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Illinois Tool Works

Global diversified manufacturer of industrial equipment

Assistant Controller

Financial AccountingPosted on Nov 11
Full-timeLincolnshire, IL, USA

About the Job

Requirements

  • A Bachelor's degree in Accounting or a related field and at least five years of broad accounting experience are required.
  • ERP and financial reporting software experience are required.
  • Advanced Microsoft Excel proficiency is required.
  • Strong organizational, analytical, problem-solving, and attention-to-detail skills are required to prioritize work and maintain accuracy and quality.
  • Ability to work independently, take ownership of projects, and drive initiatives from concept through completion is required.
  • Ability to communicate financial information clearly to varied audiences and build productive relationships across the organization is required.
  • Ability to navigate changing priorities and travel occasionally as business needs require is required.

Responsibilities

  • Manage the monthly, quarterly, and year-end financial closing process.
  • Ensure accurate and timely recording, analysis, and reporting of financial transactions in compliance with applicable accounting guidelines.
  • Prepare management reporting and communicate financial results and key business insights.
  • Analyze financial performance and business trends, providing insights and recommendations for operational and strategic decision-making.
  • Partner with business leaders to translate financial results into actionable insights that support planning, resource allocation, and performance improvement.
  • Use available tools and technologies to analyze data, improve processes, and enhance business decision-making.
  • Help employees understand the financial impact of business decisions, identify key business drivers, and strengthen financial awareness across the organization.
  • Lead and develop the accounting team through coaching, mentoring, feedback, and career development, building technical expertise and business knowledge within the function.
  • Partner with the Business Unit Controller to plan, prioritize, assign, and direct departmental work while fostering accountability, engagement, and team success.
  • Create opportunities for team learning, growth, and increased responsibility.
  • Simplify processes, reduce complexity, and improve efficiency.
  • Partner with cross-functional teams to support business initiatives, continuous improvement efforts, and organizational objectives.
  • Build relationships across the business to understand challenges, identify opportunities, and support informed decision-making.
  • Contribute financial and operational perspectives to help teams evaluate alternatives and make sound business decisions.

Desired Qualifications

  • CPA or an equivalent designation is preferred.
  • Great Plains experience is beneficial.
  • Experience supporting or leading ERP system migrations is highly preferred.
  • Manufacturing experience is a plus.

About the Company

Illinois Tool Works

Global diversified manufacturer of industrial equipment

ITW is a global manufacturer with a diversified portfolio of industrial products across seven segments, including automotive components, food equipment, welding systems, and construction tools. Its products are engineered and produced for OEMs and industrial customers, combining specialized components to meet the needs of large buyers. The company stands out through its multi-segment reach, large global footprint, and a business model that prioritizes the top 20% of customers to drive profitability and operational excellence. ITW aims for steady profitability and efficient operations by delivering reliable, value-added solutions across multiple industries.

Company size
5,001-10,000
Company stage
IPO
Headquarters
Glenview, IL
Founded
1912

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