Accounting Manager

Company Description

ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $14.1 billion in 2019. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW’s approximately 45,000 dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture. www.itw.com. 

Polymers & Fluids segment is composed of highly branded products serving diverse markets that require value-added, differentiated solutions. These product offerings include adhesives, sealants, coatings, lubricants, additives, and cleaners for Transportation, Electronics, automotive aftermarket, MRO, Industrial Cleaning and Lubrication, New Energy, and Marine industry customers with unique needs. ITW differentiates through leading brand positions, technology, and innovation, and strong focus on specific niche opportunities. PPF East Asia is a division with regional headquarter in China and we have operations cross Korea, Japan, Hong Kong and countries in Southeast Asia.

ITW'S BUSINESS MODEL & CULTURE:

• We have an environment shaped by our decentralized, entrepreneurial culture that brings our exciting ideas to life.  Our people thrive in our “flexibility within the framework” approach.
• We are committed to providing you with growth and development opportunities that maximize your unique potential.
• Our culture empowers you to think and act like a business owner – we want your entrepreneurial spirit to thrive!
• Be a part of One ITW/One Team, where everyone’s contribution matters in our quest to achieve our full potential.
• We live by our Core Values:
  • We focus on the essential core of each business opportunity, fostering simplicity in how we think and execute.
  • We gain strength through trial and error and work as a team through jointly sharing risk.
  • We treat our customers and suppliers with integrity and transparency, and constantly strive to do the right thing.
  • We deeply respect diversity at every level of the company and consequently promote an open environment where innovations can emerge from our various backgrounds and experiences.
  • We trust our team members and are confident that they each work to the highest professional standards and in the company’s best interests.

Job Description

SUMMARY:

At ITW, our finance team plays an important role in our business operations and financial success. As a Finance Manager, you will get to work in a face-paced and dynamic environment, leveraging your fantastic people-management skills, entrepreneurial spirit, technical finance skills, and analytical prowess, to inspire and create great financial outcomes within the department. This is an exciting opportunity to lead a growth-minded team!

YOU MIGHT LIKE THIS JOB IF YOU ENJOY/ARE GOOD AT:

• Developing innovative business solutions that streamline the way you and your team work. Simplification projects give you a sense of purpose and accomplishment.
• Mentoring a diverse and energetic team who enjoys ongoing learning and growth both as individuals and as a group.
• Letting your entrepreneurial spirit thrive! You are proactive by nature and are always thinking critically to problem solve for added efficiency and effectiveness.
• Analyzing data. You pick up on granular details others may miss, recognize when trends may be off, and are always looking for the answer to “why?”
• Working with excel. You enjoy using formulas to organize data and coaching your team to leverage the tool as well.

PRIMARY RESPONSIBILITIES:

• Month-end: Manage month-end close including preparing accruals & journal entries, managing Accounts Receivable and Cashbook, reviewing team journal entries and reconciliations for accuracy, and preparing financial statements for final review.
• Submission of Controller-approved financials to Corporate monthly.
• Analyze and report departmental budget vs actual.
• Manage financial aspects of the Inventory Cycle count program in accordance with the ITW policy.
• Assist in annual physical inventory counts and annual cost roll.
• Assist in year-end corporate reporting.
• Provide mentorship and coaching to a team of three direct reports.
• Participate in cross functional business partnering to drive business efficiencies.
• Assist in special projects, reporting, and analysis as needed.
• Promote, support, and ad