Accounting/ FP&A Manager

ITW 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 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 $16.1 billion in 2023.

Division Description

ITW Electrostatics, a division of Illinois Tool Works (NYSE: ITW), part of Test, Measurement and Electronics segment is industry leading manufacturer and designer of static control devices for equipment makers and end users. Electrostatics division revenues are ~$250MM per year and it is headquartered in Hatfield, PA USA. Division has operations in USA, Europe, China, and Asia, including nine manufacturing plants and 500+ employees. Electrostatics division brands include: SimcoION, Eltex, Pillar Technologies, Teknek, Opto Diode, Vortec, Paxton, AEGIS).

Company Description

Simco-Ion has been in the static control business since 1936, and their longevity speaks to their success at improving safety, increasing efficiency, and lowering overall cost for customers. At the forefront of the static control industry for over 80 years, today Simco-Ion is a global enterprise with vast intellectual property and resources. When working at Simco-Ion, you will be empowered in an environment that encourages open communication and big ideas, competitive pay for your performance, comprehensive benefits, and opportunities to make an impact.

ITW, a Fortune 200 company, is one of the world’s leading diversified manufacturers of specialized industrial equipment, consumables, and related service businesses. The company has prospered for over 100 years, changing the way people live and work all over the world. Each of ITW’s businesses has an independent entrepreneurial spirit and freedom to innovate. It is the highly talented people at ITW who drive success through new products and customer driven solutions.

To learn more about the Simco-Ion and what we do, please visit our website at: https://www.simco-ion.com/industrial and our corporate website at: https://itw.com/

Simco Ion, an ITW company, is looking to add an Accounting/ FP&A Manager to join our team of professionals. As the Accounting/FP&A Manager, your responsibilities will be to supervise and monitor the day-to-day accounting tasks and activities and will deliver timely and accurate financial statements. The Accounting/ FP&A Manager’s responsibilities include establishing financial status by developing and implementing systems for collecting, analyzing, verifying, and reporting information. The Accounting/ FP&A Manager will also be responsible for supporting our Technology Business Unit with all FP&A activities and reporting requirements to meet our monthly, quarterly, and annual requirements. The Accounting/FP&A Manager will be accountable for driving team performance, and supporting the growth of our individual contributors and will report to the Controller.

Daily Responsibilities:

Manage and oversee the daily operations of the accounting department including:

* Manage monthly, quarterly, and end-year process

* Accounts payable/receivable

* Cash receipts

* General ledger

* Payroll and utilities

* Forecasting and budgeting

* Revenue and expenditure variance analysis

* Capital assets reconciliations

* Check runs and daily cash activities

* Fixed asset activity and reconciliations

* Prepare, review, and analyze financial statements to ensure accuracy and completeness

* Establish and enforce proper accounting methods, policies, and principles

* Coordinate and complete audits

* Assess current practices and procedures, and make recommendations for improvements

* Improve systems and procedures and initiate corrective actions

* Assign projects and direct staff to ensure compliance and accuracy

* Meet financial accounting objectives

* Establish and maintain fiscal files and records to document transactions

* Perform ad hoc analysis and projects as requested