Division Controller Job at Illinois Tool Works, Glenview, IL

  • Illinois Tool Works
  • Glenview, IL

Job Description

Job Description:ITW (Illinois Tool Works Inc.) is a Fortune 300 company and is one of the world’s leading diversified manufacturers of specialized industrial equipment, automotive components, consumables, and related service businesses.ITW Power Nailing, a division within the Construction Products segment, is a global provider of premium nailing and fastening solutions. Our products are engineered to improve contractor productivity and elevate building quality across both new residential construction and remodeling projects. With trusted, category-defining brands like Paslode, we set the standard in wood-to-wood fastening systems—delivering performance, reliability, and productivity that professionals count on.ITW offers you a path for advancement, a competitive salary, and a comprehensive benefits package designed to help employees care for themselves, their families, and their futures. Our Glenview office has a free onsite fitness center, active employee resource groups, corporate discounts, and much more. We are just one block away from the Golf Metra station and quick train ride to downtown Chicago.Purpose of the RoleAs a pivotal member of the ITW Power Nailing leadership team, the Division Controller will serve as a strategic finance leader for a global business with trusted brands. You will lead financial planning, analysis, and governance to support above-market organic growth and operational excellence. You shape business strategy, leveraging ITW’s business model to simplify processes, enhance decision-making, and foster a high-performing finance team through talent development and cross-functional collaboration.Key ResponsibilitiesPartner with the VP/GM and Division Leadership Team to develop and execute annual and long-term business plans that support the division’s strategy.Leverage in-depth financial analysis to evaluate potential capital investments, acquisitions, organic growth projects, restructuring initiatives, and other significant business opportunities.Lead the long-range planning process and provide financial insight to identify growth opportunities, evaluate investments, and support profitable organic growth.Improve reporting tools and financial insights to help commercial leaders make faster decisions, strengthen sales execution, and capture revenue opportunities.Partner with sister divisions to optimize intercompany financial results and shared processes, fostering a collaborative, win-win mindset.Partner with the Operations Director and leaders across operating locations to improve productivity, reduce costs, and evaluate savings initiatives through financial analysis.Oversee day-to-day financial operations, including accounts payable, credit and collections, inventory and cost accounting and payroll.Lead initiatives to ensure the division meets or exceeds Annual Plan targets for Revenue, Operating Income, Inventory, and Accounts Receivable.Support ERP implementation by aligning business processes and providing functional expertise.Maintain strong accounting practices and internal controls across all division locations, ensuring accurate reporting, compliance, and consistent financial processes.Prepare monthly financial statements with detailed analysis, including variance explanations for actuals compared to plan, forecast, and prior year.Lead planning and forecasting, delivering accurate monthly forecasts and clear performance targets that help leaders anticipate risks, evaluate results, and take timely action.Monitor and support continuous improvement to achieve above-average financial audit results and compliance.Build and develop a strong finance team by assessing capabilities, coaching employees, creating development opportunities, and strengthening the pipeline for future finance leadership roles.Required QualificationsBachelor’s degree in accounting or finance required.8+ years of progressive finance experience, including financial reporting and analysis, cost reduction, inventory control, and operational accounting in manufacturing and commercial environments.3+ years in a financial leadership role with direct people management responsibility.Demonstrated success partnering with senior leaders, translating financial analysis into clear recommendations, and influencing decisions that improve business results.Experience leading financial planning, reporting, accounting, controls, and performance management in a complex business environment.Advanced Excel skills and experience using financial reporting software.Strong written and verbal communication skills, with the ability to simplify complex information and adapt to various audiences.Growth mindset with experience driving change while maintaining stakeholder alignment.Ability to travel as needed, primarily local and occasional overnight travel, approximately 10%.Preferred QualificationsMBA or master’s degreeExperience leading or playing a significant finance role in an ERP implementation and working with business intelligence tools.Demonstrated success in process simplification and accelerated decision-making.Knowledge of the construction industry.Compensation Information:We believe our people are our greatest asset. That’s why we invest in creating an environment where you can thrive—both personally and professionally. For more details, visit our Benefits page: The annual base salary range for this position is $170,000 to $200,000. The role is also eligible for a bonus up to 25%. Actual compensation will reflect the position’s scope and responsibilities, as well as the candidate’s experience, education, training, skills, and relevant market and business considerations.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. Job SummaryJob number: JR10665Profession: Finance & Accounting

Job Tags

For contractors, Work at office, Local area, Night shift

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