US Accounting Leader

1 day ago


Lakeville, Minnesota, United States ITW Full time
Job Title: US Controller

ITW is seeking a highly skilled and experienced US Controller to lead the Accounting function for our US locations. This role will be responsible for overseeing the monthly close process, developing and enhancing internal controls, coordinating and managing the internal and external audit process, and performing financial analytics to support the EAE Leadership team.

Key Responsibilities:
  • Supports the monthly transactional financial close process, including the WW consolidation of actual results and facilitating a WW full year outlook of the segmented P&Ls.
  • Responsible for providing management with variance analysis and comments explaining performance against Plan and Forecast.
  • Departmental spending (Budget v. Actual) reporting to Management.
  • Partners with the Division Controller in preparing and leading the Strategic Planning (LRP) and Annual Operating Plan (AOP).
  • Ensures that the EAE Leadership team understands the financial statements, financial policies, and internal controls.
  • Mentor and coach the leadership team on financial literacy wherever necessary.
  • Provide financial support for all levels of the business unit, including customer pricing, return on investment analysis, cost savings initiatives, operational key performance indicators, and other financial modeling.
  • Protects ITWs assets and manages risk.
  • Coordinates timely and accurate month end close with staff, including but not limited to Accounts Receivable (AR), Accounts Payable (AP), Tax Compliance, and Payroll.
  • Oversees reconciliation of all balance sheet accounts, Fixed Asset management, preparation and/or review of obsolete inventory report, annual physical inventory, and various audits.
Requirements:
  • Bachelor's degree in Accounting or Finance (MBA or CPA preferred) with at least 5-10 years of progressive experience in Accounting and FP&A roles in a manufacturing environment.
  • Excellent communication skills, both verbal and written, with excellent interpersonal skills and presentation skills.
  • Effective presentation/communication skills, with the ability to effectively present information and respond to questions from groups of managers, team members, and internal customers.
  • Ability to use financial data to draw accurate conclusions from financial information and understands the key financial indicators and communicates effectively to the stakeholders.
  • Deadline-oriented, with the ability to multi-task, delegate when necessary, and work independently.
  • Superior Microsoft Office skills, specifically proficient in Excel, with experience with QAD an advantage.
  • Comprehensive knowledge and application of Accounting concepts, techniques, and principles.
  • Willingness to travel domestically and internationally as necessary (estimated at 15%).
  • Ability to assess talent and attract high-caliber talent, with the ability to give clear, motivating, and constructive feedback, and provide challenging assignments to facilitate individual development and succession planning.

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