Accountant

Illinois Tool Works, Inc.; Lincolnshire (IL); On-site; USD 66,000 - 75,000; Full time

Benefits offered by this job

401(k) match

Paid time off

Company-paid insurance

Parental leave

Tuition reimbursement

Job summary

Illinois Tool Works, Inc. is seeking an Accountant to join the Lincolnshire, IL accounting team onsite. You will drive financial reporting, analysis, budgeting, and decision support to transform data into business insights, collaborating with teams across the organization.

You will support month-end close, reconciliations, and tax reporting while ensuring data integrity and timely reporting. A solid foundation in accounting and ERP experience will help you succeed in this role.

Qualifications

• Bachelor's degree in accounting or related field with 1–2 years of broad accounting experience (3–5 years preferred).
• Cost accounting experience in manufacturing is highly preferred.
• ERP and financial reporting software experience is required.
• Computer proficiency, including MS Excel and MS Word, is required.
• Ability to analyze financial information and communicate findings effectively.

Responsibilities

• Support monthly, quarterly, and year-end financial closing processes, account reconciliations, and prepare annual tax reporting.
• Prepare accurate financial statements, maintain/reconcile ledger accounts, update and report on department budgets.
• Provide sales and inventory analysis reports to support the division.
• Provide timely data through ad-hoc reporting for managers to aid decision-making.
• Ensure data integrity; monitor and analyze financial performance to provide insights to management.

Skills

Attention to Detail

Growth Minded

Prioritize & Execute

Adaptability

Self-Starting Initiative

Cross Functional Communication

Self-Accountability

Data Analysis

Education

Bachelor's degree in accounting or related field

Tools

MS Excel

MS Word

ERP software

Job description

Job Description:

Ready to make an impact beyond the numbers? Join a high-performing team where your financial insights help drive business decisions and operational success.

E.H. Wachs, an ITW company, is seeking an Accountant to join its accounting team in Lincolnshire, IL. This onsite role will be responsible for driving results by accurately preparing, interpreting and communicating all division financial information. As an active member of our core accounting team, you will play a key role in adhering to and applying all ITW principles, procedures and internal controls. Your strong attention to detail, interpersonal skills, ability to collaborate effectively with others, and excellent functional leadership will make you an invaluable asset to our team.

What you will do and impact

Accounting Excellence, Analysis and Reporting

In this role, you'll go beyond traditional accounting by helping transform financial data into meaningful business insights. Through financial reporting, analysis, budgeting, and decision support, you'll partner with teams across the organization to identify trends, improve processes, and support the achievement of key business objectives.

• Support monthly, quarterly, and year-end financial closing processes, account reconciliations, and prepare annual tax reporting.
• Prepare accurate financial statements, maintain/reconcile ledger accounts, update and effectively report out on department budgets.
• Provide sales and inventory analysis reports as needed to help support the division.
• Provide timely data through ad-hoc reporting for other managers to assist with decision-making.
• Ensure the integrity of data. 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.

Business Partnership and Financial Insight

Success in this role requires more than strong technical accounting skills. You'll work with employees across the business to help build financial understanding and connect day-to-day activities to business performance.

• Assist employees in understanding how their decisions will impact financial results.
• Identifies, communicates, and trains others on key business drivers to enhance overall financial awareness.
• Support leaders by providing meaningful financial information that helps guide decision-making.

Cross Functional Collaboration

This role works closely with teams across the organization to understand processes, identify opportunities for improvement, and support initiatives that strengthen both financial and operational performance.

• Collaborate with cross-functional teams to gather information, solve problems, and support business objectives.
• Supports inventory management by maintaining cost files, actively participating in establishing/maintaining inventory controls, and physical inventory, monitoring months on hand, and actively participating in monthly inventory review meetings.
• Assists with capital expenditure requests and manages fixed assets within the division.
• Participate in continuous improvement initiatives that enhance reporting, controls, and business processes.
• Identify opportunities to simplify accounting processes, reduce complexity, and improve efficiency

What You'll Bring to the Team

Success in this role comes from balancing strong accounting fundamentals with curiosity, initiative, and a desire to understand how the business operates.

You'll dig into the details while also understanding the bigger picture. You're interested in how financial results connect to operational performance and are motivated by opportunities to learn, solve problems, and contribute beyond your core responsibilities.

• Attention to Detail - Be detail-oriented with robust problem-solving and organizational skills to ensure precision in financial management.
• Professional Growth Minded - Willingness to invest in personal and professional development for self and others, with potential for growth within the organization.
• Ability to Prioritize and Execute - prioritization that aligns with business objectives. Exhibit high motivation, natural leadership and coaching abilities to drive success.
• Adaptability - Must be able to adjust to a changing work environment, competing demands and deadlines, frequent changes, delays and unexpected events.
• Self-Starting Initiative - Ability to learn quickly, be resourceful, work independently with minimal supervision, and manage multiple projects simultaneously while adhering to business deadlines.
• Cross Functional Communication - Strong interpersonal and communication skills. Ability to establish productive relationships, collaborate, and effectively communicate with stakeholders at all levels. Ability to resolve issues in a timely manner.
• Self-Accountability - Demonstrated positive attitude, high motivation, and a strong sense of personal accountability.
• Data Analysis - Be analytical, inquisitive, and crisp in explaining the story behind the numbers and a strong ability to understand macro and micro trends and quickly discern inaccuracies.

Qualifications

• Bachelor's degree in accounting or related field plus a minimum of 1-2 years of broad accounting experience is required, 3-5 years preferred.
• Cost accounting experience in manufacturing is highly preferred.
• ERP and Financial Reporting software experience is required.
• Computer proficiency, including advanced knowledge of MS Excel and MS Word is required.
• Ability to analyze financial information and communicate findings effectively.

Compensation Information:

Why ITW?

Here's what we offer to help you build the future you want:

• Generous Retirement Benefits - 401(k) match PLUS an additional retirement contribution to help you plan for the future.
• Paid Time Off - 11 paid holidays, 5 sick days, and vacation time to take time for what matters.
• Company-Paid Insurance - Life, AD&D, Short-Term & Long-Term Disability insurance to give you peace of mind.
• Family-Friendly Benefits - 4 weeks of paid parental leave and adoption reimbursement to support your family journey.
• Education Assistance - tuition reimbursement because we believe in investing in your personal and professional development.

At ITW, we're not just a place to work - we're a community that empowers you to grow and make a real impact. For more details, visit our Benefits page. Join us and build a career that makes a difference!

The annual base salary range for this position is $66,000 - 75,000 annually. Please note that this salary information serves as a general guideline. The company considers various factors when extending an offer, including but not limited to the scope and responsibilities of the position, the candidate's work experience, education and training, key skills, as well as market and business considerations.

Additional Information

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.

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.