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Senior Auditor

Company: Illinois Tool Works Inc.
Location: Glenview
Posted on: November 18, 2022

Job 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.We are conveniently located across from the Metra commuter rail, with access to an on-site gym, caf-- and active employee resource groups.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 Enterprise Audit Services (EAS) team consists of 40 audit professionals based in Glenview, IL, the United Kingdom, Hong Kong, and Brazil who complete audits in teams of 3-6 people each month.The EAS department's culture committee engages employees on 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 officeResponsibilities:
    • 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 mentor.
    • Travels domestically and internationally up to 40% (subject to safe travel conditions given the current pandemic).

Keywords: Illinois Tool Works Inc., Glenview , Senior Auditor, Accounting, Auditing , Glenview, Illinois

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