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Illinois Tool Works

Global diversified manufacturer of industrial equipment

Accountant

Financial AccountingConfirmed live in the last 24 hours
Full-timeHartland, WI, USANo salary listedIn-person

About the Job

Requirements

  • A bachelor's degree in Accounting, Finance, or a related field is required.
  • A minimum of 1–2 years of broad accounting experience is required.
  • Experience with financial reporting systems and enterprise resource planning platforms is required.
  • Advanced Microsoft Excel skills are required.
  • The role requires the ability to analyze financial information and communicate findings effectively.
  • The role requires strong attention to detail and accuracy in financial reporting, reconciliations, and transactional processing.
  • The role requires analytical and critical-thinking skills to interpret financial data, identify trends, and provide actionable business insights.
  • The role requires the ability to work independently, prioritize competing demands, and meet deadlines.
  • The role requires business acumen to connect financial results to operational performance and business objectives.
  • The role requires problem-solving skills to identify root causes, develop solutions, and drive process improvements.
  • The role requires adaptability to changing priorities, business needs, and deadlines.
  • The role requires organizational and time-management skills to manage multiple projects simultaneously.
  • The role requires interpersonal and communication skills to build relationships, collaborate across functions, and communicate with customers and stakeholders at all levels.
  • The role requires a customer-focused approach to resolve issues professionally and maintain positive business relationships.
  • The role requires proficiency in analyzing and explaining macro and micro financial trends and identifying risks, opportunities, and data inconsistencies.
  • The role requires accountability, professionalism, integrity, and ownership for achieving results.
  • The role requires the ability to influence and work effectively within cross-functional teams.

Responsibilities

  • Support monthly, quarterly, and year-end financial closing processes.
  • Prepare and reconcile general ledger accounts and assist with account analysis.
  • Prepare journal entries, including accruals, payroll-related entries, and other period-end adjustments.
  • Support corporate reporting requirements and submit accurate and timely financial information.
  • Assist in preparing financial statements and management reports.
  • Participate in budgeting, forecasting, and ad hoc financial analysis activities.
  • Analyze financial and operational data to identify trends, opportunities, and process improvements.
  • Develop and maintain reporting tools that support business decision-making.
  • Use available technologies and reporting tools to improve data accuracy and efficiency.
  • Identify opportunities to simplify workflows, strengthen controls, and enhance reporting processes.
  • Prepare and submit customer invoices, including processing them through customer-specific portals.
  • Verify pricing accuracy and provide customer account statements as needed.
  • Process customer payments and accurately apply receipts to customer accounts.
  • Monitor accounts receivable aging and proactively follow up on past-due balances.
  • Partner with customers to resolve billing discrepancies and payment application issues.
  • Support collection efforts to maintain healthy cash flow and minimize outstanding receivables.
  • Support inventory management by maintaining cost files and monitoring inventory controls.
  • Participate in physical inventory counts and inventory review meetings.
  • Monitor inventory metrics and provide reporting and analysis as needed.
  • Assist with capital expenditure requests and related financial analysis.
  • Maintain fixed asset records and support asset management processes.
  • Ensure compliance with established accounting policies, internal controls, and business procedures.
  • Collaborate with cross-functional teams to gather information, resolve issues, and support business objectives.
  • Provide financial insight and analysis to support operational decision-making.
  • Participate in continuous improvement initiatives that enhance financial reporting, controls, and business processes.
  • Identify opportunities to reduce complexity, improve efficiencies, and strengthen business performance.
  • Support special projects and strategic initiatives as assigned.

Desired Qualifications

  • Three to five years of broad accounting experience is preferred.
  • Accounts receivable and collections experience is highly preferred.
  • Experience with Microsoft Dynamics 365 Business Central is preferred.
  • Experience with Power Query and Power BI is preferred.
  • Manufacturing accounting experience is preferred.

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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