Staff Accountant

ITW•Carol Stream, IL

12d•Onsite

About The Position

Located in Carol Stream, IL the Staff Accountant role is responsible for supporting the organization’s financial integrity through the preparation and maintenance of accurate financial records. This role will create and maintain monthly journal entries and account reconciliations to ensure timely and accurate financial reporting. This position will act as a business partner for the ITW Graphics IDS accounting Team as well as external stakeholders including banks, customers and vendors.

Requirements

Bachelor’s degree in accounting is preferred, or five years of accounting study with related practical experience including significant computer utilization
Strong organizational and interpersonal skills
Strong attention to detail
Analytical, inquisitive and crisp in explaining the story behind the numbers.
Strong ability to understand macro and micro trends and quickly discern inaccuracies.
Demonstrated ability to communicate (verbal/written) effectively with customers, suppliers and all employees as well as an ability to deliver results through others.
Ability to exercise independent and sound judgment and solve practical business problems in a prompt manner often under tight deadlines.
Enthusiastic self-starter with the ability to function under minimal supervision.
Proven track record of collaboration skills, personal accountability, effective listening skills, and approachability.
Proven ability to apply ITW principles in a financial environment.

Responsibilities

Maintain Accurate records of Fixed Assets
Creating financial back up for CIP Projects
Enter CIP Projects into CAPEX Site and manage the process
Track costs to ensure we are staying under Capital amount- bring to attention if off track
Once fully operational, paid and signed off capitalized assets
Run Monthly Deprecation
Post Monthly Depreciation and Reconcile Process
Weekly/Biweekly payroll
Pull Payroll reports weekly
Combine weekly payroll for Monthly Journal Entry (Verify Commission)
Verify reports match what was paid out of bank
Calculate Accrued Payroll
Post Payroll and Accrued Payroll Entries
Maintain and Record Sites Purchase and Travel Cards
Approve for final payment to bank
Export P Card and Travel Card Data to create monthly expense Journal Entries
Monthly Accruals/ Reconciliations
Vacation Monthly Benefit Entry
LTO/CAP Deferred Revenue_ Interest Income Rec
Prepaid Accounts
Accrued Liabilities
Monitor Service
Create New Service Contracts- End Expiring/ Cancelled Contracts
Mange Accurate list of Service Items
Provide backup for A/P (Invoice entry) and A/R (Cash Application/ Invoice & Credit Creation) activities
Apply the ITW Principles 80/20 and USa to eliminate complexity and improve profitability of the company.
Other projects and responsibilities as required