Audit Intern – Summer 2024

Company Description

Today, ITW (NYSE: ITW) employs nearly 46,000 people with operations in 51 countries. ITW has become one of the world’s leading diversified manufacturers of specialized industrial equipment, consumables, and related service businesses.

The ITW campus includes a fitness center at no cost to the employees, a subsidized wellness café, outdoor volleyball courts, a walking trail, employee resource groups, 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.

Since its founding more than 100 years ago, ITW has become one of the world’s leading diversified manufacturers of specialized industrial equipment, consumables, and related service businesses. We place a high premium on the development of innovative solutions–most of which are developed in tandem with our customers. And we continue to ensure that our customers receive timely, cost-effective service for the innovative products we provide.

ITW’s differentiated business model is composed of a set of unique core capabilities: our proprietary 80/20 business process, customer-back innovation, and our well-known decentralized entrepreneurial culture. These capabilities are unmistakably ITW—and key to our longevity and strong performance.

ITW’s products and solutions are at work all over the world, in deep-sea oil rigs, aerospace technology, bridges and wind turbines, healthcare, the spaces in which we live and work, the cars we drive, and the mobile devices we rely on. We are never, whether we know it or not, more than a few steps from an innovative ITW solution.

More details on our benefits can be found on our website at https://www.itw.com/careers/benefits-compensation/

Job Description

Illinois Tool Works (ITW) is seeking Audit Interns to join the Enterprise Audit Services (EAS) team in the summer of 2024.  All audit interns travel to ITW business units to perform financial audits of ITW businesses around the globe.  Historically, Audit Interns have traveled internationally for two weeks, usually to a business unit in Europe.

Department Overview:

The Enterprise Audit Services (EAS) team consists of 40 audit professionals based in Glenview, IL, the United Kingdom, Hong Kong, and Brazil who complete audits around the globe in teams of 3-6 people each month. The EAS department focuses on developing “Great ITW Leaders” and supporting ITW’s Enterprise Initiatives.  The EAS 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 (up to 40%), including the ability for leisure travel between audit weeks
• Flexibility regarding work-from-home options
• Dress for your day at the corporate office
• Free access to a full gym on the ITW campus
• Minimum 40-hour work week (paid hourly)

Responsibilities:

• Perform a broad spectrum of financial audits to assist compliance of the SOX 404 initiative.
• Analysis/recommendation of process simplification opportunities utilizing a variety of audit and financial analysis tools and techniques.
• Documentation of work performed.
• Assistance in preparation and delivery of presentations to Management.

Qualifications

Requirements:

• Pursuing a Bachelor's or Master's degree in Accounting from an accredited university, with final academic graduation prior to August 2025.
• Minimum of 3.0 GPA
• Ability and desire to travel 40%* (domestic & international)
• Strong verbal and written communication skills and ability to interact with all levels of an organization
• Ability to multi-task and prioritize
• Strong organizational skills
• Attention to detail
• Computer proficiency with MS Office

*ITW Audit Department is not currently hiring individuals for this position who now or in the future require sponsorship for employment visa status

Additional Information

Illinois Tool Works Inc. (“ITW” or “the Company”) is an equal employment opportunity employer. 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.

If you are a qualified individual with a disability and are unable or limited in your ability to use or access the online application system process due to your disability, please email corp_accessibility@it