Business Unit Controller

Company Description

Founded in 1912, Illinois Tool Works Inc. (NYSE: ITW) is a diversified, Fortune 200 manufacturing company that delivers specialized expertise, innovative thinking, and value-added products to meet critical customer needs in a variety of industries. Ranked among Fortune's Magazine's most admired companies, the company focuses on solid growth, improving profitability and strong returns across its worldwide platforms and divisions. These divisions serve customers and markets around the globe, with a significant presence in developed as well as emerging markets. ITW's revenues totaled $12.6 billion in 2020.

ITW Medical is comprised of two highly-respected medical product brands - Coeur & Filtertek - supplying medical devices, components, and service to global medical device brands. Filtertek manufactures molded filtration and flow control components. Coeur is a leading provider of disposable diagnostic imaging consumables.

Job Description

Position Summary:
The Business Unit Controller will be the finance leader of our Washington, NC facility and serve as a key business partner to the cross-functional facility leadership teams. The role will report to the Business Unit Manager and be based in our Washington, NC location.

Responsibilities:

Maintain accurate financial statements and records that comply with ITW policies
Coordinate the monthly forecasting process
Review, analyze and interpret financial performance vs. budget/forecast on a monthly, quarterly and YTD basis
Set key financial performance indicators and effectively communicate financial analysis and recommendations to improve financial performance utilizing the Segmented P&L, Customer Facing Metrics and Enterprise-Wide Metrics
Partner with Sales, Engineering, Quality and Operations to develop and support financial tools and trackers (price-cost, market analysis, etc.)
Provide financial support of operational 80/20 initiatives and apply the ITW principles/toolbox to improve financial processes
People leadership & talent development: manage senior financial analyst and AR/AP clerk and develop strong financial acumen among other cross-functional colleagues
Prepare business case analysis to support strategic investment decisions
Review, evaluate and prioritize tasks/project assignments, identifies key issues and clearly communicates to management
Develop and enhance internal controls, policies and procedures

Qualifications

Bachelors or Master's Degree in Accounting and/or Finance
7+ years of accounting/finance work experience
3+ years of experience in managing finance teams or direct reports preferred
Experience in a manufacturing environment preferred
Strong analytical skills and overall knowledge of accounting principles
Organized and results-driven
Strong and proactive verbal and written communication
Expert Excel skills and ability to create pivot tables, charts, trend analysis
Experience with financial modeling
Ability to perform in a fast paced environment

Additional Information

All your information will be kept confidential according to EEO guidelines.

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.