Financial Analyst

Support business decision-making with forecasting, monthly accounting, and financial analysis in a hybrid role in Mechanic Falls, Maine.

• Cross-functional financial analysis: Partner with Finance, Sales, Operations, Engineering, and the Business Unit Manager to deliver timely analysis and forecast inputs for accurate decisions.
• Monthly accounting responsibilities: Complete monthly accounting tasks on time and with accuracy.
• Business initiative support: Provide financial support to business initiatives and apply ITW principles/toolbox to improve processes.
• ERP data and modeling support: Access and navigate the ERP to collect data; collaborate with cross-functional leads to interpret historical, trending, and current information for revenue forecasting and financial modeling.
• Bookings, revenue, and backlog reporting: Maintain and update bookings, revenue, and backlog reports to reflect the current business state.
• Revenue recognition insights: Provide period-level insights to business leaders on revenue recognition performance.
• Outlook development: Use historical results and current reporting insights to support outlook planning with the Business Unit Manager.
• Project analysis and forecasts: Assist with detailed project analysis and model development; prepare related forecasts and analysis to support decisions.
• Variance analysis: Review current spending by account and perform variance analysis versus historical levels and plan levels.
• Variable margin improvement: Support initiatives through conversion cost and yield analysis.
• Cost outlook inputs: Gather information from stakeholders to inform future cost outlook for the current year.
• Financial tools and trackers: Work with Sales, Engineering, and Operations to develop and support tools and trackers (for example, price-cost and market analysis).
• Performance vs. plan: Review and analyze financial performance versus budget/forecast on a monthly, quarterly, and YTD basis.
• Variance root cause: Coordinate with departmental groups to audit and provide root cause for material financial variances as guided by accounting and business leadership.
• Key metric monitoring: Monitor and report key business metrics including Enterprise-Wide Metrics, Customer Facing Metrics, and 80/20 Segmented P&L.
• Planning support: Support Long Range Plan, Annual Plan, and monthly outlook tasks as needed.
• Relationship building: Build and maintain effective relationships across Sales, Engineering, Operations, and facility management.
• Task prioritization: Review, evaluate, and prioritize tasks and project assignments; communicate key issues to management.

Requirements

• Education: Bachelor’s or Master’s Degree in Accounting and/or Finance
• Experience: 1–3 years of accounting and financial analysis work experience
• Finance & reporting exposure: Experience navigating a business P&L
• Industry background: Industrial/manufacturing financial environment experience; understanding of full absorption and direct inventory costing strongly preferred
• Process improvement: Experience designing, simplifying, and BPI processes
• Communication: Strong, proactive verbal and written communication with cross-functional leadership
• Work style: Organized and results-driven; inquisitive and curious to explore the “why”
• Advanced Excel: Expert Excel skills including power pivot and ability to create charts and trend analysis
• Planning: Project management skills with planning and organizing ability
• Modeling foundation: Experience with financial modeling with a general foundation in Accounting
• Analytics: Strong analytical skills and overall knowledge of accounting principles
• Environment: Ability to work in a fast-paced environment
• Tools: Proficient with key financial applications (Excel, Spreadsheet Server, etc.)

Technologies

• ERP
• Excel
• Power Pivot
• Spreadsheet Server

Benefits

• Competitive salary
• Health insurance
• Dental insurance
• Life insurance
• LTD insurance
• 401K (with company match)
• Employee assistance
• Wellness
• 100% tuition reimbursement programs

Compensation: Anticipated pay range is $62,000 to $92,000 per year. Final compensation is determined based on relevant skills, experience, qualifications, and internal equity.

Location: Mechanic Falls, ME (hybrid)