Multi-Plant/Business Unit Controller - HYBRID

  • Full-time
  • FLSA Status: Exempt

Company Description

ITW (NYSE: ITW) is a Fortune 250 global multi-industrial manufacturing leader with revenues totaling $14.5 billion in 2021. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW’s approximately 45,000 dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture. www.itw.com

ITW Shakeproof Industrial supplies cold headed & metal stamped fasteners totaling approximately $60M in revenue annually. Manufacturing/warehouse locations include Watertown, WI, Milwaukee, WI, Broadview, IL, and Iron Ridge, WI.  We serve major OEMs and their tier suppliers direct and through distribution channels in the industrial market.  ITW Shakeproof Industrial drives profitability by leveraging its innovative solutions and application engineering, allowing us to enhance our customers’ competitive advantage. 

ITW Shakeproof Industrial is an Illinois Tool Works (ITW) Company. Known for innovation, diversification, and excellent financial performance.  We are never, whether we know it or not, more than a few steps from an innovative ITW solution.

Job Description

The Business Unit Controller will report to the Division Controller with a strong partnership with the Plant Manager. The Controller will be responsible for forecasting, reporting, and managing a full set of financial statements for the Business Unit, as well as establishing and maintaining accurate and effective financial processes in accordance with ITW policies and US GAAP. The role will be a key member of the site leadership team and will partner with the Plant Manager and operations team on increasing growth, increasing profitability, and meeting the overall financial plan.

  • Drive long-range and Annual Planning activities that incorporate both bottom-up input and top down-strategic priorities that align with the business’s strategic intent.
  • Lead as a financial business partner to help understand the business challenges and leverage financial understanding to develop and analyze solutions that allow the team to meet or exceed goals.
  • Prepare and communicate monthly and quarterly reports which summarize business activity and drivers of financial position in areas of income, expenses, and earnings based on past, present, and expected operations.
  • Support the operational excellence strategy by working closely with the organization on process improvements, KPIs, business case modelling and analysis.
  • Steward of the ITW Toolbox.
  • Maintain ownership of financial controls and reporting; annual plans, capital projects and approvals, timely and accurate preparation of required financial reports, accounts receivable, accounts payable and payroll processes, inventories, and reconciliation of results.
  • Manage and lead the Finance/Accounting function.
  • Champion the ITW Leadership Development framework in developing talent and fostering a culture of engagement and inclusivity that aligns with our core values.
  • Support Operations and the organization to achieve unit and Divisional goals and objectives, including the annual operating plan, long range strategic plan, capital investments.
  • Provide operational analysis to identify problems/opportunities, recommend solutions and facilitate accurate decisions and strategies. Examples include 80/20 analysis, price/cost analysis, etc.
  • Ensure accurate and timely reporting of financial information in compliance with ITW policies and GAAP.
  • Develop and maintain financial reporting processes with strong internal controls that adhere to ITW policies and exceed audit requirements.
  • Work with the team to lead and develop accurate monthly Outlooks utilizing 80/20 based on analytics.
  • Analyze actual performance to Outlooks, Annual Plan and prior year as needed. Emphasis on telling the story behind the numbers and driving opportunities for improvement.
  • Work with Strategic Sourcing and the cross functional teams to effectively manage price/cost responsibly.
  • Facilitate and complete monthly closing requirements with a Hands-On approach.
  • Coordinate internal and external audits as well as other corporate requests.

Perform/oversee annual standard cost setting process and physical inventories throughout the year.

Qualifications

  • B.S. in accounting/finance or equal industry experience required, MBA a plus.
  • 12+ years of accounting experience in a manufacturing environment required.
  • CPA or CMA certification a plus.
  • Must be able to adhere to deadlines, manage conflicting priorities and work under pressure.
  • Ability to analyze financial data and prepare analysis and forecasts as needed.
  • Strong communication, interpersonal and problem-solving skills.
  • Ability to communicate effectively at all levels of the organization and work well within a team.
  • Be entrepreneurial in decision making and able to work within a decentralized work environment.
  • Hybrid/Remote position with the ability to work within a commutable distance from one of the Wisconsin or Illinois locations.

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.  

Privacy Policy