Staff Accountant

$75,000 - $90,000/Yr

Illinois Tool Works - Itasca, IL

posted 27 days ago

Full-time - Entry Level
Itasca, IL
10,001+ employees
Transportation Equipment Manufacturing

About the position

Hi-Cone, a division of ITW, is a global leader in ring carrier multi-packaging systems for the Alcohol and Non-Alcoholic Ready-to-Drink (NARTD) beverage markets. We are committed to transforming sustainable secondary packaging, working closely with major Consumer Packaged Goods (CPG) companies to build an eco-friendlier world. If you're passionate about making a difference and pioneering next-generation solutions in multipackaging, you might be the perfect fit for Hi-Cone!

Responsibilities

  • Take full ownership of the accounts payable process by posting journal entries, maintaining accounting periods, and ensuring accurate cost allocations.
  • Manage vendor relationships and invoice processing under the 80/20 principles for 1099 issuance.
  • Maintain CAPEX reports by accurately coding fixed assets to their respective projects for effective Job Cost reporting.
  • Analyze leased machine costs and complete property tax assessments, matching them against our customer machine base.
  • Oversee and report sales and use tax on accounts payable items.
  • Gather and analyze financial data to prepare monthly journal entries, ensuring timely completion of month-end closing procedures.
  • Perform account reconciliations for general ledger accounts, addressing any discrepancies.
  • Play a role in developing and monitoring company internal controls.
  • Assist with other tasks as needed to support the finance team.

Requirements

  • A Bachelor's degree in Accounting or Finance; recent graduates eager to advance their careers are welcome.
  • 2-3 years of accounting experience in a manufacturing setting.
  • Proficiency in standard office tools such as word processing, spreadsheets, and databases.
  • A solid understanding and ability to apply GAAP for compliance and reporting.
  • Strong communication skills and a collaborative, self-directed work style.
  • Ability to multitask, handle pressure, and meet deadlines efficiently.

Benefits

  • Competitive Health, Dental, and Vision Insurance with low monthly payments.
  • Life Assistance Program with a variety of services and discounts.
  • Basic Life Insurance for you and your dependents provided by ITW with additional Insurance available.
  • Short- and Long-Term Disability paid for by ITW.
  • 401K plans with Company match.
  • ITW Provides a Gift and Volunteer Match Program for charities of employee's choice.
  • Scholarship Programs to help your children succeed!
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