Plant Accounting Manager - ITW

Founded in 1912, Illinois Tool Works Inc. (NYSE: ITW) is a diversified, Fortune 200 manufacturing company that delivers specialized expertise, innovative thinking and value-added products to meet critical customer needs in a variety of industries.  Ranked among Fortune Magazine’s most admired companies, the company focuses on solid growth, improving profitability and strong returns across its worldwide platforms and divisions.  These divisions serve customers and markets around the globe, with a significant presence in developed as well as emerging markets.  

Illinois Tool Works (ITW) is a Fortune 200 company that produces diversified products in global markets.  Some of its products include welding equipment, automotive components, construction materials and commercial food equipment.  The Food Equipment Group is one of seven ITW decentralized business segments.  We are seeking an Accounting Manager for the Warewash Division located in Troy, Ohio, approximately 20 minutes north of downtown Dayton. This position works in-office at the Warewash manufacturing facility.

The Warewash Division is seeking to expand its growth in existing served markets as well as new markets.  We produce Hobart branded commercial dishwashers that are used in airports, cruise ships, industrial and government operations, and beyond.  We are in search of an Accounting Manager responsible for the preparation of monthly financial statements that can ensure compliance with generally accepted accounting principles and ITW corporate policies.  This position reports to the Plant Manager, as a member of the site leadership team, with dotted line responsibility to the Division Controller. It is an individual contributor role that offers potential opportunities for future expansion of responsibilities and career growth.

What you will do and impact:

Accounting Management, Analysis and Reporting:

• Manage the monthly, quarterly, and year-end financial closing process.
• Ensure accurate and timely recording, analysis, and reporting of financial transactions in compliance with applicable accounting guidelines.
• 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.
• Prepare capital expenditure projects.

Team Leadership and Development:

• Assist employees in understanding how decisions impact the financials, identify and communicate key business drivers, and provide training to enhance overall financial awareness.
• Lead and own the annual physical inventory process.

Cross Functional Collaboration:

• Apply 80/20 thinking to reduce complexity and simplify processes.
• Participate in cross-functional projects within 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: Work in office at the production site and be open to minimal travel as required to fulfill job responsibilities.

What we are looking for:

• Ability to work independently and with cross functional teams
• Analytical skills and ability to interpret financial data
• Advanced knowledge of finance, accounting, budgeting, and cost control principals
• Knowledge of federal, state and country financial regulations
• Excel proficiency
• Proficiency using financial accounting software applications
• Knowledge of GAAP

Education and experience:

• Bachelor’s Degree in Finance/Accounting
• 3+ years of relevant experience
• ERP and Financial Reporting software experience 

Take this opportunity to join a successful and enthusiastic global team where we value the inclusion of diverse team members.  You will enjoy a competitive salary and generous benefits that includes health, dental, life and STD/LTD insurance, 401k (with match), and an education tuition reimbursement program. 

ITW is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected Veteran status.

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.