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Illinois Tool Works

Global diversified manufacturer of industrial equipment

Accounts Receivable Manager

Accounts Payable/ReceivableConfirmed live in the last 24 hours
Full-timeAppleton, WI, USANo salary listed

About the Job

Requirements

  • A bachelor's degree in Accounting or a related field is required.
  • At least five years of accounts receivable or accounting experience is required.
  • At least two years of leadership or supervisory experience is required.
  • Strong knowledge of accounts receivable processes, collections, and cash management is required.
  • Experience with ERP and financial reporting software is required.
  • Advanced Excel skills and strong analytical abilities are required.
  • Excellent communication, organizational, and problem-solving skills are required.
  • Ability to manage multiple priorities and meet deadlines is required.
  • Ability to travel minimally as required is required.

Responsibilities

  • Manage the day-to-day operations of the accounts receivable department.
  • Oversee billing, invoicing, cash applications, collections, and account reconciliations.
  • Monitor aging reports and ensure timely collection of outstanding balances.
  • Develop and implement accounts receivable policies, procedures, and internal controls.
  • Collaborate with sales, customer service, and finance teams to resolve billing disputes.
  • Prepare accounts receivable reporting and key performance indicator analysis for leadership.
  • Maintain accurate customer account records and documentation.
  • Lead, mentor, and develop accounts receivable staff to ensure high performance and accountability.
  • Support month-end and year-end close processes.
  • Ensure compliance with company policies and accounting standards.
  • Identify opportunities for automation and process improvement.
  • Help employees understand how decisions impact financial results, identify and communicate key business drivers, and provide training to improve financial awareness.
  • Lead and develop the accounts receivable team by providing guidance, training, and feedback.
  • Partner with the Division Controller to plan, assign, and direct work within the department.
  • Apply 80/20 thinking to reduce complexity and simplify processes.
  • Participate in cross-functional projects within and outside the Division.

Desired Qualifications

  • Expertise with Microsoft Dynamics 365 is beneficial.

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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