Illinois Tool Works

Analyst/Senior Financial Systems Analyst

Illinois Tool Works$90K — $110K *
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's in Accounting or Information Technology required
  • 2+ years experience with financial systems in large corporations
  • Strong understanding of financial processes like accounting close and consolidations
  • Detail-oriented with ability to follow precise procedures
  • Excellent written and verbal communication skills in diverse environments
  • Strong analytical problem-solving skills
  • Familiarity with SQL databases and query language is a plus

Responsibilities

  • Provide support for HFM financial consolidation and legacy data collection systems
  • Support the monthly, quarterly, and annual financial close and forecasting processes
  • Interface with users for training needs and troubleshooting
  • Manage and monitor data integrity through problem identification and resolution
  • Recommend efficiency and quality improvements to financial systems
  • Maintain application security and metadata configuration
  • Participate in system updates, patches, and enhancements including testing and documentation

Benefits

  • Comprehensive medical, dental, and vision insurance
  • Disability and life insurance programs
  • 401k plan with company match and additional employer contribution
  • Flexible Spending and Health Savings Accounts
  • Employee Assistance Program
  • Commuter benefits and Adoption Assistance
  • Educational Assistance and Parental Leave
  • Paid vacation, sick time, and 11 Paid Holidays
Full Job Description
ITW is seeking a Financial Systems Analyst - Financial Systems, or if experience is appropriate, can scale to a Senior Financial Systems Analyst, at its corporate campus in Glenview, IL. The Financial Systems group is responsible for the effective operation, maintenance and training of the corporate financial systems including Hyperion Financial Management (HFM), Financial Data Quality Management, Enterprise Edition (FDMEE) and legacy applications. 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 • Support monthly, quarterly, and annual financial close and forecast processes, annual financial planning cycle, and monthly systems maintenance, with periodic morning, evening and weekend work • Interface with user community for training needs and troubleshooting • Manage/monitor data integrity by performing problem identification and resolution of issues related to financial applications • Apply knowledge of financial systems and business processes by recommending efficiency and quality assurance improvements to systems application usage or systems processes • 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 • Create and update detailed processes and procedures around financial systems to assure accuracy and timeliness of financial reporting • Participate in any system patches, upgrades or enhancements including updating test scripts, performing functional and application testing, understanding application/system modifications, and updating business process documentation • Collaborate with internal customers to understand business needs and opportunities • Support Microsoft SharePoint sites facilitating metadata governance, security and document management • Participate in SOX compliance audits Experience and Skills • Bachelor's in Accounting or Information Technology is required • 2+ years of experience working with financial systems at a large corporation • Strong understanding of financial processes, such as accounting close, consolidations and reporting, planning, and forecasting • Ability to follow precise procedures and demonstrate strong attention to detail is crucial to job performance • Ability to work 5 days a week onsite at the Glenview campus with flexibility in hours • 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.

About Illinois Tool Works

ITW is an industrial manufacturing company that specializes in the fields of industrial machinery, engineering, operations, sales, marketing, finance, and accounting. It's in deep-sea oil rigs, aerospace technology, bridges and wind turbines, healthcare, the spaces in which they live and work, the cars they drive, and the mobile devices they rely on. It was founded in 1912 and headquartered in Glenview Nas, Illinois.

Illinois Tool Works Careers

Join the dynamic team at Illinois Tool Works (ITW), a global leader in diversified manufacturing, where innovation and excellence drive us forward. ITW offers unparalleled job opportunities, fostering a culture of growth and leadership in the industry.

Work You’ll Do

At Illinois Tool Works, you will be part of a professional community that thrives on creativity and innovation. Our employees are equipped with the skills needed to succeed and are provided with endless opportunities for professional growth. Engage in work that matters, with projects that transform industries and enhance futures.

Explore Career Paths

Whether you're seeking an internship, a graduate opportunity, or a seasoned professional position, ITW offers a range of career paths across various departments. Our team benefits from a supportive and diverse working environment where every member’s contribution is valued.

Innovate and Lead

Join a team where innovation leads to revolutionary solutions in industries worldwide. At ITW, you will work alongside industry experts to develop new ideas and strategies that keep us at the forefront of technological advancements. Your career at ITW will be marked by a continuous journey of growth and leadership.

Develop Your Skills

With ITW’s commitment to professional development and diversity training, you will enhance your skills through targeted training programs and workshops. These opportunities not only boost your career but also ensure you stay competitive in the job market.

Be Part of Our Culture

ITW is dedicated to building a culture that respects and embraces diversity, encourages innovation, and fosters leadership. Our team is our greatest asset, and we believe in providing them with the benefits and resources they need to succeed both professionally and personally.

Networking and Professional Growth

Expand your professional network through ITW’s global presence and collaborative work environment. Engage with professionals across different sectors, gaining insights that can lead to significant career advancements. Our networking events and professional groups help you connect with key industry leaders and peers.

Join Our Team

Search for open positions that match your skills and interests on the ITW Careers page. We are looking for passionate, curious, and solution-driven team players who are ready to take their career to the next level.

Stay Connected

Keep up to date with the latest industry trends, company news, and career tips by following our careers blog. Personalize your experience by subscribing to job alert emails, tailored to your preferences and career goals. Explore the opportunities at Illinois Tool Works today and discover how your expertise can help shape the future of our company and the industries we serve. Join us in our mission to achieve excellence through innovation and leadership.
Learn more about Illinois Tool Works
Size
45,000 employees
Market Cap
$68.1 billion
Industry
Net Income
$2.1 billion
Founded
1912
5 Year Trend
+1.2%
Revenue
$12.5 billion
NASDAQ

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