Junior Accountant in Itasca, IL at ITW Specialty Products

Date Posted: 9/11/2019

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Itasca, IL
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    9/11/2019

Job Description

Company Overview

ITW (NYSE:ITW) is a Fortune 250 global multi-industrial manufacturing leader with revenue totaling $14.8 billion in 2018. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW has nearly 50,000 dedicated colleagues in operations around the world who thrive in the company’s unique decentralized and entrepreneurial culture.

Hi-Cone, a division of ITW, is a leading supplier of plastic-based multi-packaging systems for global beer, soft drink and general products industries. We are advocates of packaging alternatives that generate sustained margin contributions for our customers and major retailers. Our customers demand maximum quality, exceptional value, market performances and innovation. We meet those demands by offering cost-effective minimal packaging responsive to environmental concerns.

Position Summary:

As a key member of the finance team, the Junior Accountant reports to the U.S. Controller and is responsible for assisting with everyday functions and tasks of the team, entering AP invoices, cash application, collections, invoicing and more. Successful performance and professional development in this role may lead to professional growth at ITW.

Primary Responsibilities:

  • Processes Accounts Payable invoices and maintains supplier contact
  • Manages cash application
  • Processes customer invoices and credit memos
  • Effectively communicates and coordinates the exchange of financial information to key stakeholders
  • Reports monthly Accounts Receivable (AR) aging reports and maintains aged balances within targets
  • Maintains customer contact to collect all outstanding payments
  • Manages and reports Sales & Use tax and tax audit requirements
  • Performs Accounts Payable disbursements
  • Performs month-end closing procedures and reporting
  • Completes other requests as needed

Job Requirements:

  • Bachelor’s degree in Accounting or Finance required; recent graduate with upward career aspirations
  • 1-2+ years of accounting experience including general and cost accounting, preferably in a manufacturing environment
  • Proficiency with standard office word processing, spreadsheets, and database software
  • Understanding and application of accounting principles/practices
  • Ability to analyze financial data
  • Excellent communication, written and presentation skills
  • Must be able to multi-task, work under pressure and meet deadlines required

ITW is an equal opportunity/affirmative action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.