Controller

ITW; Lake Bluff (IL); On-site; USD 122,000 - 140,000; Full time

Job summary

ITW is seeking a Business Unit Controller for North America. This role involves managing all accounting functions and financial reporting for the business unit. Responsibilities include overseeing month-end close processes, ensuring financial accuracy, and providing leadership to the accounting team. The ideal candidate will have at least 7 years of experience in a relevant field, preferably in manufacturing, and a Bachelor’s degree in Accounting or Finance. Compensation ranges from $122,000 to $140,000 with additional incentives.

Qualifications

• 7+ years of relevant experience; manufacturing industry preferred.
• International experience a plus but not required.
• Prior experience managing an accounts receivable/payable team a plus.

Responsibilities

• Manage the month-end close process, including journal entries and reconciliations.
• Ensure accuracy of financial records as per ITW policy and GAAP.
• Provide oversight to the accounting team and manage their performance.

Skills

Detail-oriented

Strong PC and data mining skills

Good communication skills

Ability to work under pressure

Education

Bachelor’s degree in Accounting or Finance

Tools

Microsoft Dynamics NAV

SQL

MS Excel

Job description

Business Unit Controller – North America

Buehler, a division of Illinois Tool Works, is a leading manufacturer of scientific equipment and supplies for use in material analysis. The Business Unit Controller for North America reports directly to the Global Division Controller and is responsible for all aspects of the accounting function and financial reporting for the business unit, including maintaining internal controls, managing a small accounting team, budgeting, forecasting and financial analysis.

Responsibilities

• Manage the month‑end close process: prepare and review monthly journal entries, account reconciliations, and supporting documentation; drive the month‑end financial review with the Division Controller.
• Ensure accuracy of financial records and integrity of data in accordance with ITW policy and GAAP; apply ITW top thirteen controls.
• Provide leadership and oversight to the accounting team through goal‑setting, performance management, coaching and development; review direct reports’ account reconciliations and sign off on end results.
• Manage all financial aspects of inventory: reconciliation, annual physical inventory, slow & obsolete reporting, and inventory management in cooperation with operations teams; measure, monitor and analyze inventory trends and drive improvement.
• Support the monthly/quarterly forecasting process by eliciting input from throughout the organization to provide an accurate financial picture of the business unit.
• Prepare quarterly sales commission calculations and facilitate approvals and payments with Human Resources.
• Lead financial planning activities for the annual plan and long‑range plan under the direction of the Division Controller.
• Manage day‑to‑day accounting activities including accounts receivable, accounts payable, expense approval and reporting, capital projects, and fixed‑asset monitoring.
• Partner with Division leadership on operational and strategic issues as they arise; provide strategic recommendations based on financial analysis and projections.

Qualifications

• Bachelor’s degree in Accounting or Finance.
• 7+ years of relevant experience; manufacturing industry preferred.
• Detail‑oriented, organized, and able to work under pressure to meet deadlines.
• Strong PC and data mining skills, system savvy and advanced understanding of MS Excel.
• Knowledge of SQL and Microsoft Dynamics NAV preferred.
• International experience a plus but not required.
• Good communication skills; proven experience working cross‑functionally.
• Understanding of GAAP.
• Prior experience managing an accounts receivable/payable team a plus.
• Some international travel possible.
• Ability to work on‑site for collaborative opportunities on occasion.

Compensation

The base salary for this position is $122,000–$140,000. The position is also eligible to participate in an annual incentive plan. Pay may vary depending on market location, job‑related knowledge, skills and experience.

Equal Employment Opportunity

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. 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.