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Division Controller

Company: Illinois Tool Works
Location: San Luis Obispo
Posted on: June 8, 2021

Job Description:

Company Description

Global Tire Repair, a division of Illinois Tool Works (ITW), a $14B multi-industrial manufacturing company, is a leading manufacturer, distributor, and marketer of tire repair solutions to global retailers and automotive OEMs. Core brands include: Fix-A-Flat, Slime, Genuine Innovations, and Terra-S.

Job Description

As a key member of the Global Tire Repair leadership team, the Division Controller will partner with the Vice President and General Manager (VP/GM) to successfully lead and profitably grow the division.

Our Division Controller acts a business partner and facilitator amongst the dynamic functional backdrop of this division. The Controller's scope and influence extends beyond the accounting practice and helps drive our division's core growth deliverables by helping guide and consult on the financial and forecasting implications of all business decisions related to product, customer, promotion, and people. Ability to cultivate and maintain trusting partnerships with core commercial and operational functional leaders across the division and platform is a must. The Division Controller key responsibilities include financial reporting and analysis, maintenance of internal accounting controls, compliance with financial policies and procedures, oversight of operational accounting processes.

Core Responsibilities:

  • Partners with the leadership team to develop and execute annual and long-range plans based on in-depth understanding of financial analysis of potential capital investments, acquisition opportunities, restructuring projects and other critical ad-hoc opportunities
  • Oversees day-to-day financial operations/processes including, but not limited to Accounts Payable, Credit/Collections, and Inventory/Cost Accounting
  • Prepares monthly financial statements and the financial analysis of results as well as provides variance explanations for actuals compared to plan, forecast and prior year
  • Manages the financial planning and forecasting processes
  • Delivers accurate and timely monthly financial forecasts
  • Provides measurable and accurate financial targets to evaluate the performance of the business
  • Works with the VP/GM and functional leaders to develop the annual operating plan
  • Build cross-department credibility, confidence, and collaboration with other functional areas.
  • Leads, drives, and implements changes to simplify processes and eliminate complexity within the business that will enhance financial performance in alignment with the ITW business model
  • Identifies, leads, and develops talent to maximize individual, team and organizational effectiveness in exceeding division and functional goals
  • Develop and lead a proficient diverse Finance team by implementing an organizational structure focused on profitable growth, improving customer satisfaction and simplifying business processes.
  • Act with Integrity and candor in all areas of influence.
  • Other related duties as assigned

Qualifications

  • Bachelor degree in Accounting required; Master degree preferred
  • Minimum of 8 years of demonstrated experience in financial reporting and analysis, cost reduction, inventory costing and control, operational accounting and financial statement management
  • Minimum of 3 years of experience in a financial management role with direct people leadership responsibility
  • Demonstrated experience leading and working within successful cross-functional project teams
  • Experience working in a manufacturing business as a plant controller preferred
  • Excellent knowledge of MS Excel and business intelligence software tools
  • Travel to customer and company sites is required

Additional Information

ITW Global Tire Repair 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.

Keywords: Illinois Tool Works, San Luis Obispo , Division Controller, Other , San Luis Obispo, California

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