Accounting Supervisor

This is Where Tradition Becomes Legend

Ritchie Engineering Co., Inc. is a family-owned company that has been innovating HVAC & Refrigeration tools and test equipment for more than 75 years. From idea conception through development, production, and shipment; every team member plays a crucial role ensuring the quality, reliability, and efficiency of these American-made products.

What We Offer:

Join our team and enjoy a comprehensive benefits package designed to support you and your loved ones:

Benefits

• 401(k) Retirement Plan: 100% company match with no vesting schedule on up to 4% of your contributions
• Health Insurance: Two Medical Plans, Dental, Vision and Flexible Spending Account options to suit your needs
• Company Paid Insurance: Short-term disability, long-term disability, accidental death and dismemberment, and life insurance at no additional cost
• Paid Time Off (PTO): We value work life balance and offer a generous PTO plan for exempt employees. You will start with 52 hours during the first 6 months, with the accrual increasing to 160 hours annually after 6 months. The accrual rate will continue to increase with tenure up to 202 hours annually after 20 years of service.
• Holiday Pay: In addition to PTO, all employees receive up to 80 hours of paid holidays annually
• Telemedicine: 24/7 access to healthcare professionals for you and your family
• Tobacco Cessation Program: Support to help you quit and maintain a healthier lifestyle
• Referral program: Earn rewards for helping the team grow

Compensation

• As you evaluate your career options, we recognize that salary is a key consideration. For this role, the pay range is $30.00-$40.00 per hour, with individual compensation determined by your unique skills, experience level, and other relevant factors

Schedule:

• Enjoy a 4-day work week, 10-hours a day (Monday–Thursday Between 6:00am and 6:00pm).
  • Additional hours may be required during busier times

What You Will be Doing:

Under the direction of the Controller, the Accounting Supervisor is responsible for directing and coordinating overall operations of Account Receivable (A/R), Credit and Collections, and Accounts Payable (A/P) functions. This person will directly supervise the A/R clerical accounting staff to ensure daily activities are completed timely, accurately, and in line with company processes. The position will also own the entire A/P process from invoice entry to cash requirements preparation. In addition, this role will contribute to monthly and annual financial close proceedings.

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.

• Owns the entire A/P process including 3-way matching and coding of invoices
• Performs supplier statement reviews and resolves supplier discrepancies in a timely manner
• Generates weekly cash disbursement requirements for approval of payment
• Administers corporate credit card program
• Supports Concur Travel & Expense policy compliance and processing
• Prepares and reports annual 1099 process
• Supports fixed asset accounting process and related documentation
• Directly supervises A/R personnel and oversees A/R functions including appraising performance
• Provides Controller with customer credit limit support with information from credit organizations, banks, and company references
• Ensures accounts receivable transactions related to posting of customer payments are made on a timely basis
• Drives timely collection of cash receipts from customers
• Supervises collection accounts that have escalated from the A/R aging process
• Maintains and reconciles accounts receivable and accounts payable sub-ledger accounts including aging reporting to the general ledger monthly
• Provides regular customer/supplier account status reports
• Ensure operations accounting policies and procedures are documented and followed
• Distributes daily mail
• Other duties as assigned including training others on known processes

What You Will Bring:

Required:

• Minimum of 3 years of accounting experience in both accounts payable and accounts receivable in an ERP environment
• 1 year of experience with Microsoft Excel
• Quick and accurate data entry including ten-key
• Strong communication skills to interact with internal and external customers
• Proficiency in reading and writing in English
• Highly organized, self-motivated and can work independently
• Must be highly self-motivated, work with minimal supervision and be able to perform multiple tasks in a fast-paced environment
• Strong interpersonal and leadership skills as well as excellent communication skills (both written and oral) with ability to manage multiple priorities

Preferred:

• Previous supervisory experience preferred
• Post-secondary education in Accounting

Where and How You Will Work

On-site Engagement and Collaboration:

This role works on-site in Bloomington, MN, where your direct contributions will make a real impact. Being in person will allow you to collaborate closely with others, build meaningful relationships, and play a key role in our company success.

Physical Requirements:

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.

• Required to sit, stand, walk, handle or feel objects, tools and controls
• Vision required to inspect products and documents in detail
• Occasionally required to reach with hands and arms, and to stoop, kneel, or crouch
• Must regularly lift and/or move up to 10 pounds; some workstations require lifting and/or moving up to 60 pounds

Work Environment:

The performance of this position may occasionally require exposure to the manufacturing areas where certain areas require the use of personal protective equipment, may work near moving equipment, and exposed to dust, odors, oil, fumes, and noise.