Job Detail

Assistant Controller - Illinois Tool Works, Inc.
Frankfort, IL
Posted: May 17, 2022 02:19

Job Description

ITW Description:

Illinois Tool Works Inc. (NYSE: ITW) is a diversified manufacturing company that delivers specialized expertise, innovative thinking and value-added products to meet critical customer needs in a variety of industries. ITW, with approximately 14.8 billion dollars in global revenues, operates 7 major segments with businesses in 55 countries that employ approximately 48,000 women and men. These talented individuals, many of whom have specialized engineering or scientific expertise, contribute to our global leadership in innovation. We are proud of our broad portfolio of more than 17,000 active patents.

Division Description:

ITW Deltar Fasteners serves all the major OEMs and their tier suppliers with plastic fasteners totaling approximately $280M 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.

Position Summary:

The Assistant Controller will report to the Division Controller and will be responsible for the daily operations of the financial team in Frankfort, Illinois. With responsibility for all local financial reporting, the assistant controller will manage work flow, meet all monthly reporting obligations, prepare analysis of financial data and other duties to support the team from a local and division perspective. As a leader for their team, the Assistant Controller will support all talent management, team development and related activities.

Location:

Frankfort, IL

Primary Responsibilities:

  • Compiles financial reports from individual reports of subordinates required by management

  • Supervises and participates in preparing and auditing materials requiring analyses of supporting documents and insures that all entries are entered into the system properly

  • Identifies and resolves problems and inconsistencies, determining appropriate corrective procedures

  • Communicates and coordinates accounting policies, practices, and procedures with department and company managers and officials, vendors, reporting agencies, clients, customers, and the public

  • Determines work procedures, prepares work schedules, and expedites workflow

  • Assigns duties and examines work for exactness, neatness, and conformance to policies and procedures

  • Studies and standardizes procedures to improve efficiency of subordinates

  • Serving as a backup and/or assisting, as needed, in functional accounting responsibilities (collections, A/R cash application, processing credit card payments, A/P voucher processing, handling customer/vendor calls, etc.)

  • Adjusts errors and complaints

  • Directly supervises 2-4 employees in the accounting area.

  • Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws. Responsibilities 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

  • Other tasks and duties as assigned

Position Skills and Experience Requirements:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

- Education/Experience:

Bachelor's degree - B.A. /B.S. from four-year College or University in Business or Accounting (or equivalent experience). Master's Degree/CPA a plus

  • Ability to maintain confidentiality

  • Good at listening and clarifying; responding well to questions

  • Ability to delegate work assignments. Match the responsibility to the person. Set expectations and monitor delegated activities. Provide recognition for results

  • Understand accounting principles and how the flow of transactions impact the GL, and use that knowledge and experience to take appropriate actions to resolve issues raised from A/R and A/P clerks

  • Be available to lead a team and provide regular performance feedback

  • Ability to write reports, business correspondence, and procedure manuals

  • Strong communication skills, written and verbal. Able to present information to all levels in the organization. Must be eligible for employment in the United States.

  • Travel domestically up to 15% of the time.

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. _

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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