Accounting Manager

Posted 6 Hours Ago
Be an Early Applicant
Lincolnshire, IL
Senior level
Hardware • Other • Retail
The Role
The Accounting Manager at E.H. Wachs will oversee financial records, manage month-end closings, ensure compliance with accounting guidelines, and provide analysis and reporting for strategic decisions. The role includes leading an accounting team, collaborating across functions, and implementing financial process improvements.
Summary Generated by Built In

Company Description

ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $14.5 billion in 2021. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW’s approximately 45,000 dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture. www.itw.com. 

Are you an accounting leader hungry for the chance to collaborate across the business landscape and leave your imprint?




      Job Description

      E.H. Wachs, an ITW company, is seeking to add an Accounting Manager to their team of accounting professionals. As the Accounting Manager, your responsibilities extend far beyond managing the financial records. You're a catalyst for efficiency improvements, working closely with the Business Unit Controller to streamline processes, contributing to Annual Planning, and dissecting key business metrics that inform our decisions.

      If you're seeking a role where your contributions directly shape our business's success, all while embracing innovation, this may be the position you have been seeking.

      What you will do and impact:

      Accounting Management, Analysis and Reporting:

      • Manage the monthly, quarterly, and year-end financial closing process.
      • Ensure accurate and timely recording, analysis, and reporting of financial transactions in compliance with applicable accounting guidelines.
      • Prepare accurate management reporting and communicate the results effectively.
      • Monitor and analyze financial performance, identify trends, and provide meaningful insights to management for strategic decision-making.
      • Leverage available tools and technologies to analyze data to support process improvements and operational decisions.

      Team Leadership and Development:

      • Assist employees in understanding how decisions impact the financials, identify and communicate key business drivers, and provide training to enhance overall financial awareness.
      • Lead and develop the accounting team by providing guidance, training, and feedback.
      • Partner with the Business Unit Controller in planning, assigning, and directing work in the department.

      Cross Functional Collaboration:

      • Apply 80/20 thinking to reduce complexity and simplify processes.
      • Participate in cross-functional projects within the business.

      What you need to do to be successful:

      • Cultivate Curiosity: use a curious mindset and a strong desire for continuous learning, particularly regarding business processes and their influence on financial outcomes.
      • Prioritize Effectively: prioritization that aligns with business objectives. Exhibit high motivation, personal accountability, and coaching abilities to drive success.
      • Drive Financial Improvements: initiate and implement financial improvements that support and enhance business operations.
      • Attention to Detail: Be detail-oriented with robust problem-solving and organizational skills to ensure precision in financial management.
      • Self-Starting Initiative: Be an aggressive self-starter with the capacity to independently lead and execute projects with minimal direction.
      • Effective Communication: Communicate effectively, both verbally and in writing, with customers, suppliers, and all team members, facilitating productive interactions.
      • Flexibility: Be open to minimal travel as required to fulfill job responsibilities.

      Qualifications

      • Bachelor’s Degree in Accounting or related field along with a minimum of five years of broad accounting experience.
      • ERP and Financial Reporting software experience required, Great Plaines expertise is beneficial
      • Advanced MS Excel skills

      Additional Information

      All your information will be kept confidential according to EEO guidelines.

      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.

      The Company
      HQ: Glenview, IL
      45,000 Employees
      On-site Workplace
      Year Founded: 1912

      What We Do

      ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $14.1 billion in 2019. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW’s approximately 45,000 dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture.

      From state-of-the-art dishwashers, ovens and refrigerators in restaurants and hotels, to automobile components inside vehicles all over the world ... the products we manufacture and the solutions we design are all around us. The buildings where we live and work are built with ITW construction and welding products, and our ITW test & measurement solutions help to ensure the quality and safety of millions of products.

      ITW’s dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture. Our leaders have deep expertise in the ITW Business Model and leverage it to deliver superior performance and value to our customers.

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