SAP Finance Analyst

Woodward, Inc.; Niles (IL); Hybrid; USD 105,000 - 155,000; Full time

Benefits offered by this job

Annual cash bonus opportunity

401(k) match (4.5%)

Tuition reimbursement

Annual paid holidays

Industry leading medical, dental, and vision insurance

Job summary

Woodward, Inc. is seeking a Level 3 SAP Record to Report Analyst located in Niles, Illinois. This position supports SAP finance processes, implementing solutions and assisting with global initiatives aligned with a template. A commitment to collaborative cross-functional work and travel every other week is expected, with the potential for increased frequency.

The role offers an extensive benefits package, including a competitive salary range of $105,000 to $155,000 and opportunities for professional development. Join Woodward in fulfilling its mission of creating energy control solutions.

Qualifications

• Understanding of SAP financial processes and the ability to analyze complex problems.
• Experience with government accounting standards.
• Proficiency in using enterprise systems and analyzing data.

Responsibilities

• Support end-to-end SAP finance processes for Record-to-Report.
• Collaborate with stakeholders to define business requirements.
• Lead testing efforts to ensure solutions meet business needs.

Skills

SAP Record to Report (Finance) processes

margin analysis

product cost controlling

Revenue Recognition and RAR

problem-solving skills

Education

Bachelor's degree in relevant field

Tools

SAP S/4HANA

Job description

Woodward is committed to creating a great workplace for all team members. Our company and its members are committed to acting with integrity, being respectful and accountable to one another, and staying humble and driven, while maintaining the highest professional and ethical standards.

We are steadfastly committed to attracting the best talent across our communities creating a rewarding workplace. Together we are fulfilling our purpose to design and deliver energy control solutions our partners count on to power a clean future.

Woodward supports our members' wellbeing and regularly benchmarks with other companies in our industry to offer an extensive Total Reward package for this position. Salary will be determined by the applicant's education, experience, knowledge, skills, and abilities, as well as internal equity and alignment with market data.

• Estimated annual base pay: $105,000 - $155,000

• All members included in annual cash bonus opportunity

• 401(k) match (4.5%)

• Annual Woodward stock contribution (5%)

• Tuition reimbursement and Training/Professional Development opportunities for all members

• 12 paid holidays

• Industry leading medical, dental, and vision Insurance upon date of hire

• Vacation / Sick Time / Vacation Buy-up / Short Term Disability / Bereavement leave

• Paid parental leave

• Adoption Assistance

• Employee Assistance Program, including mental health benefits

• Member Life & AD&D / Long Term Disability / Member Optional Life

• Member referral bonus

• Spouse / Child Optional Life / Optional AD&D / Healthcare and Dependent Care Flexible Spending

• Voluntary benefits, including:

• Home / Auto Insurance discounts

• Whole Life Insurance / Critical Illness Insurance / Legal Assistance / Military Leave

A Level 3 SAP Record to Report Analyst supports end-to-end SAP finance processes across Record-to-Report, including general ledger, accounts payable, accounts receivable, fixed assets, controlling, close, and financial reporting, while helping ensure standardized, compliant, and scalable processes across the enterprise. The role partners closely with global business and IT teams to support the design, configuration, testing, and rollout of SAP S/4HANA RTR capabilities aligned to a global template, including key integrations with upstream and downstream business processes. This analyst executes functional and integration testing, resolves defects, supports master data and process readiness, and assists with cutover and hypercare activities during go-lives. A strong emphasis is placed on enabling consistent finance processes, strengthening cross-functional integration, and supporting regional adoption during the global SAP transformation.

Travel Requirements

This role currently supports a large, multiyear, colocated project that requires travel approximately every other week, with frequency expected to increase or decrease at different phases of the project. Outside of this project, typical business travel is estimated at 5-10% annually.

Key Responsibilities

• Business Requirements Analysis: Independently elicit, analyze, and document business requirements; Evaluate enhancement vs. new solution options; Collaborate with stakeholders to define scope.

• Documentation and Testing: Own documentation for assigned projects; Coordinate and execute system testing, integration testing, and User Acceptance Testing to ensure the system meets business needs and traceability.

• Solution Design and Implementation: Facilitate cross-functional teams to design and implement solutions; Configure platform modules to meet business requirements, including cross-module integration; Ensure alignment with organizational standards and promote reuse of existing capabilities.

• Stakeholder Communication and Training: Act as a liaison between business and IT; Lead training sessions and manage stakeholder expectations.

• System Development and Support: Identify and resolve complex platform-related issues, providing timely support to users; Manage enhancements and bug fixes; Collaborate with developers to ensure quality and adherence to standards; Own small-to-medium development efforts; Mentor other team members as needed.

Key Skills

• Working knowledge of all SAP Record to Report (Finance) processes, with specialization in margin analysis, product cost controlling, project systems, and PMMO, Revenue Recognition and RAR and integration points with sourcing, sales & distribution and inventory highly preferred.

• Experience with government accounting standards such as DCAA/DCMA, CAS, etc.

• Experience supporting SAP S/4HANA global implementations or rollouts, including functional testing, defect resolution, and hypercare support across sites

• Analytical & Problem-Solving Skills: Analyze complex problems and recommend solutions. Use data to support decisions; Advanced problem-solving skills to address complex system issues.

• Business Process Modeling: Design and optimize business processes; Use modeling tools to support solution design; Ability to identify inefficiencies in platform-related processes and recommend improvements.

• Change Management & Training: Lead training and change initiatives; Develop materials and measure adoption; Experience in managing change requests and implementing system changes.

• Documentation & Traceability: Own documentation for projects; Ensure version control and audit readiness.

• Project Coordination & Execution: Lead small projects or workstreams; Ensure timely delivery and attention to detail.

• Requirements Gathering & Analysis: Independently gather, analyze, and validate requirements; Facilitate workshops and resolve requirement conflicts.

• Solution Design Thinking: Translate requirements into functional designs. Evaluate solution options.

• Stakeholder Communication: Facilitate meetings, manage expectations, and resolve conflicts.

• Technical Acumen: Proficient in using and analyzing data within at least one enterprise system; Deep knowledge of specific platform modules and their integration points; Collaborate with technical teams to support integrations, configurations, and troubleshooting; Demonstrate continuous learning mindset, interest in technology trends, platform direction.

• Testing & Quality Assurance: Lead testing efforts; Ensure traceability and quality standards.

Application window is anticipated to close 7 days from original posting date.

This information is provided in compliance with the Colorado Equal Pay for Equal Work Act and is the company's good faith and reasonable estimate of the compensation range and benefits offered for this position. The compensation offered to the successful applicant may vary based on factors including experience, skills, education, location, and other job-related reasons.

This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR) and/or the Export Administration Regulations (EAR). All applicants must be U.S. Persons within the meaning of the ITAR and EAR, or eligible to obtain all required authorizations from the U.S. Department of State and/or the U.S. Department of Commerce. The ITAR defines a U.S. Person as a U.S. citizen or national, lawful permanent resident (i.e., 'Green Card holder'), or a protected person (e.g., asylee, or refugee).

Woodward is an equal opportunity employer and does not discriminate in hiring or employment on the basis of race, color, religion, sex (including sexual orientation and gender identity), national origin, age, disability, protected veteran status, or any other category protected under federal, state, or local laws.