Analyst, Transfer Pricing

Full Time
Glenview, IL 60025
Posted
Job description
Company Description


Since its founding more than 100 years ago, ITW has become one of the world’s leading diversified manufacturers of specialized industrial equipment, consumables, and related service businesses. We place a high premium on the development of innovative solutions–most of which are developed in tandem with our customers. And we continue to ensure that our customers receive timely, cost-effective service for the innovative products we provide.

ITW’s differentiated business model is composed of a set of unique core capabilities: our proprietary 80/20 business process, customer-back innovation, and our well-known decentralized entrepreneurial culture. These capabilities are unmistakably ITW—and key to our longevity and strong performance.

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. We are never, whether we know it or not, more than a few steps from an innovative ITW solution.

Today, ITW (NYSE: ITW) is a Fortune 200 company that employs nearly 43,000 people with operations in 55 countries with headquarters in Glenview, IL. We are conveniently located across from the Metra commuter rail, with access to an on-site gym, café and active employee resource groups.


Job Description


ITW is seeking an Analyst, Transfer Pricing, to support the company’s tax and transfer pricing team. This individual will:

  • Work within a cross-functional tax department, with a core focus on transfer pricing, but will assist with general tax projects as requested;
  • Prepare global transfer pricing filing and documentation requirements, including country-by-country reports, local file documentation, and master file documentation;
  • Participate in fact-finding interviews with business representatives and draft narratives from the interview notes;
  • Extract and analyze complex data residing in multiple information systems;
  • Develop and update financial models in support of business decisions;
  • Support efforts on tax audits (US and international) by compiling data and documentation to defend the company’s transfer pricing positions;
  • Communicate transfer pricing policies and procedures to stakeholders outside the transfer pricing group, including: tax, accounting, financial planning, controllers, legal, treasury, business managers, and external consultants;
  • Draft and organize intercompany agreements in collaboration with the legal department;
  • Manage and organize internal files;
  • Monitor and advise of changes related to global transfer pricing regulations; and
  • Undertake other special projects as assigned.

Qualifications
  • Undergraduate degree in accounting, finance, economics, mathematics/statistics, or related field is required. Advanced degree is preferred; CPA is a plus;
  • Experience in accounting and/or financial analysis, as well as an understanding of economic models, income statements, and balance sheets;
  • Ability to establish individual priorities across multiple tasks with multiple managers and a demonstrated ability to work both autonomously and in a team environment;
  • Strong analytical skills, organizational skills, and focus on detail;
  • Excellent writing, communication, and data management skills;
  • Professional presence and ability to influence others; and
  • Transfer pricing and/or tax experience and knowledge are a plus.

Additional Information


Illinois Tool Works Inc. (“ITW” or “the Company”) is an equal employment opportunity employer. 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.

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 email corp_accessibility@itw.com to request assistance. No other requests will be acknowledged.

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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