Controller

ITW•Lake Bluff, IL

9d•Onsite

About The Position

Buehler, a division of Illinois Tool Works (ITW), is a leading manufacturer of scientific equipment and supplies for material analysis. With a global presence and a history of market-leading technology, Buehler, under its parent company ITW (a Fortune 200 global diversified industrial manufacturer), is seeking a Business Unit Controller for North America. This key role reports to the Global Division Controller and is responsible for all accounting functions and financial reporting for the business unit. The position involves maintaining internal controls, managing a small accounting team, budgeting, forecasting, and financial analysis. The Controller is expected to champion the ITW toolbox, promoting simplification, continuous improvement, and prioritizing significant issues and opportunities.

Requirements

Bachelor’s degree in Accounting or Finance
7+ years of relevant experience; manufacturing industry preferred
Detailed orientated, organized, and able to work under pressure to meet deadlines
Strong PC skills, data mining skills, system savvy and advanced understanding of MS Excel
Understanding of GAAP.

Nice To Haves

Knowledge of SQL and Microsoft Dynamics NAV preferred
International experience, a plus but not required
Good communication skills; proven experience working cross-functionally
Prior experience managing account receivables/payable team, a plus
Some international travel possible.

Responsibilities

Manage the month-end close process.
Prepare/review monthly journal entries, account reconciliations, and supporting documentation.
Drive the month-end financial review with the Division Controller.
Ensure accuracy of financial records and integrity of data in accordance with ITW policy and GAAP.
Ensure application of ITW top thirteen controls.
Provide leadership and oversight to the accounting team through goal-setting, performance management, and day-to-day coaching and development.
Review direct reports’ account reconciliation and support, signing off on end result.
Manage all financial aspects of the inventory including inventory reconciliation, annual physical inventory, slow & obsolete reporting, and inventory management in cooperation with the operations teams.
Measure, monitor and analyze inventory trends, and drive improvement.
Support the monthly/quarterly forecasting process by eliciting input from throughout the organization to provide an accurate financial picture of the business unit.
Prepare Quarterly Sales Commission calculations and facilitate approvals and payments with Human Resources.
Lead financial planning activities for Annual Plan and Long-Range Plan under the direction of the Division Controller.
Manage day-to-day accounting activities including accounts receivable, accounts payable, expense approval and reporting, capital projects, and fixed assets monitoring.
Partner with Division leadership on all operational and strategic issues as they arise; provide strategic recommendations based on financial analysis and projections.

Benefits

The base salary for this position is $122,000-$140,000.
This position is also eligible to participate in an annual incentive plan.
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.
ITW is a Fortune 200 global multi-industrial manufacturing leader.
Our seven industry-leading business segments offer career development and learning opportunities in more than 50 countries across the globe.
We’re committed to investing in our people and supporting their growth through unique and relevant development opportunities at each stage throughout the employee life cycle.
Our decentralized, entrepreneurial culture empowers you to think and act like a business owner.
We aspire for everyone to perform to their full potential and value the unique and diverse perspectives, experiences and ideas that make us better together.
The ITW Business Model gives us the tools to focus on what’s most important, and we’re grounded in our values of Integrity, Simplicity, Trust, Respect and Shared Risk.