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.
Essential Duties & Responsibilities:
Primary Responsibilities:
- Accounting cycle & month-end close process
- Prepare journal entries
- Reconcile cash and all balance sheet accounts
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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
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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
Other Job Responsibilities:
- 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
Position Qualifications:
- 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.
