Accounting Associate I

COMPANY DESCRIPTION

Founded in 1940, Driv-Lok is a world leader and preferred manufacturer of fastening and joining component solutions. DRIV-LOK helps engineers, product designers and assembly managers achieve up to 50% lower assembly costs. DRIV-LOK applies a proven methodology for identifying fastening solutions that reduce costs, promote safety and efficiency, and enhance product performance.

We are currently expanding to bring more innovation and high-performance solutions to our growing customer base. Join our collaborative, forward-looking team and help us build on our current success, find new and creative ways to solve problems, bring value to our customers, and be part of helping us achieve our goal as a leader in the metal manufacturing.

PURPOSE:

To provide assistance to the Assistant Controller and CFO and uphold all general accounting practices

POSITION EXPECTATIONS AND JOB ACCOUNTABILITIES:

• Enter payable invoices into the Global Shop for both PO and non-PO invoices.
• Maintain the vendor’s payable files including payment and contact information.
• Responsible for daily bank reconciliations.
• Create AP batches from receipts.
• Accounts Payable liaison, including reconciling vendor statements, answering vendor inquiries, etc.
• Review and maintain AP Aging and AP Received Goods aging.
• Assist with the monthly financial closing process, including posting journal entries, GL account reconciliations, processing recurring monthly invoices, etc.
• Download and prepare monthly AMEX statements making sure they are turned in timely.
• Prepare monthly insurance allocation spreadsheets from insurance invoices.
• Governmental reporting including preparing annual 1099 filings, IL sales tax filings, etc.
• Back-up for customer billing and payment application.
• Issues additional invoices to customers for misc. charges not on original order.
• Maintain good housekeeping in assigned area.
• Other miscellaneous clerical duties or assignments as specified by the Assistant Controller and/or CFO.

QUALIFICATIONS:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

EDUCATION/EXPERIENCE:

High school diploma or equivalent is required; bachelor’s in accounting/finance or greater preferred.

LANGUAGE ABILITY:

Ability to read and understand documents such as safety rules, operating instructions, and procedure manuals. Must be detail oriented, accurate, and dependable. Have good communication skills and a pleasant personality are essential.

MATH ABILITY:

Ability to add, subtract, multiply, and divide in all units of measure.

COMPUTER SKILLS:

Must have a general knowledge of computers, including networks, word processing, and spreadsheets. Must be a quick and accurate typist.

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.

While performing the duties of this Job, the employee will be working in an office environment.

The employee will be working with computers, network terminal, calculator, facsimile, copy machine and telephone.

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 be able to lift up to 25 pounds. Specific vision abilities required by this job include close vision. While performing the duties of this Job, the employee is regularly required to sit for long periods of time; use hands to finger, feel; reach with hands and arms, and talk or hear. The employee is occasionally required to stoop, kneel, crouch, push, pull, and bend.

QUALITY RESPONSIBILITY:

Performance evaluations are completed annually per the company policy addressing job knowledge, reliability, quantity of work, quality of work, attitude and cooperation, initiative and adaptability, attendance, aptitude, ability to learn and use procedures, safety and housekeeping.

ENVIRONMENTAL RESPONSIBILITIES:

Ability to perform to Driv-Lok, Inc.'s Environmental Policy and procedures through awareness of any significant environmental aspects that have been determined. The role(s) in achieving compliance and what the consequences of the departure from the Policy and Procedures.

JOB AND BENEFITS SUMMARY

BENEFITS

Financial:

401(k) and 401(k) matching
Employee assistance program
Flexible spending account
Referral program

Healthcare:

Dental insurance
Health insurance
Health savings account
Life insurance
Vision insurance

Employee Well-Being and Development:

Paid time off
Professional development assistance
Tuition reimbursement