Division Controller
Illinois Tool Works
Division Controller
The Division Controller is a key member of the leadership team, partnering with the Vice President/General Manager to shape and execute division strategy. This role drives financial planning, economic modeling, and fiduciary oversight to deliver strong business results. Based in Troy, OH, the Division Controller ensures compliance with ITW policies and GAAP while championing simplification through ITW Toolbox principles.
Essential Duties and Responsibilities
Financial Reporting and Control
- Lead and oversee all financial activities, transactions, reporting, and resources within the division.
- Ensure accurate and timely reporting of financial information in compliance with ITW policies and GAAP.
- Administer exceptions to policy through appropriate channels when necessary.
- Apply ITW Principles (80/20, Product Line Simplification, Market Rate of Demand, In-Lining) to reduce complexity and improve profitability.
- Coordinate profit planning, earnings estimates, forecasts, and economic analyses.
- Translate financial data into actionable insights for leadership, highlighting trends, risks, and opportunities.
- Clearly communicate financial plans, results, and outlook, explaining the story behind the numbers to divisional and corporate leadership.
Strategic Planning
- Collaborate with leadership on operational and strategic issues, providing recommendations based on financial analysis.
- Develop and execute annual and long-range plans aligned with business objectives.
- Support strategic initiatives, including capital investments, new product development, and toolbox projects.
- Build credibility and foster collaboration across departments.
Operating Analysis and Planning:
- Deliver short- and long-term outlook and measurable financial targets.
- Evaluate projects for investment and resource optimization to enhance profitability.
- Contribute to 80/20 initiatives to simplify processes and improve efficiency.
- Clear and concise / articulates business strategies and performance.
- Perform any other duties as assigned by the VPGM.
People Leadership and Talent Development:
- Lead and develop a high-performing finance team focused on growth and process improvement.
- Embed ITW Toolbox and 80/20 culture within the team.
- Coach and mentor team members, fostering engagement and aligning goals with company vision.
- Champion change management principles to build organizational capability.
- Create a strong talent pipeline and implement succession strategies.
Job Requirements
Required:
- BS/BA in Accounting or Finance (manufacturing experience preferred).
- 10+ years of experience in financial reporting, analysis, cost control, and P&L management.
- Strong leadership and collaboration skills; ability to influence strategic initiatives.
- Experience with ERP systems and general ledger applications.
- Ability to manage shifting priorities and solve complex problems.
Preferred:
- CPA and/ or MBA.
- 4+ years of experience managing accounting teams.
- Proven success in manufacturing environments, driving cost reduction and revenue growth.
Travel: Up to 20%.
Why Join Us
At ITW Hobart Filler Metals, you'll play a critical role in shaping financial strategy and driving operational excellence. Join a team committed to innovation, simplification, and profitable growth.
Compensation Information:
TBD
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.
$140k - $200k
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