Senior Financial Systems Analyst

Company 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 the development of 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 the innovative products we provide.

ITW’s differentiated business model is composed of a set of 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.

Today, ITW (NYSE: ITW) is a Fortune 200 company that employs nearly 43,000 people with operations in 55 countries with headquarters in Glenview, IL. Our campus includes a fitness center at no cost to the employees, cafeteria, 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/

Job Description

ITW is looking for a Senior Financial Systems Analyst to work within its Corporate Finance & Accounting Department, maintaining and assisting with development and maintenance of its financial consolidation system, Hyperion Financial Management (HFM), Financial Data Quality Management, Enterprise Edition (FDMEE) and legacy applications.  The Systems Analyst will be part of a team that is responsible for effective operations, maintenance and training of the Corporate financial systems.  This position will report to the Manager of Financial Systems. 

Primary Responsibilities

Support all aspects of the financial consolidation and managerial reporting process at the corporate level including, but not limited to the following tasks:

• Perform maintenance of application metadata, reports and data interface mappings for data loads and consolidations
• Develop and maintain application security
• Maintain and support the legacy application used to submit financial data to Corporate from approximately 800 businesses
• Manage and monitor data integrity by performing problem identification and resolution of issues related to the Corporate financial applications
• Update financial reports for changing business needs
• Interface with the user community for training needs and troubleshooting user issues
• Collaborate with internal partners to understand business needs and develop successful solutions
• Create and modify, as needed, detailed processes and procedures around financial systems to assure accuracy and timeliness of financial reporting
• Support monthly, quarterly, and annual financial closing processes along with the monthly forecasting process and the annual financial plan cycle
• Apply knowledge of financial systems and business processes to recommend efficiency and quality assurance improvements to systems application usage or systems processes
• Participate in SOX compliance audits related to the Corporate financial applications

Qualifications

• Bachelor's degree in Accounting or IT is required.
• 4+ years of experience working with Financial Systems in a large corporate financial consolidation reporting department
• Strong 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

Additional Information

Illinois Tool Works Inc. (“ITW” or “the Company”) i