Senior Accountant

Company: Illinois Tool Works
Location: Des Plaines
Posted on: February 23, 2026

Job Description:

PRIMARY RESPONSIBILITIES Financial Planning & Reporting Recording accounting entries in the G/L (banks, purchases, sales, accruals…) Direct preparation of financial statements, business reports, annual budgets and/or reports required by corporate and/or regulatory agencies Ensure an accurate and timely monthly, quarterly and year-end close Effectively communicate and coordinate the exchange of financial information to key stakeholders Additional planning & reporting requests as required Financial Records & Internal Controls Manage compliance to accounting policies and procedures to ensure accurate and timely financial statements Understand and apply ITW financial policies consistently and effectively Ensure that complete and accurate financial records and strong internal controls are in place and being followed Create, update, and oversee standard operating procedures (SOPs) and process documentation to support consistency, compliance, and training within the accounting department Document and monitor internal controls. Ensures that transactions are recorded in an efficient and timely manner Coordinate internal and external audits as well as other corporate requests Responsible for month end account reconciliation process Financial Analysis / Continuous Improvement Analyze the financial details of past, present and expected operations to identify development opportunities and areas where improvement is needed Perform analytical reviews of data and explain variances against plan, outlook and prior year Monitor and analyze department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy Act as a key contributor in the upcoming ERP implementation project, partnering with cross-functional teams to ensure accurate financial data migration, efficient workflows, and effective system adoption. Apply ITW Principles (80/20, Product Line Simplification, Segmentation, In-lining, and Market Rate of Demand) to eliminate complexity and improve profitability of the company Additional analysis requests as required JOB REQUIREMENTS Bachelor’s degree in Accounting or Finance required, CPA preferred 4 years of accounting experience including general and cost accounting, preferably in a manufacturing environment Strong understanding and application of accounting principles/practices Ability to demonstrate a strong analytical and inquisitive mindset Must be able to multi-task, work under pressure and meet deadlines as required Experience with P&L and Balance Sheet reporting Working knowledge of ERP systems and advanced Microsoft Office software skills Strong presentation and communication skills Limited travel requirements Compensation Information: 95,000-110,000 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.

Keywords: Illinois Tool Works, Racine , Senior Accountant, Accounting, Auditing , Des Plaines, Wisconsin