Senior Accountant

Job Description

Job Description

Senior Accountant

The Reporting to the Controller, performs account functions, ensures internal controls, and supports accounting and reporting system activities such as payroll, accounts payable processing, accurate financial transaction posting, and financial report and statement preparation. Manages bank balances, treasury functions, taxes, and information to meet organizational needs. Performs all work within established guidelines of the company. Active participant in process improvement initiatives. The position is located in our Sterling IL location.

The is a global manufacturer and is the leading supplier of control transformers, serving OEMs and control system builders since 1971. Our ImperviTRAN® encapsulated control transformer is an industry leader. We also offer low voltage transformers and DC power supplies. With a state-of-the-art manufacturing facility, we provide unmatched quality and flexibility for custom orders.

The world relies on us to continually conceive and produce state-of-the-art transformer technology. We currently have an opening for an Sr. Accountant.

Reporting to the Controller, performs various accounting functions, ensures internal controls, controls, and supports accounting and reporting system activities such as payroll, accounts payable processing, accurate financial transaction posting, and financial report and statement preparation. Manages bank balances, treasury functions, taxes, and information to meet organizational needs.

Key Responsibilities Include :

• Ownership of the general ledger, including journal entries and reporting.
• Accounts payable responsibilities including comparing vendor invoices to received items, preparing and monitoring weekly vendor payments, and monthly reconciliation of aging report.
• Responsible for hands-on accounting including monthly close, commission processing and financial reporting; account analyses and tracking key performance indicators (KPIs).
• Work closely with manufacturing team to record and analyze the cost of goods sold, including annual cost roll.
• Annual physical inventory preparation, participation, and evaluation.
• Monitor capital expenditure spending and maintain fixed asset list.
• Communicates and follows up with internal departments to resolve issues.
• Prepare financial and regulatory reports as directed.
• Assist in external audits.
• Evaluate financial reporting systems, accounting procedures and make recommendations for changes to procedures, operating systems, budgets, and other financial control functions.
• Coordinates the periodic upload and download of batches, reports, invoices, and payment forms.
• Provide customer service and support to internal departments and third-party business partners regarding accounting matters, as required.
• Occasionally provide directions to other Finance team members and assist in streamlining existing processes where the position may not have primary ownership.
• Assist in the annual financial plan and quarterly forecasts.
• Capable to design standard and complex ad hoc reports to support senior management.
• Other duties as assigned.

Do you qualify? We are seeking :