Ryder System Senior Financial Analyst in Minneapolis, Minnesota
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The Senior Financial Analyst/Finance Business Partner will provide analytical, data mining and finance support to Ryders Maintenance Operations team, reporting to the Group Director FMS Finance. This position will provide support directly to the Chief of Operations, VP(s) Operations and Group Director(s) Operations working along with our Data Analytics COE and Field Finance teams. The candidate must provide support in a timely and organized manner as the analysis is utilized to maximize returns for the organization. Duties include developing budgets and forecast, as well as periodic analysis of actual results for presentation to Senior Leadership. Additionally, this position supports Ryder's achievement of it's $100M maintenance initiative goals for reducing variable costs.
REMOTE work from HOME
Consolidate, prepare and analyze financial data to understand cause-and-effect relationships and identify root causes. Will be expected to perform a broad spectrum of operation analysis which will include data gathering/extraction from Ryder's various IT systems and performing analysis of the data. Will be expected to be able to arrive at conclusions and give recommendations to senior management on the information obtained.
This position will provide statistical, financial and analytical support to Ryder’s fleet of 97,000 Lease and 25,500 Rental vehicles and 29,000 RPM vehicles.
Assist in developing statistical models for computing the company’s operating cost at the vehicle and component level (e.g. tires, engine, transmission, brakes, etc.), terminal value of the vehicle, terminal life of the vehicle (Rental & Lease), and the optimal holding period for the vehicle.
Assist in monthly forecast of the main cost drivers, like running costs, depreciation and interest for the three main product lines in FMS North America.
Assist in understanding the cost parameters of the FMS Business model including labor, running costs and fixed costs among others.
Assist in developing forecasting models to predict Revenue, Operating and Fixed costs and Disposals to assist Operational Analysis, Finance and Asset Management in planning new business and developing the Fleet Management Solutions business Plan.
Assist in presenting analysis results, operational data and forecasts in written and verbal formats to senior leadership.
Ability to arrive at conclusions and give recommendations to senior management on information obtained.
Identify data sources and best methods to carry out analysis
Recommend best approaches to building financial and operational models.
Perform other duties as assigned
Skills and Abilities
Demonstrates analytical skills
Strong analytical, organizational and problem-solving skills
Ability to present information and ideas clearly and understandably to others
Strong presentation skills
Strong verbal and written communication skills
Ability to create and maintain professional relationships within all levels of the organization (peers, work groups, customers, supervisors)
Ability to influence internal and/or external constituents
Ability to interact with and influence senior management
Ability to work independently and as a member of a team
Performs work independently with minimal supervision
Self-starter with ability to derive innovative solutions with little direction
Flexibility to operate and self-driven to excel in a fast-paced environment
Capable of multi-tasking, highly organized, with excellent time management skills
Detail oriented with excellent follow-up practices
Bachelor's degree required in Engineering, Statistics, Math or equivalent
Master's degree preferred MBA
Four (4) years or more relevant experience required
Four (4) years or more experience in Corporate Finance, Applied Statistical Analysis or Transportation Industrial Engineering preferred
Four (4) years or more experience in the use of SAS preferred
Four (4) years or more proficiency in programming and/or relational database design/query, SQL preferred
DOT Regulated: None
Our people are passionate about what they do, the product they sell, and the customers they serve. If you're looking for an opportunity to be an opportunity to be a part of a work family that values collaboration, innovation and dedication, we're the right company for you.
Job Category: Financial Analysis
Ryder is proud to be an Equal Opportunity Employer and Drug Free workplace. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, among other things, or status as a qualified individual with disability.