Financial Planning & Analysis Manager

IDEAL Industries, Inc.•Sycamore, IL

7h•$109,264 - $147,236

About The Position

IDEAL Industries, Inc. has built a reputation for over a century by crafting iconic tools and practical technology required in aerospace, data communications, electrical, wire processing and construction. The global family of IDEAL brands includes IDEAL Electrical, Anderson Power, and Enatel. A vibrant and dynamic company, IDEAL is best known for our wire connectors, the gold standard for making electrical connections around the world. Nearly every commercial jet is assembled using IDEAL wire strippers and, as part of the critical equipment on NASA missions, our tools even help NASA astronauts fly to the moon. Most important, our products benefit skilled tradespeople, who reach for IDEAL tools every day. IDEAL is propelled by the concept of Building an IDEAL World. Our family-run business is committed to building ideal relationships with customers, employees, and communities by crafting some of our industry’s most innovative and trusted tools. Reporting to the FP&A Director the Manager FP&A provides timely reporting, insight and financial forecasting while also taking on finance systems administration responsibilities. The ideal candidate will possess a strong analytical background, exceptional communication skills, and a proactive approach to problem-solving. This role requires the ability to learn quickly, think & communicate clearly and partner with business.

Requirements

University degree in Finance, Accounting, or Business Administration
CPA designation is a requirement.
8+ years of progressive financial analysis and reporting experience with fast paced business environments.
Demonstrated experience in applying knowledge of accounting, financial reporting and forecasting concepts in developing integrated financial projections for full financial statements
Strong proficiency in financial modeling and analysis tools, including Excel & Microsoft BI and experience with Enterprise Performance Management systems (e.g. OneStream, Hyperion).
Excellent analytical, problem-solving, and organizational skills with a keen attention to detail.
Effective communication and presentation skills, with the ability to convey complex information clearly.
Proven ability to work collaboratively in a fast-paced, dynamic environment partnering with senior management, divisional staff, and functional peers.
The ability to listen actively and ask relevant questions, as well as confident, independent thinking that communicates an analytic point-of-view to finance and business partners
Excellent organizational, analytical, quantitative and problem-solving skills
Advanced written and verbal communication skills

Responsibilities

Prepare and present monthly consolidated financial statements, financial reports, variance analyses, and performance metrics to executive management.
Lead monthly & quarterly forecasting processes to produce meaningful reporting & insight.
Ownership of accurate and timely key performance indicator (KPIs) reporting and provide recommendations to improve performance.
Identify reporting & process improvements that enhance information accuracy & timeliness.
Coordinate and drive the annual budget process across the divisions to ensure accurate consolidated financial data.
Collaborate with cross-functional teams to gather data, identify trends, and provide actionable insights.
Develop, maintain, and enhance financial models to forecast revenue, expenses, and profitability.
Conduct comprehensive financial analysis to support business decision-making and strategy development.
Serve as the primary administrator for finance-related systems and tools, ensuring data integrity and optimal performance (OneStream).
Manage system enhancements, upgrades, and user training to maximize efficiency and effectiveness.
Collaborate with IT and assist business finance teams to troubleshoot system issues, respond to questions and implement solutions.
Develop and maintain documentation for system processes and user guides.
Assist in the integration of financial systems to improve data flow and reporting capabilities.
Design and create interactive dashboards and reports using Microsoft Power BI & Excel to visualize financial data and key metrics.
Leverage BI tools to enhance reporting capabilities and streamline data presentation for stakeholders.
Ensure dashboards are user-friendly and provide actionable insights to drive business decisions.
Support ad-hoc financial analysis and reporting requests as needed.
Stay updated on industry trends, regulatory changes, and best practices in financial analysis and systems administration.
Assist business with master data clean-up and data standardization activities.
Actively engage in responsibilities and initiatives to ensure a safe work environment.
Comply with and contribute to the continuous improvement of company policies, processes and procedures.
Contributes to a collaborative, team-oriented workplace, which may include other duties as assigned.