Financial Analyst

Nortek Air Solutions, LLC; Illinois; Hybrid; USD 65,000 - 90,000; Full time

Benefits offered by this job

Health insurance

Dental insurance

Vision insurance

Life insurance

STD

LTD

FSA

HAS

401(k) Plan with company contributions

Benefits start day one

Air-conditioned work environment

401K match

First year, 4 weeks' vacation (accrued

Job summary

Nortek Data Center Cooling, a Madison Industries company, is seeking a Financial Analyst to deliver rigorous financial reporting and profitability analysis for the Nortek Data Center Cooling team. You will partner with project management, engineering, sourcing, and commercial teams to drive actionable insights and strategic decisions.

The role focuses on material costs, gross margin drivers, and product profitability, with responsibility for cost modeling, variance analysis, and ad hoc analyses

Qualifications

• Bachelor’s degree in Finance, Accounting, or Data Analytics.
• Minimum of 1+ years of experience in financial analysis within a manufacturing environment.
• Advanced Excel skills and strong understanding of income statement, balance sheet, and cash flow measures.

Responsibilities

• Own product and customer profitability analysis through gross margin and material costs.
• Collaborate with Commercial, Operations, Engineering, Supply Chain, and Finance teams to identify margin drivers and opportunities.
• Develop costing models, customer profitability analyses, and margin reporting tools for strategic pricing decisions.
• Perform variance analysis on material costs and drive corrective actions with cross-functional teams.
• Prepare weekly and monthly material margin, cost, and profitability reports for leadership.

Skills

Analytical thinking

Financial analysis

Cross-functional

Education

Bachelor’s degree in Finance or Accounting

Tools

Power BI

Syteline

SAP ERP

Planful

Job description

Maximize your potential. Minimize your footprint. Nortek Data Center Cooling is a Madison Industries company. Madison Industries is one of the largest and most successful privately held companies in the world and has a robust portfolio of indoor air quality solutions. Madison builds entrepreneurially driven, branded market leaders that are committed to making the world safer, healthier and more productive by creating innovative solutions that deliver outstanding customer value. At Nortek Data Center Cooling, we’re shaping the future by Creating a Better Tomorrow Every Day! We are a premier HVAC company offering energy efficient and sustainable products and solutions that exceed customer expectations through our employees’ commitment to quality, customer experience and operational excellence.

Nortek Data Center Cooling. is an equal employment opportunity and affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, protected veteran status, sexual orientation, gender identity, status as a qualified individual with a disability or any other characteristic protected by law.

Nortek Air Management and its divisions offer a comprehensive compensation and benefits package. Our benefits package includes Health, Dental, Vision, Life, STD, LTD, FSA, HAS and 401(k) Plan with company contributions.

Other Benefits

• Making NexGen Products - Cooling the World's Ever Expanding Data Centers
• Airconditioned work environment
• Benefits start day one
• 401K match
• First year, 4 weeks' vacation (accrued)

The Financial Analyst will provide financial reporting and analysis for the Nortek Data Center Cooling team, primarily focused on material cost & product profitability. This position is critical to support the business team with timely, accurate reporting with a clear understanding of key drivers of profitable growth and operating trends in the business. This role will partner with local project management, engineering, sourcing & commercial teams while providing regular reporting/analysis to both Nortek & Madison Air leadership.

Job Responsibilities

• Own product and customer profitability analysis through gross margin, providing clear visibility into material costs, manufacturing costs, and margin performance
• Partner with Commercial, Operations, Engineering, Supply Chain, and Finance teams to analyze gross margin drivers, identify risks and opportunities, and recommend actions to improve profitability
• Develop and maintain product-level costing models, customer profitability analyses, and margin reporting tools that support strategic pricing and commercial decision-making
• Perform detailed variance analysis on material costs, identifying root causes and driving corrective actions with cross-functional stakeholders
• Prepare and distribute weekly and monthly material margin, cost, and profitability reports for business and finance leadership, highlighting key trends and actionable insights
• Monitor cost changes across products and projects, proactively identifying opportunities for cost reduction, margin expansion, and design-to-cost initiatives
• Support annual operating plans, forecasts, and long-range planning processes through detailed cost and gross margin modeling
• Lead ad hoc financial analyses and special projects focused on profitability enhancement, operational efficiency, and strategic business growth

Position Key Attributes

• Has a Bias for Action and is willing to take on complex and challenging projects
• Has integrity, works transparently and recognized for treating others with respect
• Takes accountability to create and execute solutions that deliver desired results and can "own it" in a Performance Driven Culture
• Comfortable in fast-paced and quickly changing industry "I was there when" mindset ready to challenge themselves professionally
• Can thrive in a "legacy now" culture in which we strive to do the right thing for the company today, even if it is the hard thing, and leave behind a stronger company for the next generation of employees

Job Qualifications

• Bachelor’s Degree in Finance, Accounting, or Data Analytics.
• Minimum of 1+ years of experience in financial analysis within a manufacturing environment.
• Advanced Excel skills (e.g., pivot tables, formulas, lookups, analytics, and effective model building)
• Solid understanding of income statement & balance sheet with extensive understanding of cash flow measures, and how each interrelates
• Knowledge and background of general accounting, financial analysis and forecasting
• Attention to detail and ability to reconcile complex data sets.
• Analyses and reports must tie out to source data.
• A critical eye with strong problem solving and communication skills
• Ability to present complex data sets in a simple, easy to understand way.
• Ability to navigate system-limitation obstacles to create value-added reports
• Ability to multi-task, establish priorities and organize efficiently.
• Ability to coordinate efforts across a complex multi-plant environment
• Ability to travel as needed by the business
• Hands on experience with the systems listed below is a plus: Power BI and business intelligence tools.
• Syteline or SAP ERP Systems Planful software
• Experience with cost accounting/standard costing in a manufacturing environment is a plus

Who we are

Cooling the Cloud. Protecting the Planet Nortek Data Center Cooling builds the systems that keep modern data centers running from liquid cooling to large-scale air solutions. Our work supports some of the world’s most demanding AI and hyperscale environments, and we solve those challenges with engineering depth and practical execution. We keep things simple here. We communicate early, stay close to the details, and follow through. When issues come up, we address them directly, not with layers of process. Customers count on us because we do what we say and we keep projects moving. Our culture is hands‑on and collaborative. People take ownership, move quickly, and help each other. If you like working with teammates who are straightforward and accountable, you'll feel at home. With the backing of Madison Air, we have the scale, stability, and manufacturing footprint to support complex, high-growth programs.

We offer a comprehensive compensation and benefits package. Our benefits package includes Health, Dental, Vision, Life, STD, LTD, FSA, HAS and 401(k) Plan with company contributions.

Nortek Data Center Cooling. is an equal employment opportunity and affirmative action employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, protected veteran status, sexual orientation, gender identity, status as a qualified individual with a disability or any other characteristic protected by law.

Why Join Us?

Join a rapidly growing organization driving the future of high-performance data center infrastructure. As a Financial Analyst, you will play a