Staff Accountant

4 weeks ago

Glenview, United States Illinois Tool Works Full time

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 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. The ITW Residential & Renovation division is seeking a Staff Accountant in our Glenview, IL location to provide accurate and timely financial information for internal and corporate reporting. The Staff Accountant will reconcile balance sheet accounts by predetermined due dates, manage the cycle count process, inventory reporting, and complete ad-hoc analysis as required. This role will partner with Operations, Sales, and Marketing to improve overall performance/productivity and communicate effectively with internal and external partners. Core Responsibilities Prepare monthly journal entries and account reconciliations for specified general ledger accounts. Perform day-to-day general ledger accounting, financial reporting & analysis for assigned functional areas. Monitor and maintain accurate records of inventory, cycle and physical counts. Work closely with the procurement, warehouse, and finance teams to ensure seamless inventory management processes. Research and resolve divisional inquiries from corporate or external partners. Participate in the development, enhancement, and monitoring of company internal controls. Provide financial support for various special projects including cost analysis, internal/external audits, sales/use tax audits, manufacturing surveys, and other ad-hoc requests. Ensure company policies are being followed as well as implementation of new controls as they arise. Minimum Requirements Bachelor’s degree in Accounting or Finance required or equivalent advanced degree. CPA or MBA preferred. Minimum of 1-2 years of Accounting or Finance experience. Advanced MS Excel skill, Power BI or similar database experience. Working knowledge of ERP systems, financial report writers, business intelligence systems (e.g., Cognos, is a plus). 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. Manufacturing and Cost Accounting experience preferred. #J-18808-Ljbffr

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