Financial Analyst - Hybrid

ITW•Mechanic Falls, ME

2d•$62,000 - $92,000•Hybrid

About The Position

The Financial Analyst works collaboratively with Finance, Sales, Operations, Engineering, and the Business Unit Manager to provide timely financial analysis and forecast information that supports accurate business decisions. The role also completes monthly accounting responsibilities, supports business initiatives, and applies ITW principles and tools to improve processes. It is based in Mechanic Falls, Maine, and reports to the Business Unit Manager. The analyst uses the ERP system and works with cross-functional leads to interpret historical, trending, and current data. Key areas include revenue forecasting and financial modeling, cost analysis, financial performance and variance analysis, business metrics, and support for long-range planning, annual planning, and monthly outlooks. The position builds relationships across the business and communicates priorities and issues to management.

Requirements

Bachelor’s or master’s degree in Accounting and/or Finance.
1–3 years of accounting or financial analysis work experience.
Experience navigating a business P&L.
Strong verbal and written communication skills, including proactive communication with cross-functional leadership.
Organized and results-driven approach.
Inquisitive and curious approach to exploring the reasons behind results.
Expert Excel skills, including the ability to create Power Pivot analyses, charts, and trend analyses.
Project management, planning, and organizing skills.
Experience with financial modeling and a general foundation in accounting.
Strong analytical skills and overall knowledge of accounting principles.
Ability to perform in a fast-paced environment.
Proficiency with key financial applications, including Excel and Spreadsheet Server.

Nice To Haves

Experience in an industrial or manufacturing financial environment, with an understanding of full absorption and direct inventory costing.
Experience designing, simplifying, and improving business processes (BPI).

Responsibilities

Use the ERP system to collect data and collaborate with cross-functional leads to interpret and analyze historical, trending, and current information.
Update bookings, revenue, and backlog reports to reflect the current state of the business.
Provide business leaders with insights into revenue recognition performance and collaborate with the Business Unit Manager on business outlooks.
Assist with detailed project analysis and model development, and prepare forecasts and analysis to support business decisions.
Review spending across accounts and provide variance analysis against historical levels and plan.
Support variable-margin improvement initiatives through conversion-cost and yield analysis.
Use stakeholder input to inform the business’s future cost outlook for the current year.
Partner with Sales, Engineering, and Operations to develop and support financial tools and trackers, including price-cost and market analysis.
Review, analyze, and interpret financial performance against budget and forecast on a monthly, quarterly, and year-to-date basis.
Work with departmental groups to audit and identify root causes of financial variances, as guided by accounting and business leadership.
Monitor and report key business metrics, including Enterprise-Wide Metrics, Customer Facing Metrics, and the 80/20 Segmented P&L.
Assist stakeholders with Long Range Plan, Annual Plan, and monthly outlook tasks as needed.
Build and maintain effective relationships with Sales, Engineering, Operations, and facility management.
Review, evaluate, and prioritize tasks and project assignments; identify key issues and communicate them clearly to management.
Complete monthly accounting responsibilities accurately and on time.