What are the responsibilities and job description for the Plant Accountant position at Parker Hannifin?
Position Summary
This position is responsible for providing support for business unit and division management in decision making in the areas of finance and asset control. It is also required to maintain and oversee the business accounting function (cost, fixed assets, inventory movement & control, planning/budgets monthly review of results, maintaining internal controls as per Parker Accounting Policies).
This function is concerned with the administration of the entire accounting function which includes collaborating with the AR and AP team to resolve disputes, managing cost, fixed assets, inventory payroll as well as accurate accounting and financial control for the plant. Position involves the development of budgets, forecasts, cost information and financial control to assure the best return on investment.
Reports directly to the Division Accounting Manager. Responsible for the division accounting department functions, assuming all responsibilities for work, performance, and issues all plant accounting reports.
The responsibility requires a close working relationship with all departments within the division to accomplish objectives in the accounting department. Works closely with the Group Controller’s Department and Corporate Accounting Department in order to maintain corporate and divisional policies and practices.
Responsibilities
Assist Division & Business Unit Management in making financial based decisions.
Provides local management with financial and statistical information to enable them to better control operations.
Provide information to Division, Group and Corporate on a monthly basis and as requested.
Prepare or assist in the preparation of financial statements, reviews, budgets, forecasts, and analysis.
Participate, coordinate and review month end and year end closings and governmental reports and forms submittal.
Initiates all reports as required by divisional and corporate accounting on a daily, weekly, monthly, quarterly, and annual basis.
Oversee Hourly Payroll functions for the plant.
Maintains Balance Sheet reconciliations.
Work with the IT Department to provide information for management decisions throughout the division.
Ensure compliance with corporate objectives and systems for accounting, payables, receivables, payroll and inventory operations as applicable.
Auditing physical inventories.
Maintaining accurate raw material and finished goods stockroom inventories as well as accurate work in process inventory.
Maintaining the asset inventory records.
Establishes all inventory control procedures.
Responsible for accounting distribution of obsolete and salvageable material.
Responsible for all plant asset inventory controls.
Train, develop, assist and instruct subordinate employees according to company policy and sound employee relations.
Maintains the control environment following Parker Accounting Policy and Compliance.
The essential functions have been provided as example of the type of work performed by employees assigned to this job classification. The company reserves the right to modify the work assignments and/or to make reasonable accommodations so that qualified employees can perform the essential functions. The job description is not intended to be an inclusive list of duties and responsibilities. It is intended to describe the general nature of the position.
Qualifications
Bachelor’s in Accounting
4 years of Accounting
Experience Proficient in Microsoft Office (Excel, Power Point, and Word)
Certification or Advanced Degree preferred
PowerBI Experience Preferred
Equal Employment Opportunity
Parker is an Equal Opportunity and Affirmative Action Employer. Parker is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job related reasons regardless of race, ethnicity, color, religion, sex, sexual orientation, age, national origin, disability, gender identity, genetic information, veteran status, or any other status protected by law. However, U.S. Citizenship, Permanent Residency or other appropriate status is required for certain positions, in accord with U.S. import & export regulations.
(“Minority / Female / Disability / Veteran / VEVRAA Federal Contractor”)
If you would like more information about Equal Employment Opportunity as an applicant under the law, please go to Know Your Rights: Workplace Discrimination is Illegal (eeoc.gov) and Genetic Information Discrimination
Drug Tests
Drug-Free Workplace
In accordance with Parker’s policies and applicable state laws, Parker provides for a drug-free workplace. Therefore, all applicants seeking employment with Parker will be subject to drug testing as a condition of employment.
This position is responsible for providing support for business unit and division management in decision making in the areas of finance and asset control. It is also required to maintain and oversee the business accounting function (cost, fixed assets, inventory movement & control, planning/budgets monthly review of results, maintaining internal controls as per Parker Accounting Policies).
This function is concerned with the administration of the entire accounting function which includes collaborating with the AR and AP team to resolve disputes, managing cost, fixed assets, inventory payroll as well as accurate accounting and financial control for the plant. Position involves the development of budgets, forecasts, cost information and financial control to assure the best return on investment.
Reports directly to the Division Accounting Manager. Responsible for the division accounting department functions, assuming all responsibilities for work, performance, and issues all plant accounting reports.
The responsibility requires a close working relationship with all departments within the division to accomplish objectives in the accounting department. Works closely with the Group Controller’s Department and Corporate Accounting Department in order to maintain corporate and divisional policies and practices.
Responsibilities
Assist Division & Business Unit Management in making financial based decisions.
Provides local management with financial and statistical information to enable them to better control operations.
Provide information to Division, Group and Corporate on a monthly basis and as requested.
Prepare or assist in the preparation of financial statements, reviews, budgets, forecasts, and analysis.
Participate, coordinate and review month end and year end closings and governmental reports and forms submittal.
Initiates all reports as required by divisional and corporate accounting on a daily, weekly, monthly, quarterly, and annual basis.
Oversee Hourly Payroll functions for the plant.
Maintains Balance Sheet reconciliations.
Work with the IT Department to provide information for management decisions throughout the division.
Ensure compliance with corporate objectives and systems for accounting, payables, receivables, payroll and inventory operations as applicable.
Auditing physical inventories.
Maintaining accurate raw material and finished goods stockroom inventories as well as accurate work in process inventory.
Maintaining the asset inventory records.
Establishes all inventory control procedures.
Responsible for accounting distribution of obsolete and salvageable material.
Responsible for all plant asset inventory controls.
Train, develop, assist and instruct subordinate employees according to company policy and sound employee relations.
Maintains the control environment following Parker Accounting Policy and Compliance.
The essential functions have been provided as example of the type of work performed by employees assigned to this job classification. The company reserves the right to modify the work assignments and/or to make reasonable accommodations so that qualified employees can perform the essential functions. The job description is not intended to be an inclusive list of duties and responsibilities. It is intended to describe the general nature of the position.
Qualifications
Bachelor’s in Accounting
4 years of Accounting
Experience Proficient in Microsoft Office (Excel, Power Point, and Word)
Certification or Advanced Degree preferred
PowerBI Experience Preferred
Equal Employment Opportunity
Parker is an Equal Opportunity and Affirmative Action Employer. Parker is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job related reasons regardless of race, ethnicity, color, religion, sex, sexual orientation, age, national origin, disability, gender identity, genetic information, veteran status, or any other status protected by law. However, U.S. Citizenship, Permanent Residency or other appropriate status is required for certain positions, in accord with U.S. import & export regulations.
(“Minority / Female / Disability / Veteran / VEVRAA Federal Contractor”)
If you would like more information about Equal Employment Opportunity as an applicant under the law, please go to Know Your Rights: Workplace Discrimination is Illegal (eeoc.gov) and Genetic Information Discrimination
Drug Tests
Drug-Free Workplace
In accordance with Parker’s policies and applicable state laws, Parker provides for a drug-free workplace. Therefore, all applicants seeking employment with Parker will be subject to drug testing as a condition of employment.
