Senior Manager, Technical Accounting & Research
Company: ITW
Location: Glenview
Posted on: January 27, 2023
Job Description:
Since its founding more than 100 years ago, ITW has become one
of the worlds leading diversified manufacturers of specialized
industrial equipment, consumables, and related service businesses.
We place a high premium on the development of innovative
solutionsmost 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.ITWs
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 ITWand key to our
longevity and strong performance.ITWs 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/ITW is
seeking a Senior Manager, Technical Accounting & Research to
perform accounting and SEC reporting research, oversee the Companys
Financial Policies & Procedures, and manage the preparation of the
Companys 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 ITWs 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 Companys 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 Companys Audit Committee
- Work closely with investor relations and various financial
reporting teams in the preparation and review of the Companys
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 ITWs 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 Companys 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
- Bachelors or Masters 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 environmentIllinois 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
applicable federal, state, or local laws.If you are a qualified
individual with a disability and are unable or limited in your
ability to use or access the online application system process due
to your disability, please email corp_accessibility@itw.com to
request assistance. No other requests will be acknowledged.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 equal employment opportunity and fair treatment for
employees, beginning with the hiring process and continuing through
all aspects of the employment relationship. _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 applicable federal, state, or
local laws. _ITW is an equal opportunity/affirmative action
employer. All qualified applicants will receive consideration for
employment without regard to sex, gender identity, sexual
orientation, race, color, religion, national origin, disability,
protected veteran status, age, or any other characteristic
protected by law.
Keywords: ITW, Glenview , Senior Manager, Technical Accounting & Research, Executive , Glenview, Illinois
Didn't find what you're looking for? Search again!
Loading more jobs...