Job Description:

Company Description
ITW (Illinois Tool Works Inc.) is a Fortune 200 company and is one of the world’s leading diversified manufacturers of specialized industrial equipment, automotive components, consumables, and related service businesses. ITW businesses serve local customers and markets around the globe, with operations in 55 countries and an employee base of more than 41,000 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 more than 20,000 granted and pending patents.

ITW Mechanical Fastening offers a broad range of professional grade fasteners for numerous construction applications. Our products include structural wood fasteners (GRK Fasteners™), concrete anchoring systems (Tapcon® and Red Head®), underlayment screws (Backer-On Rock-On ®), self-drilling screws (Teks®) and drywall anchoring systems (E-Z Ancor®). ITW Mechanical Fastening excels in meeting the growing demands from Pro end-users for high-quality home improvement and construction fastening products. Our products are trusted by industry professionals and each brand is the market leader in its respective category in terms of quality, performance and ease of use.

ITW offers its employees a path for advancement, a competitive salary, and a comprehensive benefits package designed to help employees care for themselves, their families, and their futures.

Position Summary

As a pivotal member of the Mechanical Fastening leadership team, the Division Controller will partner with the Vice President/General Manager and Divisional Leadership Te     am to drive aggressive market growth while sustaining profitability. This role leads financial planning, analysis, and governance to support above-market organic growth and operational excellence. The Division Controller will leverage ITW’s 80/20 business model to simplify processes, enhance decision-making, and foster a high-performing finance team through talent development and cross-functional collaboration.

Key Responsibilities

Collaborate with the VP/GM and Divisional Leadership Team to develop and execute annual and long-range plans aligned with the division’s Strategic Intent.Leverage in-depth financial analysis to evaluate potential capital investments, acquisition opportunities, 80 growth projects, restructuring initiatives, and other critical opportunities.Lead the Long-Range Plan (LRP) process, providing financial planning and analysis to support above-market organic growth.Drive continuous improvement in reporting tools to enhance Strategic Sales Excellence and revenue realization.Partner with sister divisions to optimize intercompany financial results and shared processes, fostering a collaborative, win-win mindset.Partner with the Operations Director and operational locations to drive operational excellence through financial analysis and support for Enterprise Initiatives (e.g., Strategic Savings and FTB savings projects).Oversee day-to-day financial and IT operations/processes, including Accounts Payable, Credit/Collections, Inventory/Cost Accounting, Payroll, and IT systems/support.Lead 80/20 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.Establish and maintain a robust governance framework to ensure accounting excellence and internal financial controls across all locations.Prepare monthly financial statements with detailed analysis, including variance explanations for actuals compared to plan, forecast, and prior year.Manage the financial planning and forecasting processes, delivering accurate and timely monthly financial forecasts and measurable targets to evaluate business performance.Monitor and support continuous improvement to achieve above-average financial audit results and compliance.Identify, lead, and develop talent by building a deep understanding of the Finance team’s capabilities and creating a strong talent pipeline.Coach and mentor the Finance team to strengthen cross-functional business partnerships with key stakeholders.Perform other related duties as assigned.

Qualifications

Bachelor’s degree in Accounting or Finance required; Master’s degree preferred.8+ years of experience in financial reporting, analysis, cost reduction, inventory control, and operational accounting, with a focus on manufacturing and commercial environments.3+ years in a financial leadership role with direct people management responsibility.Proven track record as an influential financial business partner to senior leadership, delivering actionable insights and driving results.Broad expertise in ITW’s 80/20 business model, with demonstrated success in process simplification and accelerated decision-making.Experience in financial controlling roles; construction industry experience is a plus.Demonstrated ability to lead ERP implementations and work with business intelligence tools.Excellent knowledge of MS Excel and 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 out of town, approximately 10%.

Work Environment: The work environment is primarily an office setting but includes occasional exposure to manufacturing environments with fumes, airborne particles, climate variances, and moving mechanical equipment. The noise level in the office is low but higher in manufacturing areas, where personal protective equipment is required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Physical Demands: The role requires frequent sitting, standing, talking, hearing, and reaching with hands and arms, with regular walking. Specific vision abilities include close vision and the ability to adjust focus. The position requires approximately 10% travel.

Compensation Transparency

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.

In addition, our benefits include paid vacation, sick, holiday, and parental leave.

Annual base salary range for this position is $175,000 - $200,000. This position is also bonus eligible, with a range of 20-25%. Please note that this salary information serves as a general guideline. Company considers various factors when extending an offer, including but not limited to the scope and responsibilities of the position, the candidate's work experience, education and training, key skills, as well as market and business considerations.

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.

In addition, our benefits include paid vacation, sick, holiday, and parental leave.

Annual base salary range for this position is $175,000 - $200,000. This position is also bonus eligible, with a range of 20-25%. Please note that this salary information serves as a general guideline. Company considers various factors when extending an offer, including but not limited to the scope and responsibilities of the position, the candidate's work experience, education and training, key skills, as well as market and business considerations.