Staff Accountant

ITW • Glenview, IL

20h • $82,000 - $90,000 • Onsite

About The Position

ITW is seeking a detail-oriented and proactive Staff Accountant to join our Corporate Accounting team. This role is critical in supporting the company’s financial operations, with a strong emphasis on cash management, intercompany accounting and billing, travel & expense (T&E) oversight, and commercial paper debt tracking. The ideal candidate will also serve as a financial partner to various departments, providing insight and support to ensure accurate financial reporting and operational efficiency.

Requirements

• A bachelor’s degree in Accounting is required.
• Minimum 2-3 years of experience in accounting roles, with a preference for corporate accounting.
• Attention to detail, with high standards for accuracy
• Ability to be in the office 5 days a week at the corporate campus with flexibility on hours worked
• Intermediate level of proficiency in utilizing Excel, including advanced formulas, pivot tables, and basic macros
• Effective time management skills to manage multiple priorities and deadlines simultaneously
• Strong verbal and written communication skills and the ability to work in a diverse and multicultural environment are essential
• Strong analytical skills and business/financial acumen
• Must be able to work independently with minimal supervision.
• Must be able to research and follow-up timely and independently on pending items

Nice To Haves

• Demonstrated proficiency with Microsoft Dynamics GP and Oracle HFM a plus; familiarity with cloud-based ERP systems is highly desirable

Responsibilities

• Perform daily and monthly cash reconciliations across multiple bank accounts, generating journal entries throughout period.
• Manage intercompany transactions, ensuring timely and accurate billing and reconciliation.
• Prepare and post intercompany journal entries and resolve discrepancies between entities.
• Monitor and reconcile commercial paper debt activity, senior notes, intercompany debt including interest accruals and payments.
• Manage the monthly T&E accrual process and reporting.
• Act as a financial liaison to various departments, providing guidance on budget tracking, expense coding, and financial reporting.
• Assist in the month-end close process, including journal entries, account reconciliations, and variance analysis.
• Serve as back-up for accounts payable associate.
• Prepare supporting schedules for internal and external reporting.
• Ensure compliance with GAAP and internal controls.

Benefits

• 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, and Educational Assistance; Parental Leave, vacation, sick time, and 11 Paid Holidays.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees