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Accounting Manager - Components Division

ITW
United Statesfull_timeVerifiedPosted 24 Aug 2023

About the role

Company Description

Miller® is about building things that matter. We lead the welding industry in building advanced, solution-focused products and meeting crucial needs for welding safety and health.

We’re about the partnership and the work. Our products are designed with our users for manufacturing, fabrication, construction, aviation, motorsports, education, agriculture and marine applications.

Miller Electric Mfg. LLC, is headquartered in Appleton, Wisconsin, and wholly owned by Illinois Tool Works (NYSE: ITW). The company maintains its industry leadership by setting the standard for reliability, quality and responsiveness. Our tagline, “The Power of Blue®,” is inspired by the blue color of Miller equipment.

The company began with an innovation that responded to customer needs, growing from a one-man operation in 1929, to the world’s largest manufacturer of arc welding products. Miller keeps the tradition alive by focusing on its top priority: people.

Job Description

The Components Division is part of ITW's Welding Commercial Platform with manufacturing in Appleton, WI.  Components manufactures parts (circuit boards, sheet metal, magnetics, wire harnesses, and machined components) which are then assembled by the finished goods divisions to build their products. The Accounting Manager is responsible for managing the overall accounting function and financial reporting for the Division.  In addition, this position will partner with the Division Controller to drive efficiencies within the accounting department, implement streamlined processes, assist with Annual Planning, and analyze key business metrics that drive management decisions. This position is based in Appleton, WI. 

Essential Functions 

This position is a key function within the Accounting team. The Accounting Manager will work with the Division Controller to ensure accuracy of financial records and integrity of data shared with management, supervise top 13 internal controls and compliance to ITW's policies and procedures and applicable laws. 

  • Effectively manage the monthly, quarterly, and year-end financial closing process  

  • Ensure accurate and timely recording, analysis, and reporting of financial transactions in compliance with applicable accounting guidelines 

  • Monitor and analyze financial performance, identify trends, and provide meaningful insights to management for strategic decision-making 

  • Apply 80/20 thinking to reduce complexity and simplify processes within the Components Division. 

  • Leverage available tools and technologies to analyze data to support process improvements and operational decisions 

  • Lead and develop the accounting team by providing guidance, training, and feedback 

  • Prepare accurate management reporting and communicate the results effectively 

  • Assist employees in understanding how decisions impact the financials, identify and communicate key business drivers, and provide training to enhance overall financial awareness  

  • Participate in cross-functional Toolbox projects within and outside the Division 

  • Partner with the Division Controller in planning, assigning, and directing work in the department  

  • Perform related work as assigned 

Qualifications

  • Bachelor’s Degree in Accounting or related field along with a minimum of five years of broad accounting experience. CPA or equivalent designation is preferred. 

  • Possesses a curious mind, a strong desire to continuously learn about business processes and their impact on financials 

  • Demonstrates a keen sense of prioritization aligned with business objectives, exhibits high motivation, personal accountability, and coaching abilities 

  • Strong track record of driving financial improvements to support business operations 

  • Detail-oriented with strong problem solving and organizational skills 

  • Aggressive self-starter with the ability to work independently on projects with little direction 

  • Communicates effectively (both verbal/written) with customers, suppliers and all employees  

  • ERP and Financial Reporting software experience required, Microsoft D365 expertise is beneficial 

  • Advanced MS Excel skills 

  • Minimal travel as needed 

Additional Information

All your information will be kept confidential according to EEO guidelines.

ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential. 

As an equal employment opportunity employer, ITW is committed to e

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