Financial Analyst

Illinois Tool Works, Inc.; San Luis Obispo (CA); On-site; USD 75,000 - 95,000; Full time

Job summary

Illinois Tool Works, Inc. in California is seeking a Financial Analyst for ITW Global Tire Repair to develop, maintain, and distribute key financial reports, analyze operations, and support the Company’s Strategic Plan.

You will prepare operating budgets, executive presentations, and ad-hoc analyses, with emphasis on cost control, productivity, and continuous improvement across functions.

Qualifications

• Bachelor’s degree in Accounting, Finance, Business Administration or related field.
• 3+ years of accounting experience, preferably supporting a manufacturing operation.
• Working knowledge of general ledger functions and US GAAP.
• Excel and Microsoft Office Suite proficiency; Power BI experience is a plus.
• Experience creating dashboards and KPIs using analysis/data visualization tools.

Responsibilities

• Report, analyze and forecast financial, economic, and other data for strategic and operational decisions.
• Analyze economic indicators to forecast and study the company’s short-, mid-, and long-term position.
• Drive cost-effectiveness, productivity, and process simplification through Continuous Improvement and ITW Toolbox.
• Conduct and document financial analyses related to Capex or other initiatives.
• Support monthly close processes and reporting; prepare ad-hoc analyses as requested.
• Prepare executive presentations and maintain financial reports; support budgeting and variance tracking.

Skills

Communication skills

Analytical thinking

Detail oriented

Team player

Education

Bachelors in Accounting/Finance

Tools

Excel

Power BI

JDE ERP

Job description

Job Description

Are you looking to grow or advance your career with a company that will support you to reach your full potential?

About Us

We're committed to investing in our people and aim to support our colleagues in their development and long-term career growth with ITW. Our decentralized, entrepreneurial culture empowers you to think and act like a business owner. We aspire for everyone to perform to their full potential and value the unique and diverse perspectives, experiences and ideas that makes us better together. The ITW Business Model gives us the tools to focus on what's most important, and we're grounded in our values of Integrity, Simplicity, Trust, Respect and Shared Risk. We're proud of what we do and even more proud of how we do it.

Position Summary

ITW Global Tire Repair is seeking a Financial Analyst who will develop, maintain, and distribute key financial and analytical reports. The job will analyze business operations with a strong emphasis on report writing, tracking progress on the Company’s Strategic Plan, assisting in preparing and monitoring operating budgets, preparing executive presentations, supporting operations with key projects, and preparing ad-hoc analysis as requested.

Job Description

• Responsible for reporting, analyzing and forecasting financial, economic, and other data to provide accurate and timely information for strategic and operational decisions
• Develop analysis of economic indicators in order to prepare forecasts and analyze the company's short, medium, and long term position (Outlook, Annual Plan and Long Range Plan)
• Drive for functional excellence in cost-effectiveness/productivity/process simplification through Continuous Improvement and use of ITW Toolbox
• Conduct and document financial analysis related to Capex or other initiatives
• Support/backup the routine tasks of analyzing changes in product design, raw materials, manufacturing, and labor methods to determine effects on costs, and look for process improvement opportunities
• Support ongoing period close processes and reporting
• Prepare analytical reports to monitor business trends including revenues, transaction volume, labor, cost of goods, and other operating expenses
• Prepare and maintain inventory of financial reports utilized by the organization
• Assist with preparation of annual operating budget and tracking budget variances during performance periods
• Routinely prepare executive presentations utilizing Power Point
• Ensure success of key operating projects/initiatives through project management and administrative support
• Prepare ad-hoc financial analysis pertaining to business trends, market conditions, and capital purchases
• Other duties may be assigned

Qualifications

• Bachelor's Degree in Accounting, Finance, Business Administration or related field
• 3+ years relevant experience accounting experience, preferably supporting a manufacturing operation/business
• Working knowledge of general ledger functions and US GAAP
• Excellent skills with Excel and entire Microsoft Office Suite (Power BI experience a plus)
• Experience with accounting software (JDE or another full-scale ER software)
• Experience creating dashboards and KPIs using various analysis/data visualization tools
• Ability to analyze and interpret complex financial information and make recommendations to senior leadership
• Detail oriented, with accurate and precise attention to detail
• Robust professional communication skills
• Strong team contributor

Compensation Information

The salary range for this role is $75,000 to $95,000. Bonus based on individual and business performance with a target bonus range of 8% annually.

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.