Senior Auditor

Company Description

ITW (NYSE: ITW) is a global industrial company built around a differentiated and proprietary business model. 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 has operations in 51 countries around the world with products ranging from state-of-the-art dishwashers, ovens and refrigerators in restaurants and hotels, to automobile components inside vehicles all over the world.  The products we manufacture and the solutions we design are all around us. The buildings where we live and work are built with ITW construction and welding products, and our ITW test & measurement solutions help to ensure the quality and safety of millions of products.  ITW’s dedicated ~46,000 colleagues around the world thrive in the company’s decentralized and entrepreneurial culture – and embrace our core values of ITW core values includes Integrity, Respect, Trust, Simplicity and Shared Risk.  Our leaders have deep expertise in the ITW Business Model and leverage it to deliver superior performance and value to our customers.

The ITW campus includes a fitness center, a subsidized wellness café, outdoor volleyball courts, a walking trail, corporate discounts, free parking, and much more. We are a one block walk to the nearest Metra station for the Milwaukee North line, and it is a quick train ride to/from downtown Chicago. 

ITW fosters an inclusive work environment, including through its six Employee Resource Groups and offers a competitive benefits package - more details on our benefits can be found on our website at https://www.itw.com/careers/benefits-compensation/

Job Description

The Senior Auditor performs professional internal auditing work including performing financial, operational and compliance audit projects as well as providing consulting services to the organization’s management and staff.  The individual performs under supervision with moderate latitude for initiative and independent judgment.

Department Overview:

The Audit Services team is responsible for providing assurance about the effectiveness of controls and financial integrity of ITW.  The Audit Services team consists of 40 audit professionals that are located all over the globe - based in Glenview, IL, the United Kingdom, Hong Kong, and Brazil.  Due to ITW’s global scale and diversified business portfolio, ITW auditors receive a diverse business experience, while immersing in the culture of the 51 countries ITW operates.  The audit experience provides professionals the opportunity to develop technical, operational and personal effectiveness skills.  Audit Services also performs corporate controls testing locally for auditors that want to stay close to the corporate headquarters.  Within the Audit Department, our Culture Committee engages employees in activities and world events related to Safety, Community, Diversity & Inclusion, Environment, Recognition, and Mindfulness & Wellness.

Things to get excited about:

• Domestic and International travel, including the ability for leisure travel between audit weeks
• Generous benefits package including healthcare, 401k matching program and paid time off
• Free access to a full gym on the ITW campus
• The ITW Foundation offers a 3-1 match program, paid volunteer hours, sponsors the David Speer Academy in Chicago, IL and more.
• Flexibility regarding work-from-home options
• Dress for your day at the corporate office

Responsibilities:

• Performs initial risk assessment in the planning phase of the audit, based on understanding of the financials and overall business risks to determine audit approach.
• Completes audit procedures, including analyzing results, identifying and defining issues, reviewing and analyzing evidence, and documenting business unit processes and procedures.
• Reviews and evaluates the internal control environment and develops specific analyses of strengths and weaknesses, along with recommended improvements.
• Conducts interviews, reviews documents, and prepares working papers.
• Identifies, develops, and documents audit issues and recommendations using independent judgment concerning areas being reviewed.
• Communicates or assists in effectively communicating the results of the audit and consulting projects via presentations and written reports.
• Informs audit lead of progress and/or difficulties encountered during the audit.
• Mentors and review less experienced team members work
• Exhibits professional behavior in business setting and performs related work as assigned.
• Maintains relationship with a mentor.