Job Description:
ITW (Illinois Tool Works Inc.) is a Fortune 300 company and is one of the world’s leading diversified manufacturers of specialized industrial equipment, automotive components, consumables, and related service businesses.
ITW Mechanical Fastening , a division within the Construction Products segment, provides premium and trusted, differentiated fastening solutions. Our products are engineered to deliver superior productivity and reliability to meet the needs of residential remodelers and new home construction contractors. With category-defining brands like GRK , Tapcon, and Teks , we have a widely available product portfolio at preferred retail and dealer outlets.
ITW offers you a path for advancement, a competitive salary, and a comprehensive benefits package designed to help employees care for themselves, their families, and their futures. Our Glenview office has a free onsite fitness center, active employee resource groups, corporate discounts, and much more. We are just one block away from the Golf Metra station and quick train ride to downtown Chicago.
Purpose of the Role
As a pivotal member of the ITW Mechanical Fastening leadership team, the Division Controller will serve as a strategic finance leader and business partner. You will lead financial planning, analysis, and governance to support above-market organic growth and operational excellence. You shape business strategy, leveraging ITW’s business model to simplify processes, enhance decision-making, and foster a high-performing finance team through talent development and cross-functional collaboration.
Key Responsibilities
Financial Leadership & Strategic Planning
Lead the development of Mechanical Fastening’s Annual Plan and Long-Range Plan and drive execution of key financial initiatives defined within them
Lead financial analysis and decision making on ‘80’ growth products, including resource and capital investment decisions
Oversee day-to-day financial operations, including accounts payable, credit and collections, inventory and cost accounting and payroll.
Prepare monthly financial statements with detailed analysis, including variance explanations for actuals compared to plan, forecast, and prior year.
Lead planning and forecasting, delivering accurate monthly forecasts and clear performance targets that help leaders anticipate risks, evaluate results, and take timely action.
Clearly communicate financial plans, results, and outlook, explaining the story behind the numbers to divisional and corporate leadership
Business Partnership
Partner with Division Leadership Team to ensure business meets or exceeds the Annual Plan on revenue, operating income, inventory, and AR targets
Improve reporting tools and financial insights to help commercial leaders make faster decisions, strengthen sales execution, and capture revenue opportunities.
Partner with sister divisions to optimize intercompany financial results and shared processes, fostering a collaborative, win-win mindset.
Partner with the Operations Director and leaders across operating locations to improve productivity, reduce costs, and evaluate savings initiatives through financial analysis.
Build credibility and foster collaboration across all functions
Financial Governance & Control
Maintain strong accounting practices and internal controls across all division locations, ensuring accurate reporting, compliance, and consistent financial processes
Support ERP implementation as required through business process alignment and functional expertise
Monitoring and support for sustenance and continuous improvement for Above-Average Financial Audit results and compliance
People Leadership & Talent Management
Cultivate and develop a high-impact team to optimize individual, team, and cross-functional performance
Aggressively develop Great ITW Leaders through targeted coaching, development planning, and performance management to build a strong talent pipeline
Create and sustain a culture of…