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Accounting Manager - Commercial Solutions Division

Company: ITW
Location: Appleton
Posted on: January 8, 2022

Job Description:

Company Description

Miller - is about building things that matter. We lead the welding industry in building advanced, solution-focused products and meeting crucial needs for welding safety and health.

We're about the partnership and the work. Our products are designed with our users for manufacturing, fabrication, construction, aviation, motorsports, education, agriculture and marine applications.

Miller Electric Mfg. LLC, is headquartered in Appleton, Wisconsin, and wholly owned by Illinois Tool Works (NYSE: ITW). The company maintains its industry leadership by setting the standard for reliability, quality and responsiveness. Our tagline, "The Power of Blue -," is inspired by the blue color of Miller equipment.

The company began with an innovation that responded to customer needs, growing from a one-man operation in 1929, to the world's largest manufacturer of arc welding products. Miller keeps the tradition alive by focusing on its top priority: people.

Job Description

Commercial Solutions Division is part of ITW's North America Welding Commercial Platform with two manufacturing locations within Appleton and annual revenue exceeding $280M. The division has two business segments led by Business Unit Directors responsible for managing two strong product brands - Miller & Hobart. This position will provide direct financial support for the Business Unit Director and manage the related Segmented P&L. In addition, this role will have shared responsibility for managing the overall accounting functions and financial reporting for the Division. This position will partner with the Division Controller in various financial projects including Annual & Long-Range Plan, analyzing commercial strategies, and data analysis of key business metrics that drive management decisions. This position is based in Appleton, WI

Essential Functions

This position is a key function within the Accounting team. The Accounting Manager will work with the Division Controller to ensure accuracy of financial records and integrity of data shared with management, supervise top 13 internal controls and compliance to ITW's policies and procedures and applicable laws.
Manage the monthly, quarterly, and year-end financial closing process effectively and efficiently
Analytical, inquisitive, and crisp in explaining the story behind the numbers and a strong ability to understand macro and micro trends and quickly discern inaccuracies
Build a talent pipeline by motivating and inspiring direct reports to excel
Apply 80/20 thinking and sound judgement to reduce complexity and work with team to simplify processes
Actively participate in establishing and maintaining inventory controls and tracking
Prepare accurate management reporting and works with team to understand and communicate the results
Manage and review all journal adjustments including sales, margin and overhead variance analysis by segments
Maintain the standard cost files in accordance with ITW policies/procedures. Coordinate the annual standard costing roll up and price increase processes
Keeps the leadership team informed of important developments, potential problems and related information necessary for effective management
Leverages available tools and new technologies to compile relevant useful information to support process improvements and operational decisions
Partner with the Division Controller in planning, assigning, and directing work in the department including projects in sourcing savings, working capital management and employee involvement
Presents an objective opinion as input for business decisions based on facts, data and analysis
Helps other employees understand how their choices and decisions will impact the financials and identifies, communicates, and trains others on key business drivers
Performs related work as apparent or assigned

Bachelor's Degree in Accounting or related field plus a minimum of five years of broad accounting experience. CPA or equivalent designation is preferred.
Detail oriented with strong problem solving and organizational skills
Demonstrated ability to communicate (verbal/written) effectively with customers, suppliers and all employees as well as an ability to develop positive and productive peer relationships
Experienced in the implementation and application of ITW toolbox tools, including the Front to Back Process; preferred
Must have a sharp sense of top priorities for the business, high motivation, personal accountability, coaching skills and effective listening skills.
Quickly learn and understand multiple jobs functions
Ability to resolve issues/conflicts in timely manner
Aggressive self-starter with the ability to work independently on projects with little direction
ERP and Financial Reporting software experience required, Microsoft D365 expertise preferred
Advanced MS Excel skill, Level 3 preferred and excellent knowledge of MS Word
Minimal travel as needed

Additional Information

All your information will be kept confidential according to EEO guidelines.

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.

Keywords: ITW, Appleton , Accounting Manager - Commercial Solutions Division, Executive , Appleton, Wisconsin

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