Reporting to the Division Controller, Controller, North America serves as a key business partner to enable above average market growth and operational efficiency. In addition, this leadership role is responsible for managing the U.S. accounting and finance organization. Functions include the reporting process (which includes reporting to both the parent company and internal management).
Essential Job Responsibilities:
Planning, reporting and analysis
Participation in all major financial decisions of the North America business
Responsible for Financial reporting of North America business
Proactive internal reporting – Identify potential issues/opportunities and recommend solutions
Financial analysis of actual results to highlight variances to key strategic plans/forecasts
Monthly management information reporting including presentation of results to internal management
Forecasting and Planning (Annual and Long-Range Plans)
Control procedures – compliance with all ITW Policies and Procedures (Including internal and external audits)
Management and development of the three-member finance team
Leverage and drive the Front to Back 80/20 Business Process and Toolbox principles within the organization to drive growth, enhance efficiency and eliminate complexity from the business processes
Ensure the organization operates within all Corporate financial and compliance guidelines
Leadership Expectations – ITW
Strategically Positions Business to Win in Markets. ITW leaders understand what is required to win. They are strategic and anticipate future trends. They bring an outside-in perspective to drive innovation in the organization. They demonstrate a strong enterprise mindset and do what is right for ITW
Delivers Results. ITW leaders execute and deliver. They exhibit exceptional business acumen and excellent project management skills. They are stewards of the ITW Toolbox. They hold themselves accountable for consistently meeting ITW’s earnings targets
Develops and Manages Talent. ITW leaders are outstanding developers of talent. They see talent as a strategic advantage and are constantly sourcing, coaching, and developing our people in order to build a talent pipeline. They motivate and inspire others to excel
Leads Effectively. ITW leaders achieve outstanding performance with others. They are collaborative, communicate effectively, and can implement change. They are self-aware and know how to use personal influence rather than positional power to get things done. They role model ITW’s values
Additional duties and tasks as assigned.
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.
Bachelor’s degree in Accounting and CPA required with a minimum 7 years of progressive experience in a financial reporting. Experience in reviewing and supervising accounting areas such as accounts payable, inventory, invoicing/accounts receivable and payroll
Strong strategic leadership skills with a proven ability to operate as a strategic business partner
Proven ability to perform budgeting and forecasting, as well as drive simplification and continuous improvement within the business
Experience developing and managing direct reports within the finance function.
Ability to build constructive and effective relationships across the organization
Proficiency in accounting software in addition to very strong Excel skills, intermediate Word and PowerPoint. Proficiency in Power BI or other database software highly preferred.
Effective presentation/communication skills. Must have the ability to effectively present information and respond to questions from groups of managers, clients, customers and the public
Requires minimal (4 times/yr.) domestic travel
About Magnaflux, an ITW Company
Magnaflux, a division of Illinois Tool Works (Fortune 250), is a leading worldwide supplier of magnetic particle, dye penetrant inspection equipment and associated chemical products used for applications within the Aerospace, Automotive, Oil & Gas and Energy markets.
With over 85 years in the industry, Magnaflux offers employees a competitive salary and comprehensive benefit package, including medical, dental and life insurance, 401(k) with immediate company match, and much more!