Staff Accountant

Turck Inc • Minneapolis, MN

87d

About The Position

WORKING UNDER LIMITED SUPERVISION, THE STAFF ACCOUNTANT PERFORMS SKILLED TECHNICAL ACCOUNTING DUTIES, INCLUDING REPORTING, DAILY SUPPORT OF ACCOUNTS PAYABLE AND ACCOUNTS RECEIVABLE ERROR RESOLUTION, ENSURING BALANCE SHEET ACCOUNTS ARE RECONCILED ON A TIMELY BASIS, PARTICIPATING IN MONTH-END CLOSE AND ENSURING ACCURATE PRESENTATION OF THE COMPANY’S FINANCIAL STATEMENTS, SUPPORTING THE ANNUAL AUDIT, AND DRIVING PROCESS IMPROVEMENTS. The incumbent is responsible for the accuracy of his/her own work and for providing training and work direction to lower-level technical accounting and clerical staff. Requires the ability to properly handle strictly confidential material and to work relatively independently.

Requirements

• BS/BA in Accounting, Finance, or a related field.
• Two or more years of accounting experience, including knowledge of US GAAP.
• Demonstrated experience working with accounting and month-end close activities in a major ERP system.
• Must be highly proficient with Microsoft Office software, especially Microsoft Excel.
• Demonstrates impeccable ethics and integrity.
• Requires the ability to prioritize multiple tasks in a changing environment with strong attention to detail.
• Demonstrated analytical and problem-solving skills.
• Strong organizational and communications skills.

Responsibilities

• Support Finance team members in resolving issues related to accounts payable.
• Monitor and track sales and use tax obligations across applicable states.
• Prepare and submit monthly sales and use tax payments in accordance with state deadlines.
• Clear the GR IR account by identifying and carrying out proper actions to minimize outstanding balances.
• Communicate with vendors, purchasing, or receiving departments in a professional manner.
• Serve as a backup for invoice processing.
• Code lease invoices to the appropriate general ledger accounts and cost centers.
• Review and code rent payable invoices to the appropriate general ledger accounts and cost centers.
• Support the accounting and reporting for fixed assets in SAP.
• Maintain and process capital expenditure requests.
• Create and maintain internal orders to capitalize assets.
• Process disposals of assets as required.
• Respond to questions related to fixed assets.
• Produce accurate reports related to fixed asset activity from multiple asset books.
• Reconcile asset subledgers to various general ledgers.
• Participate in physical inventory activities for fixed assets.
• Provide all reporting required for the annual tax return and all audits.
• Assist Mexico with items related to fixed asset accounting.
• Monitor and apply updates to tax depreciation regulations.
• Ensuring accurate configuration and compliance within SAP fixed asset modules.
• Support other Finance team members in resolving issues related to accounts receivable.
• Review customer accounts and work with sales to resolve payment issues.
• Review daily A/R matching interface and seek to identify opportunities for a higher matching percentage.
• Assist in resolving short payments and debit memos.
• Serve as a backup for cash application to customer accounts.
• Contact customers with collection issues.
• Assist in warranty, rebate, customer returns, accruals, and commissions accounting as needed.
• Complete and submit periodic government surveys.
• Support the company’s commercial card and travel expense program, Concur.
• Enter new lease agreements into the lease accounting system.
• Measure and classify leases in accordance with applicable accounting standards.
• Prepare and post monthly lease-related journal entries.
• Perform quarterly lease account reconciliations and resolve discrepancies.
• Maintain organized documentation for lease entries and reconciliations.
• Contribute to the monthly financial close.
• Assist with preparing quarterly financial consolidations and parent company reporting packages.
• Assist with the preparation of workpapers for the annual audit and other audits as needed.
• Understand and document accounting processes and seek out process improvements.
• Perform other related duties as assigned.

What This Job Offers

• Education Level: Bachelor's degree