Job Description:

General Description:

ITW is seeking a detail-oriented and proactive Staff Accountant to join our Corporate Accounting team. This role is critical in supporting the company’s financial operations, with a strong emphasis on cash management, intercompany accounting and billing, travel & expense (T&E) oversight, and commercial paper debt tracking. The ideal candidate will also serve as a financial partner to various departments, providing insight and support to ensure accurate financial reporting and operational efficiency.

Primary responsibilities include:

• Perform daily and monthly cash reconciliations across multiple bank accounts, generating journal entries throughout period.
• Manage intercompany transactions, ensuring timely and accurate billing and reconciliation.
• Prepare and post intercompany journal entries and resolve discrepancies between entities.
• Monitor and reconcile commercial paper debt activity, senior notes, intercompany debt including interest accruals and payments.
• Manage the monthly T&E accrual process and reporting.
• Act as a financial liaison to various departments, providing guidance on budget tracking, expense coding, and financial reporting.
• Assist in the month-end close process, including journal entries, account reconciliations, and variance analysis.
• Serve as back-up for accounts payable associate.
• Prepare supporting schedules for internal and external reporting.
• Ensure compliance with GAAP and internal controls.

Job Requirements:

• A bachelor’s degree in Accounting is required.
• Minimum 2-3 years of experience in accounting roles, with a preference for corporate accounting.
• Attention to detail, with high standards for accuracy
• Ability to be in the office 5 days a week at the corporate campus with flexibility on hours worked
• Intermediate level of proficiency in utilizing Excel, including advanced formulas, pivot tables, and basic macros
• Demonstrated proficiency with Microsoft Dynamics GP and Oracle HFM a plus; familiarity with cloud-based ERP systems is highly desirable
• Effective time management skills to manage multiple priorities and deadlines simultaneously
• Strong verbal and written communication skills and the ability to work in a diverse and multicultural environment are essential
• Strong analytical skills and business/financial acumen
• Must be able to work independently with minimal supervision. Must be able to research and follow-up timely and independently on pending items

Compensation Information:

The compensation package for the role offers a competitive base salary ranging from $82k - $90k annually.

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.