Financial Controller

ITW; Andoain; On-site; EUR 70,000 - 90,000; Full time

Job summary

ITW in the Basque region of Spain is seeking a highly skilled Financial Controller to join the Finance team as a strategic business partner. The role drives forecasting, planning, compliance with US GAAP, and performance analytics across the business to support growth and profitability.

You will lead capital management, costing for new products, KPI dashboards, and cross-functional collaboration, while developing talent and guiding investment decisions; travel up to 10% may be required.

Qualifications

• Master’s Degree in Finance required (or equivalent work experience).
• 6+ years of demonstrated experience in financial reporting and analysis, cost reduction, inventory control, tracking and managing costs against a budget, and tracking P&L results.
• Ability to exercise independent and sound judgment and solve practical business problems under tight deadlines.
• Ability to troubleshoot and manage the risks inherent in growth initiatives that support division strategies.
• Strong influence and collaboration skills.
• Ability to work in a diverse and multicultural environment.
• Strong IT knowledge with MS Excel, Power Point, and General Ledger applications.
• Travel up to 10%

Responsibilities

• Deliver short and long-term financial forecasting and planning.
• Analyze market trends.
• Support on driving optimization on working capital by improving inventory turnover, DSO, and DPO.
• Provide financial support for new product development (CBI), including costing, pricing, and post-launch performance tracking.
• Apply ITW Principles (80/20, Product Line Simplification, Segmentation, In-lining, Market Rate of Demand) to drive growth and eliminate complexity.
• Support on evaluating investment opportunities.
• Oversee the monthly closing process and prepare financial statements and analysis.
• Develop and maintain robust KPI dashboards to support effective business management.
• Maintain strong internal controls and ensure compliance with financial policies Communicate financial insights clearly to support strategic decisions.

Skills

Financial analysis

Cost reduction

Inventory control

P&L management

MS Excel

PowerPoint

Analytical thinking

Cross-functional collaboration

Education

Master’s Degree in Finance

Tools

General Ledger software

ERP systems

Job description

Job Description:

BUSINESS DESCRIPTION

ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $15.9 billion in 2024. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW’s approximately 43,000 dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture. To learn more about the company and the ITW Business Model, visit www.itw.com.

Position Summary

We are seeking a highly skilled and strategic Financial Controller to join our Finance team in AAME. This role will act as a key business partner, driving financial performance, ensuring compliance, and supporting strategic decision-making. The Financial Controller will leverage ITW Toolbox principles to drive growth and operational excellence.

Responsibilities

Operating Analysis and Planning:

• Deliver short and long-term financial forecasting and planning.

• Analyze market trends.

• Support on driving optimization on working capital by improving inventory turnover, DSO, and DPO.

• Provide financial support for new product development (CBI), including costing, pricing, and post-launch performance tracking.

• Apply ITW Principles (80/20, Product Line Simplification, Segmentation, In-lining, Market Rate of Demand) to drive growth and eliminate complexity.

• Support on evaluating investment opportunities.

Financial Reporting and Controls:

• Ensure timely and accurate financial reporting in compliance with ITW policies and US GAAP.

• Oversee the monthly closing process and prepare financial statements and analysis.

• Develop and maintain robust KPI dashboards to support effective business management.

• Maintain strong internal controls and ensure compliance with financial policies Communicate financial insights clearly to support strategic decisions.

Strategic Planning:

• Contribute to develop and execute Annual and Long Range Plans based on in-depth understanding of business and operations.

• Participate to FTB 80/20 process to help develop a vision and support implementation of strategic plans.

• Build cross-department credibility, confidence, and collaboration with other functional areas.

People Leadership and Talent Development:

• Identify, lead and develop talent in order to maximize individual, team and organizational effectiveness in meeting company goals. This may include: selecting and on-boarding talent; communicating effectively to foster a culture of engagement, cascading vision, creating goal alignment, and coaching through feedback, development planning and performance management

• Use personal influence skills rather than position power to persuade others and gain acceptance of ideas and plans.

• Build a strong pipeline of talent to ensure a diverse high performing organization

Job Requirements

• Master’s Degree in Finance required (or equivalent work experience)

• 6+ years of demonstrated experience in financial reporting and analysis, cost reduction, inventory control, tracking and managing costs against a budget, and tracking P&L results required

• Ability to exercise independent and sound judgment and solve practical business problems in a prompt manner and often under tight deadlines.

• Ability to troubleshoot and manage the risks inherent in growth initiatives that support division strategies.

• Strong influence and collaboration skills.

• Ability to work in a diverse and multicultural environment.

• Ability to shift priorities, demands and timelines through analytical and problem-solving capabilities.

• Strong IT knowledge with excellent computer skills (MS Excel, Power Point, and General Ledger applications).

• Travel up to 10%

Additional Information

• Contract type: permanent

• Starting date: asap