Senior Accountant

Accounting La Garriga, Barcelona


Position at Hi-Cone

Company Overview

ITW (NYSE:ITW) is a Fortune 250 global multi-industrial manufacturing leader with revenue totaling $14.8 billion in 2018. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW has nearly 50,000 dedicated colleagues in operations around the world who thrive in the company’s unique decentralized and entrepreneurial culture.

Hi-Cone, a division of ITW, is a leading supplier of plastic-based multi-packaging systems for global beer, soft drink and general products industries. We are advocates of packaging alternatives that generate sustained margin contributions for our customers and major retailers. Our customers demand maximum quality, exceptional value, market performances and innovation. We meet those demands by offering cost-effective minimal packaging responsive to environmental concerns.

Position Summary

As a key member of the finance team, the Senior Accountant reports to the Business Unit Controller and is responsible for recording the accounting entries in the General Ledger (G/L), driving the timely preparation of financial statements, reviewing and monitoring internal controls, preparation and analysis of departmental spend through the budget process, reporting and communicating financial results to appropriate levels within the organization, and identify and implement opportunities to simplify processes and procedures. The Senior Accountant has no direct reports and supports the Business Unit Controller as well as the broader leadership team to achieve Division goals and objectives.

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
  • 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
  • Additional analysis requests as required

Team Management & Development

  • Helps people in the business understand how their decisions impact results
  • 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 effectively to plan, implement and evaluate change
  • Serve as a role model to other team members, develop and motivates peers
  • Drive to grow and succeed

Job Requirements

  • Bachelor’s degree in Accounting or Finance required
  • 7+ 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
  • Fluent English language
  • Strong presentation and communication skills
  • Limited travel requirements

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.