Supervisor, Corporate Accounting - ITW

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 45,000 people with operations in 51 countries with headquarters in Glenview, IL. Our campus includes a fitness center at no cost to the employees, a cafe, outdoor volleyball courts, walking trails around the facility, employee resource groups, corporate discounts, dry cleaning services, covered/outdoor parking, and much more.  We are just a block away from the nearest Metra station, and it is a quick 20-minute train ride to downtown Chicago, museums, lakefront, and other activities.

More details on our benefits can be found on our website at https://www.itw.com/careers/benefits-compensation/

ITW is seeking a Supervisor, Corporate Accounting to be a part of the Corporate Accounting team. The individual will have a strong understanding of financial processes within a large multinational corporate environment, strong written and verbal communication skills, demonstrated analytical skills, and be able to work independently. 

Core Responsibilities:

• Monthly/Quarterly/Annual close processes including preparation of monthly journal entries and account reconciliations
• Record equity compensation activity including monthly amortization, equity exercises and vestings, Director plan activity, basic and dilutive share calculation and prepare annual 10-K disclosure footnote
• Support corporate departments including monthly reporting, accruals and forecast adjustments
• Management of GL system including account maintenance, system parameters, close procedures and reconciliation to consolidation system
• Identify areas for process improvement and streamlining to increase efficiency of department procedures and processes
• Prepare Corporate and domestic payroll entries and maintain payroll bank account reconciliation
• Assist in preparation, consolidation and analysis of annual Corporate Plan
• Assist with various projects, internal and external audit requests, ad hoc projects and assignments as they develop

• Bachelor’s degree in Business in finance or accounting is required, CPA a plus
• Minimum 5 years relevant corporate and/or industry experience; experience in Corporate Accounting and/or business analysis roles a plus
• Effective time management skills to manage multiples priorities and deadlines simultaneously
• Strong verbal and written communication skills and the ability to work in a diverse and multicultural environment are essential
• Strong analytical skills and business/financial acumen
• Attention to detail, with high standards of accuracy and review
• Experience handling highly sensitive information with integrity and maintaining a high level of confidentiality and professionalism
• High level of proficiency in utilizing Excel, including advanced formulas and basic macros; demonstrated proficiency with Microsoft Dynamics GP and Oracle HFM a plus
• Ability to be in the office at the Glenview campus 5 days a week with flexibility on hours.
• Must be able to work independently with minimal supervision. Must be able to research and follow-up timely and independently on pending items

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 corp_accessibility@itw.com to request assistance. No other requests will be acknowledged.

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.