BI, Oracle Smartview
• Excellent analytical and problem-solving skills
• Exceptional written and verbal communication skills, with demonstrated ability to translate complex financial and operational information into clear, succinct, executive-level insights.
• Accountable for complete, accurate, and timely work
• Ability to work well within a team environment as well as independently as the situation demands
• Highly Organized, Attention to Detail, Results-Oriented
• Ability to balance multiple priorities, distinguish critical business issues from routine analysis, and focus resources on areas with the greatest financial and strategic impact.
• Willingness to learn and embrace change
• Creative – ability to take complex / unprecedented problem and propose solutions
• Exhibits high sense of urgency
• Bilingual in Spanish /English is a plus

Qualifications Added

TBC Mission Critical Competencies

TBC seeks team members who excel in demonstrating our critical competencies to drive organizational capability. In this spirit we view the following as mission critical for this role:

• Strategic Mindset: seeing ahead to future possibilities and translating them into breakthrough strategies.
• Action Oriented: Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
• Cultivates Innovation: Creating new and better ways for the organization to be successful.
• Collaborates: Building partnerships and working collaboratively with others to meet shared objectives
• Customer Focus: Building strong customer relationships and delivering customer-centric solutions.
• Develops Talent: Developing people to meet both their career goals and the organization's goals.
• Ensures Accountability: Holding self and others accountable to meet commitments.
• Drives Engagement: Creating a climate where people are motivated to do their best to help the organization achieve its objectives.
• Communicates Effectively: Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.
• Instills Trust: Gaining the confidence and trust of others through honesty, integrity, and authenticity.
• Change Management: effective Sponsorship, Change Agent and influencing skills. Adaptive, agile, flexible, open minded. Proven ability to build cross-functional commitment, lead, simplify and scale complex dynamic organizations through transformational change.

Benefits

• Market competitive compensation
• 401(k) and Roth with company match. Immediate 100% vesting
• Comprehensive benefits including medical, dental and vision
• Company paid short term disability and employer subsidized long term disability
• Company paid life insurance
• Discounted tire purchasing
• Tuition reimbursement
• Employee assistance program
• Generous paid vacation and paid time off
• Customizable voluntary benefits
• and More!!!