US Controller Job at Illinois Tool Works, Richton Park, IL

  • Illinois Tool Works
  • Richton Park, IL

Job Description

Job Description:Key ResponsibilitiesLead financial performance management for both plants, connecting P&L results to operational drivers, corrective actions, and accountable owners.Own annual planning, critical forecasts, and monthly outlooks. Improve forecast accuracy and provide timely visibility into risks, opportunities, and performance throughout the month.Partner directly with plant and operations leaders to improve labor productivity, scrap, warranty costs, and premium freight. Challenge assumptions and recommend practical actions to improve margins.Lead manufacturing cost accounting, inventory valuation, and material, labor, and overhead variance analysis. Translate findings into decisions and follow through on results.Guide capital investment and resource allocation decisions through financial analysis, including return on investment, net present value, and payback. Support plant profitability analysis and the division’s segmented P&L strategy.Strengthen financial controls, reporting accuracy, and process discipline across both plants. Ensure compliance with ITW financial policies and serve as the primary external audit contact.Lead and develop the US finance and accounting team. Set clear expectations, address performance gaps, build accountability, and prepare employees for greater responsibility.Create clarity across finance and operations by establishing priorities, decision ownership, and escalation expectations. Simplify processes and advance ITW Toolbox initiatives, including 80/20.Required QualificationsBachelor’s degree in Accounting or Finance.At least seven years of progressive finance experience in manufacturing, including prior Controller-level responsibility and direct ownership of plant P&Ls.Automotive or similarly complex manufacturing experience.Experience leading finance across multiple manufacturing sites.Strong expertise in standard costing, inventory valuation, and manufacturing variance analysis, with the ability to connect financial results to plant activity.Proven results partnering with operations leaders to improve profitability, productivity, and cost performance.Experience leading and developing finance teams, including developing managers or team leads, addressing performance concerns, and building succession capability.Demonstrated business judgment that has influenced capital investment, cost reduction, capacity, or resource allocation decisions.Strong financial planning, forecasting, internal controls, and audit experience.Demonstrated success improving controls, reporting, or team effectiveness during organizational change or operational challenges.Preferred QualificationsCPA or CMA certification.Experience in a publicly traded or private-equity-backed business, and exposure to continuous improvement practices.Compensation Information:$130k-$180k base with short term incentives and a competitive benefits package.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. Job SummaryJob number: JR9145Profession: Finance & Accounting

Job Tags

Temporary work, Local area

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