Financial Analyst 1

ITW • Norwood, MA

1d

About The Position

Instron® is a global organization that designs, manufactures, sells and services material testing systems. Instron is the clear global leader in materials testing applications and its leadership in the marketplace is continually expanding. You will find that our established strength, progressive approach, and team focus offers exceptional opportunities for career development. The Opportunity and Core Responsibilities As a key member of the finance team, this position is primarily responsible for:

The preparation and analysis of weekly revenue and variable margin forecasting projections for leadership team
Analyze actual results versus forecast and budget, identify key variance drivers, and deliver clear, actionable insights to business leaders.
Work with accounting and operational business partners to build and develop robust financial forecasts
Responsible for certain month end close activities, including journal entries and account reconciliations
Performs appropriate action necessary to correct account balances and maintain proper accounting controls and procedures
Assist in the coordination, consolidation, and development of annual budgets, short-term forecasts, and worldwide forecasts of bookings, shipments, margins, and operational expenses
Responsible for consolidation reporting, including data imports, exports, and general periodic maintenance
Prepares and/or assists in the preparation of Year End Audits, Quarterly Kit schedules, Annual Tax Packages, and other required reporting for corporate
Collaboration with Corporate and Auditors on all issues related to this position
Ad hoc and special projects as assigned

Requirements

• Bachelor’s degree in accounting/finance with a minimum of 2- 3 years finance experience or a CPA with relevant work experience.
• Strong financial/cost analysis and budgeting/forecasting skills
• Manage multiple requests and prioritize/organize tasks appropriately
• Excellent interpersonal skills and establish effective relationships at all levels of the organization
• Ability to communicate effectively and collaborate across teams and regions
• Meticulous attention to detail, maintains confidentiality
• Proactive and capable of working as a member of a team, as well as independently
• Ability to anticipate important timing needs that may impact the company and department.
• Familiarity with ERP systems, including consolidating, and reporting software
• Proficient computer skills in MS Office (Outlook, Excel, and Power Point)

Nice To Haves

• Working knowledge of PowerBI is a plus.
• Experience in a manufacturing environment preferred

Responsibilities

• Preparation and analysis of weekly revenue and variable margin forecasting projections for leadership team
• Analyze actual results versus forecast and budget, identify key variance drivers, and deliver clear, actionable insights to business leaders.
• Work with accounting and operational business partners to build and develop robust financial forecasts
• Responsible for certain month end close activities, including journal entries and account reconciliations
• Performs appropriate action necessary to correct account balances and maintain proper accounting controls and procedures
• Assist in the coordination, consolidation, and development of annual budgets, short-term forecasts, and worldwide forecasts of bookings, shipments, margins, and operational expenses
• Responsible for consolidation reporting, including data imports, exports, and general periodic maintenance
• Prepares and/or assists in the preparation of Year End Audits, Quarterly Kit schedules, Annual Tax Packages, and other required reporting for corporate
• Collaboration with Corporate and Auditors on all issues related to this position
• Ad hoc and special projects as assigned

Benefits

• 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level