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Accounting Intern

Company: ITW
Location: Libertyville
Posted on: November 23, 2021

Job Description:

Job Description
The Accounting Intern for ITW Residential & Renovation - will be responsible for Accounting tasks and projects as assigned. -This internship is designed to give a student hands-on exposure to a wide variety of analytical and specialized Accounting responsibilities including: Accounts Receivable, Cash Posting, Accounts Payable, and Financial Reporting.
ITW Residential & Renovation division of the Construction Products business segment is a global provider of innovative fastening solutions that improve contractor productivity and building quality in the residential, commercial, and renovation construction industries. - Our products are positioned as market leaders and category leading brands include wood to wood fastening systems (Paslode), structural wood fasteners (GRK Fasteners---), concrete anchoring systems (Tapcon -, Red Head -, Ramset -), underlayment screws (Rock-On -, Backer-On -), self-drilling screws (Teks -) and drywall anchoring systems (E-Z Anchor -). - ITW Residential & Renovation, one of the largest divisions of ITW, strives to exceed top and bottom-line growth expectations.
ITW's products and solutions are at work all over the world - in deep-sea oil rigs, aerospace technology, bridges and wind turbines, healthcare, the spaces in which we live and work, the cars we drive, and the mobile devices we rely on. You are never, whether you know it or not, more than a few steps from an innovative ITW solution. In the words of a Mal Pancoast quote, at ITW, "You get paid to impact the world."
Core Responsibilities:
Automate current manual reports using internal software.
Assist with preparation of monthly financial reporting.
Maintaining records, systems, customer accounts, and generating reports for accounting.
Support of Accounts Payable and -Accounts Receivable, and Division Audit Inventory process -as needed.
Expected Learnings:
Financial analysis and reporting
Data analysis and use of metrics
Inventory Management
Overhead budgeting
Job Competencies:
Critical Thinking & Decision Making: Ability to make logical and sound decisions and to know when to act independently and when to seek assistance.
Curiosity & Learning Orientation: - Actively identifying new areas for learning and applying newly gained knowledge/skill on the job.
Drive to Excel: - Driven to succeed and willing to go the extra mile. - Perseveres in the face of obstacles and challenges.
Interpersonal Skills & communication: - Ability to work collaboratively and partner well with others, express oneself verbally and in writing, and listen well.
Work Environment:
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. - Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Most time will be spent in an office environment. - Occasionally the employee may be required to spend time in manufacturing and distribution facilities.
Physical Demands:
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.
The employee must occasionally lift and/or move up to 10 pounds. - Specific vision abilities required by this job include close vision, distance vision, peripheral visions, depth perception and ability to adjust focus. - While performing the duties of this job, the employee is regularly required to reach with hands and arms and talk or hear. - The employee is frequently required to stand, walk, sit and use hands to finger, handle or feel.

Qualifications
Job Requirements:
Rising Senior pursuing a degree in Accounting or Finance.
Tentative timeframe of the internship is May 16, 2022, through August 5, 2022.
Proficiency in Microsoft office with an emphasis on Excel -(pivot tables, xlookup, macros, etc.).
Coursework and/or understanding of Generally Accepted Accounting Principles (GAAP), budgeting, balance sheets, cost control principles, and Federal and State financial regulations.
Ability to analyze, summarize and interpret financial data.

Additional Information
All your information will be kept confidential according to EEO guidelines.
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.
If you are a qualified individual with a disability and are unable or limited in your ability to use or access the online application system process due to your disability, please click here for information on how to contact us directly.
PandoLogic. Keywords: Accounting Assistant, Location: Libertyville, IL - 60048

Keywords: ITW, Chicago , Accounting Intern, Accounting, Auditing , Libertyville, Illinois

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