Job 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.
Illinois Tool Works (ITW), a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $15.9 billion in 2022.
ITW Vulcan North America Cooking
For more than 150 years, Vulcan has been recognized by chefs and operators around the world as the best-in-class supplier for premier, energy-efficient foodservice equipment. Trusted for durable design, precision performance and state-of-the-art innovation, professionals rely on Vulcan equipment to produce spectacular culinary results each and every time.
Scope:
The Sales Controller is the lead financial position for US based Vulcan Sales & Marketing Division, part of the Global Cooking Platform within the ITW Food Equipment Group, a division of Illinois Tool Works, Inc.
Reporting functionally to the Platform Controller of Global Cooking, this position provides leadership to all aspects of the business.
Working with the VP of Sales and Marketing and cross-functionally with the VP/GM Cooking North America and the teams of both organizations, the position supports the sales functions with the development of reporting and analytics as well as is responsible for keeping accurate financial records.
The Sales Controller provides functional leadership for all finance employees in all aspects of accounting, financial planning and analysis, asset management, capital expenditures and an effective control infrastructure.
ESSENTIAL FUNCTIONS:
- The Sales Controller will be responsible for over-seeing all division-level financial planning and business analysis activities. This role will be responsible for collaborating with the business teams to provide effective controls and reporting.
- Responsible for the balance sheet and income statement as well as all reporting.
- Provide thorough, thoughtful, and logical financial analysis regarding sales and commission programs for buying groups, dealers, and sales representatives and clearly communicate results and conclusions. Administer all programs accurately and fairly.
- Prepare Long-Range Plan, Annual Plan and provide all related financial schedules.
- Be responsible for maintaining accurate financial statements and accurately explaining variances. Provide timely internal financial statements to the leadership team.
- Embrace, understand and champion the application of 80/20 business process to significantly improve operating performance.
- Establish a strong message related to ITW values, safety, business ethics and the law, and financial controls.
- Work closely with the other cross-functional Louisville managers to provide solid leadership to the Louisville facility.
- Supervise the Accounting Manager, Accounts Receivable, Credit and collections and Accounts Payable functions, Financial Analyst, as well as assist in guiding the Information Technology function (dotted-line reporting).
- Ensure strict adherence to ITW Financial Policies and be responsible for internal and external audits.
- Actively participate in establishing/maintaining inventory controls. Ensure that key processes have safeguards established to maintain transactional and reporting accuracy.
- Perform the function of the Louisville office/facility manager.
QUALIFICATIONS AND TRAITS:
- Minimum of 10 years of applicable financial management experience in progressively responsible assignments and a minimum of three years of supervisory experience.
- Undergraduate degree required, an advanced degree or certification (e.g. MBA, CPA) and/or Fortune 500 finance training program is desirable.
- Hands on manager.
- Strong track record of driving financial improvements.
- A strategic thinker who simplifies strategy into business objectives/actions and drives them with clear metrics and accountability.
- Has capacity to sift through complex information and utilizes 80/20 to focus the organization on the critical few priorities. Communicates messages clearly and concisely.
- Well-rounded, individual with the ability to combine analytical reasoning, creativity and judgment. A results-oriented, prudent risk-taker that ensures economic value is paramount in decision making.
- Challenges the status quo and drives positive change using a data driven and fact-based approach to decision making.
Additional Information
PHYSICAL REQUIREMENTS:
Office environment
WORKING CONDITIONS
Travel 10% of work schedule
CANDIDATES MUST BE AUTHORIZED TO WORK IN THE US
To learn more about more about the company please visit: www.linkedin.com/company/vulcan-hart-a-division-of-itw-feg/about/?viewAsMember=true
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.
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