Accounting Manager

Company Description

ITW Commercial Construction is a leading manufacturer with a proven history of creating innovative fastening solutions used by the professional commercial contractor in concrete anchoring and flooring, drywall, metal building, fire protection, plumbing, electrical, and HVAC applications.

PNA Construction Technologies is a business unit within CCNA and specializes in the manufacture and supply of innovative products for the concrete flooring industry. We market value engineered products and systems designed to provide proper load transfer and joint protection in a properly designed concrete slab or pavement. 

We take pride in our commitment to providing the best performing products in the concrete flatwork industry. Customers also value our top-tier design support, knowledgeable and professional employees, and quality manufactured products made in the USA. Focusing on the needs of our end-users enables us to customize our product offering and service based on their requirements.

ITW offers its employees a path for advancement, a competitive salary, and a comprehensive benefits package designed to help employees care for themselves, their families, and their futures.

Job Description

Position Summary

As a key member of the finance team, the Accounting Manager reports to the Division Controller and holds responsibility over all accounting activities for the division. The Accounting Manager is responsible for driving the timely preparation of financial statements, reviewing, and monitoring internal controls, preparation of budgets and reporting of financial results to the appropriate level within the organization. The Accounting Manager manages a team of four and, as a finance business partner, builds effective relationships to achieve division results, goals, and objectives.  This position will be based primarily at the Glenview, IL location, with required travel to the Itasca, IL location.

Primary Responsibilities

• Financial Planning & Reporting
  • Coordinate and direct the financial planning, budgeting, and reporting for the organization.
  • Prepare or direct preparation of financial statements, business reports, annual budgets and/or reports required by corporate and/or regulatory agencies.
  • Ensure an accurate and timely monthly, quarterly and year end close in strict accordance with ITW Financial reporting policies (USGAAP).
  • Effectively communicate and coordinate the exchange of financial information to key stakeholders.

• Financial Records, Systems, Processes & Internal Controls
  • Understand and apply ITW financial policies consistently and effectively. Ensures that accurate financial records and strong internal controls are in place and being followed.
  • Coordinate internal and external audits as well as other corporate requests.
  • Understand key process areas across the organization and their related accounting impact – inventory management, AP, AR, cash management, accruals/reserves, manufacturing process, revenue, payroll, etc.
     
• Financial Analysis / Continuous Improvement
  • Analyze the financial details of past, present, and expected operations to identify development opportunities and areas where improvement is needed. Perform analytical reviews of data and explain variances against plan, outlook, and prior year.
  • Partner with cross functional teams to review financial results and work together to identify key trends, risks, and opportunities.
  • Apply the ITW Principles to eliminate complexity and improve profitability of the company. Participate in teams and play a lead role in the collection and analysis of data for these projects.

• Team Management & Development
  • Manage a team consisting of accountants, AR, and AP.
  • Identify, lead, and develop talent to maximize individual, team and organizational effectiveness and results. Fosters a culture of engagement and accountability.
  • Coach through feedback, development planning and performance management.
  • Monitor and analyze department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy.

Competencies:

Financial Leadership- Understands and applies ITW financial management concepts consistently, accurately and effectively.

Critical/Analytical Thinking- Analytical and inquisitive – able to explain the story behind the numbers, understand trends, and discern when something does not make sense. Is able to understand how decisions impact the financials and provide guidance as appropriate.

People Leadership– Manages & develops talent, affects change, and gains the respect of others.

Communication- Demonstrates eff