Illinois Tool Works

Controller

Illinois Tool Works • $100K — $120K *
Gallatin, TN 37066In-Person
Finance & Insurance
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • 5+ years of experience in financial reporting and analysis
  • Strong understanding of GAAP and internal controls
  • Proven leadership skills in mentoring and developing finance teams
  • Experience in coordinating operational performance metrics (KPIs)
  • Ability to perform variance analysis and communicate insights effectively
  • Practical knowledge of capital investment and productivity projects

Responsibilities

  • Lead financial reporting processes on a monthly, quarterly, and annual basis
  • Mentor the Accounting Manager for effective daily operations
  • Develop and coach the Financial Analyst in analytical skills
  • Monitor and communicate on operational performance metrics (KPIs)
  • Coordinate monthly variance analysis with cross-functional teams
  • Facilitate the monthly business review process for alignment on priorities
  • Drive initiatives for continuous improvement in reporting and productivity

Benefits

  • Professional development and mentoring opportunities
  • Supportive team environment focused on collaboration
  • Exposure to strategic projects across the organization
  • Opportunities to implement impactful financial strategies
  • Involvement in cross-functional business initiatives
Full Job Description

Job Description:

  • Lead the preparation and review of monthly, quarterly, and annual financial reporting requirements, ensuring the integrity of both ITW enterprise reporting and internal StampTech management reporting while providing analysis and insights that drive business performance and informed decision-making.
  • Mentor the Accounting Manager to effectively lead the day-to-day accounting and financial reporting activities for the Division while maintaining compliance with ITW policies, internal controls, and GAAP.
  • Develop and mentor the Financial Analyst through coaching, analytical skill development, and exposure to cross-functional business initiatives.
  • Develop, monitor, and communicate operational performance metrics (KPIs) including labor productivity, material productivity, inventory performance, sourcing initiatives, and manufacturing cost performance.
  • Coordinate monthly variance analysis of financial and operational performance compared to Outlook, Annual Plan, and prior year results, partnering with the Financial Analyst, Operations, Sourcing, Commercial, and Division leadership to understand business drivers, communicate insights, and identify opportunities for improvement and forecast alignment.
  • Lead the monthly business review process, ensuring alignment between operational performance, financial results, forecasting assumptions, and strategic priorities.
  • Lead the monthly Outlook, Annual Plan and Long-Range Plan through a solid operational and financial analysis process across the Division.
  • Business Partner to Plant Leadership and the Division Sourcing Manager to identify and execute productivity and cost reduction opportunities.
  • Support execution of ITW's 80/20 Front-to-Back strategy through operational analytics and profitability improvement initiatives.
  • Develop financial models and business cases supporting capital investments, productivity projects, automation initiatives, and strategic opportunities.
  • Monitor and improve working capital performance through analysis of inventory, accounts receivable and accounts payable.
  • Lead analysis and improvement initiatives related to inventory management, working capital performance, and cash generation.
  • Drive continuous improvement initiatives that simplify reporting processes, eliminate manual activities, and improve organizational productivity.
  • Partner with the Commercial Finance Manager to drive simplification and automation of operational reporting processes to maintain reporting tools, dashboards, and data warehouse solutions that improve operational visibility and forecast accuracy.
  • Champion ITW Toolbox methodologies and support operational excellence initiatives across the organization.

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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