Business Analyst in Troy, MI at ITW

Date Posted: 3/17/2020

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    100 Kirts Boulevard
    Troy, MI
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    3/17/2020

Job Description

Business Analyst – Deltar Fasteners

ITW Description:

Illinois Tool Works Inc. (NYSE: ITW) is a global Fortune 200 diversified manufacturing company that delivers specialized expertise, innovative thinking and value-added products to meet critical customer needs in a variety of industries.   ITW, with approximately 14.8 billion dollars in global revenues, operates 7 major segments with businesses in 55 countries that employ approximately 48,000 women and men. These talented individuals, many of whom have specialized engineering or scientific expertise, contribute to our global leadership in innovation. We are proud of our broad portfolio of more than 17,000 active patents.

Division Description: 

ITW Deltar Fasteners serves all the major OEMs and their tier suppliers with plastic fasteners totalling approximately $280M in revenues. Units include:  Frankfort, IL;  Chippewa Falls, WI and our Commercial Sales and Engineering in Troy, MI. 

The division drives profitability by leveraging its innovative solutions and application engineering.  In addition to ITW’s industry leading research and development capabilities, ITW Deltar Fasteners enhance our customers’ competitive advantage by…

  • Maintaining advanced engineering and manufacturing facilities in NA.
  • Exchanging product, process and benchmarking information with sister units worldwide.
  • Continually improving processes, material and designs to ensure every product exceeds customer specifications while providing unparalleled value.

Position Summary:

The Business Analyst will report to the Director of Sales and Engineering with dotted line responsibility to the Sales Managers. They will be responsible for developing and executing sales quote planning, summaries and analysis to support the Deltar Fasteners Division. The team will look to the Business Analyst to help establish/streamline quote policies and procedures throughout the department, support best practices in sales quote forecasting, reporting and communications. Goals will be based on being a business partner mentality, accuracy of data, organization & timely delivery of quote data reports.  The Business Analyst will work with all OEM teams to align systems and data to report quote revenue projections, performance metrics and provide analysis on metrics.

Responsibilities:

Strategy

•         Partner with the OEM, Tier Sales Managers, Sales Analyst and the Deltar Division Controller to develop and execute long range & annual sales plans using the “Protect, Proliferate & Innovate” framework.

 

Structure

•         Be a business partner with accounting and commercial. Developing relationships that provide insight and a landscape to operations that helps raise the bar in overall accuracy of monthly, quarterly & annual outlook relative to quoting activity.

•         Track and analyze key quote metrics – pipeline growth and quote attainment.

•         Collect, consolidate and generate weekly quote activity (report monthly and quarterly).  Information to be shared with sales managers and other management as needed.

•         Proactively analyze win/lost data and report on key findings to sales leadership.

•         Develop presentations that analyze quote and sales activity.

•         Create dashboards that will assist in successful future quoting based on past analysis.

•         Align with operations on grow-ready products and capacity planning.

•         Compare forecast to actual results. Specifically, key performance indicators such as sales reports, sales expenses, dollar per car by segment or OEM, new and lost business, etc., for the purpose of detecting undesirable trends at an early stage in order to take prompt remedial action for specific OEM.

•         Identify addressable market and develop business plan to clarify where to invest.

•         Tracks and supports database by leading the verification, accuracy and archiving of $/per data (Saphran) and the division performance on “Sold Projects”.

•         Apply the ITW Toolbox to projects and strategies implemented.

Leadership

•         Champion talent development through ITW’s Leadership Framework

•         Maintain a continuing analysis of key performance indicators (KPI’s)

•         Actively measure and hold self, team and business accountable to the KPI’s

•         Motivate and inspire a culture of high performance

•         Nurture an environment consistent with the ITW values and culture

Job Requirements

Requirements:

•       Education/Experience:              

Bachelor’s degree - B.A. /B.S. from four-year College or University in Business, Finance or Accounting (or equivalent experience).  Master’s Degree/CPA a plus.

•        3-5 years of experience in accounting field of work


•        Willing to travel periodically; primarily domestic and occasionally world-wide.


Automotive OEM
ITW’s Automotive OEM segment designs and manufactures innovative fasteners, interior and exterior components, and powertrain and braking systems for OEMs and their top-tier suppliers. ITW’s automotive businesses have a high level of customer intimacy, enabling customer-back innovation to address complex needs such as vehicle efficiency, safety, and quality. Deep market knowledge and strong manufacturing process capabilities allow ITW’s automotive businesses to be nimble, niche problem solvers for their sophisticated customers.

CHECK OUT OUR SIMILAR JOBS

  1. Business Analyst Jobs
  2. Business Management Jobs