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Illinois Tool Works Inc

Senior Accountant / Financial Reporting

Illinois Tool Works Inc - Norwood, MA

Senior Accountant / Financial Reporting Instron® is a global organization that designs, manufactures, sells and services materials testing systems. Instron is a clear global leader in materials testing applications and its leadership in the marketplace is continually expanding. You will find that our established strength, commitment to our core values and team focus provides an engaging work environment and offers exceptional opportunities for personal and career development. Summary: As a key member of the Financial Organization, this position is responsible for applying financial practices and theory for the analytical, planning and financial accounting activities for Instron, North America.  Principal Duties & Responsibilities: \t\tResponsible for the Accounts Receivable process, including management of a team of 4 to 5 individuals responsible for collections, cash applications, and credit management.\t \t\t\tResponsible for the completion of the monthly, quarterly, and annual reporting requirements of ITW (FRIDA) for Instron US, as well as other ad-hoc requests. Prepares and/or assists in the preparation of the Annual Tax Packages required for reporting to ITW.\t \t\t\tInsures compliance with generally accepted accounting principles (GAAP). This is to include, but will not be limited to, the monthly allocation process, balancing of certain trial balances, GL account analysis, providing data for commission calculations and respective supporting entries required to the GL.\t \t\t\tProvides business team leaders with financial support.\t \t\t\tPrepares monthly reports of financial results for local management.These reports generally compare actual performance to plan, forecast and/or prior period.\t \t\tSupports in the preparation of annual budgets and short-term forecasts for Instron US.\t \t\t\tCreates, maintains, and oversees the financial reports in the ERP system used in the review and completion of ITW reporting.\t \t\t\tWorks with corporate personnel and internal/external auditors on all issues relative to this position.\t \t \tKnowledge, Skills and Abilities Required:\t \t\tRequires accounting and computer knowledge, normally acquired in four to six years of experience in an accounting office, prior manufacturing experience helpful.Bachelor’s degree in Accounting required.CPA and/or Master’s degree highly preferable.\t \t\t\tMust possess leadership qualities, including being flexible, reliable, a self-starter and an effective communicator and presenter, in order to work effectively with management and co-workers.\t \t\t\tA positive attitude focused on understanding, anticipating and responding to the needs of our customers, both internal and external to the department and company.\t \t\t\tInterpersonal skills needed to deal effectively with suppliers and company personnel in resolving discrepancies and disputes.\t \t\t\tStrong Analytical Skills and detail oriented. Aptitude to work quickly and accurately to process large volumes of work.\t \t\t\tProficient in the use of Microsoft Office, especially Excel, Word and PowerPoint.\t \t\t\tFamiliarity with accounting software and cost/project accounting tools, including consolidating and reporting software.\t \t \tWorking Conditions: \t \t\tNormal office environment with little or no exposure to adverse conditions.\t \t \t\tTake this opportunity to join a successful and enthusiastic team where you can make a significant impact immediately. Enjoy a competitive salary and generous benefits that includes health, dental, life and LTD insurance, 401k (with a great match), and a 100% tuition reimbursement program.\t \tInstron is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.\t\t

8 days 21 hours ago

Illinois Tool Works Inc


Senior Accountant / Financial Reporting Illinois Tool Works Inc - Norwood, MA, United States


Location: Norwood, MA

Company Profile:
ITW businesses serve local customers and markets around the globe, with a significant presence in developed as well as emerging markets. The company has operations in 58 countries that employ approximately 60,000 women and men who adhere to the highest ethical standards. These talented individuals, many of whom have specialized engineering or scientific expertise, contribute to our global leadership in innovation. We are proud of our broad portfolio of over 12,000 active patents.