What are the responsibilities and job description for the Accountant position at ITW?
Job Description
Staff Accountant
31 Volunteer Dr, Hendersonville, TN 37075, USA
Full-time
Job Summary
The Staff Accountant maintains accounts for the Hendersonville, TN location to ensure consistency with corporate policies, procedures and guidelines. They will have responsibility for applying accounting techniques and standard practices & procedures to classify, record, and report on financial transactions in support of senior members of the business unit and division.
Primary Responsibilities
Essential Duties & Responsibilities:
Staff Accountant
31 Volunteer Dr, Hendersonville, TN 37075, USA
Full-time
Job Summary
The Staff Accountant maintains accounts for the Hendersonville, TN location to ensure consistency with corporate policies, procedures and guidelines. They will have responsibility for applying accounting techniques and standard practices & procedures to classify, record, and report on financial transactions in support of senior members of the business unit and division.
Primary Responsibilities
Essential Duties & Responsibilities:
- Accounting cycle & month-end close process
- Prepare journal entries
- Reconcile cash and all balance sheet accounts
- Manage customer and A/R responsibilities of the business unit
- Handle daily invoicing of sales
- Own AR reporting and collections with the collaboration of customer service & sales
- Lead sales and use tax reporting and audits
- Assist in preparing financial statements in accordance with GAAP
- Support inventory management for the business unit
- Lead Inventory reporting for identification & treatment of slow and obsolete parts
- Key member in identifying and executing on Inventory Strategy
- Manage the execution of yearly inventory count
- Partner with marketing on yearly cost roll
- Primary backup of business unit controller on month-end activities
- Maintain monthly/quarterly/yearly checklist
- Ensure the accuracy of the company’s financial results
- Prepare and update the detailed schedule of fixed assets and accumulated depreciation
- Lead periodic physical counts of fixed asset
- Verify customer credit worthiness
- Update data for new and existing customers within ERP system
- Gather information and respond to audit inquiries (internal and external)
- Proactively review compliance measures designed to mitigate risk
- Recommend ways to improve, simplify, or eliminate tasks in the department
- Prepare financial analysis as required
- Cross-functional support to marketing for data consolidation and analysis
- Bachelor’s degree in accounting, Finance, Business Administration or related field
- 2 years of applicable experience. Manufacturing preferred.
- Deadline driven and focused on creating a value-added partnership with operations.
- Strong analytical and problem-solving skills are necessary.
- Attention to detail and a high level of accuracy is a must.
- Ability to manage and prioritize daily responsibilities.
- Exceptional written and verbal communication skills.
- Ability to communicate effectively with all levels in the organization and work well within a team.
- Strong business and financial acumen required.
- Administer and adhere to accounting policies and divisional procedures.
- Strong computer skills: Microsoft Office (Excel, Word, PowerPoint) with proficiency in MS Excel and the ability to manage large data sets. Power BI and Dynamics 365 F&O knowledge a plus.
