Sr. Financial Analyst

Job Description

ITW Food Equipment Group LLC designs and manufactures commercial food equipment for food service and retail customers through its subsidiaries. The company’s products include ware washing equipment; cooking equipment, including ovens, ranges, and broilers; refrigeration equipment, including refrigerators, freezers, and prep tables; food processing equipment, including slicers, mixers, and scales; and kitchen exhaust, ventilation, and pollution control systems. ITW FEG has the largest service network in this industry to support our global customers, with highly specialized technicians and best-in-class supply chain procedures. The company was incorporated in 2001 and is based in Troy, Ohio. ITW Food Equipment Group LLC is an Illinois Tool Works Inc. subsidiary. 

Summary

The Senior Financial Analyst plays a critical role in driving informed strategic and operational decision-making by analyzing and interpreting complex financial and economic data. This role involves preparing accurate forecasts, detailed reports, and providing insights into financial performance, variance explanations, and cost analysis. The Senior Financial Analyst may lead the budget process, manage expense forecasts, and oversee statistical reporting to ensure timely and relevant information is delivered to key stakeholders. This role will also lead and manage special projects, contributing to continuous improvement and the achievement of organizational goals.

Essential Duties And Responsibilities

These are the most significant job duties performed. The size, scope and complexity of assigned duties and responsibilities are dependent on the level and experience of the incumbent. To perform this job successfully, an individual must be able to perform each assigned essential duty satisfactorily. Other responsibilities or special projects not specifically listed below may also be assigned.

The Major Responsibilities Of This Role Include

• FINANCIAL ACUMEN: Demonstrates a strong understanding of financial principles and service-based business models, providing strategic insights into cost structures, revenue generation, and profitability. Analyzes complex financial data to deliver actionable recommendations that drive informed decision-making and support the organization’s financial strategy. Leverages financial expertise to ensure accurate reporting, budget management, and forecasting, contributing to both operational success and long-term business objectives.
• BUSINESS INSIGHT: Understands the dynamics of the service industry and translates market trends into actionable financial strategies. Leverages knowledge of the service business model to identify opportunities for growth and efficiency. Aligns financial performance with broader business objectives to drive competitive advantage and sustainable success.
• ACTION ORIENTED: Takes proactive steps to identify financial opportunities, analyzes data, and implements effective solutions. Focuses on delivering results through timely decision-making, driving Finance initiatives that support business objectives and continuous improvement.
• MANAGES COMPLEXITY: Navigates through complex financial data and business challenges inherent in service-based models. Breaks down intricate financial issues, focusing on key factors that impact strategic goals. Integrates data from multiple sources to provide clear, actionable insights for decision-makers.
• PLANS AND ALIGNS: Develops financial plans that align with both short-term and long-term service business objectives. Ensures resources are effectively allocated to drive operational efficiency and business growth. Collaborates to ensure financial strategies support broader organizational priorities.
• DRIVES RESULTS: Takes ownership of financial outcomes and drives initiatives that align with the service business strategy. Proactively identifies opportunities for improvement, setting clear objectives to achieve measurable results. Focuses on delivering financial insights that contribute to the organization’s overall success.
• COMMUNICATES EFFECTIVELY: Clearly and concisely conveys information, ideas, and recommendations to stakeholders at all levels. Listens actively, fosters open dialogue, and ensures alignment across teams to drive Finance initiatives and business objectives.
• SAFETY: Ensures safety is prioritized in all financial and operational activities, aligning safety initiatives with business goals. Actively identifies and mitigates risks to ensure compliance with safety regulations. Supports the development of a safety-conscious culture, driving continuous improvement in safety practices.
  
  

Supervisory Responsibilities

• This position may be asked to directly lead and/or indirectly influence the work of others
  
  

Minimum Qualifications

The requirements listed below are representative of the knowledge, skill, and/or ability required to perform this job successfully. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and Work Experience

• BS Degree in Finance or related field with at least 6 years of progressive Finance experience
  
  

PHYSICAL DEMANDS & WORK ENVIRONMENT

The physical demands and work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Physical Demands

While performing the duties of this job, the employee is:

• Regularly required to sit
• Operates standard office equipment
  
  

Working Conditions

• Office environment
• Noise level in the work environment is usually moderate
  
  

Hours of Work

• Normal business hours with extended hours as needed
• Travel up to 25%