Sr Financial Analyst - FP&A

Milwaukee-Tool; Menomonee Falls (WI); On-site; USD 80,000 - 105,000; Full time

Benefits offered by this job

Health insurance

401(k) matching

Education assistance

On-site wellness

Coffee service

Job summary

Milwaukee Tool is seeking a Senior Financial Analyst to join the FP&A Team, partnering with IT to deliver budgeting, forecasting, and variance analysis.

You will own IT budget, capex, software/SaaS spend, monthly close, and ad hoc analysis while driving process improvements and cross-functional collaboration.

Qualifications

• Bachelor’s degree in Accounting or Finance required.
• 4–6 years of accounting or finance experience.
• Strong mathematical and analytical abilities.
• Proficient in Microsoft applications with advanced Excel.
• Experience with Oracle and CCH Tagetik is a plus.
• Effective communication across all levels of the organization.

Responsibilities

• Partner with IT leaders to investigate monthly variances and root cause.
• Lead month-end close, including journal entries and accruals.
• Own annual operating budget and monthly variance analyses.
• Lead IT finance review meetings with cost centers and IT leadership.
• Forecast IT software/SaaS spend and manage renewals.
• Build and maintain IT cost allocation/showback models.
• Provide ad hoc what-if analyses and process improvements.

Skills

Analytical thinking

Excel expertise

Communication skills

Cross-functional teamwork

Education

Bachelor's degree in Accounting or Finance

Tools

Oracle

CCH Tagetik

Job description

Job Description:Milwaukee Tool is seeking a highly motivated, experienced Senior Financial Analyst with 4 to 6 years of experience to join our FP&A Team. This position partners closely with our Information Technology (IT) Organization, providing in-depth financial support ranging from Budgeting, Forecasting & Actuals Review, software & cloud cost management, to the development of new financial processes. The ideal candidate must have strong analytical thinking capabilities and be able to multitask, prioritize, and proactively provide solutions in a fast-paced environment.You’ll be DISRUPTIVE through these duties and responsibilities:Partner with IT department leaders to investigate and determine root cause of monthly financial variances.Deliver consistent, timely, and accurate month-end close, including journal entries and managing monthly accruals.Own the preparation of the annual operating budget, monthly variance analysis reports, and IT budget benchmarking.Lead monthly finance review meetings for each IT department and cost center, presenting actuals, forecast, and Risks & Opportunities (R&O) to IT leadership.Manage and forecast IT software and SaaS spend, including tracking major vendor renewals and categorizing software line items by department and category.Monitor and forecast cloud consumption and costs, quantifying and clearly communicating risk exposure.Own the IT Capex forecast, partnering with IT leaders on time tracking and capitalizable project work.Build and maintain the IT cost allocation / showback model, partnering with IT to allocate and show back costs to the business to drive value.Analyze and support the timely creation of meaningful ad hoc “what-if” financial analysis.Identify knowledge gaps and develop tools, processes & models to provide meaningful information to internal customers.Demonstrate a commitment to the process of continuous improvement. Identify and eliminate non-value-added activities and streamline processes.The Tools You’ll Need to Have:Bachelor’s degree in Accounting or Finance.Four to six years of experience in an accounting or finance related field.Excellent mathematical and analytical skills.Able to effectively communicate with all levels of the organization (written, verbal, presentation, and listening).Proficient in Microsoft applications, with advanced Excel knowledge.Experience with Oracle & CCH Tagetik application considered a plus.Self-motivated.Ability to work well on diverse, cross-functional teams.Able to handle multiple tasks in a fast-paced environment.We provide these great perks and benefits:Robust health, dental and vision insurance plansGenerous 401 (K) savings planEducation assistanceOn-site wellness, fitness center, food, and coffee serviceAnd many more, check out our benefits site HERE .Milwaukee Tool is an equal opportunity employer.