Illinois Tool Works, Inc. Financial Controller (1354) in Lake Forest, Illinois

Financial Controller (1354) at ITW

Job Description

Position at ITW Construction North America

The Financial Controller will provide accurate and timely accounting and financial reporting to support the Global Tool Unit's leadership team while ensuring compliance with GAAP and ITW financial policies/internal accounting controls. The Controller will partner with the management team in order to provide financial analysis that will enable key stakeholders to understand the business and make decisions that drive results.

ITW Construction provides a variety of fastening systems and truss products for the commercial, residential, and remodeling/renovation segments. With products manufactured at locations around the globe serving markets in North America, Europe, Asia, New Zealand and Australia.

The Global Tool Unit (GTU) is a part of ITW’s Construction Segment. The GTU innovates, develops, and manufactures best-in-class Power Fastening Systems for the global construction market. Our highly differentiated tools are specified to be used in a variety of applications including wood framing, wood trim, and steel to concrete installations.

ITW offers its employees a path for advancement, a competitive salary, and a comprehensive benefits package designed to help employees care for themselves, their families, and their futures.

Core Responsibilities:

  • Prepare monthly, quarterly and annual financial statements in compliance with GAAP and ITW financial policies/procedures

  • Monitor key financial and business metrics, with emphasis on material and variable margin, MOH and slow moving/obsolete inventory

  • Provide counsel to the management team on business strategies, people and operational issues as well as support decisions and recommendations with data and analysis

  • Provide leadership and collaborate with the Global Tool Unit management team regarding the implementation of the ITW Business model concepts across the unit

  • Prepare the financials for annual operating plans, long range strategic plans, monthly outlooks, first quarter reviews and other special analyses

  • Coordinate communications with intercompany partners to ensure alignment of financial forecasts

  • Builds the right talent to achieve desired business results

  • Other duties as assigned

Job Requirements


  • Bachelor degree in Accounting required

  • MBA, Masters in Accounting and/or CPA preferred

  • 8+ years progressively increasing accounting experience with a minimum of 3 years’ supervisory experience required

  • Accounting experience in a manufacturing or distribution operation preferred

  • Excellent working knowledge of Microsoft Excel, Word, Access and/or business intelligent tools

  • Auditing experience a plus

  • Travel up to 5%

ITW is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.

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