Controller

Company Description

ITW Description:

Founded in 1912, Illinois Tool Works Inc. (NYSE: ITW) is a diversified, Fortune 200 manufacturing company that delivers specialized expertise, innovative thinking, and value-added products to meet critical customer needs in a variety of industries. Ranked among Fortune Magazine’s most admired companies, the company focuses on solid growth, improving profitability and strong returns across its worldwide platforms and divisions. These divisions serve customers and markets around the globe, with a significant presence in developed as well as emerging markets. ITW’s revenues totaled $16.1 billion in 2023.

Division Description:

ITW Electrostatics, a division of Illinois Tool Works (NYSE: ITW), part of the Test, Measurement, and Electronics segment is an industry-leading manufacturer and designer of static control devices for equipment makers and end users. Electrostatics division revenues are ~$250MM per year and it is headquartered in Hatfield, PA USA. The division has operations in the USA, Europe, China, and Asia, including nine manufacturing plants and 500+ employees. Electrostatics division brands include Simco-Ion, Eltex, Pillar Technologies, Teknek, Opto Diode, Vortec, Paxton, and AEGIS).

Company Description:

Opto Diode Corporation based in Camarillo, California, has a long history of delivering industry-leading sensors, photodiodes, detectors, and LEDs. Available in standard and custom designs, Opto Diode products have supported the photonics industry for over 30 years and earned a reputation for high performance, superior quality, and reliability.

Job Description

The Controller will serve as a key business partner to the business unit manager and will help manage the finance, accounting, customer service, and HR (liaison with divisional HR staff) functions of Opto Diode. This role is a key member of the management team. The successful candidate is an excellent business and financial leader, while also being a strong manager and developer of talent.

Key Responsibilities

• Lead accounting and finance processes and practices for the business unit, including:
• Maintain financial statements/records of the business unit
• Develop and enhance internal controls, policies, and procedures and implement best practices.
• Set key financial performance indicators and effectively communicate financial analysis and recommendations to the management team to improve financial performance.
• Develop key financial metric reports for the management team, including ad-hoc reports as needed
• Monthly forecasting of operating income and revenue with the business unit manager and operations
• Coordinate and manage the internal and external audit process.
• Partner with the management team to develop and execute strategies in all areas of the business including the long-range plan (LRP) and annual plan (AP). Creatively approach and automate functions to improve efficiency.
• Protect business assets and manage risk.
• People leadership & talent development: manage accounting specialists, establish a strong working relationship with operations manager & other key division financial colleagues.
• Apply financial and market/industry knowledge and stay abreast of current trends
• Evaluate projects that support additional investment or enhance the current development of assets and resources with the goal of improving the profitability of the organization.
• Act with integrity and candor in all areas of influence.
  

Qualifications

• Ability to exercise independent and sound judgment and solve practical business problems in a prompt manner and often under tight deadlines.
• Excellent leadership skills, high emotional intelligence, and cultural awareness.
• Commercially aware, and able to tell a business story with numbers.
• Strong computer skills in MS Word, Excel, PowerPoint, and Outlook
• Experience with Microsoft Business Central ERP and Power BI is a plus
• Ability to continuously improve accounting function
• Desire to lead, mentor, and manage a team.
• Prior management experience is preferred
  
  

Required: Bachelor’s degree in accounting, MBA and/or CMA/CPA preferred, and a minimum of 5 years of experience in finance. CPA is preferred.

• 5 to 7 years in finance/accounting leadership role across multiple financial functions including AR, AP, GL, cost accounting, financial processes, internal controls, forecasting, and planning.
• Experience in public and multinational companies.
• Experience in finance and accounting in a manufacturing company environment.
  
  

Additional Information

Pay Range: $120,000-$135,000 Plus Bonus

Physical Demands

The physical demands described here are representative of those that must be met by and employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is frequently required to stand; use hands to finger, handle, or feel; and reach with hands and arms. The employee is required to walk; sit; climb or balance; and stoop, kneel, crouch, or crawl; talk or hear. The employee must regularly lift and/or move up to 25 pounds and occasionally lift and/or move up to 50 pounds. Specific vision abilities required by this job include close, color, peripheral, depth perception, and ability to adjust focus.

Work Environment

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is frequently exposed to moving mechanical parts and electrical hazards. The employee is occasionally exposed to fumes, airborne particles, toxic or caustic chemicals. Safety, including proper PPE is priority. The noise level in the work environment is usually moderate.

Our employees enjoy competitive, merit-based salaries plus excellent benefits including:

• Health and dental insurance
• Company Paid Life Insurance / Short and Long Term Disability
• 401K plan with generous company match
• Vacation, personal days and holidays
• Continuing education reimbursement program
• Flexible spending accounts
  
  

ITW Company Overview

ITW was built on innovation and the strength of new ideas. These values have helped us expand into multiple platforms in nearly 60 countries. But at each of our businesses, the independent entrepreneurial spirit and freedom to innovate remain strong. It’s the highly talented people at ITW businesses all over the world who drive our success through new products and customer-driven solutions. Together, we are ITW—a Fortune 200 company that has prospered for 100 years and changed the way people live and work, all over the world.

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.

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.