Senior Accountant
Company: IDS
Location: Carol Stream
Posted on: May 22, 2023
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Job Description:
Company DescriptionITW (NYSE:ITW) is a Fortune 200 global
multi-industrial manufacturing leader with revenue totaling $14.8
billion in 2018. 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 has nearly
50,000 dedicated colleagues in operations around the world who
thrive in the company's unique decentralized and entrepreneurial
culture.IDS, a division of ITW, is a global market leader in the
design and manufacturing of pad printing, hot stamp, heat seal, and
tax stamp technology for product decoration. Our brands provide
equipment together with all required supplies and services to serve
as a true single source solution for product decoration and
sealing. Our division consists of four global brands with a shared
mission - to be your trusted partner for product decoration.Job
DescriptionPOSITION SUMMARY:As a key member of the finance team,
the Senior Accountant reports to the NA Regional Controller and is
responsible for recording the accounting entries in the General
Ledger (G/L), driving the timely preparation of financial
statements, reviewing and monitoring internal controls, preparation
and analysis of departmental spend through the budget process,
reporting and communicating financial results to appropriate levels
within the organization, and identify and implement opportunities
to simplify processes and procedures. The Senior Accountant
supports the NA Regional Controller as well as the broader
leadership team to achieve Division goals and
objectives.RESPONSIBILITIESFinancial Planning & ReportingRecording
accounting entries in the G/L (banks, purchases, sales, accruals
)Direct preparation of financial statements, business reports,
annual budgets and/or reports required by corporate and/or
regulatory agenciesEnsure an accurate and timely monthly, quarterly
and year-end closeEffectively communicate and coordinate the
exchange of financial information to key stakeholdersAdditional
planning & reporting requests as requiredFinancial Records &
Internal ControlsManage compliance to accounting policies and
procedures to ensure accurate and timely financial
statementsUnderstand and apply ITW financial policies consistently
and effectivelyEnsure that complete and accurate financial records
and strong internal controls are in place and being
followedDocument and monitor internal controls. Ensures that
transactions are recorded in an efficient and timely
mannerCoordinate internal and external audits as well as other
corporate requestsFinancial Analysis / Continuous
ImprovementAnalyze the financial details of past, present and
expected operations to identify development opportunities and areas
where improvement is neededPerform analytical reviews of data and
explain variances against plan, outlook and prior yearMonitor and
analyze department work to develop more efficient procedures and
use of resources while maintaining a high level of accuracyApply
the ITW Principles (80/20, Product Line Simplification,
Segmentation, In-lining, and Market Rate of Demand) to eliminate
complexity and improve profitability of the companyAdditional
analysis requests as requiredTeam Management & DevelopmentHelps
people in the business understand how their decisions impact
resultsCoach through feedback, development planning and performance
managementProvide training to new and existing staff and support
them in their career goalsUse effective change management skills to
effectively to plan, implement and evaluate changeServe as a role
model to other team members, develop and motivates peersDrive to
grow and succeedQualificationsEducation: Bachelor's degree in
Accounting or Finance required, CPA preferred.Experience/Skills:---
4+ years of accounting experience including general and cost
accounting, preferably in a manufacturing environment--- Strong
understanding and application of accounting principles/practices---
Ability to demonstrate a strong analytical and inquisitive
mindset--- Must be able to multi-task, work under pressure and meet
deadlines as required--- Experience with P&L and Balance Sheet
reporting--- Working knowledge of ERP systems and advanced
Microsoft Office software skills--- Strong presentation and
communication skillsAdditional InformationPhysical/Visual
Activities or Demands: Physical/visual activities or demands that
are commonly associated with the performance of the functions of
this job.1. While performing the duties of this job, the employee
may be required to twist/turn, stand, walk, and grasp, and may be
required to bend/squat, crawl, handle and manipulate small items.
They may be required to climb, reach above shoulder, reach outward,
sit, and type.2. The employee must carry up to 10 pounds
constantly, up to 50 pounds frequently, and use safe lifting
methods to move100 pounds occasionally. The employee must push and
pull up to 10 pounds constantly, up to 20 pounds frequently, and up
to 100 pounds occasionally.3. Specific vision abilities required by
this job include concentrated attention, close vision, far vision,
depth perception, color vision, and the ability to bring object
into sharp focus.4. Manual dexterity; arm-hand steadiness; ability
to quickly make precise adjustments in moving the controls of a
machine; finger dexterity; multi-limb coordination; flexibility;
quick reaction time.Mental Requirements:Deductive reasoning;
visualization - ability to imagine how something will look; ability
to concentrate and not be distracted; mathematical reasoning;
inductive reasoning - combine pieces of information to form a
general rule or conclusion; oral comprehension; written
comprehension; oral expression; written expression; and the ability
to speak clearly.Working Conditions: Working conditions commonly
associated with the performance of the functions of this job.1.
Plant Conditions ( 90%)2. Travel ( Machines, Tools, Equipment and
Work Aids that may be representative but not all inclusive of those
commonly associated with this position:Computer, Microsoft Office
Suite, calculator, telephone, scanners,
printers.License(s)/Certification(s) Required: NoneThis job
description in no way states or implies that these are the only
duties to be performed by the employee occupying this position.
Employees may be required to follow other job-related instructions
and to perform other job-related duties as requested, subject to
all applicable state and federal laws.Certain job functions
described herein may be subject to possible modification in
accordance with applicable state and federal laws."Commonly
associated" is not intended to mean always or only. There are
different experiences that suggest other ways or circumstances
where reasonable changes or accommodations are appropriate.All
activities, demands, conditions and requirements are linked to
essential job functions.As an Equal Opportunity/Affirmative Action
Employer, ITW Marking & Coding does not discriminate in hiring or
in the terms and conditions of employment because of an
individual's race, color, religion, gender, national origin, age,
disability, sexual orientation, marital status, veteran status,
arrest record, citizenship or other categories protected by
federal, state or local laws. EOE/M/F/Vet/DisabilityITW 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: IDS, Carol Stream , Senior Accountant, Accounting, Auditing , Carol Stream, Illinois
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