Sr Accountant

our team • Elk Grove Village, IL

11d

About The Position

Building the people that build the world.
With platforms in HVAC and Detection and Measurement, SPX Technologies builds innovative solutions that enable a safer, more efficient, sustainable world.  Through our RiSE talent development framework, we Reach, Identify, Strengthen, and Engage our employees to support them in their continued development.  We’re a global company of problem solvers, collaborators, and innovators, and our businesses build solutions that impact the world. 
As part of Detection and Measurement, Genfare is a leader in configurable fare collection systems in the public transit industry.   By creating high quality equipment and payment systems to improve the rider experience, we empower equitable mobility and provide services to better connect communities.
 What you can expect in this role (Job Responsibilities)
While each day brings new opportunities at SPX, your core responsibilities will be:

Supports the monthly close process by preparing journal entries, completing account reconciliations, and preparing supplemental financial reporting information.
Preparation of revenue recognition models (ASC 606) for customer contracts
Prepare cost variance analysis and associated journal entries.
Update standard costs and ensure accuracy in the Bill of Materials (BOM’s)
Prepare, analyze, and report monthly gross margin analysis by customer, revenue streams, and product lines.
Coordinate the physical inventories and cycle counts.
Prepare periodic inventory reserve calculations.
Maintain pricing model and support pricing activities. 
Assist in resolving sales tax issues and report submissions.
Work on special projects as required.
Support quarterly SOX testing.
Assists with internal and external audits.

Requirements

• Minimum 6 years of accounting/finance experience
• Manufacturing cost accounting experience is preferred.

Nice To Haves

• Proficiency in Excel, experience in manipulating large databases a plus
• Significant hands-on experience using an integrated ERP system
• Solid understanding of manufacturing operations, inventory, general and cost accounting
• Strong analytical, communication, organizational, and problem-solving skills.
• Extraordinary interpersonal skills to work in conjunction with other departments.
• Must be a team player who also works well independently.
• Must be able to analyze data, draw conclusions, interpret results, and make recommendations.
• Thrives in a small team environment with moderate-to-low supervision; high regard for confidentiality; strong analytical skills; positive attitude.
• Bachelor’s degree in accounting/finance or similar discipline.

Responsibilities

• Supports the monthly close process by preparing journal entries, completing account reconciliations, and preparing supplemental financial reporting information.
• Preparation of revenue recognition models (ASC 606) for customer contracts
• Prepare cost variance analysis and associated journal entries.
• Update standard costs and ensure accuracy in the Bill of Materials (BOM’s)
• Prepare, analyze, and report monthly gross margin analysis by customer, revenue streams, and product lines.
• Coordinate the physical inventories and cycle counts.
• Prepare periodic inventory reserve calculations.
• Maintain pricing model and support pricing activities.
• Assist in resolving sales tax issues and report submissions.
• Work on special projects as required.
• Support quarterly SOX testing.
• Assists with internal and external audits.

Benefits

• Generous and flexible paid time off including paid personal time off, caregiver, parental, and volunteer leave
• Competitive health insurance plans and 401(k) match, with benefits starting day one
• Competitive and performance-based compensation packages and bonus plans
• Educational assistance, leadership development programs, and recognition programs

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 501-1,000 employees