Senior Manager, Technical Accounting & Research

Company Description

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.

Today, ITW (NYSE: ITW) is a Fortune 200 company that employs nearly 43,000 people with operations in 55 countries with headquarters in Glenview, IL. Our campus includes a fitness center at no cost to the employees, cafeteria, outdoor volleyball courts, walking trails around the facility, employee resource groups, corporate discounts, dry cleaning services, covered/outdoor parking, and much more.  We are just a block away from the nearest Metra station, and it is a quick 20-minute train ride to downtown Chicago, museums, lakefront, and other activities.

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

Job Description

ITW is seeking a Senior Manager, Technical Accounting & Research to perform accounting and SEC reporting research, oversee the Company’s Financial Policies & Procedures, and manage the preparation of the Company’s financial filings with the SEC. This position will report directly to the Senior Director, External Reporting with exposure to executive management and to key finance and operations leaders across ITW’s worldwide operations. The position requires a solid working knowledge of U.S. GAAP and SEC reporting requirements, as well as strong communication skills and a desire to work collaboratively with other key disciplines and business personnel.

Primary Responsibilities

• Perform technical accounting and SEC reporting research and document the Company’s conclusions in technical whitepapers
• Monitor accounting literature for new reporting requirements that may potentially impact the Company and lead the implementation of new accounting standards
• Prepare quarterly accounting and regulatory update presentations for the Company’s Audit Committee
• Work closely with investor relations and various financial reporting teams in the preparation and review of the Company’s external financial communications (SEC filings and disclosures, annual report, earnings releases, communications with the investment community, etc.)
• Consult with operating and finance personnel at corporate and within ITW’s diversified group of businesses related to accounting questions and the implementation of financial policies and procedures
• Work closely with key stakeholders in the development, revision and maintenance of the Company’s Financial Policies & Procedures
• Act as a liaison with internal and external auditors on matters involving technical accounting, internal controls, financial policies and SEC reporting
• Participate and/or lead various Corporate Finance & Accounting projects to improve the overall efficiency, timeliness and accuracy of financial close processes
• Focus on Corporate Finance & Accounting talent management efforts through attraction, development and retention of key talent across the department

Qualifications

• Bachelor’s or Master’s degree in Accounting from an accredited college or university
• CPA required
• 8+ years of experience in public accounting and/or external financial reporting for a public company
• Extensive knowledge of U.S. GAAP and SEC reporting requirements
• Strong written and verbal communication skills
• Ability to manage and develop others
• Capable of leading large complex projects
• Able to perform in a fast paced environment

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 applicabl