Sr. Financial Analyst (Sourcing) - The Toro Company
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Applicants must be legally authorized to work in the United States. We are unable to sponsor or take over sponsorship of a school/employment or any other visa, regardless of expiration date, now or in the future. Who Are We? The Toro Company is a homegrown, Minnesota-based company that has been in business since 1914. We pride ourselves on providing world - class equipment to help maintain the environment that we love, while putting an emphasis on giving back to the communities that surround us. From residential lawns and gardens, to venues such as St Andrews Links and Target Field, we are a company with a global footprint and a passion for helping people beautify whatever landscape they may be in. With 100 years of operation under our belt and a healthy tenure , come find out what makes The Toro Company the best place in the Twin Cities to build a career. This is an ideal opportunity for a financial analyst who wants to learn, grow and develop while gaining experience in a global manufacturing environment. The role will be focused on partnering with the integrated supply chain Sourcing team and providing insights using data and analytics to drive sound business decisions. This is an individual contributor role but will provide influential leadership to business partners and project/initiative team members and leaders. In order to be successful, the individual must have a continuous improvement mindset and proactively seek out opportunities to standardize processes and systems. This person must have a positive attitude, be a team player with excellent communication skills and be comfortable working in a fast-paced, dynamic, change-oriented environment. Join us and continue developing your career and skills! What Will You Do? In order to grow and build a successful career with The Toro Company, you will be responsible for : Provide excellent service to internal business partners, being easy to do business with and a self-starter with a sense of urgency and ability to adapt to change. Provide the Sourcing function with insightful financial analysis, estimate alignment, month end accrual support and other related items. Analyze, report on and support the forecasting process for direct purchases, all material price variances and other purchase price variances. Utilizes existing Business Intelligence (BI) tools to provide meaningful analysis around actual financial results as compared to budgets, forecasts, and prior year results. Coordinate reporting and provide accurate and timely financial information for monthly reviews, quarterly projections, annual planning as well as other milestones as needed. Participate in cost reduction initiatives, including the tracking of cost reduction project results. Implement initiatives that simplify and automate processes. Identify, investigate, recommend corrective action and take action to issues while working with cross-functionally with colleagues in multiple departments. Perform other tasks and assignments as requested. What Do You Need? To be considered for this role, an individual should meet the following minimal requirements: Bachelor's degree in finance, business or accounting required. Advanced degree a plus. Previous experience in financial planning processes required. Analyst II: A minimum of 3-5 years' experience in financial planning or accounting Analyst III: A minimum of 5+ years' experience. Ability to solve complex problems with innovative solutions. Demonstrated project leadership experience Experience in Microsoft Office Suite products with advanced Excel skills required; experience in enterprise software (SAP), financial software (OneStream), and BI tools (PowerBI, Domo) Experience in a manufacturing environment preferred Ability to effectively communicate, collaborate, and provide leadership to team members and cross functional partners Strong analytical, accounting, and problem-solving skills, with a mindset to drive insight from vast amounts of data Able to meet deadlines and work under pressure Curious learner, self-starter with a continuous improvement mindset. Looks for ways to streamline and improve processes Ability to work successfully in a fast-paced dynamic organization with changing needs What Can We Give You? At The Toro Company, we are always working to make sure our employees know just how valued they are. In addition to a competitive salary, an affordable and top tier medical/dental/vision plan, 401k, and many other great benefits - The Toro company offers employees at our Bloomington, MN HQ location a variety of perks , including: Dress for your day - We know you're more productive when you're comfortable, which is why TTC employees are encouraged to take advantage of our casual, corporate environment. Location - Conveniently located near both St. Paul and Minneapolis, we are centrally located for most commuters! Food - Take advantage of our onsite café, which serves both breakfast and lunch. With a Caribou Coffee attached