ITW is seeking a Sr. Manager, External Reporting, to oversee the Company's Technical Accounting, Financial Policies & Procedures and manage the preparation of the Company's financial filings with the SEC. This position will report directly to the Director, External Reporting and provide meaningful exposure to executive management and to key finance and operations leaders across ITW's worldwide operations. The role requires a strong working knowledge of U.S. GAAP and SEC reporting requirements, excellent communication skills, and the ability to collaborate effectively across disciplines and business units. This position is also viewed as a key developmental role, offering opportunities to strengthen leadership capabilities and progress into larger finance leadership roles over time.
Primary responsibilities include:- Monitor accounting literature for new reporting requirements that may potentially impact the Company and lead the implementation of new accounting standards
- Prepare quarterly accounting and regulatory update presentations for senior management and the Company's Audit Committee
- Work closely with Investor Relations and various financial reporting teams in the preparation and review of the Company's external financial communications (SEC filings and disclosures, annual report, earnings releases, communications with the investment community, etc.)
- Consult with operating and finance personnel at corporate and within ITW's diversified group of businesses related to accounting questions and the implementation of financial policies and procedures
- Work closely with key stakeholders in the development, revision and maintenance of the Company's Financial Policies & Procedures
- Act as a liaison with internal and external auditors on matters involving technical accounting, internal controls, financial policies and SEC reporting
- Oversee various key accounting and reporting areas such as annual impairment testing, lease accounting and preparation of the consolidated statement of cash flows
- Directly manage activities and staff in the execution of department responsibilities
- Participate in and/or lead various Corporate Finance & Accounting projects to improve the overall efficiency, timeliness and accuracy of financial close processes.
- Focus on Corporate Finance & Accounting talent management efforts through attraction, development and retention of key talent across the department
Job Requirements:
- Bachelor's or Master's degree specifically in Accounting from an accredited college or university is required
- CPA is required
- 11+ years of experience, including recent experience with a Big 4 public accounting firm, is required.
- Experience directly managing and developing others is required
- Ability to work 5 days a week in the office at the Glenview, IL campus, with flexibility in hours, is required.
- Extensive knowledge of U.S. GAAP and SEC reporting requirements
- Strong written and verbal communication skills
- Capable of leading large, complex projects
- Able to perform in a fast-paced environment
Compensation Information:The compensation package for the role offers a competitive base salary ranging from $180k- $195k annually. This role is also eligible for an annual bonus.
ITW considers various factors when extending an offer, including but not limited to the scope and responsibilities of the position, the candidate's work experience, education and training, geographic location, key skills, as well as market and business considerations.
In addition to a competitive salary, ITW employees in the U.S. are eligible for a comprehensive benefits package. This package includes medical, dental, vision, disability and life insurance programs. We also provide a 401k plan with both a company match and additional employer contribution, Flexible Spending Accounts, Health Savings Accounts, Employee Assistance Program, Commuter benefits, Adoption Assistance, and Educational Assistance; Parental Leave, vacation, sick time, and 11 Paid Holidays.
