Company Description

Today, ITW (NYSE: ITW) is a Fortune 200 company that employs nearly 45,000 people with operations in 51 countries. ITW has become one of the world’s leading diversified manufacturers of specialized industrial equipment, consumables, and related service businesses.

The ITW campus includes a fitness center (Peloton bikes) at no cost to the employees, a subsidized wellness café, outdoor volleyball courts, a walking trail, employee resource groups, corporate discounts, free parking, and much more. We are a one block walk to the nearest Metra station for the Milwaukee North line, and it is a quick train ride to/from downtown Chicago.

More details on our benefits can be found on our website at https://www.itw.com/careers/benefits-compensation/

Job Description

ITW is seeking a Director, External Reporting to oversee the Company’s Financial Policies & Procedures, and to manage the preparation of the Company’s financial filings with the SEC. This position will report directly to the Senior Director, External Reporting with exposure to executive management and to key finance and operations leaders across ITW’s worldwide operations. The position requires a solid working knowledge of U.S. GAAP and SEC reporting requirements, as well as strong communication skills and a desire to work collaboratively with other key disciplines and business personnel.

Primary Responsibilities

Monitor accounting literature for new reporting requirements that may potentially impact the Company and lead the implementation of new accounting standardsPrepare quarterly accounting and regulatory update presentations for senior management and the Company’s Audit CommitteeWork closely with Investor Relations and various financial reporting teams in the preparation and review of the Company’s external financial communications (SEC filings and disclosures, annual report, earnings releases, communications with the investment community, etc.)Consult with operating and finance personnel at corporate and within ITW’s diversified group of businesses related to accounting questions and the implementation of financial policies and proceduresWork closely with key stakeholders in the development, revision and maintenance of the Company’s Financial Policies & ProceduresAct as a liaison with internal and external auditors on matters involving technical accounting, internal controls, financial policies and SEC reportingOversee various key accounting and reporting areas such as annual impairment testing, lease accounting and preparation of the consolidated statement of cash flowsDirect manager and staff in the execution of department responsibilitiesParticipate in and/or lead various Corporate Finance & Accounting projects to improve the overall efficiency, timeliness and accuracy of financial close processesFocus on Corporate Finance & Accounting talent management efforts through attraction, development and retention of key talent across the department

QualificationsBachelor’s or Master’s degree in Accounting from an accredited college or universityCPA required11+ years including recent experience with a Big 4 public accounting firm is strongly preferredExtensive knowledge of U.S. GAAP and SEC reporting requirementsStrong written and verbal communication skillsAbility to manage and develop othersCapable of leading large complex projectsAble to perform in a fast-paced environment

Additional Information

Illinois Tool Works Inc. (“ITW” or “the Company”) is an equal employment opportunity employer. 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.

If you are a qualified individual with a disability and are unable or limited in your ability to use or access the online application system process due to your disability, please email [email protected] to request assistance. No other requests will be acknowledged.

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.  

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.