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Senior Staff Accountant

4 months ago

Glenview, United States ITW Full time
Company Description

ITW (Illinois Tool Works Inc.) is a Fortune 200 company and is one of the world's leading diversified manufacturers of specialized industrial equipment, automotive components, consumables, and related service businesses. ITW businesses serve local customers and markets around the globe, with operations in 55 countries and an employee base of more than 46,000 women and men who adhere to the highest ethical standards. These talented individuals, many of whom have specialized engineering or scientific expertise, contribute to our global leadership in innovation. We are proud of our broad portfolio of more than 17,000 granted and pending patents.

ITW Residential and Renovation Construction provides Industry leading, premium branded, cordless nailing systems and fastening solutions, that deliver superior productivity and reliability to meet the needs of professional remodelers and residential framers, with a widely available product portfolio at their preferred retail or dealer outlets The 80 focus for the division is aggressive market growth while sustaining profitability.

ITW offers its employees a path for advancement, a competitive salary, and a comprehensive benefits package designed to help employees care for themselves, their families, and their futures.

Job Description

The Senior Staff Accountant will be responsible for working collaboratively with members of the Finance, Sales, Marketing and Operations teams to provide timely financial analysis to aid in making business decisions. Additionally, this role will be responsible for general accounting and timely month-end close processes including sales, rebates, balance sheet reconciliations and ad-hoc analysis as required. This role will effectively communicate and coordinate the exchange of financial information across the different departments with in-depth knowledge to guide effective business decisions that deliver profitable growth.

Core Responsibilities
  • Review, analyze, and report on financial performance on monthly, quarterly, and YTD basis.
  • Monitor and report on key business metrics.
  • Assist in successfully performing month-end journal entries, reconcile balance sheet accounts, analyze variances, and complete bridge schedules and spending analyses.
  • Provide financial support and be a business partner to commercial and operations functions. Support includes price-cost trends, cost improvement opportunities, and profitability analysis of products, suppliers, programs and special projects.
  • Utilize Power BI dashboards and other data analytics models in order to increase financial data transparency and usability across the division and enhance decision making.
  • Assist in preparation of annual operation plan, long range strategic plans, monthly outlooks, quarterly reviews and other special analysis.
  • Understand and apply ITW financial policies consistently and effectively. Ensure that accurate financial records and strong internal controls are in place and being followed.
  • Assist and/or lead assigned projects focusing on continuous improvement by applying the ITW toolbox principles.
  • Other duties as assigned
Qualifications
  • Bachelor's degree in Accounting or Finance required or equivalent advanced degree. CPA or MBA preferred
  • Minimum of 3 years of Accounting or Finance experience
  • Advanced MS Excel skill, Power BI or similar database experience
  • Cost Accounting and Manufacturing experience preferred
  • Strong business communication and excellent analytical skills, including the ability to analyze raw data and apply creative/innovative analysis, and the capability to form key, succinct, and actionable insights and recommendations
  • Collaborative and highly communicative, self-directed with high orientation to teamwork
Additional Information

Work Environment:

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Most time will be spent in an office environment. Occasionally the employee may be required to spend time in manufacturing and construction sites. Certain personal protective equipment is required when in the manufacturing areas and construction sites.
  • Work is normally performed in an office environment.
  • Travel requirements - Up to 10% to our other local NA facilities.

Physical Demands:

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 talk or hear. The employee frequently is required to stand; walk; use hands to finger, handle or feel; and reach with hands and arms. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus.

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.

All your information will be kept confidential according to EEO guidelines.

We do not accept unsolicited resumes. To be considered an applicant, please apply online to a specific job posting.

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 click here for information on how to contact us directly.

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 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.