We are a diverse entrepreneurial team focused on delivering value to our customers and ITW with passion for service, efficiency, and creativity.

The team provides exceptional formulations and technical expertise to achieve superior application repeatability for customers.

We manufacture high-performance Holographic, Decorative Transfer, and TTR products for the Packaging, Coding, and Lottery markets.

ITW ShineMark employees 260 people the US (2 sites), Canada, UK, and South Korea.

The Financial Controller is a key member of the leadership team who partners with the Division Financial Controller to develop and implement business strategy by evaluating and developing financial analysis, models, & reports. The role ensures proper implementation of the ITW business model as well as continual simplification and cost saving opportunities. Oversees initiatives to maximize cash flow and operating margins, including ongoing improvement in working capital performance against established metrics.

The Financial Controller role entails these areas of responsibility:

Financial Planning & Reporting

• Coordinate and direct the financial planning, budgeting, and reporting for the organization.

• 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 in strict accordance with ITW Financial reporting policies (USGAAP).

• Effectively communicate and coordinate the exchange of financial information to key stakeholders (global finance team and local leadership team).

• Advise management team on short-term and long-term financial objectives, policies, and actions; prepare ad-hoc analyses for local and Division management for use in decision making.

• Support Division leadership team to achieve division goals and objectives.

• Manage annual budgeting and forecasting processes along with monthly outlook updates for the Newburyport & Bloomfield unit.

Financial Records, Systems, Processes & Internal Controls

• Manage compliance to accounting policies and procedures to ensure accurate and timely financial statements.

• Direct and manage Inventory, including a full understanding of the BOM’s and Product Costing, along with the labor & overhead standards update, A/P, A/R, Banking Activities (ACH, Positive Pay, Bank reconciliations), Corporate Credit Cards, Fixed Asset, and other administrative activities as assigned.

• Understand and apply ITW financial policies consistently and effectively. Ensures that accurate financial records and strong internal controls are in place and being followed.

• 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.

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.

• Apply the ITW Principles (80/20, Product Line Simplification, Segmentation, In-lining, and Market Rate of Demand) to eliminate complexity and improve profitability of the company. Participate in teams and play a lead role in the collection and analysis of data for team projects.

Team Management & Development

• Manage a team of Two.

• Identify, lead, and develop talent to maximize individual, team and organizational effectiveness and results. Foster a culture of engagement and accountability.

• Coach through feedback, development planning and performance management.

• Provide training to new and existing staff and support them in their career goals.

• Use effective change management skills to plan, implement, and evaluate change.

COMPETENCIES:

Delivers Results:

• Guides team with tools and processes needed to be efficient and effective.

• Allocates resources appropriately and manages conflicting priorities.

• Communicates critical information clearly, succinctly, and in a timely way.

Strategically Positions Business to Win Markets:

• Demonstrates sound business judgment.

• Aligns team strategy to broader function and divisional needs.

• Anticipates future trends—does not only focus on current results.

Develops and Manages Talent:

• Manages and develops a high-performing team.

• Coaches, mentors, and develops talent by providing tools and techniques that improve their effectiveness.

• Helps others understand how their choices and decisions impact the business.

Leads Effectively:

• Uses personal influence to motivate and achieve results.

• Responds quickly, decisively, and ethically to changing situations.

• Holds self and others accountable for living the ITW culture and values.

Position Skills and Qualifications

• Bachelor’s degree in Accounting/Finance required. MBA a plus, CPA preferred.

• Minimum 5 years of accounting experience including general and cost accounting with responsibility for Inventory Control, P&L, and Balance Sheet Management required; significant and relevant experience in a manufacturing environment required following strict application of accounting principles.

• Adept at creating budgets from the ground up and effectively managing to the established budget.

• Excellent time management, prioritization abilities with streamlining/simplification mindset, and strong project management skills.

• Excellent written and verbal communication skills.

• Strong Microsoft Excel skills, advanced level a distinct advantage.

• Knowledge of the QAD ERP system would be helpful.

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. _

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. _

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.