Financial Rotational Analyst

Snap-On Business Solutions - Kenosha, WI

Full-time - Entry Level

Kenosha, WI

1,001-5,000 employees

Professional, Scientific, and Technical Services

About the position

The Finance Analyst Rotational Development Program at Snap-on Incorporated is designed to provide participants with a comprehensive and immersive experience in various finance functions within the company. Founded in 1920, Snap-on is a leading global innovator in tools and equipment, and this program aims to cultivate the next generation of finance professionals by offering a broad domestic and international finance experience. Participants will rotate among key departments such as Internal Audit, Treasury, Corporate Accounting, and the Snap-on Tools Finance team every 6-8 months, depending on business needs. This structure allows for a diverse set of experiences and a deep understanding of the corporate and business unit functions within Snap-on. Throughout the program, participants will engage in critical tasks that enhance their skills in areas such as critical thinking, communication, collaboration, problem-solving, project management, financial analysis, and accounting. Each rotational experience is tailored to provide hands-on learning opportunities, where participants will work closely with management and staff to execute audits, manage treasury operations, provide accounting support, and conduct financial analysis. The program not only focuses on skill development but also emphasizes networking opportunities, allowing participants to connect with professionals and leaders across Snap-on's Finance departments, fostering mentorship and collaboration. Upon completion of the program, participants will have the opportunity to apply for open roles within Snap-on. While temporary work assignments may be available, final placements will depend on position availability and the candidates' interests and skill sets. It is important to note that completion of the rotational program does not guarantee a final position placement, and all employment is subject to Snap-on's Corporate Policy and Procedures Manual, including the at-will nature of employment.

Responsibilities

• Participate in internal control, operational, financial, and compliance reviews throughout the company.
• Work closely with management and staff to plan audits, execute fieldwork, and draft audit reports.
• Perform daily treasury operations, including management of cash balances across multiple banks and structures.
• Make short-term borrowing and investment decisions, initiate electronic payments, and reconcile daily bank transactions.
• Assist with bank account administration, including opening/closing accounts and service modifications.
• Provide accounting support to corporate management, ensuring the integrity of corporate financial balances and timely closing of financial records.
• Assist with various corporate processes, including management of the property, plant, and equipment system.
• Provide accounting, reporting, and analysis support within the Snap-on Tools Finance organization.
• Complete timely and accurate monthly closing tasks in compliance with GAAP and Snap-on policies.
• Conduct meaningful financial analysis to better understand trends and guide business decisions.

Requirements

• Bachelor's degree in Business Administration, Finance, Accounting, or related field.
• Previous internship or applicable work experience.
• Knowledge of basic Finance and Accounting concepts.
• Familiarity with U.S. and international accounting regulations preferred.
• Proficient in Microsoft Office Suites: Excel, Word, PowerPoint, Access.
• Excellent planning and organizational skills, attentive to details.
• Ability to multi-task and meet deadlines.
• Strong attention to detail.

Benefits

• Development in key skill areas such as critical thinking, communication, collaboration, problem solving, project management, financial analysis, and accounting.
• Networking opportunities with professionals and leaders throughout Snap-on's Finance departments.