IT Vendor & Financial Analyst

Job description

**Job Description:**

The IT Vendor & Financial Analyst is responsible for overseeing IT vendor contracts, financial approvals, and expense management to ensure alignment with organizational goals and budgets.

This role is responsible for supporting the management of over 40 IT vendor relationships shared across multiple business divisions within the ITW Welding Segment.

This role ensures accurate contract tracking, vendor invoicing, and expense management while partnering closely with Central Accounting and IT leadership.

The Analyst plays a key role in maintaining financial outlooks, supporting annual and long-range planning, and providing timely responses to vendor- and finance-related inquiries.

**Key Responsibilities:**

**Vendor & Contract Support**

+ Assist in the administration of IT vendor contracts, renewals, and compliance requirements.
+ Coordinate with IT leadership to track vendor performance and maintain documentation.
+ Support vendor escalations by gathering data and preparing summaries for IT leaders.

**Financial Management & Planning​**

+ Process, validate, and submit vendor invoices in coordination with Central Accounting.
+ Track IT expenses against annual and long-range budgets; maintain updated financial outlooks.
+ Support the financial approval process for IT purchases and vendor renewals.
+ Assist IT leadership in annual and long-range planning cycles by consolidating vendor-related costs and projections.
+ Respond to inquiries from IT leadership, finance, and divisional stakeholders regarding vendor spend, budgets, and contracts.

**Reporting & Analysis**

+ Develop and maintain vendor spend reports, dashboards, and financial trackers.
+ Monitor expense trends and highlight risks or variances.
+ Identify cost-saving opportunities and support vendor consolidation or optimization initiatives.

**Qualifications**

+ ·Bachelor’s degree in Business, Finance, Accounting, Information Technology, or related field.
+ 2–5 years of experience in finance, accounting, vendor management, or IT operations.
+ Strong financial acumen and experience supporting budgets, forecasts, or shared service environments.
+ Excellent organizational and communication skills to manage multiple stakeholders across divisions.
+ Strong attention to detail and maintaining deadlines.
+ Ability to manage complexity by recommending solutions to simplify or optimize.
+ Proficiency with Microsoft Excel (advanced formulas, pivot tables) and experience with ERP or financial systems.

**Preferred**

+ Experience with IT vendor ecosystems (software, hardware, cloud, managed services).
+ Familiarity with IT procurement, contract administration, or IT service management.
+ Interest in career growth toward an IT Vendor & Project Portfolio Management role.
+ Project Management or Financial Management certification (PMP, CAPM, CTP, etc.) a plus.

**Why ITW Welding?**

At ITW Welding, we’re not just a place to work – we’re a community that empowers you to grow and make a real impact.

Join us and build a career that makes a difference!

Here are some benefits we offer to help you build the future you want:

+ **Generous Retirement Benefits** – 401(k) match PLUS an additional retirement contribution to help you plan for the future.
+ **Paid Time Off** – 11 paid holidays, 5 sick days, and vacation time to take time for what matters.
+ **Company-Paid Insurance** – Life, AD&D, Short-Term &Long-Term Disability insurance to give you peace of mind.
+ **Family-Friendly Benefits** – 4 weeks of paid parental leave and adoption reimbursement to support your family journey.
+ **Education Assistance** – tuition reimbursement, because we believe in investing in your personal and professional development.

Company Description:

Comprised of a market-leading portfolio of best-in-class brands, the businesses of ITW Welding work together to provide premium performance delivered through a breadth of solutions encompassing welding, cutting, consumables, and accessories.

ITW Welding North America represents Miller Electric Welding Equipment, Safety & Accessories, Hobart Filler Metals, and Bernard / Tregaskiss MIG Guns.

Miller Electric Mfg.

LLC, is headquartered in Appleton, Wisconsin, and wholly owned by Illinois Tool Works (NYSE: ITW).

The company maintains its industry leadership by setting the standard for reliability, quality and responsiveness.

Our tagline, “The Power of Blue®,” is inspired by the blue color of Miller equipment.

The company began with an innovation that responded to customer needs, growing from a one-man operation in 1929, to the world’s largest manufacturer of arc welding products.

Miller keeps the tradition alive by focusing on its top priority: people.

Additional Information:

ITW Welding is an Equal Opportunity/Affirmative Action employer.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected Veteran status, age, or any other characteristic protected by law.

_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