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Finance Manager - Hybrid Role

Apply Job ID REF6328W Date posted 04/29/2022 Address Illinois 47, Woodstock, IL Job Type Full-time Job Status Exempt

Ignite your full potential! At ITW, we think and act like entrepreneurs. We embrace autonomy, make our own decisions, and take ownership to create innovative solutions for the world's biggest and most influential brands.

We are everywhere. You may not know us, but you can see us everywhere. The products we manufacture and the solutions we design are all around you – from automotive components in your car, to state-of-the-art dishwashers, ovens and refrigerators in your favorite restaurants and hotels. The buildings where you live and work are built with ITW construction and welding products, and our ITW test and measurement solutions help to ensure the quality and safety of millions of products. quality testing solutions analyze the products you use every day.

We are global and diverse. Across our seven business segments we offer access to challenging opportunities in high-growth industries and markets all around the world.

We are committed to your full potential. We strive for everyone at ITW to reach their full potential, and we value the unique and diverse perspectives, experiences and ideas that make all of us better together.

We offer top quality compensation and benefits packages, including competitively priced medical and dental coverage the first of the month following hire, free life insurance, paid vacation and holidays, and immediate 401k employer matching. 

ITW Medical is comprised of three strong medical product brands - Coeur, Filtertek & Precise - situated to proactively meet the needs of customers in the marketplace.  Coeur is a leading provider of disposable medical products used in diagnostic imaging and other medical procedures.  The Filtertek product line is comprised of custom plastic insert molded filtration and flow control components for global OEM medical device customers.  Precise Biomedical provides preventative maintenance, service support and parts for power injectors used in the medical imaging market.   

Join ITW today and come grow with us!


    The Finance Manager will be the finance leader of our Hebron and Elk Grove Village facilities and serve as a key business partner to the cross-functional facility leadership teams.  The role will report to the Division Controller and is a hybrid role working remote 2 days per week. Office is located in Hebron, IL. This position will also support our location in Elk Grove Village, IL.

    Responsibilities:

    • Maintain accurate financial statements and records that comply with ITW policies
    • Coordinate the monthly forecasting process
    • Review, analyze and interpret financial performance vs. budget/forecast on a monthly, quarterly and YTD basis
    • Set key financial performance indicators and effectively communicate financial analysis and recommendations to improve financial performance utilizing the 80/20 Segmented P&L, Customer Facing Metrics and Enterprise Wide Metrics
    • Partner with Sales, Engineering, Quality and Operations to develop and support financial tools and trackers (price-cost, market analysis, etc.)
    • Provide financial support of operational 80/20 initiatives and apply the ITW principles/toolbox to improve financial processes
    • People leadership & talent development: manage financial analyst and AR/AP clerk and develop strong financial acumen among other cross-functional colleagues
    • Prepare business case analysis to support strategic investment decisions
    • Review, evaluate and prioritize tasks/project assignments, identifies key issues and clearly communicates to management
    • Develop and enhance internal controls, policies and procedure
    • Bachelors or Master’s Degree in Accounting and/or Finance
    • 5-7 years of accounting/finance work experience
    • Experience in a manufacturing environment preferred
    • Strong analytical skills and overall knowledge of accounting principles
    • Ability to lead, mentor and manage a team
    • Organized and results-driven
    • Strong and proactive verbal and written communication
    • Expert Excel skills and ability to create pivot tables, charts, trend analysis
    • Experience with financial modeling
    • Ability to perform in a fast paced environment

    ITW offers a competitive compensation and benefits package, including competitively priced medical and dental coverage the first of the month following hire, free life insurance, paid vacation and holidays, and immediate 401k matching. Additional retirement savings contribution (above and beyond 401k) is awarded at no cost after one year.

    ITW Medical is an equal opportunity, equal employment, affirmative action employer.  We strive to create a diverse and inclusive work environment where everyone is welcome to contribute their unique talents and ideas.  We encourage applications from females, males, disabled/protected or other veterans, persons with disabilities, all races and ethnicities, sexual orientations and gender identities.  Reasonable accommodation will be made to enable persons with disabilities to apply and to perform the essential job functions. If you require assistance with completing an application, please reply that you require assistance.

    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.