Company Description

Illinois Tool Works Inc. (NYSE: ITW) is a global Fortune 200 diversified manufacturing company that delivers specialized expertise, innovative thinking, and value-added products to meet critical customer needs in a variety of industries.   ITW, with approximately 15 billion dollars in global revenues, operates 7 major segments with businesses in 52 countries that employ approximately 45,000 women and men. These talented people, many of whom have specialized engineering or scientific expertise, contribute to our global leadership in innovation. We are proud of our broad portfolio of more than 19,000 granted and pending patents.

ITW Motion serves all the major OEMs and their tier suppliers with approximately $36M in revenues. Locations include:  Frankfort, IL, Rottingen, DE, and our Commercial Sales in Troy, MI. 

 The division drives profitability by leveraging its innovative solutions and application engineering.  In addition to ITW’s industry leading research and development capabilities, ITW Motion enhance our customers’ advantage by:

Maintaining advanced engineering and manufacturing facilities in NA.Exchanging product, process and benchmarking information with sister units worldwide.Continually improving processes, material and designs to ensure every product exceeds customer specifications while providing unparalleled value.

Job Description

The Financial Analyst will report to the Motion EU Business Unit Controller and dotted line report to NA Seats & Motion Accounting Manager.  This potion will be accountable for producing timely and accurate financial statements while demonstrating accountability and ownership for Motion business.  The Financial Analyst will work closely with the Accounting Manager to manage workflows, meet all monthly reporting obligations, prepare analysis of financial data and other duties.  This role will demonstrate the ability to look ahead and anticipate future trends and not only report actual results but predict future results.  The Financial Analyst will communicate financial concepts to all levels and be able to explain the story behind the numbers.

Compiles and reports all monthly financial reports required by ITW Financial PoliciesAnnual Plan (Budget) to actual analysis and reportingPrepares and reports Front-To-Back & Segmented P&L data along with sales forecasting analysisReviews and finalizes the financial justification for all Capital & large expense requestsPlay key role in preparing audit materials, including any documentation, and ensures that all entries are entered into the system properlyPrepares all payroll and all general ledger journal entriesReview and complete accounts reconciliation in timely mannerAssist with account receivables and accounts payables when neededCommunicates and coordinates accounting policies, practices, and procedures with department and company managers and officials, vendors, reporting agencies, clients, customers, and the publicAssist Operations, Engineering and Sourcing teams with data and project managementLeading and providing strong guidance with ITW Toolbox initiativesServing as a backup and/or assisting, as needed, to the Accounting ManagerOther tasks and duties as assigned

QualificationsEducation/Experience: Bachelor’s degree - B.A. /B.S. from four-year College or University in Accounting or Finance.  CMA or CPA a plus1-3 years of experience in Accounting function or demonstrated strong learning capabilityExposure to P&L and Balance Sheet reportingAbility to maintain discretionAbility to demonstrate a strong analytical mindsetAbility to meet deadlines in a fast-paced environmentAbility to identify areas for opportunity or simplification and implement best practicesStrong knowledge of AccountingStrong Microsoft Office skillsStrong communication & presentation skillsDrive to learn, grow, and succeedMust be eligible for employment in the United States

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.