Sr Financial Analyst - FP&A
Milwaukee Tool · Menomonee Falls, Wisconsin, United States
Manufacturing · 5,001-10,000 employees
About the role
The Senior Financial Analyst will partner with the IT department to manage budgeting, forecasting, and financial variance analysis. Responsibilities include overseeing software and cloud spend, managing capital expenditure forecasts, and developing cost allocation models to drive business value.
What they look for
Requirements
Candidates must possess a Bachelor's degree in Accounting or Finance and 4 to 6 years of relevant experience. Strong analytical skills, proficiency in Microsoft Excel, and the ability to communicate effectively across all levels of the organization are required.
Benefits
Full description
Job Description:
Milwaukee Tool is seeking a highly motivated, experienced Senior Financial Analyst with 4 to 6 years of experience to join our FP&A Team. This position partners closely with our Information Technology (IT) Organization, providing in-depth financial support ranging from Budgeting, Forecasting & Actuals Review, software & cloud cost management, to the development of new financial processes. The ideal candidate must have strong analytical thinking capabilities and be able to multitask, prioritize, and proactively provide solutions in a fast-paced environment.
You’ll be DISRUPTIVE through these duties and responsibilities:
- Partner with IT department leaders to investigate and determine root cause of monthly financial variances.
- Deliver consistent, timely, and accurate month-end close, including journal entries and managing monthly accruals.
- Own the preparation of the annual operating budget, monthly variance analysis reports, and IT budget benchmarking.
- Lead monthly finance review meetings for each IT department and cost center, presenting actuals, forecast, and Risks & Opportunities (R&O) to IT leadership.
- Manage and forecast IT software and SaaS spend, including tracking major vendor renewals and categorizing software line items by department and category.
- Monitor and forecast cloud consumption and costs, quantifying and clearly communicating risk exposure.
- Own the IT Capex forecast, partnering with IT leaders on time tracking and capitalizable project work.
- Build and maintain the IT cost allocation / showback model, partnering with IT to allocate and show back costs to the business to drive value.
- Analyze and support the timely creation of meaningful ad hoc “what-if” financial analysis.
- Identify knowledge gaps and develop tools, processes & models to provide meaningful information to internal customers.
- Demonstrate a commitment to the process of continuous improvement. Identify and eliminate non-value-added activities and streamline processes.
The Tools You’ll Need to Have:
- Bachelor’s degree in Accounting or Finance.
- Four to six years of experience in an accounting or finance related field.
- Excellent mathematical and analytical skills.
- Able to effectively communicate with all levels of the organization (written, verbal, presentation, and listening).
- Proficient in Microsoft applications, with advanced Excel knowledge.
- Experience with Oracle & CCH Tagetik application considered a plus.
- Self-motivated.
- Ability to work well on diverse, cross-functional teams.
- Able to handle multiple tasks in a fast-paced environment.
We provide these great perks and benefits:
- Robust health, dental and vision insurance plans
- Generous 401 (K) savings plan
- Education assistance
- On-site wellness, fitness center, food, and coffee service
- And many more, check out our benefits site HERE.
Milwaukee Tool is an equal opportunity employer.
