North America Controller

Magnaflux; Glenview (IL); On-site; USD 90,000 - 120,000; Full time

Job summary

ITW in Glenview, IL is seeking a senior finance leader to manage the U.S. accounting and finance organization, acting as a key business partner to enable above-average market growth and operational efficiency.

You will oversee monthly and quarterly close for North America, deliver proactive internal reporting, mentor a three-person finance team, support ERP deployment, and ensure compliance with ITW policies and controls across the function.

Qualifications

• Bachelor's degree in Accounting is required.
• CPA or Master’s in Accounting preferred.
• Strong leadership and strategic partnership skills.
• Experience budgeting, forecasting, and performance analysis.

Responsibilities

• Oversee monthly and quarterly financial close for North America.
• Prepare financial reports and outlooks for management and parent company.
• Provide proactive internal reporting, identify risks and opportunities.
• Lead financial analysis and variance reporting against plans.
• Mentor a three-person finance team and manage accounting functions.
• Support ERP deployment and ensure ITW policy compliance.

Skills

Financial leadership

Budgeting & forecasting

Financial analysis

Cross-functional partnership

Team mentorship

ERP/BI familiarity

Education

Bachelor's degree in Accounting

CPA or Master’s in Accounting preferred

Tools

Excel

Power BI

Acumatica ERP

PowerPoint

Job description

Job Description

Reporting to the Division Controller, this role serves as a key business partner to enable above average market growth and operational efficiency. In addition, this leadership role is responsible for managing the U.S. accounting and finance organization. Functions include the reporting process (which includes reporting to both the parent company and internal management).

Essential Job Responsibilities

• Oversee the monthly and quarterly financial close process for the North America business unit, including preparation of financial reports and outlooks
• Serve as a key participant in major financial decisions impacting the North America region
• Deliver proactive internal reporting by identifying potential risks and opportunities, and recommending strategic solutions
• Financial analysis of actual results, highlighting variances to key strategic plans and forecasts
• Monthly management information reporting including presentation of results to internal management
• Create accurate financial forecasts and support the preparation of Annual and Long-Range Plans
• Ensure compliance with ITW policies and procedures, including the execution of effective control processes and support for both internal and external audits
• Collaborate closely with the Divisional Controller on financial planning, reporting, consolidation and analysis
• Support the successful deployment and integration of a new ERP system

Management

• Mentor and manage a three-person finance team, providing direction and support in key accounting functions such as accounts payable, inventory management, invoicing, and accounts receivable.
• Leverage and drive the Front to Back 80/20 Business Process and Toolbox principles within the organization to drive growth, enhance efficiency and eliminate complexity from the business processes
• Ensure the organization operates within all Corporate financial and compliance guidelines

Qualifications

• Bachelor’s degree in Accounting required; minimum of 5 years of progressive experience in financial reporting, accounting or audit roles
• CPA or Master’s degree in accounting preferred
• Strong leadership skills with a proven ability to operate as a strategic business partner
• Proven ability to perform budgeting and forecasting, as well as drive simplification and continuous improvement within the business
• Demonstrates effective use of financial analysis techniques and tools to provide advice to cross-functional areas and drive business results
• Experience developing and managing direct reports within the finance function.
• Ability to foster collaborative, effective relationships at all levels of the organization
• Proficiency in accounting software and highly skilled in Excel; intermediate knowledge of Word and PowerPoint. Experience with Power BI or Acumatica ERP is a plus
• Willingness to travel domestically at least 4 times per year

Compensation Information

Base Salary- $90,000 and $120,000 anually.

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.