IDEAL INDUSTRIES, INC.

Senior Financial Analyst - FP&A

Job Locations US-IL-Chicago
ID 2024-5813
# of Openings
1
Type
Regular Full-Time
Shift
Day Admin

Overview

IDEAL INDUSTRIES, INC. has built a reputation for over a century by crafting iconic tools and practical technology required in aerospace, data communications, electrical, wire processing and construction. The global family of IDEAL brands includes IDEAL Electrical, Anderson Power, and Enatel.

 

A vibrant and dynamic company, IDEAL is best known for our wire connectors, the gold standard for making electrical connections around the world. Nearly every commercial jet is assembled using IDEAL wire strippers and, as part of the critical equipment on NASA missions, our tools even help NASA astronauts fly to the moon. Most important, our products benefit skilled tradespeople, who reach for IDEAL tools every day.

 

IDEAL is propelled by the concept of Building an IDEAL World. Our family-run business is committed to building ideal relationships with customers, employees, and communities by crafting some of our industry’s most innovative and trusted tools.

 

Reporting to the FP&A Director, the Senior Financial Analyst - FP&A provides timely reporting, insights and financial forecasting while also taking on finance systems administration responsibilities. The ideal candidate will possess a strong analytical background, exceptional communication skills, and a proactive approach to problem-solvingThis role requires the ability to learn quickly, think & communicate clearly and partner with business.

Responsibilities

Financial Planning and Analysis

  • Conduct comprehensive financial analysis to support business decision-making and strategy development.
  • Develop, maintain, and enhance financial models to forecast revenue, expenses, and profitability.
  • Prepare and present financial reports, variance analyses, and performance metrics to senior management.
  • Collaborate with cross-functional teams to gather data, identify trends, and provide actionable insights.
  • Assist in the annual budgeting process and periodic forecasting updates.
  • Monitor key performance indicators (KPIs) and provide recommendations for performance improvement.

 

Finance Systems Administration

  • Serve as the primary administrator for finance-related systems and tools, ensuring data integrity and optimal performance (OneStream).
  • Manage system enhancements, upgrades, and user training to maximize efficiency and effectiveness.
  • Collaborate with IT and assist business finance teams to troubleshoot system issues, respond to questions and implement solutions.
  • Develop and maintain documentation for system processes and user guides.
  • Assist in the integration of financial systems with other organizational systems to improve data flow and reporting capabilities.

 

Dashboard Creation & Reporting

  • Design and create interactive dashboards and reports using Microsoft Power BI & Excel to visualize financial data and key metrics.
  • Leverage BI tools to enhance reporting capabilities and streamline data presentation for stakeholders.
  • Ensure dashboards are user-friendly and provide actionable insights to drive business decisions.

 

Additional Responsibilities

  • Support ad-hoc financial analysis and reporting requests as needed.
  • Stay updated on industry trends, regulatory changes, and best practices in financial analysis and systems administration.
  • Assist business with master data clean-up and data standardization activities.

Qualifications

Requirements & Candidate Characteristics:

 

  • Bachelor’s degree in Finance, Accounting, Business Administration, or related field; MBA or relevant certification (CFA, CMA, CPA) preferred.
  • 5+ years of experience in financial analysis, preferably within a corporate finance or FP&A environment.
  • Strong proficiency in financial modeling and analysis tools, including Excel & Microsoft BI and experience with Enterprise Performance Management systems (e.g., OneStream, Hyperion).
  • Demonstrated experience in applying knowledge of accounting and forecasting concepts in developing integrated financial projections for full financial statements
  • Demonstrated expertise in creating dashboards and reports using Microsoft Power BI or similar BI tools.
  • Excellent analytical, problem-solving, and organizational skills with a keen attention to detail.
  • Effective communication and presentation skills, with the ability to convey complex information clearly.
  • Proven ability to work collaboratively in a fast-paced, dynamic environment partnering with senior management, divisional staff, and functional peers.
  • The ability to listen actively and ask relevant questions, as well as confident, independent thinking that communicates an analytic point-of-view to finance and business partners
  • Excellent organizational, analytical, quantitative and problem-solving skills
  • Advanced written and verbal communication skills

 

We look forward to welcoming a talented Senior Financial Analyst to our team!

 

 

IDEAL INDUSTRIES, INC. is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status. We are proud to be an equal opportunity employer and we know that it is our people that truly separate us from the competition.  We offer competitive compensation and benefits including medical, dental and vision insurance, 401K and a Pension plan.  To learn more about us, visit us at www.idealindustries.com

 

Please review IDEAL Industries’ Privacy Notices IDEAL - Applicant and Candidate Privacy + CA Notice. By continuing, you acknowledge reviewing and understanding these notices.

 

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