Accounting Supervisor

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

Job Description:

JOIN OUR TEAM!ITW Residential & Renovation (R&R) offers a broad range of professional grade anchoring tools and fasteners for numerous construction applications. Our products include wood to wood fastening systems (Paslode), structural wood fasteners (GRK Fasteners---), concrete anchoring systems (Tapcon -, Red Head -, Ramset -), underlayment screws (Rock-On -, Backer-On -), self-drilling screws (Teks -) and drywall anchoring systems (E-Z Ancor -). ITW R&R excels in meeting the growing demands from Pro end-users for high-quality home improvement and construction fastening products. Our products are trusted by industry professionals and each brand is the market leader in its respective category in terms of quality, performance and ease of use.ITW has an exciting career opportunity at our manufacturing facility located at 155 Harlem Avenue, Glenview, ILITW 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.The Residential and Renovation division is hiring a talented individual for an Accounting Supervisor role, based in Glenview, IL. TheAccounting Supervisormanages a team consisting of Accounts Receivable and Accounts Payable team members and supports their responsibilities as necessary in close partnership with the Accounting Manager and the Division Controllers. This role requires periodic travel to our local manufacturing locations, which includes spending time in a warehouse and production environment. A critical requirement of this role is the ability to effectively work cross-functionally. - Manage the receivables and payables accounting team members for a division with a high volume of customer and vendor transactions. - Oversee month-end close procedures and execution around accounts receivable and accounts payable procedures including providing insights into DSO metrics, Past Due Aging, and bad debt reserves. - Analyze AR and AP aging reports and provide weekly/monthly/adhoc reporting and other key Financial metrics to management. - Apply the ITW Principles to eliminate complexity and improve profitability of the company. Drive efficiencies and automation of processes by analyzing current practices and recommending and implementing changes - Critical partner in ERP & Concur Invoice Management and will play a critical role in the implementation of all future business systems and process documentation - Support and oversee payroll and other Finance admin functions - Ensure accurate and timely reporting of business and financial information in compliance with ITW policies and GAAP. Develop and maintain financial accounting and reporting processes that exceed audit requirements - Identify, lead and develop talent to maximize individual, team and organizational effectiveness in meeting company goals - Coordinate the completion of requests from other divisions, corporate functions, vendors and/or customers

Keywords: Illinois Tool Works Inc., Glenview , Accounting Supervisor, Accounting, Auditing , Glenview, Illinois