Controller, Finance & Banking, Financial Manager

Location: Mechanic Falls

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* Job Description:

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* ** ITW

DESCRIPTION:

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* Illinois Tool Works Inc. (NYSE: ITW) is a global Fortune 200 diversified manufacturing company that delivers specialized expertise, innovative thinking and value-added products to meet critical customer needs in a variety of industries.
ITW, with approximately 16.1 billion dollars in global revenues, operates 8 major segments with businesses in 57 countries that employ approximately 49,000 women and men. 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 16,000 active patents.

The foundation of our company is the ITW Business Model, a unique and differentiated set of core capabilities and business practices that comprises three key elements: ITW's 80/20 Front to Back Process, customer-back innovation and a decentralized entrepreneurial culture. Our strategy is to leverage the full potential of the ITW Business Model to generate solid growth with best-in-class margins and returns.

ITW is committed to operational excellence and innovation that helps our customers create the products and services that make our lives better.

** ELECTRO STATIC*
* ** TECHNOLOGY (AEGIS) BUSINESS UNIT

DESCRIPTION:

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* Electro Static Technology, an ITW Company, is a global manufacturer and the inventor of AEGIS® Shaft Grounding Rings, used in electric motors and other rotating equipment to safely discharge stray voltage to ground. AEGIS® Shaft Grounding Ring technology is installed in all ranges of motors, from fractional horsepower to thousands of HP/kW, used in virtually all commercial and industrial applications including electric vehicles.

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* Position Summary:

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* As a key member of the Electro Static Technology leadership team, the Controller will serve as a key business partner to the Business Unit Manager and the EST management team.  They will manage the finance and accounting functions of this $30M business. This has the responsibility of overseeing and managing the company's accounting and finances, a responsibility that overlaps with nearly every aspect of the company's operations.

** Essential Duties and 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 business unit manager and operations.

+ Coordinate and manage the internal and external audit process.

+ Consolidate results with greater Electrostatics division.

+ 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; leads and develops talent to maximize individual, team and organizational effectiveness; fosters a culture of engagement and accountability, cascading vision, and creating goal alignment with business objectives, coaches through feedback, development and performance management.

+ 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 and skills*
* 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,…