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Senior Manager, External Reporting

Illinois Tool WorksGlenview, IL

$180,000 - $195,000 / year

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Overview

Schedule
Full-time
Education
CPA
Career level
Director
Remote
On-site
Compensation
$180,000-$195,000/year
Benefits
Health Insurance
Dental Insurance
Vision Insurance

Job Description

Job Description:

ITW (NYSE: ITW) is a Fortune 300 global multi-industry manufacturing leader with revenue of $16 billion in 2025. The company's seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW's approximately 43,000 dedicated colleagues around the world thrive in the company's decentralized and entrepreneurial culture. www.itw.com

More details on our benefits can be found on our website at https://www.itw.com/careers/benefits-compensation/

ITW is seeking a Sr. Manager, External Reporting, to oversee the Company's Technical Accounting, Financial Policies & Procedures and manage the preparation of the Company's financial filings with the SEC. This position will report directly to the Director, External Reporting and provide meaningful exposure to executive management and to key finance and operations leaders across ITW's worldwide operations. The role requires a strong working knowledge of U.S. GAAP and SEC reporting requirements, excellent communication skills, and the ability to collaborate effectively across disciplines and business units. This position is also viewed as a key developmental role, offering opportunities to strengthen leadership capabilities and progress into larger finance leadership roles over time.

Primary responsibilities include:

  • Monitor accounting literature for new reporting requirements that may potentially impact the Company and lead the implementation of new accounting standards

  • Prepare quarterly accounting and regulatory update presentations for senior management and the Company's Audit Committee

  • Work closely with Investor Relations and various financial reporting teams in the preparation and review of the Company's external financial communications (SEC filings and disclosures, annual report, earnings releases, communications with the investment community, etc.)

  • Consult with operating and finance personnel at corporate and within ITW's diversified group of businesses related to accounting questions and the implementation of financial policies and procedures

  • Work closely with key stakeholders in the development, revision and maintenance of the Company's Financial Policies & Procedures

  • Act as a liaison with internal and external auditors on matters involving technical accounting, internal controls, financial policies and SEC reporting

  • Oversee various key accounting and reporting areas such as annual impairment testing, lease accounting and preparation of the consolidated statement of cash flows

  • Directly manage activities and staff in the execution of department responsibilities

  • Participate in and/or lead various Corporate Finance & Accounting projects to improve the overall efficiency, timeliness and accuracy of financial close processes.

  • Focus on Corporate Finance & Accounting talent management efforts through attraction, development and retention of key talent across the department

Job Requirements:

  • Bachelor's or Master's degree specifically in Accounting from an accredited college or university is required

  • CPA is required

  • 11+ years of experience, including recent experience with a Big 4 public accounting firm, is required.

  • Experience directly managing and developing others is required

  • Ability to work 5 days a week in the office at the Glenview, IL campus, with flexibility in hours, is required.

  • Extensive knowledge of U.S. GAAP and SEC reporting requirements

  • Strong written and verbal communication skills

  • Capable of leading large, complex projects

  • Able to perform in a fast-paced environment

Compensation Information:

The compensation package for the role offers a competitive base salary ranging from $180k- $195k annually. This role is also eligible for an annual bonus.

ITW considers various factors when extending an offer, including but not limited to the scope and responsibilities of the position, the candidate's work experience, education and training, geographic location, key skills, as well as market and business considerations.

In addition to a competitive salary, ITW employees in the U.S. are eligible for a comprehensive benefits package. This package includes medical, dental, vision, disability and life insurance programs. We also provide a 401k plan with both a company match and additional employer contribution, Flexible Spending Accounts, Health Savings Accounts, Employee Assistance Program, Commuter benefits, Adoption Assistance, and Educational Assistance; Parental Leave, vacation, sick time, and 11 Paid Holidays.

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.

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FAQs About Senior Manager, External Reporting Jobs at Illinois Tool Works

What is the work location for this position at Illinois Tool Works?
This job at Illinois Tool Works is located in Glenview, IL, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at Illinois Tool Works?
Candidates can expect a pay range of $180,000 and $195,000 per year.
What employment applies to this position at Illinois Tool Works?
Illinois Tool Works lists this role as a Full-time position.
What experience level is required for this role at Illinois Tool Works?
Illinois Tool Works is looking for a candidate with "Director" experience level.
What education level is required for this job?
The education requirement for this position is CPA. Candidates with relevant qualifications or equivalent experience may also be considered.
What benefits are offered by Illinois Tool Works for this role?
Illinois Tool Works offers following benefits: Health Insurance, Dental Insurance, Vision Insurance, Disability Insurance, Life Insurance, Paid Holidays, Paid Vacation, Paid Sick Leave, Parental and Family Leave, 401k Matching/Retirement Savings, Tuition/Education Assistance, and Health & Wellness Programs for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at Illinois Tool Works?
You can apply for this role at Illinois Tool Works either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.