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Controller

Apply Job ID REF7358P Date posted 07/28/2022 Address 375 New State Road, Manchester, CT Job Type Full-time Job Status Exempt

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. Learn more about careers at ITW here! Working at ITW

ITW Graphics, a division of ITW, is a global manufacturer with a footprint in the US, Italy, and Asia. We offer customers a comprehensive, broad portfolio of heat transfer solutions for markets such as automotive, sporting goods, and industrial. Our labels are applied to many well-recognized brand names and consumer products.

ITW Graphics is seeking a Controller based in our Manchester, CT facility to play a critical role in the leading both the local finance team and serving on the site leadership team. This is a fantastic opportunity that will allow for both personal and professional development! 

Our total rewards package offers comprehensive support from health and wellness, to retirement and financial stability. You can find more information about our benefits package here: https://www.itw.com/careers/benefits-compensation/


OVERALL PURPOSE:

The Controller provides total financial support for the Manchester, CT location to ensure consistency with corporate policies, procedures and guidelines and provide adequate controls for monitoring of corporate assets. They will have responsibility for setting key financial performance indicators and effectively communicating financial analysis and recommendations to management to improve financial performance, and guidance.

ESSENTIAL DUTIES AND RESPONSIBILITIES:

  • Challenge and collaborate with the divisional leadership team and cross functionally with insightful analysis of the business, contributing ideas to drive improvement through the business.
  • Serve on the CT site leadership team to drive a positive culture of engagement and accountability
  • Champions the ITW Business Philosophy and uses company business processes and tools and sound judgement to analyze processes, identify and act on areas to reduce risk, complexity and/or cost savings.  
  • Plans, coordinates and administers the Operating Unit’s accounting functions, including cost accounting, general accounting, inventory accounting, payroll accounting, accounts payable, accounts receivable, profit planning, earnings estimates, other forecasts and special economic analysis. 
  • Consolidates accounting data and prepares reports necessary for management to keep abreast of the financial status of the unit and to identify potential problems or deficient areas. 
  • Provides direction and assistance to all departments: production, purchasing, scheduling, etc., in the preparation of the annual budget. The Controller prepares the annual plan used to measure and evaluate the financial status of the unit. 
  • Responsible for managing and the local finance team to foster optimal performance and engagement
  • The position is responsible for identifying improvement areas of the business and aids in the analysis and resolution of day-to-day problems. Conceives, prioritizes, and delivers improvement opportunities in all areas. 
  • Preparation of monthly forecasts, end of month and mid-month outlook updates, revenue and OI flash reporting.   
  • Assists compiling financials for the long-range plan (LRP) process and helps to communicate the strategy among others at the unit. 
  • Responsible for review, implementation, and documentation of internal controls (specifically the ITW ICQ questionnaire and the Top 13 Controls).  The Controller also ensures that we are striving for above average results to any internal audits.  
  • Primary contact with governmental agencies with respect to payroll, VAT and other reporting. 
  • Assists the Division Controller in various reporting, analysis, financial commentary, & strategic insight. 
  • Other duties as assigned. 

COMPETENCIES: 

Delivers Results: 

  • Guides team with tools and processes needed to be efficient and effective 
  • Allocates resources appropriately and manages conflicting priorities 
  • Ability to identify and clearly articulate and communicate business drivers behind financial results

Strategically Positions Business to Win Markets:

  • Demonstrates sound business judgment 
  • Aligns team strategy to broader function and divisional needs 
  • Anticipates future trends—does not only focus on current results 

Develops and Manages Talent: 

  • Manages and develops a high-performing team 
  • Coaches, mentors, and develops talent by providing tools and techniques that improve their effectiveness 
  • Helps others understand how their choices and decisions impact the business. 

Leads Effectively: 

  • Uses personal influence to motivate and achieve results 
  • Responds quickly, decisively, and ethically to changing situations 
  • Holds self and others accountable for living the ITW culture and values. 

Qualifications:

  • Bachelor's degree in accounting and / or a qualified ACCA/CIMA/ACA.  
  • 7-10 years of accounting experience (preferably > five years in a manufacturing environment).  
  • 3 or more years of experience in managing accounting teams or direct reports.  
  • Experience of ERP implementation is preferred

PREFERRED SKILLS:

  • Teamwork: Actively participates in teams by contributing to operating unit’s goals, offering input and new ideas. 
  • Internal Customer Satisfaction: Builds partnerships with internal customers by regularly demonstrating a high level of expertise and professionalism. Keeps internal customers informed of timelines and action plans. Independently assesses and effectively responds to internal customers’ requests. Implements solutions by following company policies and procedures. Follows through on commitments made to internal customers. 
  • Problem Solving: Ability to determine the best path to resolution. Daily decisions must be made regarding prioritizing multiple issues simultaneously. Solve problems when there are no available precedents, guidelines, or policies by drawing upon experience, research, input from peers, & accounting staff. 
  • Communication: Communicates to the operations manager, sales, customer service, accounting team and other departments to ensure effective two-way interaction. Superior written and verbal communication skills are required. 
  • Leadership/Initiative: Actively seeks accounting and financial improvements. Actively participates in the development of team, seeking opportunities that foster skill development. Consistently demonstrates integrity and high work standards. 
  • Business Knowledge: Keeps current with latest company developments along with industry trends.  

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 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.  

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At ITW, we value our colleagues' unique perspectives, experiences, and ideas and create workplaces where everyone can develop their careers and perform to their full potential.

Equal Opportunities

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. Read more information here.

If you are a qualified individual with a disability and are unable or limited in your ability to use or access this online application system process due to your disability, please email corp_accessibility@itw.com to request assistance. No other requests will be acknowledged.