Accountant

Job Description:

Accountant

Position Summary

The Accountant is responsible for supporting financial close, reporting, analysis, accounts receivable, and collections activities while ensuring compliance with company policies, procedures, internal controls, and ITW principles. As a key member of the accounting team, this role contributes to the timely and accurate reporting of financial results, supports operational decision-making through financial analysis, and partners with cross-functional stakeholders to drive business performance and continuous improvement.

The ideal candidate is detail-oriented, analytical, collaborative, and eager to develop a strong understanding of both the financial and operational aspects of the business.

Essential Duties and Responsibilities

Financial Close, Reporting, and Analysis

• Support monthly, quarterly, and year-end financial closing processes.
• Prepare and reconcile general ledger accounts and assist with account analysis.
• Prepare journal entries, including accruals, payroll-related entries, and other period-end adjustments.
• Support corporate reporting requirements and ensure accurate and timely submission of financial information.
• Assist in the preparation of financial statements and management reports.
• Participate in budgeting, forecasting, and ad hoc financial analysis activities.
• Analyze financial and operational data to identify trends, opportunities, and process improvements.
• Develop and maintain reporting tools that support business decision-making.
• Leverage available technologies and reporting tools to improve data accuracy and efficiency.
• Identify opportunities to simplify workflows, strengthen controls, and enhance reporting processes.

Accounts Receivable and Collections

• Prepare and submit customer invoices, including processing through customer-specific portals.
• Verify pricing accuracy and provide customer account statements as needed.
• Process customer payments and accurately apply receipts to customer accounts.
• Monitor accounts receivable aging and proactively follow up on past-due balances.
• Partner with customers to resolve billing discrepancies and payment application issues.
• Support collection efforts to maintain healthy cash flow and minimize outstanding receivables.

Inventory, Fixed Assets, and Operational Support

• Support inventory management processes by maintaining cost files and monitoring inventory controls.
• Participate in physical inventory counts and inventory review meetings.
• Monitor inventory metrics and provide reporting and analysis as needed.
• Assist with capital expenditure requests and related financial analysis.
• Maintain fixed asset records and support asset management processes.
• Ensure compliance with established accounting policies, internal controls, and business procedures.

Cross-Functional Collaboration and Continuous Improvement

• Collaborate with cross-functional teams to gather information, resolve issues, and support business objectives.
• Provide financial insight and analysis to support operational decision-making.
• Participate in continuous improvement initiatives that enhance financial reporting, controls, and business processes.
• Identify opportunities to reduce complexity, improve efficiencies, and strengthen business performance.
• Support special projects and strategic initiatives as assigned.

Qualifications

• Bachelor's degree in Accounting, Finance, or a related field.
• Minimum of 1-2 years of broad accounting experience required; 3-5 years preferred.
• Accounts Receivable and Collections experience highly preferred.
• Experience with financial reporting systems and ERP platforms required.
• Experience with Microsoft Dynamics 365 Business Central preferred.
• Advanced Microsoft Excel skills required.
• Experience with Power Query and Power BI preferred.
• Ability to analyze financial information and communicate findings effectively.
• Manufacturing accounting experience preferred.

 Competencies

• Strong attention to detail with the ability to maintain accuracy in financial reporting, reconciliations, and transactional processing.
• Demonstrated analytical and critical-thinking skills with the ability to interpret financial data, identify trends, and provide actionable business insights.
• Self-motivated with the initiative to work independently, prioritize competing demands, and consistently meet deadlines.
• Growth-oriented mindset with a commitment to continuous learning, professional development, and ongoing improvement.
• Strong business acumen with the ability to connect financial results to operational performance and business objectives.
• Effective problem-solving skills with the ability to identify root causes, develop solutions, and drive process improvements.
• Adaptable and capable of responding effectively to changing priorities, business needs, and deadlines.
• Strong organizational and time-management skills with the ability to manage multiple projects simultaneously.
• Excellent interpersonal and communication skills with the ability to build relationships, collaborate across functions, and effectively communicate with customers and stakeholders at all levels.
• Customer-focused approach with the ability to professionally resolve issues and maintain positive business relationships.
• Proficiency in analyzing and explaining both macro and micro financial trends, identifying risks, opportunities, and inconsistencies within data.
• Demonstrated accountability, professionalism, integrity, and ownership for achieving results.
• Continuous improvement mindset focused on simplifying processes, reducing complexity, strengthening controls, and improving efficiency.
• Ability to influence and work effectively within cross-functional teams to support organizational goals and initiatives.
• Demonstrated leadership potential through initiative, ownership, collaboration, and a willingness to assume increasing levels of responsibility.

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.