Division Controller

ITW

6d • $138,000 - $155,000

About The Position

MTS is seeking a Division Controller for its Service Team. The role partners with and reports to the Vice President General Manager - Service to develop and implement division strategy through financial analysis, models, and reporting. The Division Controller leads and oversees the division’s fiduciary responsibilities to drive business results, ensure proper implementation of the ITW business model, identify simplification and cost-saving opportunities, and improve cash flow, operating margins, and working capital performance against established metrics.

The Controller provides financial planning and analysis, including monthly reporting and financial outlooks, financial models for investments, review of customer contracts and quotes, and financial reporting for approximately 10 service entities around the world. The role advises division leadership on operational and strategic matters, supports annual and long-range planning, and works cross-functionally to provide accurate and timely financial information.

The position develops financial acumen among Service Leaders, leads and develops one Finance Analyst, and promotes accountability, the ITW Toolbox, and effective change management. Minimal travel is expected, averaging less than 5%, with flexibility to work outside standard hours for global meetings and occasional domestic and international travel.

Requirements

• Bachelor’s degree in Finance, Accounting, Economics, or a related field.
• At least 8 years of progressive experience in financial planning and analysis, including budgeting, forecasting, and financial modeling.
• Experience partnering with senior operational and commercial leaders and using data-driven financial analysis to influence business decisions.
• Ability to monitor industry trends, analyst reports, and competitive landscapes to inform strategy.
• Ability to use data-driven insights to communicate financial narratives and business strategies to audiences at all organizational levels.
• Strong public-speaking and executive-presence skills, including the ability to present complex financial information clearly and tailor communications to finance and non-finance audiences.
• Valid driver’s license and ability to obtain automobile/liability coverage.
• Flexibility in working hours to support a global role, including availability outside standard business hours for cross-regional meetings and occasional domestic and international travel.

Nice To Haves

• MBA, CPA, or CFA designation.
• Advanced Excel and financial modeling skills, with strong PowerPoint skills for executive-level presentations.
• Working knowledge of ERP systems and BI/reporting tools.
• Experience in a service, industrial, or manufacturing environment, including multi-entity or international P&L reporting.

Responsibilities

• Communicate and coordinate financial information, including actual results, KPI metrics, and forecasts, with stakeholders and departments to support business decisions; explain data to management and help establish measurable financial targets.
• Develop financial models and justifications for capital investments, leases, customer-back innovation (CBI), and other business investments.
• Provide monthly reporting packages and financial outlooks, and assist with platform-related forecasting duties.
• Serve as primary financial support and reviewer for customer contracts and quotes to ensure appropriate pricing and margins.
• Communicate division financial matters to segment and corporate leadership as needed.
• Prepare monthly financial statements for country-specific P&Ls across approximately 10 global service entities, and present and explain results to service leaders.
• Partner with the Vice President and division leadership on operational and strategic issues, providing data-driven financial recommendations and projections.
• Partner with the leadership team to prepare, develop, present, and execute the Annual Plan (AOP) and Long-Range Plans (LRP).
• Build credibility and collaboration with other MTS functional areas.
• Work cross-functionally with accounting to provide accurate, timely financial information in accordance with month-end close requirements and explain variances to outlook and AOP.
• Develop Service Leaders’ financial acumen and informally guide the Service Direct Leadership Team in applying forecasts, drivers, risks, and opportunities.
• Lead and develop one Finance Analyst, coaching on analytical rigor, forecasting, and reporting quality.
• Champion application of the ITW Toolbox and build a team culture in which its practices are understood and sustained.
• Monitor performance against forecasts, AOP, and KPIs; identify gaps early and help ensure the team meets its commitments.
• Follow up on actions, commitments, and open items, hold others accountable, and close the loop on corrective actions.
• Use influence and persuasion to gain support, and champion effective change-management practices.
• Perform other duties as assigned.

Benefits

• Affordable medical, dental, and vision insurance.
• HSA/FSA with a company match.
• Income protection benefits.
• Industry-leading 401(k) plan.
• Paid time off.
• Parental leave.
• Matching gift and volunteer program.
• Employee Resource Groups (ERGs) and opportunities to participate in the ITW Hearts Giving Hope Program.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior