Senior Financial Analyst in Lake Forest, IL at ITW Construction Products

Date Posted: 10/2/2018

Job Snapshot

Job Description

The Senior Financial Analyst provides timely information to enable manufacturing operations and innovation R&D to meet corporate requirements and guide effective business decisions in order to deliver profitable growth. The primary responsibilities include monthly journal entries and account reconciliations, analysis of actual and plan/outlook results, ensuring compliance with financial policies, inventory and BOM costing analysis, as well as special projects and ad hoc requests.

ITW Construction is a ~$1.7B segment that provides a variety of fastening systems and truss products for the commercial, residential, and remodeling/renovation segments. The segment includes products manufactured at locations around the globe serving markets in North America, Europe, Asia, New Zealand and Australia. Key brands include: Paslode, Buildex, SPIT, Ramset, Red Head, Alpine, and ITW Brands.

ITW offers its employees a path for advancement, a competitive salary, and a comprehensive benefits package designed to help employees care for themselves, their families, and their futures. 

Core Responsibilities:

  • Provides financial support to the operations and innovation teams, including cost trends, cost improvement opportunities, and profitability analysis of products, suppliers, programs and special projects
  • Maintains adequate internal controls to ensure the accuracy of financials 
  • Maintains and reviews BOMs to ensure they are costed accurately
  • Completes month end journal entries, reconcile balance sheet accounts, analyze variances, and complete bridge schedules and spending analyses
  • Works with cross-functional teams to develop and proactively improve KPIs
  • Partner with sourcing team to understand and facilitate cost savings initiatives and impact of external pressures
  • Acts as financial lead for Outlooking process
  • Assist with Annual Operating Plan and Long Range Plan financial modeling
  • Standardize and streamline processes to ensure accurate and timely reporting
  • Partner with capex owners to ensure payback and ROI are accurately predicted and achieved post-project execution
  • Enforce governance, control and compliance of company policies and procedures
  • Lead audit request requirements
  • Other duties as assigned

Job Requirements:

  • BS/BA required; CPA preferred
  • 5+ years accounting or audit experience
  • 2+ years in a manufacturing environment including cost accounting
  • Strong understanding of financial statements and working knowledge of accounting principles and practices
  • Excellent analytical skills, including the ability to analyze raw data and apply creative/innovative analysis, and the capability to form key, succinct, and actionable insights and recommendations
  • Attention to detail with a focus on results
  • Collaborative and highly communicative
  • Self-directed with high orientation to teamwork.
  • Must have working knowledge of ERP systems and Advanced Microsoft Office software skills. 
  • Epicor, Cognos and/or Navision experience a plus
  • Occasional travel required

About ITW:

ITW is a Fortune 500 diversified manufacturer of specialized industrial equipment, consumables, and related service businesses. ITW businesses serve local customers and markets around the globe, with a significant presence in developed as well as emerging markets. The company has operations in 58 countries that employ approximately 50,000 women and men who adhere to the highest ethical standards. 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 nearly 12,000 active patents.

ITW is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law. We do not accept unsolicited resumes. To be considered an applicant, please apply online to a specific job posting. If you are a qualified individual with a disability and are unable or limited in your ability to use or access the online application system process due to your disability, please click here for information on how to contact us directly.