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Financial Systems Analyst, HFM

Company: ITW
Location: Glenview
Posted on: May 16, 2022

Job Description:

Job DescriptionCompany Description

Since its founding more than 100 years ago, ITW has become one of the world's leading diversified manufacturers of specialized industrial equipment, consumables, and related service businesses. We place a high premium on the development of innovative solutions–most of which are developed in tandem with our customers. And we continue to ensure that our customers receive timely, cost-effective service for the innovative products we provide.ITW's differentiated business model is composed of a set of unique core capabilities: our proprietary 80/20 business process, customer-back innovation, and our well-known decentralized entrepreneurial culture. These capabilities are unmistakably ITW—and key to our longevity and strong performance.ITW's products and solutions are at work all over the world, in deep-sea oil rigs, aerospace technology, bridges and wind turbines, healthcare, the spaces in which we live and work, the cars we drive, and the mobile devices we rely on. We are never, whether we know it or not, more than a few steps from an innovative ITW solution.Today, ITW (NYSE: ITW) is a Fortune 200 company that employs nearly 50,000 people with operations in 55 countries with headquarters in Glenview, IL. We are conveniently located across from the Metra commuter rail, with access to an on-site gym, café and active employee resource groups. Job Description

ITW is looking for a Financial Systems Analyst to work within its Corporate Finance & Accounting Department, maintaining and assisting with the development of its financial consolidation system, Hyperion Financial Management (HFM), Financial Data Quality Management, Enterprise Edition (FDMEE), and legacy applications. The Systems Analyst will be part of a team that is responsible for the upcoming HFM upgrade, effective operations, maintenance, and training of financial systems. This position will report to the Supervisor of Financial Systems. Primary Responsibilities

  • Perform maintenance of application metadata, FDMEE Mappings and reports
  • Maintenance and support of the data submission application that supports data transfer to corporate from approximately 800 business units
  • Manage/monitor data integrity by performing problem identification & resolution of issues related to financial applications
  • Develop and maintain application security
  • Maintain FDMEE mapping tables used for data loads and conversion
  • Update financial reports for changing business needs
  • Interface with user community for training needs and trouble shooting
  • Collaborate with internal customers to understand business needs and opportunities.
  • Support all aspects of the financial consolidation and managerial reporting process at the corporate level
  • Create detailed processes and procedures around financial systems to assure accuracy and timeliness of financial reporting
  • Support monthly, quarterly, and annual financial closing processes along with forecasting process and annual budget
  • Apply knowledge of financial systems and business processes by recommending efficiency and quality assurance improvements to systems application usage or systems processes
  • Participate in upcoming HFM upgrade by updating test scripts; performing functional, application testing; understanding application/system modifications; and updating business processes and applicable process documentation.
  • Participate in SOX compliance auditsQualifications

    • Bachelors in Accounting, Finance or Information Technology required
    • 2-4 years experience working with Financial Systems in a large corporate financial reporting department
    • Previous experience working with a financial consolidation application; HFM preferred
    • Basic understanding of accounting/finance principles
    • Possess an understanding of financial processes, such as close, consolidations & reporting, planning, forecasting and reporting
    • Ability to follow precise procedures and demonstrate strong attention to detail is crucial to job performance
    • 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

      Additional Information

      Illinois Tool Works Inc. ("ITW" or "the Company") is an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.If you are a qualified individual with a disability and are unable or limited in your ability to use or access the online application system process due to your disability, please email to request assistance. No other requests will be acknowledged.ITW is an equal opportunity employer. We value our colleagues' unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential. As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship. All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.

Keywords: ITW, Glenview , Financial Systems Analyst, HFM, Accounting, Auditing , Glenview, Illinois

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