Demo

Treasury & Business Development Intern

ITW
Glenview, IL Intern
POSTED ON 1/22/2025
AVAILABLE BEFORE 2/19/2025
Job 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) employs ~46,000 people with operations in 51 countries with headquarters in Glenview, IL. Our campus includes a fitness center at no cost to the employees, cafeteria, outdoor volleyball courts, walking trails around the facility, employee resource groups, corporate discounts, dry cleaning services, covered/outdoor parking, and much more. We are just a block away from the nearest Metra station, and it is a quick 20-minute train ride to downtown Chicago, museums, lakefront, and other activities.

More details on our benefits can be found on our website at https://www.itw.com/careers/benefits-compensation/

Internship Program Overview

ITW’s internship program provides unparalleled access to challenging opportunities in high-growth, dynamic industries. Interns are encouraged to think and act like entrepreneurs and are provided significant responsibility to get things done. As an intern, you will gain substantial personal learning and career development opportunities through ownership of real-world job assignments, strong coaching and support with senior leaders across the Enterprise.

Why should you apply?

ITW’s “80/20” front-to-back business model along with our entrepreneurial culture will provide you with the opportunity to work in an organization that is committed to innovation and creativity. Our program gives interns the chance to collaborate with their teams and participate in exciting, enterprise-wide projects. Some of our intern engagement highlights include intern kickoff events, professional workshops, lunch & learns, volunteering during Day of Action, networking, and more.

Position Summary

ITW’s Internship Program is aimed at providing meaningful and fulfilling work experience under the mentorship of skilled professionals. This summer internship program will provide you with marketable experiences and skills, as well as introduce you to ITW’s unique way of doing business. Excellent performance can result in a full-time employment offer.

Join the ITW team at Corporate Headquarters located in Glenview, IL:

  • Free fitness center open 24/7
  • Atrium café (serves Starbucks)
  • Outdoor volleyball courts
  • Beautiful walking trails
  • We are a block walk to the nearest Metra station, a quick 20-minute train ride to downtown Chicago

As the Treasury and Business Development Intern, you will work alongside ITW’s Treasury and Business Development (M&A) teams and support a broad scope of activities with a primary focus on banking and liquidity activities and cross-functional special projects.

What You Will Do

  • Assist in providing banking solutions and treasury advice to ITW Divisions business units.
  • Aid the department to administer treasury services.
  • Help maintain treasury internal controls and procedural documentation.
  • Assist with cash-pool structures, commercial paper program, excess cash investment, and payment/collections activities.
  • Work with the Treasury and Business Development teams on special projects.
  • Additional duties & projects as assigned.

What We Are Looking For

  • Pursuing a bachelor’s degree in Accounting, Economics, Finance, Business Administration or related field.
  • Excellent written and verbal communication skills.
  • Detail-oriented with solid organizational skills.

What We Would Like You To Have

  • Eagerness to learn, demonstrated curiosity and a drive to excel.
  • Proficient in Microsoft Office Suite.
  • Leadership and teamwork capabilities required (extracurricular, academic, etc.)

Compensation Information

The hourly rate for this position is $23.00.

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.

Salary : $23

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