Commercial Senior Financial Analyst - Minneapolis, MN, US

March 11, 2025

Salary Range:$90,000.00 To $100,000.00 Annually

Overview

Turck has a reputation for high quality sensors, distributed I/O, and connectivity solutions. Responding to the expanding needs of our customers, Turck’s offering has grown to include identification, safety barriers, isolators, machine safety, industrial controls, and system solutions. We dedicate ourselves to finding the optimal engineered solution for every application, no matter the challenge. With manufacturing sites in Germany, Switzerland, the USA, Mexico, and China -- all using the most up to date processes -- Turck makes sure that you get what you need, when you need it, wherever you may be.

At Turck, we are a growing and global team. In addition to great perks and challenging work assignments, we invest in our people with enriching career growth opportunities. We believe in a friendly and collaborative environment with open lines of communication.

Job Summary

The Commercial Senior Financial Analyst will partner with Sales, Marketing & Research and Development (R&D) departments, developing and maintaining financial models and reports for decision support, assisting with forecasting the company’s operational costs, analyzing actual financial results, supporting the business with financial implications of business changes and conducting ad hoc reporting and analyses as needed. This role will be instrumental for driving improved margins, growth, market share and providing analytical insights and decision support for Sales, Marketing & R&D leaders.

What will you do?

• Coordinate annual operating plan (budget) for Sales, Marketing & R&D departments 
• Support assigned business partners with expense reporting, forecasting and planning at a cost center level
• Generate quarterly forecasts and provide suggestions to ensure achievement of key performance metrics
• Review monthly, quarterly, and annual financial performance versus plan and forecast
• Identify risks, opportunities, and gaps to forecast and plan. Identify and recommend corrective action plans to mitigate key risks
• Develop reports for management using business intelligence tools and advanced Excel
• Collaborate with the Quote to Cash Process owner on business process improvement related to pricing and sales operations changes and ensure the financial implications are understood
• Collaborate with Marketing & R&D on business process improvement initiaives and ensure the financial implications are understood
• Provide financial support for business decisions by creating and maintaining financial models, performing economic research, analyzing rates of return, depreciation, working capital, profitability, and cash flow impacts
• Report on actual financial performance vs. initial expectations for assigned business cases
• Support the company’s strategic plans by analyzing and reporting performance of growth initiatives and identifying key performance indicators
• Support monthly financial close activities and group reporting to parent company
• Further develop, optimize and automate financial management reporting
• Participate in continuous improvement and optimize existing processes to facilitate decision support and improve financial performance
• Continuously identify opportunities to provide enhanced insights into the business and drive efficiency and profitability
• Ad-hoc financial analysis and participation in special projects as requested by management
• Collaborate with colleagues in Germany to ensure consistent treatment of financial KPIs, sales controlling activities and business models

What will you bring to the table?

Education:

Bachelor’s Degree in Accounting, Finance or equivalent.   MBA a plus

Experience:

• Minimum 5 years of Financial Planning & Analysis experience including 3+ years of experience as a financial analyst supporting Commercial Finance (pricing, sales channel, marketing, rebates, etc.)
• Strong business acumen, ability to negotiate and influence decision making
• Analytical, Interpersonal, Organizational, and Project Management exposure
• Successfully deal with Ambiguity and Change, Comfort Around Higher Management, and Presentation skills
• Experience with Proforma modeling, ROI and risk assessment
• Experience working in a large multi-national environment
• Ability to analyze and identify key issues, convey results and present alternatives in a concise manner to Senior Management
• Broad understanding of the business and processes and able to make necessary linkages of business factors to the impact on plan and results
• Advanced experience with MS Excel and Database tools
• Experience with SAP, Power BI
• SAP implementation experience preferred

Working Conditions/Physical Demands, Travel, etc.

The majority of time is spent sitting at a workstation working on a computer. The job requires frequent high attention to detail involving data entry and review of accounting and financial data.  The jobholder must also meet daily and monthly report deadlines with a high degree of attention to detail and accuracy.

What we offer

As a Turck employee, you will be eligible to participate in Turck‘s comprehensive benefits program, which includes medical, dental, and other well-being offerings, as well as a 401(k)-retirement savings plan. Receive a competitive salary and an amazing benefits package as you grow your career at Turck. The estimated annual salary for this role is between $90,000 - $100,000.

It is the policy of Turck to provide equal employment opportunities without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, marital status, veteran status, sexual orientation, genetic information, or any other protected characteristic under applicable law.