Accounting Manager

Company Description

ITW- Illinois Tool Works

Illinois Tool Works (ITW) is an $16 billion, multi-national, publicly traded (NYSE) company headquartered in Glenview, Illinois.

ITW has a strong commitment to operational excellence and innovation that has kept the company on a path of strong financial performance for more than 10 years. The company is built on a differentiated business model comprised of three unique core capabilities: our 80/20 business process, sustainable differentiation and our entrepreneurial culture. These have long been the core of who ITW is as a company and the source of our ability to deliver value-added solutions for our customers and differentiated financial performance for our shareholders.

ITW is growing, acquiring multiple companies annually over the past several years. ITW’s business model enables quick and decisive decisions for individuals seeking a fast-paced and challenging business model within the framework and strength of a large multinational corporation.

ITW GSE DIVISION

The ITW GSE Division is an industry leading manufacturer of Ground Support Equipment (GSE) to the aviation industry.

Core customers are Airports and Airlines in all countries around the World.

Core products are Power Supply Units for aircraft parked on the ground.

The ITW GSE has 2 factories and 3 sales offices:

ITW GSE Americas, Palmetto Florida

ITW GSE Intenrational, Odense Denmark

Sales Office Dubai

Sales Office Singapore

Organizationally ITW GSE is part of the Specialty Products Segment of Illinois Tool Works (ITW).

Job Description

• Aligns work and department goals to Divisional/Enterprise strategic intent.
• Collaborates with the Controller and department managers to support overall company goals and objectives. Compiles and analyzes data and reports to assist others.
• Supports business unit with special projects and workflow process improvements. Participates in Division projects using ITW Toolbox items including 80/20, PLS, and USa.
• Support and assist Controller in budget and outlook activities including annual plan and long-range plan.

• Obtains and maintains a thorough understanding of the financial reporting and general ledger structure.

• Prepare financial statements and supporting schedules according to a monthly close schedule. 
• Facilitates and completes monthly close procedures in adherence to ITW Financial Reporting Manual.
• Ensures the documentation and monitoring of internal controls is in compliance with ITW Financial Policies.
• Prepare monthly account reconciliations.
• Approves refunds, purchases and monitor adherence to expenditure authorization policy. (EAP)
• Responsible for managing accounts receivable and accounts payable.
• Managing financial talent pipeline
• Responsible for processing and management of employee payroll/timesheets

• Coordinates and participate with physical inventories and inventory grading on a periodic basis; assists in reduction of MOH and Slow-Moving and Obsolete inventory.

Qualifications

Professional Experience - Minimum three years professional accounting and some managerial experience

Functional Experience -

• Advanced Microsoft Office
• Managerial experience
• Educational Experience - Bachelor’s degree in Accounting or business-related field

Preferred Functional Experience -

• Power App
• Manufacturing environment or industry
• ERP implementation

Additional Information

All your information will be kept confidential according to EEO guidelines.

ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential. 

As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship. 

All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.