ITW · 4 hours ago
Commercial Financial Analyst
Richton Park, IL
Full-time
Onsite
Mid Level
$100K/yr - $110K/yr
3+ years expITW is seeking a Commercial Finance Analyst responsible for top line revenue forecasting and analytics for the SCNA division. This role involves managing financial models, customer price recovery, and providing insights to enhance revenue conversion accuracy.
IndustrialManufacturing
Responsibilities
Key finance contact with management of the forecasting and planning system
Manage the data collection and publication of Annual Plan and Long Range Plan (LRP) revenue forecasts by Business Unit
Oversee and reconcile the monthly revenue reporting updates based on updates from market research data (i.e. IHS builds)
Manage customer price recovery reports, forecasting, and the tracking of the material cost impact to ensure that changes in commodity pricing is continually be monitored and captured with the customer base
Perform analytics on the product segmentation mix to assist in the ongoing updates to the divisional Segmented Profit/Loss statement to further assess margin performance and growth opportunities
Key Finance contact from a Commercial perspective in the development of financial models/analyses for customer quotes and participate in quote reviews
Oversee the planning/reporting of sold orders and the impact on sales incentive plan (SIP) bonuses
Produce insight into sold order conversion to revenue to improve overall accuracy/conversion rates
Key Finance contact for the preparation of the Commercial Tooling budget and will provide assistance in the preparation of select capital tooling requests
Key Finance liaison with the Commercial financial analysis (i.e. Quarterly Revenue Bridge) and other Annual Plan and LRP reports
Recommend ways to improve, simplify, or eliminate tasks in the department
Participate in ITW Toolbox initiatives within the business (0/20, Usa, PLS)
Other Commercial Focused finance projects as needed
Qualification
Required
Bachelor's degree in Finance, Accounting, or Business Administration and/or related analytical field, while a Masters of Business Administration (MBA) degree is a plus
3-6 years commercial or finance experience in a manufacturing environment
Experience partnering with the Commercial/Sales organization
Excitement to work in a fast-paced environment that's deadline driven and focused on creating a value-added partnership with operations
Strong analytical and problem-solving skills are necessary
Attention to detail and a high level of accuracy is a must
Ability to manage and prioritize daily functions as well as the ability to multi-task is critical
Exceptional written and verbal communication skills required
Ability to communicate effectively with all levels in the organization and work well within a team
Maintain confidentiality about sensitive data such as budgeting information, operational results, and profit margin
Administer and adhere to accounting policies and divisional procedures
Strong computer skills; Microsoft Office (Excel, Word, PowerPoint) with proficiency in MS Excel and the ability to manage large data sets using VLOOKUP's and Pivot Tables
Drive and excitement to grow and develop as a finance professional
Preferred
Experience with Saphran, Trans4M, QAD, and/or another AS400 based computer system is a plus
Company
ITW
ITW (NYSE: ITW) is a Fortune 300 global multi-industrial manufacturing leader with revenue of $15.9 billion in 2024.
10001+ employees
H1B Sponsorship
ITW has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (29)
2024 (24)
2023 (21)
2022 (23)
2021 (22)
2020 (27)
Funding
Current Stage
Public CompanyTotal Funding
unknown1978-01-13IPO
Leadership Team
Michael M. Larsen
SVP and CFO
Monica Wright
Global Divisional CFO | Controller
Recent News
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