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Illinois Tool Works Inc.

Division Controller

United States

$138,000 to $155,000 USD / year

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Job details

Pay: $138,000 to $155,000 USD / year
Experience: 8+ years of progressive experience in financial planning and analysis, including budgeting, forecasting, and financial modeling.
Posting language: English
Posted: Oct 30, 2026

Original job description

Job Description:

Smart people. Smart ideas. Smart choice.

MTS is a leading global supplier of test and simulation systems. Formula 1 teams, leading automotive and aerospace companies, and the world's top researchers in materials and seismic engineering all rely on our systems to determine product reliability and ensure compliance with quality standards. Check out some of our amazing technology here: http://www.youtube.com/watch?v=vXOsvWpTHH4

As an ITW company, MTS is part of a Fortune 300 global manufacturing leader with 49,000 employees across 56 countries, offering career development opportunities not just within MTS but across the ITW enterprise.

We're looking for a Division Controller on our Service Team who will partner with and report to the Vice President General Manager - Service to develop and implement division strategy by evaluating and developing financial analysis, models, & reports. The role is responsible for leading and overseeing all fiduciary responsibilities for the Division to drive business results. The Division Controller 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.

What You'll Do:

Financial Planning & Analysis:
Effectively communicate and coordinate the exchange of financial information (actual results, KPI metrics,forecasting information) to key stakeholders and other departments to help drive business decisions(operations, sales, HR, IT, Legal, R&D, etc.) and explain data to management as necessary. Assist withsuggesting and providing measurable and accurate financial targets to evaluate the performance of thebusiness.
Develop financial models / justification to support capital investments, leases, customer back innovation(CBI) & other investments in the business.
Provide monthly reporting package and financial outlook for the business (and assist with platform-relatedforecasting duties).
Serve as primary financial support / reviewer of customer contracts & quotes ensuring proper pricing andmargins are achieved.
Communicate as necessary with segment and corporate leadership on financial related matters for thedivision.
Prepare monthly financials for country specific P&L for ~10 different service entities globally and present /educate service leaders on results and observations.
Business Partnership:
Partner with VP and Division leadership on all operational and strategic issues as they arise; provide strategic recommendations based on data driven financial analysis and projections.
Partner with the leadership team to prepare, develop, present and execute Annual Plan (AOP) and Long-Range Plans (LRP) based on in-depth understanding of business and operations.
Build cross-department credibility, confidence, and collaboration with other functional areas within MTS.
Work cross-functionally with accounting functions to provide accurate and timely financial information in accordance with the Company’s month-end close requirements and explain any key variances to outlook /AOP.
Leadership, Influence & Accountability:
Develop P&L-owning Service Leaders on financial acumen to drive profitable growth, customer satisfaction, and simpler processes, and informally guide the Service Direct Leadership Team in applying forecasts, drivers, risks, and opportunities to their areas.
Lead and develop 1 direct report, a Finance Analyst, coaching on analytical rigor, forecasting and reporting quality.
Champion and lead the application of ITW Toolbox, building a team culture where they are understood, practiced, and sustained.
Ensure the team is on track to deliver on its commitments with a high say-do ratio by monitoring performance against forecast, AOP and KPIs and raising gaps early.
Follow up on actions, commitments, and open items with leaders and the team, holding others accountable and closing the loop on corrective actions.
Use personal influence skills rather than position power to persuade others and gain support.
Champion the effective use of change management principles, strategies and techniques to plan, implement and evaluate change.
Performs other duties as assigned.

What You Bring:

Bachelor’s degree in Finance, Accounting, Economics, or related field.
8+ years of progressive experience in financial planning and analysis, including budgeting, forecasting, and financial modeling.
Demonstrated experience partnering with senior operational and commercial leaders, using data-driven financial analysis to influence business decisions.
Demonstrated ability to monitor industry trends, analyst reports, and competitive landscapes to inform strategy.
Demonstrated ability to blend finance expertise with narrative intelligence, using data-driven insights to tell meaningful financial stories, business strategies, and engage audiences at all organizational levels.
Strong public speaking and executive presence skills, capable of presenting complex financial information with clarity and confidence while tailoring messages to diverse audiences ranging from finance professionals to non-financial stakeholders.
Minimal travel expected averaging <5%, domestic and international.
Must possess a valid driver’s license and able to obtain automobile/liability coverage.
Flexibility in working hours to meet the needs of a global role, including availability outside standard business hours for cross-regional meetings and occasional domestic and international travel.

Preferred Qualifications:

MBA, CPA, or CFA designation
Advanced Excel and financial modeling skills, with strong PowerPoint skills for executive-level presentations
Working knowledge within ERP systems and BI / reporting tools
Experience in a service, industrial, or manufacturing environment, including multi-entity or international P&L reporting.

Best in Class Benefits:

Affordable medical, dental, and vision insurance: http://myitwhr.com/
HSA/FSA with a company match
Income protection benefits
Industry leading 401(k) plan
Paid time off
Parental leave
Matching gift and volunteer program

Get Involved and Give Back:

MTS supports Employee Resource Groups (ERGs) that bring people together to share experiences and ideas, and we're committed to a diverse, inclusive workplace where everyone can contribute their talents. Through the ITW Hearts Giving Hope Program, employees also have the chance to give back and support families in our communities.

Physical Demands (U.S. only): The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; reach with hands and arms; and talk or hear. The employee is occasionally required to stand; walk; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception, and ability to adjust focus.

Compensation Information:

$138,000 - $155,000 Annual Salary, needs to commensurate with experience and qualifications.

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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More about this job

Skills

Regulatory compliance
Financial analysis
Business model
Financial planning
Forecasting
Sales
Reporting
Leadership
Collaboration
Month-end close
Financial capability
Customer service
Coaching
Persuade others
Change management
Budget management
Financial modelling
Public speaking
Valid driver's licence
CPA
CFA
Microsoft Excel
Microsoft PowerPoint
Presentation skills
ERP

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