Financial Systems Analyst

Job description

**Job Description:**

Since its founding more than 100 years ago, ITW has become one of the world’s leading diversified manufacturers of specialized industrial equipment, consumables, and related service businesses.

We place a high premium on developing innovative solutions–most of which are developed in tandem with our customers.

And we continue to ensure that our customers receive timely, cost-effective service for our innovative products.

ITW’s differentiated business model comprises unique core capabilities: our proprietary 80/20 business process, customer-back innovation, and our well-known decentralized entrepreneurial culture.

These capabilities are unmistakably ITW—and key to our longevity and strong performance.

ITW’s products and solutions are at work all over the world, in deep-sea oil rigs, aerospace technology, bridges and wind turbines, healthcare, the spaces in which we live and work, the cars we drive, and the mobile devices we rely on.

We are never, whether we know it or not, more than a few steps from an innovative ITW solution.

ITW (NYSE: ITW) is a Fortune 300 global multi-industry manufacturing leader with revenue of $15.9 billion in 2024.

and employs ~44,000 people operating in 51 countries.

Our headquarters are in Glenview, IL.

include a fitness center at no cost to the employees, a cafe, outdoor volleyball courts, walking trails around the facility, employee resource groups, corporate discounts, dry cleaning services, covered/outdoor parking, and much more.

We are just a block away from the nearest Metra station, and it is a quick 20-minute train ride to downtown Chicago, museums, lakefront, and other activities.

More details on our benefits can be found on our website at https://www.itw.com/careers/benefits-compensation/

ITW is looking for a Financial Systems Analyst to work within its Corporate Finance & Accounting Department, maintaining and assisting with support of its financial consolidation system, Hyperion Financial Management (HFM), Financial Data Quality Management, Enterprise Edition (FDMEE) and legacy applications.

The Financial Systems Analyst will be part of a team that is responsible for effective operations, maintenance and training of financial systems.

This position will report to the Manager of Financial Systems.

_Primary Responsibilities_

+ Provide effective and efficient support of the HFM financial consolidation and legacy data collection systems which in turn promotes successful, corporate financial consolidation and managerial reporting
+ Support monthly, quarterly, and annual financial close and forecast processes, annual financial planning cycle, and monthly systems maintenance, with periodic evening and weekend work
+ Interface with user community for training needs and trouble shooting
+ Maintain and configure application security
+ Perform maintenance of application metadata, FDMEE Mappings and reports for changing business needs
+ Maintenance and support of the data submission application that supports data transfer to corporate from approximately 600 business units
+ Manage and monitor data integrity by performing problem identification & resolution of issues related to financial applications
+ Create detailed processes and procedures around financial systems to assure accuracy and timeliness of financial reporting
+ Participate in any system patches, upgrades or enhancements by updating test scripts; performing functional, application testing; understanding application/system modifications; and updating business processes and applicable process documentation
+ Collaborate with internal customers to understand business needs and opportunities
+ Apply knowledge of financial systems and business processes by recommending efficiency and quality assurance improvements to systems application usage or systems processes
+ Support Microsoft SharePoint sites facilitating metadata governance, security and document management
+ Participate in SOX compliance audits

_Requirements_

+ Bachelors in Accounting, Finance or Information Technology is required
+ 2-4 years experience working with Financial Systems in a large corporate financial reporting department
+ Basic understanding of accounting/finance principles is required
+ Possess an understanding of financial processes, such as close, consolidations & reporting, planning, forecasting and reporting
+ Ability to follow precise procedures and demonstrate strong attention to detail is crucial to job performance
+ Previous experience working with a financial consolidation application; HFM preferred
+ Ability to explain and interpret accounting/financial information from a business and technological standpoint
+ Excellent communication skills and the ability to work in a diverse and multicultural environment are essential
+ Strong analytical skills to problem solve and implement solutions
+ Ability to perform in a fast-paced environment
+ Familiarity with SQL databases and SQL query language is a plus

**Compensation Information:**

The compensation package for the role offers a competitive base salary ranging from $90k- $110k annually.

ITW considers various factors when extending an offer, including but not limited to the scope and responsibilities of the position, the candidate's work experience, education and training, geographic location, key skills, as well as market and business considerations.

In addition to a competitive salary, ITW employees in the U.S. are eligible for a comprehensive benefits package.

This package includes medical, dental, vision, disability and life insurance programs.

We also provide a 401k plan with both a company match and additional employer contribution, Flexible Spending Accounts, Health Savings Accounts, Employee Assistance Program, Commuter benefits, Adoption Assistance, and Educational Assistance; Parental Leave, vacation, sick time, and 11 Paid Holidays.

_ITW is an equal opportunity employer.

We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential._

_As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship._

_All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws._

_ITW is an equal opportunity employer.

We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential._

_As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship._

_All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws._

Required Skill Profession

Other General