Finance Manager

ITW Evercoat is a global leader in the manufacture of professional collision repair and professional car care products. ITW Evercoat is a division of Illinois Tool Works Inc within the Polymers and Fluids segment.  We are known for our unique 80/20 business model and core values of Integrity, Respect, Trust, Shared Risk and Simplicity. Illinois Tool Works (ITW) is a Fortune 200 Company headquartered in Glenview, IL.   The ITW Evercoat division is based out of Cincinnati, OH.

The Operations Finance Manager will provide financial analysis support, primarily to the manufacturing and distribution portions of the business, including maintaining the processes and controls associated with manufacturing costs and inventory valuation. Responsible for gathering and analyzing cost expenditures to identify inconsistencies in operational costs and advise practices to improve cost efficiency. This position reports to the Divisional Controller and works within a team of accounting and finance professionals.

Essential Duties and Responsibilities:

• Works closely with operations team to analyzes changes in product design, raw materials, manufacturing, freight, and labor methods to determine effects on costs.
• Set up standard cost for new products, reviewed formulas, and update standard cost for existing products.
• Reconciled, balances between sub-ledger and general ledger monthly and provide explanations and recommendations for the variances.
• Oversees inventory reconciliation through physical/cycle counting, documentation, and record retention.
• Review costs for all external inventory, labor, and material purchases and recommend costs and cost savings.
• Supports enterprise initiatives of cost efficiency including cost reduction initiatives and capital projects analysis.
• Perform Monthly Analysis primarily on but not limited to: material margin and variable margin analysis, FTB 80/20 and Management Reporting, OSMI calculations and PPV analysis
• Work within JDE to provide financial support and reporting through analyzed weekly work order variance reports, labor variance reports, purchase price variance reports, and implemented corrective and preventive measures.
• Develop or re-engineer financial processes to increase efficiency and support emerging business initiatives including a leadership role in the expansion of our business intelligence reporting dashboard.
• Leverages financial analytics to build business cases, present results, and recommendation to Senior Management.  Facilitates issue resolution/dealing with ambiguity.
• Validate revenue and cost of goods sold as part of the month-end close
• Assist in internal audits
• Other duties may be assigned.

Education and Experience:

• Bachelor’s Degree in Accounting, Finance, business administration or related field.
• CMA certification preferred
• 3-5 year of relevant experience inventory/management accounting experience, preferably supporting a manufacturing operation/business.

Qualifications and Skills:

• Working knowledge of general ledger functions
• Robust professional communication skills
• Strong team contributor
• Excellent skills with Excel and entire Microsoft Office Suite
• Experience with accounting software (JDE or another full-scale ER software)
• Strong knowledge of US GAAP
• Detail oriented, with accurate and precise attention to detail.

ITW is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.

We do not accept unsolicited resumes. To be considered an applicant, please apply online to a specific job posting. 

All your information will be kept confidential according to EEO guidelines.

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.