Illinois Tool Works

Accounting Manager - IE&A

Illinois Tool Works • $85K — $110K *
Appleton, WI 54915In-Person
Legal & Accounting
5 - 7 years of experience
1 month ago
Job Overview by Ladders

Qualifications

  • Bachelor's degree in accounting or related field required.
  • Minimum of five years of broad accounting experience essential.
  • Experience with ERP and financial reporting software is required, Microsoft D365 expertise is advantageous.
  • Advanced skills in MS Excel are necessary.

Responsibilities

  • Manage the monthly, quarterly, and year-end financial closing process and reconcile accounts.
  • Prepare management reports and effectively communicate results.
  • Monitor financial performance, analyze trends, and provide insights for strategic decisions.
  • Utilize tools and technologies to analyze data for process improvements.
  • Assist employees in understanding financial impacts and provide financial training.
  • Collaborate with department managers on expense management and P&L segmentation.
  • Lead and develop the accounting team through guidance and training.

Benefits

  • Opportunities for continuous learning and professional development.
  • Collaboration with cross-functional teams to drive business improvements.
  • Engagement in strategic financial projects to enhance operational decision-making.
  • A role that encourages innovation through simplification of processes.
Full Job Description
Job Description:

Industrial Equipment & Automation is part of ITW's North American Welding Industrial Platform with multiple locations within Appleton, WI and Carol Stream, IL, and annual revenue exceeding $340M. This position will have direct responsibility for managing the overall accounting functions and financial reporting for the Division. In addition, this position will partner with the Division Controller in various financial projects including Annual & Long-Range Plan, analyzing strategies, and analysis of key business metrics that drive management decisions.

What you will do and impact:

Accounting Management, Analysis and Reporting:
  • Manage the monthly, quarterly, and year-end financial closing process, account reconciliations, and prepare annual tax reporting.
  • Prepare accurate management reporting and communicate the results effectively.
  • Monitor and analyze financial performance, identify trends, and provide meaningful insights to management for strategic decision-making.
  • Leverage available tools and technologies to analyze data to support process improvements and operational decisions.

Team Leadership and Development:
  • Assist employees in understanding how decisions impact financials, identify and communicate key business drivers, and provide training to enhance overall financial awareness.
  • Work with department managers to understand departmental expenses, create outlook and planned departmental expenses, and segment P/Ls.
  • Partner with the Division Controller in planning, assigning, and directing work in the department including projects in sourcing savings, working capital management and employee involvement.
  • Lead and develop the accounting team by providing guidance, training, and feedback.

Cross Functional Collaboration:
  • Apply 80/20 thinking to reduce complexity and simplify processes.
  • Participate in cross-functional projects within and outside the Division.


What you need to do to be successful:
  • Cultivate Curiosity: use a curious mindset and a strong desire for continuous learning, particularly regarding business processes and their influence on financial outcomes.
  • Prioritize Effectively: prioritization that aligns with business objectives. Exhibit high motivation, personal accountability, and coaching abilities to drive success.
  • Drive Financial Improvements: initiate and implement financial improvements that support and enhance business operations.
  • Attention to Detail: Be detail-oriented with robust problem-solving and organizational skills to ensure precision in financial management.
  • Self-Starting Initiative: Be an aggressive self-starter with the capacity to independently lead and execute projects with minimal direction.
  • Effective Communication: Communicate effectively, both verbally and in writing, with customers, suppliers, and all team members, facilitating productive interactions.
  • Flexibility: Be open to minimal travel as required to fulfill job responsibilities.


Qualifications
  • Bachelor's degree in accounting or related field along with a minimum of five years of broad accounting experience.
  • ERP and Financial Reporting software experience required, Microsoft D365 expertise is beneficial.
  • Advanced MS Excel skills.


About Illinois Tool Works

ITW is an industrial manufacturing company that specializes in the fields of industrial machinery, engineering, operations, sales, marketing, finance, and accounting. It's in deep-sea oil rigs, aerospace technology, bridges and wind turbines, healthcare, the spaces in which they live and work, the cars they drive, and the mobile devices they rely on. It was founded in 1912 and headquartered in Glenview Nas, Illinois.

Illinois Tool Works Careers

Join the dynamic team at Illinois Tool Works (ITW), a global leader in diversified manufacturing, where innovation and excellence drive us forward. ITW offers unparalleled job opportunities, fostering a culture of growth and leadership in the industry.

Work You’ll Do

At Illinois Tool Works, you will be part of a professional community that thrives on creativity and innovation. Our employees are equipped with the skills needed to succeed and are provided with endless opportunities for professional growth. Engage in work that matters, with projects that transform industries and enhance futures.

Explore Career Paths

Whether you're seeking an internship, a graduate opportunity, or a seasoned professional position, ITW offers a range of career paths across various departments. Our team benefits from a supportive and diverse working environment where every member’s contribution is valued.

Innovate and Lead

Join a team where innovation leads to revolutionary solutions in industries worldwide. At ITW, you will work alongside industry experts to develop new ideas and strategies that keep us at the forefront of technological advancements. Your career at ITW will be marked by a continuous journey of growth and leadership.

Develop Your Skills

With ITW’s commitment to professional development and diversity training, you will enhance your skills through targeted training programs and workshops. These opportunities not only boost your career but also ensure you stay competitive in the job market.

Be Part of Our Culture

ITW is dedicated to building a culture that respects and embraces diversity, encourages innovation, and fosters leadership. Our team is our greatest asset, and we believe in providing them with the benefits and resources they need to succeed both professionally and personally.

Networking and Professional Growth

Expand your professional network through ITW’s global presence and collaborative work environment. Engage with professionals across different sectors, gaining insights that can lead to significant career advancements. Our networking events and professional groups help you connect with key industry leaders and peers.

Join Our Team

Search for open positions that match your skills and interests on the ITW Careers page. We are looking for passionate, curious, and solution-driven team players who are ready to take their career to the next level.

Stay Connected

Keep up to date with the latest industry trends, company news, and career tips by following our careers blog. Personalize your experience by subscribing to job alert emails, tailored to your preferences and career goals. Explore the opportunities at Illinois Tool Works today and discover how your expertise can help shape the future of our company and the industries we serve. Join us in our mission to achieve excellence through innovation and leadership.
Learn more about Illinois Tool Works
Size
45,000 employees
Market Cap
$68.1 billion
Industry
Manufacturing & Automotive
Net Income
$2.1 billion
Founded
1912
5 Year Trend
+1.2%
Revenue
$12.5 billion
NASDAQ
ITW
* Ladders Estimates

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