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IPS Corporation · 3 days ago

Staff Accountant

Downers Grove, IL

Full-time

Hybrid

Entry, Mid Level

$68K/yr - $73K/yr

2+ years exp

IPS Corporation is a global, market-leading provider of solvent cements and specialized plumbing products. The Staff Accountant plays a pivotal role in the finance team, managing financial transactions, preparing reports, and ensuring adherence to accounting principles and company policies.

ElectronicsHardwareManufacturing

Responsibilities

Prepare and post recurring journal entries

Prepare accruals for AP, tax, audit, IT, and professional fees

Ensure BOD fees are properly expensed

Prepare reconciliations

Support audit requests and documentation

Circulate and review CIP (Construction in Progress) lists with Finance Directors (FDs)

Capitalize CWIP based on analysis and ensure proper classification

Manage PP&E roll forward and send MTD CIP activity to Treasury

Inquire and track new leases entered in the past month

Set up leases based on expense analysis and EZ Lease data

Maintain lease roll forward and ensure compliance with ASC 842

Amortize intangibles and ensure proper I/C elimination

Allocate and amortize Workers Comp and Misc. Insurance

Amortize various prepaid expenses

Qualification

General Ledger AccountingAccounting PrinciplesBusiness Accounting SoftwareMicrosoft ExcelAttention to DetailAnalytical SkillsMultitaskEffective CommunicationOrganizational AbilitiesProblem-Solving SkillsInterpersonal Skills

Required

Bachelor's degree in accounting, finance, or a related field

2+ years of previous general ledger accounting experience required

1+ Years using business accounting software/ ERP systems

Knowledge of accounting best practices and Generally Accepted Accounting Principles (GAAP)

Attention to detail and strong organizational abilities

Ability to work independently, navigate with ambiguity, and ask for assistance as needed

Effective communication and interpersonal skills

Strong interpersonal skills, and ability to communicate professionally, both orally and in writing

Ability to multitask and work in fast paced environment

Excellent analytical and problem-solving skills

Preferred

Experience with J.D. Edwards (Enterprise One), Sage Fixed Assets

Experience in General Ledger Accounting

Demonstrated strong Microsoft Excel skills

Demonstrated experience with Lean Manufacturing, Kaizen, Problem Solving Process, etc

Knowledge and/or experience in other accounting functions not limited to: Accruals, Prepaids, Fixed Assets, Balance Sheet Reconciliations, Payroll Accounting, and Cash

Experience in manufacturing industry