Ensure all a/p and inventory transactions are properly recorded in accordance with corporate policy, procedures and GAAP.
Review and post accounts payable batches in accounting system.
Process all payments including checks, ACH, wire and T&E expense reimbursements within deadlines and proper authorizations.
Reconcile and process intercompany payments through the netting system.
Reconcile freight invoices and prepare monthly freight analysis.
Ensure inventory is being relieved at correct costs are allocated properly to each product line.
Perform monthly cost of sales, ppv and margin analysis for each product line.
Manage the physical inventory process according to company policy. Analyze and reconcile the book to physical inventory. Record adjustments to grading reserves according to company policy.
Record monthly journal entries and prepare all account reconciliations relating to accounts payable, inventory and accruals.
Review departmental reports on a monthly basis to ensure expenses are recorded properly.
Communicate financial results and demonstrate problem-solving skills to key business managers
Prepare various other reports required for corporate such as monthly sourcing/ spending reports.
Become involved in ITW toolbox projects.
Supervise AP Clerk.
Able to take on additional supervisory responsibilities as necessary.
- BA/BS degree in Accounting or Finance.
- Minimum 3 years experience in accounting
- Computer literate. Proficient in Excel and creating spreadsheets. Supervisory experience. Manufacturing experience preferred.
Illinois Tool Works (ITW) hammers out more than just tools, and it operates well beyond the Land of Lincoln. With operations in about...