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LaSalle Network
Naperville, IL | Full Time
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Naperville, IL | Full Time
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Naperville, IL | Full Time
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Financial Analyst
Ecolab Naperville, IL
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$70k-86k (estimate)
Full Time 7 Days Ago
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Ecolab is Hiring a Financial Analyst Near Naperville, IL

Nalco Water, an Ecolab Company, has an immediate need for a Financial Analyst/Senior Financial Analyst on our Commercial Execution Team , located in Naperville, IL. This individual will be responsible for providing key financial controls and analysis surrounding critical commercial processes. This is your opportunity to join a fast-growing sector offering competitive compensation and benefits.
You will have key responsibility for the management of the pricing and billing approval system. When new business is generated by our field sales team and submitted for approval, you will analyze the pricing and gross margins for compliance within stated guardrails. In addition, you will be responsible for approving the annual Billing Arrangement and Special Price Agreement renewals. This position is in place as a key financial control to ensure profitable growth for our division. This position is a complex process-based job, requiring excellent communication, attention to detail, and resourcefulness.
What's in it For You:
  • The opportunity to take on some of the world's most meaningful challenges, helping make the world cleaner, safer and healthier - protecting people and vital resources.
  • The ability to make an impact and shape your career with a company that is passionate about growth
  • The support of an organization that believes it is vital to include and engage diverse people, perspectives, and ideas to achieve our best
What You Will Do:
  • Review new business proposals, amendments to existing business, and annual renewals of existing business.
  • Pricing and Gross Margin analysis including obtaining any necessary approvals based on pricing thresholds and reviewing for accuracy and process adherence.
  • Day to day communication with Field Sales and Commercial Finance to understand details of business proposals and push back when necessary to ensure guardrails are followed.
  • Review new customer setups to ensure proper pricing is applied to the customer's new business proposals for pricing and gross margin, pushing back when necessary.
  • Review annual existing business renewals for accuracy and price change.
  • Engage in ongoing improvement of internal processes related to pricing and Billing Arrangement renewals.
  • Participate on project teams / committees as necessary.
  • Develop strong relationships with key stakeholders within Nalco Water, Sales, Finance, and other internal departments to successfully maintain consistent processes.
Minimum Qualifications:
  • Bachelor's degree in Finance, Accounting, or a related field
  • 2 years of Finance and/or Accounting experience
  • No immigration sponsorship available for this role
Preferred Qualifications:
  • High attention to detail & process oriented
  • Strong ability to multi-task and prioritize work
  • Excellent written and oral communication skills
  • Proven analytical, problem solving, and decision making skills
  • Experience in a fast-paced environment & meeting strict deadlines
  • Result oriented; proactive; and possesses a high level of integrity
  • Must demonstrate overall business acumen and ability to deal with ambiguity
#LI-Hybrid
Benefits
Ecolab strives to provide comprehensive and market-competitive benefits to meet the needs of our associates and their families. Click here to see our benefits.
If you are viewing this posting on a site other than our Ecolab Career website, view our benefits at jobs.ecolab.com/working-here.
Covid-19 Vaccine Notice
Due to local mandates and customer requirements, applicants for certain customer-facing positions must be fully vaccinated (which in some situations requires a booster if eligible), unless a religious or medical accommodation is requested by the applicant and approved by Ecolab.
Americans with Disabilities Act (ADA)
Ecolab will provide reasonable accommodation (such as a qualified sign language interpreter or other personal assistance) with our application process upon request as required to comply with applicable laws. If you have a disability and require accommodation assistance in this application process, please visit the Recruiting Support link in the footer of each page of our career website.

Job Summary

JOB TYPE

Full Time

SALARY

$70k-86k (estimate)

POST DATE

06/25/2024

EXPIRATION DATE

07/12/2024

WEBSITE

ecolab.com

HEADQUARTERS

SAINT PAUL, MN

SIZE

>50,000

FOUNDED

1923

TYPE

Public

CEO

CHRISTOPHE BECK

REVENUE

$10B - $50B

INDUSTRY

Durable Manufacturing

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Ecolab is a provider of water, hygiene, and infection prevention solutions for the food, healthcare, hospitality, and oil and gas industries.

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The following is the career advancement route for Financial Analyst positions, which can be used as a reference in future career path planning. As a Financial Analyst, it can be promoted into senior positions as a Financial Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Analyst. You can explore the career advancement for a Financial Analyst below and select your interested title to get hiring information.

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If you are interested in becoming a Financial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Financial Analyst job description and responsibilities

Broadly speaking, a financial analyst works with financial data to help organizations make business decisions.

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Build financial models to perform financial forecasts, predict business scenarios, and provide other data analysis to help make business decisions.

02/10/2022: Newark, NJ

Every financial analyst’s job will hold different responsibilities depending on their specialty and where they work.

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They often develop and execute complex methodologies that enable them to generate useful pointers from the financial data and problem statements that their clients provide.

12/11/2021: Manchester, NH

Financial analysts who have little to no professional experience are responsible for gathering data, financial modeling and creating or maintaining spreadsheets.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Financial Analyst jobs

To become a senior or junior level financial analyst, one may be required to earn a Master’s of Business Administration.

12/07/2021: Baltimore, MD

Obtaining a finance degree (bachelor’s or MBA) and working towards becoming a financial analyst requires the development of skills, expertise, and specific abilities.

03/03/2022: Omaha, NE

To be a financial analyst, one should be good with numbers, comfortable presenting research, analytical, and have great ability to research large amounts of data and pay attention to small details.

12/27/2021: Youngstown, OH

Earning a finance degree and taking the steps to become a financial analyst requires specific abilities and the development of specialized skills.

12/11/2021: Burlington, VT

With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.

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Step 3: View the best colleges and universities for Financial Analyst.

Florida Southern College
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