What are the responsibilities and job description for the Financial Analysis Associate position at GATX?
Overview :
Founded in 1898 and headquartered in Chicago, IL, GATX Corporation (NYSE : GATX) is an industry leader with 125 years of successsuccess that is powered by our people. We are proud of our high-performance culture, hard-working and enthusiastic management team, and beautiful office space in the Willis Tower.
At GATX, we hire the best and offer our employees a dynamic, energetic, collaborative environment to enable them to make an impact from day one. Enjoy the perks and benefits of a global company with the close-knit culture and community of a much smaller one. In the same way we strive to empower our customers to propel the world forward, we are dedicated to providing our people with the tools and resources they need to move forward in their careers. And, thanks to our employees, in 2023 we were named one of Chicagos Top Workplaces by the Chicago Tribune for the fourth time!
The Financial Analysis Group performs a wide range of activities around financial data management, analysis, reporting and modeling. The Business Analysis Associate is primarily focused on supporting Commercial and Operations functions within the North American Rail business. The Rail Commercial and Operations groups rely heavily on the group on a regular basis to meet virtually all analytical and reporting needs. The Business Analysis Associate must therefore provide accurate and timely reporting and analysis to support commercial strategies, investment decisions, and performance improvement efforts.
HYBRID role requires approximately 60% of time in office.
Responsibilities :
North American Rail Commercial and Operations reporting and analysis :
- Help the team to prepare the monthly sales activity report, report key / significant activity-based statistics, and obtain commentary from fleet managers.
- Help to obtain data to process renewal success percentage and the underlying contributing car types.
- Help to prepare North America trend tables / charts / graphs of key performance metrics for monthly and quarterly operation reports. Support variance analysis of change from forecast, budget and prior periods.
- Support the team to develop, update, maintain and document queries for the SAP-Business Warehouse Revenue Analysis Tool to support rate / volume and other variances analyses.
- Prepare information and support for quarterly review meetings for fleet status reporting, lease rate performance, term management and key customer exposures.
- Analyze system generated data for erroneous information. Work with Fleet Managers and IT to discover the cause and correct any problems.
- Participate in the forecasting and budgeting of North American railcar lease revenue and maintenance expenses. This includes understanding the budget process, maintaining templates, collecting input from account managers, fleet managers, structured finance, and others throughout the organization to help to build budget assumptions and support the analysis of results for commercial management review.
- Help the team to prepare key metrics, analysis and supporting information for budget and forecast presentations to management.
- Support the budget / forecast model and reporting processes. Document the processes and continually review and update documentation to reflect any changes.
Special Assignments / Projects :
Qualifications : Interaction :
The position interacts with all levels of the organization, including Rail Commercial and Operations groups. Key customers include the Chief Commercial Officer, VPs of Operations, Fleet Portfolio Management, Sales, Structured Finance, as well as senior executive management.
Education and / or Experience Required :
Key competencies :
Other :
GATX embraces diversity, and we are proud to be an Equal Opportunity Employer. All qualified applicants receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills.
