Hobart Service, an Illinois Tool Works Company, has been in business for over 125 years and is the trusted source for Commercial Food Equipment Service Solutions. We have over 1,700 associates nationwide who serve as valued partners to our customers. Our employees are dedicated to providing the best customer service, give back to the communities where they live and work, and demonstrate the ITW values of Integrity, Simplicity, Trust, Respect and Shared Risk.
This position is responsible to analyze and forecast financial, economic, and other data to provide accurate and timely information for strategic and operational decisions. Collect, compile, verify, and analyze financial information and economic indicators so that senior management has accurate and timely information for making strategic and operational decisions on, for example, acquisitions, investments, capital expenditure, divestitures, mergers, or the sale of assets. Analyze the financial implications of proposed investments or other transactions so that senior managers can evaluate alternatives against the organization's business objectives. Evaluate industry, economic, financial, and market trends to forecast the organization's short, medium and long-term financial and competitive position. Data analyzed may include revenues, expenses, costs, prices, investments, cash flow, profits, labor market trends, inflation, interest rates, and exchange rates. Requires a Bachelor's degree and a minimum of 3 years of experience.
This position will sit in our Troy, OH office.
ESSENTIAL DUTIES AND RESPONSIBILITIES
These are the most significant job duties performed. The size, scope and complexity of assigned duties and responsibilities are dependent on the level and experience of the incumbent. To perform this job successfully, an individual must be able to perform each assigned essential duty satisfactorily. Other responsibilities or special projects not specifically listed below may also be assigned.
40% - Develop pricing strategies and product development that drive ongoing improvement in sales and profitability
Develop dynamic pricing tools to effectively respond to changing market needs and trends.
Develop programs to track ROI throughout the service product portfolio.
Track service product profit and continually look for ways to improve margins.
20% - Analyze pricing data from industry standards, previous sales trends and competitors and report data
20% - Forecasting revenue and market share based on market trends, costs, profits margins and sales volumes.
Compare sales trends to previous periods and determine the cause for decrease or increase
Work with sales management on monthly, quarterly, and annual planning around service contract sales.
20% - Develop tools and generates reports across organization
Assist other departments by pulling ad-hoc reports or by developing tools meant for repeated use
Education and Work Experience
Bachelor's degree in finance, accounting, business administration, or related field.
Experience in Excel and SQL Server Management Studio.
Desired Education/Experience
Minimum of 3 years of experience in pricing analysis is preferred, but not required.
Certificates and Licenses
Six Sigma Black Belt or Green Belt, Continuous Improvement is preferred, but not required.
Job -Specific Knowledge
To perform this job successfully, the individual needs to demonstrate knowledge of these areas as they relate to the primary functions of the job.
Strong communication skills, both verbal and written
Strong analytical skills
Strong mathematical skills
Excellent decision-making skills
Demonstrated ability to collaborate across organization
Strong knowledge of the pricing analysis and current best practices
Excellent MS Office (Excel, Outlook, PowerPoint, Word) capabilities required
Proficient in SQL Server Management Studio
Proficient in Microsoft ERP systems
Why work for us?
Competitive pay
Great insurance options with low premiums
Paid vacation and holidays
401K with company match
Extensive on-the-job, online, and classroom training
Service vehicle, uniforms, and safety equipment provided
Safety-conscious work environment
Hobart Service is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.
ITW and Hobart Service are committed to providing a healthy and safe environment for all employees. To demonstrate this commitment, Hobart Service is tobacco-free (including e-cigarettes) on campuses and within company vehicles and maintains a drug-free workplace.
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 contact Human Resources at service.hr@hobartservice.com 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.
ITW 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.
