Financial Analyst 1

ITW•Norwood, MA

3d•$72,000 - $90,000

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. 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 the leadership team. This role involves analyzing actual results versus forecast and budget, identifying key variance drivers, and delivering clear, actionable insights to business leaders. It also requires working with accounting and operational business partners to build and develop robust financial forecasts, and performing certain month-end close activities, including journal entries and account reconciliations. The position is responsible for consolidation reporting, including data imports, exports, and general periodic maintenance, and prepares 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, as well as ad hoc and special projects, are also key aspects of this role.

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