Senior Accountant

IMI•Machesney Park, IL

3d•Onsite

About The Position

At IMI, we’re not just creating solutions; we’re building careers. So, unlock your potential: do work that matters, grow with us, and be part of a team shaping tomorrow. Here, you can make a real difference – solving complex engineering challenges that make industries smarter, safer and more sustainable. From the energy that powers homes to the systems that keep the world moving, you’ll help create solutions the world depends on. But it’s not just about the work – it’s about how you grow. We encourage curiosity, make learning part of everyday life, and give you real opportunities to build new skills and move your career forward. We believe in nurturing your wellbeing, too, with strong benefits and flexible policies that help you succeed. At IMI, you’ll find a supportive, collaborative and inclusive environment where you can truly thrive. Role Overview : The Senior Accountant will manage the Company's Finance function by providing financial, administrative, and clerical services. Work closely with the Site Controller to achieve company goals and values. Hands on involvement in preparation of Trial Balance, month end/ year end reporting, processing of AP as well as assets accounting. Business partner to Site and Business unit management with active role in improving transparency on and driving business performance. Drive initiatives to maintain and improve internal control environment.

Requirements

Bachelor’s degree in Accounting or equivalent in experience and/or certification programs.
Minimum of 3-5 years of relevant accountancy and/or management reporting experience.

Responsibilities

Provide accurate and timely internal reporting on operating results and financial condition and support accurate external reporting requirements
Perform hands on administrative, and clerical services that include processing of AP, county taxes administration and period end journals
Create budgets and forecasts, report on variances and communicate to stakeholders
Ensure the adequacy of the accounting system as the basis for reporting to management and to comply with internal and external policies
Oversee monthly Trial Balance and ensure accurate month-end accruals are maintained.
Prepare Business Case analysis for proposed Capital Expenditure and New Product Development projects.
Responsible for development of internal financial reports and supporting accurate external Financial Management Reporting for the site, including COGNOS reporting system and variance analysis.
Develop quarterly forecasts and annual budget in coordination with the site’s Senior Management team.
Monitor and ensure the site’s adherence to the Delegation of Authority document.
Develop annual assumptions used in the calculation of the annual cost roll: purchased material costs, labor rates by resource and overhead burdens.
Participate in Engineering ECO process and resulting ERP maintenance.
Provide financial guidance and accounting leadership for annual physical inventory planning and counting.
Assist in internal and external audit reviews where necessary.
Perform various reconciliations, problem solving and cost accounting as required.
Ensure compliance with all internal policies, relevant local, state, federal, and international regulations, and ensure filings are completed timely.
Develop and oversee the Internal Review function to ensure that finance and operations controls and policies follow Government and IMI controls and policies.
Ensure effective follow up processes are in place.
Ensure appropriate legal review of contracts and solicit internal legal advice as required.
Develop cash flow forecasting and maintain a long-term cash forecast.
Provide guidance to site personnel on accounting and finance issues such as: financial practices, GAAP, IFRS, cost management, supply chain and manufacturing/operations.
Other related duties as assigned.

Benefits

Multiple health plans to choose from: HMO, PPO, and High Deductible Health Plans with a low-cost share
Best-in-class 401K plan with zero vesting and up to 6% contribution matching
14-week maternity leave at full pay (Adoption benefits are equivalent)
4-week paternity leave at full pay (Adoption benefits are equivalent)
Employee Resource Groups that offer community and support, like our Pride Network and Network of Women groups
PTO, encompassing inclusive holidays
Career Development opportunities (IMI’s ‘Catalyst’ Program)
Employer contribution for Health Savings Account, and in many cases free virtual telemedicine, and teletherapy.
Mental Health and wellness programs to support you and your family
Full suite of voluntary benefits to tap into, including but not limited to: Critical illness insurance, hospital indemnity, legal insurance, identity theft protection, and pet insurance or home & auto insurance through our discount advantage platform
Short & long-term disability as well as basic life insurance at 2x your basic salary at no cost to the employee
Free financial advisors, webinars, and classes through Charles Schwab
Annual Employee Stock Purchase Plan with option to purchase IMI shares at a reduced employee only price - no opportunity to lose, only to profit or refund your investment 100%
Benefits plans change year over year, but we have guiding principles in place to ensure our employees have the tools and resources available to stay connected and up to date