Business Unit Controller

Company: Illinois Tool Works
Location: Washington
Posted on: May 26, 2023

Job Description:

Founded in 1912, Illinois Tool Works Inc. (NYSE: ITW) is a diversified, Fortune 200 manufacturing company that delivers specialized expertise, innovative thinking, and value-added products to meet critical customer needs in a variety of industries. Ranked among Fortune's Magazine's most admired companies, the company focuses on solid growth, improving profitability and strong returns across its worldwide platforms and divisions. These divisions serve customers and markets around the globe, with a significant presence in developed as well as emerging markets. ITW's revenues totaled $12.6 billion in 2020.ITW Medical is comprised of two highly-respected medical product brands - Coeur & Filtertek - supplying medical devices, components, and service to global medical device brands. Filtertek manufactures molded filtration and flow control components. Coeur is a leading provider of disposable diagnostic imaging consumables.Position Summary:The Business Unit Controller will be the finance leader of our Washington, NC facility and serve as a key business partner to the cross-functional facility leadership teams. The role will report to the Business Unit Manager and be based in our Washington, NC location.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 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 senior 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 procedures

Keywords: Illinois Tool Works, Greenville , Business Unit Controller, Accounting, Auditing , Washington, North Carolina