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