Illinois Tool Works Inc.
Supervisor, Corporate Accounting
Illinois Tool Works Inc., Glenview, Illinois, United States, 60025
Since its founding more than 100 years ago, ITW has become one of the world’s leading diversified manufacturers of specialized industrial equipment, consumables, and related service businesses. We place a high premium on the development of innovative solutions–most of which are developed in tandem with our customers. And we continue to ensure that our customers receive timely, cost-effective service for the innovative products we provide.ITW’s differentiated business model is composed of a set of unique core capabilities: our proprietary 80/20 business process, customer-back innovation, and our well-known decentralized entrepreneurial culture. These capabilities are unmistakably ITW—and key to our longevity and strong performance.ITW’s products and solutions are at work all over the world, in deep-sea oil rigs, aerospace technology, bridges and wind turbines, healthcare, the spaces in which we live and work, the cars we drive, and the mobile devices we rely on. We are never, whether we know it or not, more than a few steps from an innovative ITW solution.Today, ITW (NYSE: ITW) is a Fortune 200 company that employs nearly 45,000 people with operations in 51 countries with headquarters in Glenview, IL.Our campus includes a fitness center at no cost to the employees, a cafe, outdoor volleyball courts, walking trails around the facility, employee resource groups, corporate discounts, dry cleaning services, covered/outdoor parking, and much more. We are just a block away from the nearest Metra station, and it is a quick 20-minute train ride to downtown Chicago, museums, lakefront, and other activities.More details on our benefits can be found on our website at https://www.itw.com/careers/benefits-compensation/
ITW is seeking a Supervisor, Corporate Accounting to be a part of the Corporate Accounting team.The individual will have a strong understanding of financial processes within a large multinational corporate environment, strong written and verbal communication skills, demonstrated analytical skills, and be able to work independently.Core Responsibilities:Monthly/Quarterly/Annual close processes including preparation of monthly journal entries and account reconciliationsRecord equity compensation activity including monthly amortization, equity exercises and vestings, Director plan activity, basic and dilutive share calculation and prepare annual 10-K disclosure footnoteSupport corporate departments including monthly reporting, accruals and forecast adjustmentsManagement of GL system including account maintenance, system parameters, close procedures and reconciliation to consolidation systemIdentify areas for process improvement and streamlining to increase efficiency of department procedures and processesPrepare Corporate and domestic payroll entries and maintain payroll bank account reconciliationAssist in preparation, consolidation and analysis of annual Corporate PlanAssist with various projects, internal and external audit requests, ad hoc projects and assignments as they developBachelor’s degree in Business in finance or accounting is required, CPA a plusMinimum 5 years relevant corporate and/or industry experience; experience in Corporate Accounting and/or business analysis roles a plusEffective time management skills to manage multiples priorities and deadlines simultaneouslyStrong verbal and written communication skills and the ability to work in a diverse and multicultural environment are essentialStrong analytical skills and business/financial acumenAttention to detail, with high standards of accuracy and reviewExperience handling highly sensitive information with integrity and maintaining a high level of confidentiality and professionalismHigh level of proficiency in utilizing Excel, including advanced formulas and basic macros; demonstrated proficiency with Microsoft Dynamics GP and Oracle HFM a plusAbility to be in the office at the Glenview campus 5 days a week with flexibility on hours.Must be able to work independently with minimal supervision. Must be able to research and follow-up timely and independently on pending items
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ITW is seeking a Supervisor, Corporate Accounting to be a part of the Corporate Accounting team.The individual will have a strong understanding of financial processes within a large multinational corporate environment, strong written and verbal communication skills, demonstrated analytical skills, and be able to work independently.Core Responsibilities:Monthly/Quarterly/Annual close processes including preparation of monthly journal entries and account reconciliationsRecord equity compensation activity including monthly amortization, equity exercises and vestings, Director plan activity, basic and dilutive share calculation and prepare annual 10-K disclosure footnoteSupport corporate departments including monthly reporting, accruals and forecast adjustmentsManagement of GL system including account maintenance, system parameters, close procedures and reconciliation to consolidation systemIdentify areas for process improvement and streamlining to increase efficiency of department procedures and processesPrepare Corporate and domestic payroll entries and maintain payroll bank account reconciliationAssist in preparation, consolidation and analysis of annual Corporate PlanAssist with various projects, internal and external audit requests, ad hoc projects and assignments as they developBachelor’s degree in Business in finance or accounting is required, CPA a plusMinimum 5 years relevant corporate and/or industry experience; experience in Corporate Accounting and/or business analysis roles a plusEffective time management skills to manage multiples priorities and deadlines simultaneouslyStrong verbal and written communication skills and the ability to work in a diverse and multicultural environment are essentialStrong analytical skills and business/financial acumenAttention to detail, with high standards of accuracy and reviewExperience handling highly sensitive information with integrity and maintaining a high level of confidentiality and professionalismHigh level of proficiency in utilizing Excel, including advanced formulas and basic macros; demonstrated proficiency with Microsoft Dynamics GP and Oracle HFM a plusAbility to be in the office at the Glenview campus 5 days a week with flexibility on hours.Must be able to work independently with minimal supervision. Must be able to research and follow-up timely and independently on pending items
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