Accounting Manager

ITW • Eden Prairie, MN • 2w ago

Job Description:

Major Areas of Accountability

Responsibilities include assisting management in the development and implementation of accounting policies and procedures. Accounts payable, Accounts receivable and Sales and Use Tax Compliance. This position is a hands-on position with responsibilities ranging from transactional detail to analyzing results.

Assist with the maintenance and improvement of the internal control environment including general adherence and knowledge of SOX controls and external audit procedures, as applicable. Ensures daily management activities are conducted in compliance with internal and external control requirements.

Utilize the ITW Toolbox and 80/20 philosophy to continuously analyze processes and systems to reduce complexity throughout the business. Lead projects to map processes within the finance and accounting department, simplify wherever possible; embrace and lead the simplification efforts through use of the ITW toolbox.

Coordinate timely and accurate month end close with staff; review reconciliations of balance sheet accounts, review accounts receivable reserve calculations; ensure timely collection of receivables; analyze month end results.

Review, enforce and enhance policies and procedures.

Responsible for the on-going management and development of assigned employees. Hires, manages, and develops a skilled staff and work environment to meet objectives.

Various other duties as assigned.

Minimum Qualifications

Education: B.A. degree in Accounting

8+ years of increasingly complex public and/or private experience in accounting.

Preferred Qualifications

Education: CPA or MBA

Background in cost accounting

Major ERP experience (i.e., SAP) and experience with Concur

Experience with current information technology in financial applications, both enterprise and PC based.

Effective time management and detail oriented. Strong interpersonal and communication skills, including the ability to speak and coordinate with individuals across multiple functions within the MTS business segments.

Physical Demands (U.S. only)

The physical demands described here are representative of those that must be met by an 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 regularly required to sit; use hands to finger, handle, or feel; reach with hands and arms; and talk or hear. The employee is occasionally required to stand; walk; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception, and ability to adjust focus.

Compensation Information:

The compensation for this position ranges from $108,000-$133,000 based on relevant education and experience.

ITW

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