Corporate Accounting Manager

Corporate Accounting Manager

02 Nov 2022
Illinois, Glenview, 60025 Glenview USA

Corporate Accounting Manager

Since its founding more than 100 years ago, ITW has become one of the world’s leading diversified manufacturers of specialized industrial equipment, consumables, and related service businesses. We place a high premium on the development of innovative solutions–most of which are developed in tandem with our customers. And we continue to ensure that our customers receive timely, cost-effective service for the innovative products we provide.ITW’s differentiated business model is composed of a set of unique core capabilities: our proprietary 80/20 business process, customer-back innovation, and our well-known decentralized entrepreneurial culture. These capabilities are unmistakably ITW—and key to our longevity and strong performance.ITW’s products and solutions are at work all over the world, in deep-sea oil rigs, aerospace technology, bridges and wind turbines, healthcare, the spaces in which we live and work, the cars we drive, and the mobile devices we rely on. We are never, whether we know it or not, more than a few steps from an innovative ITW solution.Today, ITW (NYSE: ITW) is a Fortune 200 company that employs nearly 50,000 people with operations in 55 countries with headquarters in Glenview, IL. We are conveniently located across from the Metra commuter rail, with access to an on-site gym, café and active employee resource groups.ITW is seeking a Corporate Accounting Manager to have overall responsibility for the Corporate Accounting team in the following areas:Monthly/quarterly reporting of Corporate P&L and Balance Sheet

Prepare assigned disclosures for 10Q and 10K filings

Manage requests from external and internal auditors

Develop annual plan for Corporate ledger

Serve as financial partner for Corporate functions

Responsibilities include:Lead/coordinate/review the month-end/year-end close process for the Corporate ledger in compliance with ITW Policy and GAAP

Supervise accounts payable process including weekly payment runs, 1099 reporting and unclaimed property filings

Manage ERP(Great Plains) and report writer(JetReports) including system updates, security management, G/L maintenance and year end close routines

Establish and maintain effective SOX internal controls over financial processes

Manage equity-related activity including stock compensation, preparation of 10K disclosures and basic/dilutive share calculations

Assist in preparation and review of quarterly reporting package for Corporate balance sheet including variance analysis

Leads assigned projects to implement best practices and increase efficiency of department procedures and processes

Participates in annual budget process including consolidation and analysis of Corporate departments

Ad-hoc analysis of department expenditures and results as requested

Supervise, lead and develop departmental staff of 3

Bachelor’s degree in Accounting required, CPA a plus

6+ years of experience in Corporate or public accounting required

Solid working knowledge of GAAP

High-level of computer proficiency; experience with Microsoft Dynamics Great Plains, Jet Reports and/or Oracle HFM a plus

Excellent verbal and written communication

Strong analytical skills and business/financial acumen

Attention to detail, with high standards of accuracy and review

Ability to execute projects efficiently and effectively with limited supervision

Illinois Tool Works Inc. (“ITW” or “the Company”) is an equal employment opportunity employer. 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.If you are a qualified individual with a disability and are unable or limited in your ability to use or access the online application system process due to your disability, please email corpaccessibility@itw.com to request assistance. No other requests will be acknowledged.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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