ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $14.1 billion in 2019. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW’s approximately 45,000 dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture. www.itw.com.
ITW Shakeproof, serves major Automotive OEMs and their tier suppliers as well as Industrial Manufacturing OEMs with metal cold headed fasteners. Units include Machesney Park, IL; Watertown, WI Elgin, IL; Darlington, WI; Bedford Heights, OH,; Broadview, IL; Milwaukee, WI; Iron Ridge, WI; Commercial Sales and Engineering in Troy, MI. www.itwshakeproof.com
The Division drives profitability by leveraging the ITW Business Model which includes:
• ITW’s 80/20 Front to Back process
• Customer-Back Innovation
• Our decentralized entrepreneurial culture
The Commercial Finance Analyst will be a critical role for supporting the organic growth initiatives of the division. This role will directly report to the Division Controller. This role is the primary liaison between the finance function and the commercial functions and will develop deep partnerships and domain expertise with the Sales team. In addition, this role will need to collaborate with other cross-functional teams including Engineering, Innovation, Operations, IT and HR, across a multi-site Division for driving growth initiatives.
• Revenue & Margin Forecasting: Drive the revenue forecasting process to develop short-term and long-term forecasts for Monthly/Quarterly Outlook, Annual Plan and Long-range Plans for the Division using existing tools such as Saphran and real time customer demand such as open orders & EDI.
• Revenue Analytics for Actionable Insights:
• Monthly and quarterly revenue analysis with meaningful variance commentary
• Analysis of Revenue by OEM, Market, $/car, Product, Region, etc.
• Sold Order Reporting: Report Division sold orders
• Sold Order Audit: Perform monthly audit of booked sold orders
• Quads & Quartiles: Prepare and maintain Quad and Quartiles reporting for the Division
• Segmentation Analysis: Strategic analysis to support appropriate Segmentation for revenues
• Price & Cost: Track Price (customer pricing) and Cost (vendor pricing of raw materials) for Shakeproof Division, track changes and margins over time to make recommendations during negotiations with customers
• KPIs & Dashboards: Develop and monitor Sales KPIs; and implement Dashboards for KPI reporting
• Support Division with ad-hoc reporting on sales margin as needed.
• Participate in ITW Toolbox Initiatives within the business (FTB 80/20, USa, PLS).
Location: Elgin, IL
Posted: Aug. 13, 2024, 12:35 a.m.
Apply Now Company Website