Accounting Manager - IE&A

Job Description:

Industrial Equipment & Automation is part of ITW's North American Welding Industrial Platform with multiple locations within Appleton, WI and Carol Stream, IL, and annual revenue exceeding $340M. This position will have direct responsibility for managing the overall accounting functions and financial reporting for the Division. In addition, this position will partner with the Division Controller in various financial projects including Annual & Long-Range Plan, analyzing strategies, and analysis of key business metrics that drive management decisions.

What you will do and impact:

Accounting Management, Analysis and Reporting:

• Manage the monthly, quarterly, and year-end financial closing process, account reconciliations, and prepare annual tax reporting.
• Prepare accurate management reporting and communicate the results effectively.
• Monitor and analyze financial performance, identify trends, and provide meaningful insights to management for strategic decision-making.
• Leverage available tools and technologies to analyze data to support process improvements and operational decisions.

Team Leadership and Development:

• Assist employees in understanding how decisions impact financials, identify and communicate key business drivers, and provide training to enhance overall financial awareness.
• Work with department managers to understand departmental expenses, create outlook and planned departmental expenses, and segment P/Ls.
• Partner with the Division Controller in planning, assigning, and directing work in the department including projects in sourcing savings, working capital management and employee involvement.
• Lead and develop the accounting team by providing guidance, training, and feedback.

Cross Functional Collaboration:

• Apply 80/20 thinking to reduce complexity and simplify processes.
• Participate in cross-functional projects within and outside the Division.

What you need to do to be successful:

• Cultivate Curiosity: use a curious mindset and a strong desire for continuous learning, particularly regarding business processes and their influence on financial outcomes.
• Prioritize Effectively: prioritization that aligns with business objectives. Exhibit high motivation, personal accountability, and coaching abilities to drive success.
• Drive Financial Improvements: initiate and implement financial improvements that support and enhance business operations.
• Attention to Detail: Be detail-oriented with robust problem-solving and organizational skills to ensure precision in financial management.
• Self-Starting Initiative: Be an aggressive self-starter with the capacity to independently lead and execute projects with minimal direction.
• Effective Communication: Communicate effectively, both verbally and in writing, with customers, suppliers, and all team members, facilitating productive interactions.
• Flexibility: Be open to minimal travel as required to fulfill job responsibilities.

Qualifications

• Bachelor's degree in accounting or related field along with a minimum of five years of broad accounting experience.
• ERP and Financial Reporting software experience required, Microsoft D365 expertise is beneficial.
• Advanced MS Excel skills.

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.