Sr. Financial Analyst (Sourcing) - The Toro Company

The Toro CompanyBloomington, MN
$80,000 - $110,000Hybrid

About The Position

This is an ideal opportunity for a financial analyst who wants to learn, grow and develop while gaining experience in a global manufacturing environment. The role will be focused on partnering with the integrated supply chain Sourcing team and providing insights using data and analytics to drive sound business decisions. This is an individual contributor role but will provide influential leadership to business partners and project/initiative team members and leaders. In order to be successful, the individual must have a continuous improvement mindset and proactively seek out opportunities to standardize processes and systems. This person must have a positive attitude, be a team player with excellent communication skills and be comfortable working in a fast-paced, dynamic, change-oriented environment. Join us and continue developing your career and skills!

Requirements

  • Bachelor’s degree in finance, business or accounting required.
  • Previous experience in financial planning processes required.
  • Analyst II: A minimum of 3-5 years’ experience in financial planning or accounting
  • Analyst III: A minimum of 5+ years’ experience.
  • Ability to solve complex problems with innovative solutions.
  • Demonstrated project leadership experience
  • Experience in Microsoft Office Suite products with advanced Excel skills required
  • Ability to effectively communicate, collaborate, and provide leadership to team members and cross functional partners
  • Strong analytical, accounting, and problem-solving skills, with a mindset to drive insight from vast amounts of data
  • Able to meet deadlines and work under pressure
  • Curious learner, self-starter with a continuous improvement mindset.
  • Looks for ways to streamline and improve processes
  • Ability to work successfully in a fast-paced dynamic organization with changing needs

Nice To Haves

  • Advanced degree a plus.
  • experience in enterprise software (SAP), financial software (OneStream), and BI tools (PowerBI, Domo)
  • Experience in a manufacturing environment preferred

Responsibilities

  • Provide excellent service to internal business partners, being easy to do business with and a self-starter with a sense of urgency and ability to adapt to change.
  • Provide the Sourcing function with insightful financial analysis, estimate alignment, month end accrual support and other related items.
  • Analyze, report on and support the forecasting process for direct purchases, all material price variances and other purchase price variances.
  • Utilize existing Business Intelligence (BI) tools to provide meaningful analysis around actual financial results as compared to budgets, forecasts, and prior year results.
  • Coordinate reporting and provide accurate and timely financial information for monthly reviews, quarterly projections, annual planning as well as other milestones as needed.
  • Participate in cost reduction initiatives, including the tracking of cost reduction project results.
  • Implement initiatives that simplify and automate processes.
  • Identify, investigate, recommend corrective action and take action on issues while working cross-functionally with colleagues in multiple departments.
  • Perform other tasks and assignments as requested.

Benefits

  • Competitive Salary – The pay range takes into account skills, experience, education, and location. The estimated pay range is between $80,000 - $110,000.
  • Cash compensation is one piece of our competitive total rewards package.
  • If you need to, you can access your pay early with the One@Work app, formerly the Even app.
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