Assistant Controller

Company Description

ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $14.1 billion in 2019. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW’s approximately 45,000 dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture. 

ITW Deltar Fasteners serves all the major OEMs and their tier suppliers with plastic fasteners totaling approximately $260M in revenues. Units include: Frankfort, IL; Chippewa Falls, WI and our Commercial Sales and Engineering in Troy, MI. 

The division drives profitability by leveraging its innovative solutions and application engineering. In addition to ITW’s industry leading research and development capabilities, ITW Deltar Fasteners enhance our customers’ competitive advantage by:

• Maintaining advanced engineering and manufacturing facilities in NA.
• Exchanging product, process and benchmarking information with sister units worldwide.
• Continually improving processes, material and designs to ensure every product exceeds customer specifications while providing unparalleled value

Job Description

The Assistant Controller will report to the Operations Controller and will be accountable for producing timely and accurate financial statements while demonstrating accountability and ownership across the Division. The Assistant Controller will work closely with the Accounting Manager to manage workflows, meet all monthly reporting obligations, prepare analysis of financial data and other duties. As a leader for their team, the Assistant Controller will have decision-making authority, use advanced analytical skills and 80/20 thinking to continuously analyze and reduce complexity and provide strategic insight. This role will demonstrate the ability to look ahead and anticipate future trends and not only report actual results but predict future results. The Assistant Controller will oversee the communication of complex financial concepts to all levels and be able to explain the story behind the numbers. This person will be a role model to other team members, develop and motivate peers and demonstrate knowledge of the business and impacts of choices.

• Compiles and reports all monthly financial reports required by ITW Financial Policies
• Annual Plan (Budget) to actual analysis and reporting
• Prepares and reports Front-To-Back & Segmented P&L data along with sales forecasting analysis
• Reviews and finalizes the financial justification for all Capital & large expense requests
• Supervises and participates in preparing audit materials, including any documentation, and ensures that all entries are entered into the system properly
• Prepares all payroll related general ledger entries
• Reviews all General Ledger journal entries for accuracy and completeness
• Communicates and coordinates accounting policies, practices, and procedures with department and company managers and officials, vendors, reporting agencies, clients, customers, and the public
• Assist Operations, Engineering and Sourcing teams with data and project management
• Leading and providing strong guidance with ITW Toolbox initiatives
• Directly supervises employee(s) in the accounting area
• Supervisory duties in accordance with the organization’s policies and applicable laws. Tasks include, but are not limited to, interviewing, hiring and training employees, addressing complaints and resolving problems, planning, assigning and directing work, appraising performance, rewarding and disciplining employees 
• Serving as a backup and/or assisting, as needed, to the Operations Controller and Accounting Manager
• Other tasks and duties as assigned

Qualifications

• Education/Experience: Bachelor’s degree - B.A. /B.S. from four-year College or University in Accounting or Finance. CMA or CPA a plus 
• 5+ years of experience in Accounting function or demonstrated strong learning capability
• Exposure to P&L and Balance Sheet reporting
• Ability to maintain discretion
• Ability to demonstrate a strong analytical mindset
• Ability to meet deadlines in a fast-paced environment
• Ability to identify areas for opportunity or simplification and implement best practices
• Little supervision required
• Strong knowledge of Accounting
• Strong Microsoft Office skills
• Strong communication & presentation skills
• Drive to grow and succeed
• Must be eligible for employment in the United States.
• Travel domestically up to 20% of the time.

Additional Information

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.

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.