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Financial Analyst

Company: MTS Systems Corporation
Location: Eden Prairie
Posted on: January 21, 2023

Job Description:

Company Description
smart people.
smart ideas.
smart choice.
A thriving environment for learning, innovation and growth.
Why do so many people join MTS Systems Corporation and stay for a career? Because this is a place where you get to apply your creativity, work with smart people on fascinating projects, and make a positive impact on people's lives. It is a place where you can learn, innovate and grow professionally.
Transforming what's possible with cars, aircraft, bridges, wind turbines and space-age materials - this is work we dream about as kids. At MTS, it's a rewarding career path for talented individuals who are willing to work hard, think hard, and commit to solving complex and critical challenges for our customers around the world, many of whom are leaders in their respective industries.
By joining MTS, you'll have access to the latest tools and technologies, along with the support of colleagues who are passionate about their work. You'll discover a dynamic culture of continuous improvement that extends to our people, one that offers numerous ways to expand your knowledge and advance your career. And because we are a global company, your work may also include world travel.
Job Description
Job Summary
Partner with the finance team and functional business unit managers to assist in driving financial planning, forecasting, and reporting analysis. Assist in the development of process improvements, variance analysis, and monthly reporting.
Primary Areas Of Responsibility

  • Gathers data and develops analysis to evaluate the performance and productivity of the business.
  • Develops monthly, quarterly, and ad hoc reporting and analysis, both financial and operational, to drive management decision making.
  • Performs backlog conversion and revenue, cost of sales and cost center forecasting.
  • Develop and maintain the financial status of customer orders and related projects, including detailed revenue and cost plans, project and order risk assessment and coverage, and recommendations for reserves and contingencies.
  • Support functional and business unit managers in the development of annual budgets and forecasts.
  • Develop methods and tools to support financial data collection, performance modeling, statistical analysis, and complex reporting.
  • Set-up, operate and maintain planning systems and tools. Support efforts to enhance and expand system and tool capabilities.
  • Participate/lead in reporting and analysis process improvement projects, and in special analysis and reporting projects.
  • Other duties as assigned.
    Minimum Qualifications
    • Bachelor's degree in Account or Finance
    • 0-2 years of related experience
    • Demonstrated ability in meeting specified objectives using technical and problem-solving skills working with minimal supervision.
    • Excellent technical accounting skills and knowledge of computer based financial applications.
    • Strong communication and time management skills
    • Demonstrated ability to accomplish broadly defined objectives with minimal direction, exercising creativity, initiative, and good business judgment
      Preferred Qualification
      • Knowledge of Enterprise Resource Planning software, Business Objects (e.g. SAP)
        The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
        While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; reach with hands and arms; and talk or hear. The employee is occasionally required to stand; walk; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception, and ability to adjust focus.
        Additional Information
        All your information will be kept confidential according to EEO guidelines.
        MTS is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.
        We do not accept unsolicited resumes. To be considered an applicant, please apply online to a specific job posting.
        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: MTS Systems Corporation, Eden Prairie , Financial Analyst, Professions , Eden Prairie, Minnesota

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