Financial Analyst for Commercial Operations

2 weeks ago


Elgin, Illinois, United States ITW Automotive Full time
Job Overview

The Financial Analyst for Commercial Operations plays a pivotal role in supporting the growth strategies of the division. Reporting directly to the Division Controller, this position serves as the primary connection between the finance department and commercial teams, fostering strong partnerships and gaining in-depth knowledge of the Sales function. Collaboration with cross-functional teams, including Engineering, Innovation, Operations, IT, and HR, is essential for driving growth initiatives across multiple sites.

Key Responsibilities
  • Revenue & Margin Forecasting: Lead the revenue forecasting process to establish both short-term and long-term projections for Monthly/Quarterly Outlook, Annual Plans, and Long-range Plans using existing tools and real-time customer demand data.
  • Revenue Analytics for Actionable Insights:
    • Conduct monthly and quarterly revenue analyses with insightful variance commentary.
    • Analyze revenue by various metrics including OEM, Market, $/car, Product, and Region.
  • Sold Order Reporting: Provide reports on sold orders for the division.
  • Sold Order Audit: Execute monthly audits of booked sold orders.
  • Quads & Quartiles: Prepare and maintain reporting on Quad and Quartiles for the division.
  • Segmentation Analysis: Conduct strategic analyses to support appropriate revenue segmentation.
  • Price & Cost Tracking: Monitor customer pricing and vendor pricing of raw materials, tracking changes and margins over time to inform negotiation strategies.
  • KPIs & Dashboards: Develop and oversee Sales KPIs and implement dashboards for KPI reporting.
  • Assist the division with ad-hoc reporting on sales margins as required.
  • Engage in initiatives within the business aimed at continuous improvement.
Qualifications

To excel in this role, candidates should possess the following:

  • A Bachelor's degree in Sales/Marketing, Accounting/Finance, or Business Administration.
  • 3-6 years of experience in commercial or financial roles within a manufacturing context.
  • Experience collaborating with commercial or sales teams.
  • Strong analytical and problem-solving capabilities.
  • Meticulous attention to detail and a commitment to accuracy.
  • Exceptional communication skills, with the ability to engage effectively across various organizational levels.
  • Proficiency in Microsoft Office, particularly Excel, with experience managing large datasets.
  • Ability to prioritize tasks and manage multiple responsibilities effectively.
  • Familiarity with BI-Dashboard tools is advantageous.
  • A proactive approach to working in a dynamic, deadline-driven environment focused on creating value-added partnerships.
Additional Information

ITW is committed to fostering an inclusive workplace that values diverse perspectives and experiences. We provide our employees with opportunities for career advancement, competitive compensation, and a comprehensive benefits package designed to support their well-being and future.



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