Senior Financial Analyst

Job Description:

Summary:

The Senior Financial Analyst will report to the Division Controller and be responsible for performing financial analysis and preparing business case analysis to understand how business decisions contribute to financial outcomes. This role will partner cross-functionally to support financial strategy, forecasting, and data-driven decision-making across the division. This position requires cross-functional collaboration with Sales, Marketing, and Operations.

Core Responsibilities:

• Work closely with the Sales and Marketing teams to review current and proposed rebate agreements to understand and project the financial impact to the business.
• Analyze and validate customer rebate calculations and assess financial impact on margin and profitability, and communicate changes from forecast, prior year, and prior month/quarter.
• Analyze current and historical sales order trends, by segment and customer, to improve current month sales projections and future sales forecasts.
• Own and maintain the division's monthly forecast, providing analysis of variances and insights into financial performance, and support the financial close process through financial analysis and an assessment of actual vs forecast results.
• Actively participate in the Long Range Plan and Annual Plan process, supporting the Division Controller through cross-functional data collection, financial analysis, and preparation of the segmented P&L.
• Collaborate with cross-functional teams to develop, monitor, and proactively improve key performance metrics.
• Identify opportunities to streamline internal reporting, improve data accuracy, and increase financial awareness, utilizing the division's ERP and PowerBI reporting tools.
• Support the Marketing team in identifying and administering price increases.
• Partner with the R&D and Operations teams to ensure compliance reporting is complete, accurate, and submitted on time.
• Promote and adhere to all safety, environmental, and quality-related policies and procedures.
• Focus on continuous improvement and task/project prioritization by applying the ITW 80/20 principle.
• Act with integrity and trust, operate with simplicity, treat everyone with respect, and apply a shared risk approach.
• Perform other duties as assigned.

Education & Experience:

• Bachelor’s degree in Accounting, Business Administration, or Finance, and 6+ years of related experience.
• Experience in a manufacturing environment preferred.
• Advanced Excel skills required, experience using the full suite of Microsoft Office products preferred.
• Familiarity with PowerBI reporting preferred.
• CPA/CMA certification preferred.

Other Competencies:

• Attention to detail and an ability to analyze large amounts of data efficiently.
• Possess strong analytical skills to develop and interpret quantitative information.
• Possess transactional analysis and modeling skills. 
• Trustworthy in maintaining confidentiality on sensitive financial information.
• Possess creative and intuitive skills to analyze and improve processes and procedures.
• Proficient time management and prioritization skills. Able to adapt to changes or delays.
• Able to work independently and adapt to change.
• Collaborative and able to work in a cross-functional team environment across varying levels of management.  Professional interpersonal skills are essential.
• Takes ownership and drives positive change.
• Excellent verbal, written, and interpersonal communication skills, adjusting communications to various levels of management.

Travel:

Limited travel (<10%) to other division locations may be required at various times throughout the year.

ITW Fluids NA is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.

ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential. 

As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship. 

All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.