at GATX Corporation in Chicago, Illinois, United States
Job Description
Financial Analyst
Job Locations
US-IL-Chicago
ID
2024-3825
Category
Finance
Position Type
Full Time
Overview
Founded in 1898 and headquartered in Chicago, IL, GATX Corporation (NYSE: GATX) is an industry leader with 125+ years of success-success that is powered by our people. We are proud of our high-performance culture, hard-working and enthusiastic management team, and beautiful office space in the Willis Tower.
At GATX, we hire the best and offer our employees a dynamic, energetic, collaborative environment to enable them to make an impact from day one. Enjoy the perks and benefits of a global company with the close-knit culture and community of a much smaller one. In the same way we strive to empower our customers to propel the world forward, we are dedicated to providing our people with the tools and resources they need to move forward in their careers. And, thanks to our employees, in 2023 we were named one of Chicago's Top Workplaces by the Chicago Tribune for the fourth time!
The Business Analysis Group performs a wide range of activities around financial data management, analysis, reporting and modeling. The HYBRID Financial Analyst is primarily focused on supporting Commercial and Operations functions within the North American Rail business. The Rail Commercial and Operations groups rely heavily on the group on a regular basis to meet virtually all analytical and reporting needs. The Financial Analyst must therefore provide accurate and timely reporting and analysis to support commercial strategies, investment decisions, and performance improvement efforts.
Responsibilities
North American Rail Commercial and Operations reporting and analysis:
Prepare monthly sales activity report, report key/significant activity-based statistics, and obtain commentary from fleet managers.
Determine renewal success percentage and the underlying contributing car types.
Prepare North America trend tables/charts/graphs of key performance metrics for monthly and quarterly operation reports. Support variance analysis of change from forecast, budget and prior periods.
Develop, update, maintain and document queries for the SAP-Business Warehouse Revenue Analysis Tool to support rate/volume and other variances analyses.
Prepare information and support for quarterly review meetings for fleet status reporting, lease rate performance, term management and key customer exposures.
Support incentive compensation plan targets and results calculation for Rail's North American sales force.
Analyze system generated data for erroneous information. Work with Fleet Managers and IT to discover the cause and correct any problems.
Actively participate in the forecasting and budgeting of North American railcar lease revenue and maintenance expenses. This includes having a solid, working knowledge of the budget model, developing and maintaining templates, collecting input from account managers, fleet managers, structured finance, and others throughout the organization to build budget assumptions, develop revenue, expenses and investment projections; and analysis of results for commercial management review.
Prepare key metrics, analysis and supporting information for budget and forecast presentations to management.
Support the budget/forecast model and reporting processes. Document the processes and continually review and update documentation to reflect any changes.
Support and maintain Business Analysis Group Power BI Reporting.
Special Assignments/Projects:
Provide analytical support for interdepartmental projects and activities. Examples include railcar-based financings, pricing and investment analysis, operations finance, and market analysis.
Other frequent ad-hoc analyses and reports as required by GATX senior management and Rail Commercial management.
Qualifications
Interaction:
The position interacts with all levels of the organization, especially within Rail Commercial and Operations groups. Key groups include the Chief Commercial Officer, VPs of Operations, Fleet Portfolio Management, Sales, Structured Finance, as well as senior executive management.
Education and/or Experience Required:
Bachelors degree in finance, accounting, engineering, or other field requiring analytical thinking
Minimum 2+ years of relevant experience in analytical roles required.
Advanced Microsoft skills required.
Experience with SAP or other ERP system, data mining and databases experience highly preferred.
Knowledge of equipment leasing and/or North America rail industry desirable.
Other:
Heavy workloads at times may require working evenings or weekends at office or from home.
Minimal travel.
GATX embraces diversity, and we are proud to be an Equal Opportunity... For full info follow application link.
GATX embraces diversity and we are proud to be an Equal Opportunity Employer. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills.
