Analyst/Sr Analyst- Management Reporting
$74k - $88kIllinois Tool Works
Financial Analyst – Management Reporting
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 developing 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 our innovative products.
ITW's differentiated business model comprises 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 (NYSE: ITW) is a Fortune 300 global multi-industry manufacturing leader with revenue of $15.9 billion in 2024. and employs ~44,000 people operating in 51 countries. Our headquarters are in Glenview, IL. We offer a variety of benefits including 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.
ITW is seeking a Financial Analyst – Management Reporting, or if experience is appropriate, can scale to a Senior Financial Analyst title, at its corporate campus in Glenview, IL. The Management Reporting group provides timely and effective management reporting, issuing accurate reporting of external segment financial statements, delivering Investor Relation communications, and driving operational efficiencies through process improvements and automation. This position will work collaboratively with other members of the Corporate Finance & Accounting team and with various corporate departments, business unit management teams, and our external auditors. As a member of the Corporate Finance & Accounting team at ITW's Corporate headquarters, this position has excellent visibility and will offer opportunities for rotation and advancement. This position will report to the Manager of Management Reporting.
Responsibilities
- Assist with accounting close for the Management Reporting organization by preparing monthly, quarterly, and annual financial results for the Company's external and operational financial reporting.
- Provide reporting of the income statement and segment data from an internal and external perspective.
- Support Senior Management and operating groups with the financial application (HFM) training and reporting.
- Contribute to various department initiatives and cross-functional Finance projects to improve process efficiency and overall timeliness and accuracy of financial information
- Identify opportunities to improve efficiency of existing processes and propose enhancements and participate in ad hoc projects
Qualifications and Skills Required
- A bachelor's degree specifically in Accounting is required
- 2+ years of professional corporate accounting experience is required
- Ability to work 5 days a week in the office at the Glenview campus with flexibility on hours.
- Strong verbal and written communication skills and the ability to work in a diverse and multicultural environment
- Strong analytical skills and business/financial acumen
- Attention to detail, with high standards of accuracy and review
- Organized and results-driven with the ability to work in a fast-paced, multi-task project environment
- Ability to execute projects efficiently and effectively with limited supervision
- Proficient with key financial applications, including Excel, experience with Oracle HFM a plus
* ITW's Management Reporting Team is not currently hiring individuals for this position who now or in the future require sponsorship for employment visa status.
Compensation Information:
The compensation package for the role offers a competitive base salary ranging from $74K - $88k annually.
ITW considers various factors when extending an offer, including but not limited to the scope and responsibilities of the position, the candidate's work experience, education and training, geographic location, key skills, as well as market and business considerations.
In addition to a competitive salary, ITW employees in the U.S. are eligible for a comprehensive benefits package. This package includes medical, dental, vision, disability and life insurance programs. We also provide a 401k plan with both a company match and additional employer contribution, Flexible Spending Accounts, Health Savings Accounts, Employee Assistance Program, Commuter benefits, Adoption Assistance
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.
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