Senior Commerical Finance Analyst

IDEX Corporation•Rochester, NY

58d•$69,200 - $103,800•Hybrid

About The Position

The Senior Commercial Finance Analyst partners with sales, operations, and executive leadership to drive financial performance, improve profitability, and support strategic decision-making. This role focuses on pricing, margin optimization, customer profitability, and commercial strategy within a complex industrial manufacturing environment. The role provides support to the Finance and Commercial teams and reports to the Director of Finance & IT.

Requirements

Bachelor’s Degree in Finance, Accounting, Economics, or related field
5-8 years of experience in finance, preferably in manufacturing or industrial environment.
Strong experience in commercial finance, FP&A or pricing
Experience building and managing large data models – data manipulation
Experience in preparing, analyzing, and implementing accounting and reporting requirements.
Strong Excel skills
Experience with ERP (JDE) system, Power BI & Webi preferred
Strong Analytical skills required – outstanding attention to detail
Excellent computer and technological skills, including high proficiency in OneStream and Microsoft Office Applications, preferred; Microsoft Excel expertise required
Proven ability to synthesize complex and detailed data and information into the decision-making process
Proven ability to deep dive into details while maintaining a growth mindset capable of seeing the bigger picture
Proven ability to identify problems and think independently about alternative ways to solve problems based on data analytics
Ability to identify and understand business constraints and opportunities by comparing data from different sources
Proactive thinking to take action to anticipate changes in a dynamic business environment to create an approach to consistently deliver on planned results
Superior verbal and written communication skills; articulates ideas in a clear and concise manner
Works effectively in a team environment, within and outside of the Finance Department.
Team player and leader with a strong desire to learn.
Consistently operates at the highest level of integrity and is never willing to compromise on ethical standards.
Ability to build relationships at all levels within the organization.
Ability to organize multiple responsibilities and deliver results in an accurate and timely manner while adapting to changes in priorities.
Detail and process-oriented.
Self-starter with a strong sense of urgency and follow-up skills.

Nice To Haves

Experience in manufacturing or industrial environment
Experience with JDE ERP system
Experience with Power BI & Webi

Responsibilities

Analyze revenue, margins and profitability across products, customers and regions
Provide actionable insights into pricing, discounting, and contract performance
Support monthly close with variance analysis (price, volume, mix and cost drivers)
Leads the design, development, deployment, and maintenance of internal commercial finance reports.
Develop and maintain pricing models aligned with market conditions and cost inputs in partnership with Commercial & Product Management teams
Partner with sales to evaluate pricing strategies and bid proposals for project orders.
Partner to improve bidding process based on contribution margin for projects.
Monitor margin performance and identify leakage or improvement opportunities
Support annual price increase processes and customer negotiations
Track price realization vs target and identify corrective actions needed
Act as a finance business partner to Commercial/Sales, Engineering and Admin teams
Responsible for department spending analysis for Commercial/Sales, Engineering and Admin.
Provide financial guidance on customer contracts, rebates and incentives
Partners with the Product Management team for the cost analysis of new product development / major product revisions and assists with business case justification for strategic initiatives and capital expenditures
Challenge assumptions and provide data-driven recommendations
Leads the SIOP process for the business, facilitating the Demand Planning and Supply Planning reviews as well as the Executive SIOP meeting on a monthly basis
Lead Orders and Backlog forecasting (monthly, quarterly, annual, and daily/weekly pulses).
Support Sales forecasting with timing and probability of Orders
Contribute to budgeting and long-range planning processes
Build scenario models for demand fluctuations, cost changes and pricing strategies
Analyze risks and opportunities against forecast
Drive continuous improvement and simplification improving daily & monthly reporting as MBRs, QORs & AOP.
Leads the annual budgeting process including establishing assumptions, spreadsheet modeling, consolidation, analysis and presentation preparation.
Supports aspects of the annual strategic planning process as assigned.
Develop and maintain customer profitability models
Analyze product mix and SKU-level margins
Owns the Commercial Finance Reporting – Product Line / Customer Profitability (8020) analysis
Identify underperforming accounts/products through 8020 analysis and recommend corrective actions
Support decisions on product rationalization or portfolio optimization
Prepare dashboards and ad-hoc financial analysis for senior leadership
Prepares monthly commentary for Flash, Actual, Forecast, and Monthly Business Review, including all relevant templates
Provides bonus reporting to Finance Director & General Manager.
Monitors orders, sales, profit, and cash against the targets on a daily, weekly and monthly basis.
Maintains tracking on critical KPIs related to Commercial performance and supports teams in root cause/countermeasure when KPIs are missed
Automate and improve reporting processes using BI tools
Ensure data accuracy across ERP, financial systems, and reporting
Translate complex financial data into clear business insights
Expected to advise the Finance Manager/Director immediately of all errors, irregularities, or significant adjustments or journal entries as they occur.