Financial Analyst VFEG

Company Description

Founded in 1912, Illinois Tool Works Inc. (NYSE: ITW) is a diversified, Fortune 200 manufacturing company that delivers specialized expertise, innovative thinking and value-added products to meet critical customer needs in a variety of industries. Ranked among Fortune Magazine’s most admired companies, the company focuses on solid growth, improving profitability and strong returns across its worldwide platforms and divisions. These divisions serve customers and markets around the globe, with a significant presence in developed as well as emerging markets.

Illinois Tool Works (ITW), a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $15.9 billion in 2022.

ITW  Vulcan Food Equipment Group Sales
For more than 150 years, Vulcan has been recognized by chefs and operators around the world as the best-in-class supplier for premier, energy-efficient foodservice equipment. Trusted for durable design, precision performance and state-of-the-art innovation, professionals rely on Vulcan equipment to produce spectacular culinary results each and every time. 

SCOPE:
This position is responsible for understanding all Vulcan FEG product lines, their uses, applications, and pricing. This is the primary contact for territory reps, as well as customers, key dealers, and other influences of product purchase decisions. Telephone and email diplomacy are critical to success in the function.

Basic Function

Assists in the analysis, investigation and research supporting the needs of organization's financial planning and customer requirements for the Vulcan Food Equipment sales functions. Requires product knowledge and substantial independent judgement.

Job Description

GENERAL RESPONSIBILITES:
Commissions

• Prepare monthly Commission accrual
• File, track, & pay Project Spec Credits 
• Update Spec Path system
• Handle adjustments to origination, specification, or destination territories for corrections and demos
• Prepare and upload manual calculations for USF and Clark warehouse shipments
• Process commission payment upload sheet for AP entry
• Handle commission inquiries

Spiff Program

• Maintain file of all Spiff programs and appropriate approvals
• Establish & maintain spiff campaigns on sales portal
• Establish & maintain eligible payees on sales portal 
• Create/update Spiff forms as needed.
• Receive, review, and process forms for payment
• Field all inquiries pertaining to payments
• Prepare various spiff reports
• Create and maintain supplier accounts in Epicor  

Epicor Customer Database

• Complete new customer set-ups after the dealer is created and approved by Credit
• Maintain all Roll-up data – buying groups, market segments, and concept codes
• Create new sold to accounts for all branches of dealers
• Create new special sold-to customers for Chain sales
• Epicor Sales Territories and Rep Data
• Establish & Maintain sales territory and rep data in Epicor    
• Annual price increase
• Coordinate annual price increase with business units
• Update all Epicor price lists with increase 
• Handle all pricing issues for price holds 

Special Dealer/Chain Pricing
Create and maintain Customer Sales Categories/Dealer Customer Groups/Chain Customer Groups in Epicor

•     Maintain file with quotes and special pricing
•     Create & maintain codes and descriptions for all above in Epicor
•     Establish & maintain price lists for all in Epicor
   

Prepare Platinum & Preferred price sheets

•    Coordinate with business units and sales management new line-up, pricing,     and sheet  layout.
•    Load all variations of platinum pricing in Epicor
•    Prepare dealer/buying group specific platinum sheets 

Other Duties

•    Provide financial analysis support and ad hoc reporting to sales management, reps, business unit manages, etc. for data not available in Reporting Services

Qualifications

Qualifications:

• Requires a bachelor’s degree and minimum of 2 years of relevant experience
• Excellent oral, interpersonal, and written communication skills 
• Proficient in Microsoft Office 
• Ability to plan and coordinate projects as an individual contributor or as a member of a cross-functional team
• Excellent follow-up skills and attention to detail
• They should also be detail oriented and possess strong mathematical, verbal, and written skills.

Additional Information

PHYSICAL REQUIREMENTS/ WORKING CONDITIONS:

• Will be working in a office environment