Sr. Accountant

ITW; Chicago (IL); On-site; USD 95,000 - 110,000; Full time

Job summary

ITW is seeking a finance professional in Chicago to manage the monthly, quarterly, and year-end closing processes, reconcile ledgers, and report on budgets while maintaining strong internal controls.

The role provides sales and inventory analysis, ad-hoc data for management decision-making, and collaboration across functions to improve reporting and processes. Expect proactive data analysis and accountability for data integrity.

Qualifications

• Precise financial reporting and ledger accuracy.
• Ability to reconcile accounts and monitor internal controls.
• Strong data analysis to support decision-making.

Responsibilities

• Close monthly, quarterly, and year-end financial processes.
• Prepare accurate financial statements and reconcile ledgers.
• Report on budgets and variances; support sales tax reporting.
• Provide ad-hoc reporting and business insights for management.
• Support inventory controls and capital expenditure tracking.

Skills

Attention to Detail

Cross Functional Collaboration

Data Analysis

Financial Reporting

Process Improvement

Stakeholder Communication

Job description

Job Description:

Responsible for monthly, quarterly, and year-end financial closing processes, account reconciliations, monthly sales tax reporting, and compiling annual tax information . Prepare accurate financial statements, maintain/reconcile ledger accounts, update and effectively report out on department budgets. Maintaining strong financial internal controls. 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. Process sales commissions and maintain benefit accounts.

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, understands bills of material, 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.

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.

Key Competencies

• 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.

Compensation Information:

$95000-$110000

Equal Opportunity Statement

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.