Staff Accountant in Gallatin, TN at ITW

Date Posted: 8/1/2018

Job Snapshot

Job Description

Staff Accountant – CIP Gallatin, TN 


We are a growing company in the automotive industry that's offering a wonderful opportunity for professional development as an accounting & financial professional. If you like solving problems and playing a role in helping operations drive strategic initiatives,
then this will be worth exploring!


Business Description: 

CIP(California Industrial Products) is a $100M business unit of ITW  Automotive segment. CIP specializes in the design and manufacturing of fasteners and related products. ITW CIP fasteners can be found on vehicle platforms around the world – securing fenders,
bumpers, chassis assemblies, doors, interior components and much more.

 The business unit drives profitability by leveraging its innovative solutions and application engineering.  In addition to ITW’s industry leading research and development capabilities, CIP enhances our customers’ competitive advantage by…

•Maintaining advanced engineering and manufacturing facilities

•Exchanging product, process and benchmarking information with sister units worldwide.

•Continually improving processes, material and designs to ensure every product exceeds customer specifications while providing unparalleled value.


Position Summary:

This is a newly created Staff Accountant position and will offer growth potential and exposure to full cycle accounting. You will be mentored and trained from a strong leader and contribute to the overall success as this company continues to grow.  The ideal
candidate will learn the internal functions of the Accounting department from the ground up, assuming full responsibility for Accounts Payable and Payroll time processing as well as cost accounting functions.  The successful candidate will have prospect for
continued growth and opportunities for expanded responsibilities.


Job Responsibilities:

  • Timely processing and payment of accounts payable invoices
  • Accurate and consistent invoice coding
  • Secure all available early pay discounts
  • Review and approve expense reports; weekly journal entries
  • Review and approve p-cards; monthly journal entries
  • Review and transmit weekly hours to Corporate Payroll for hourly associates
  • As required, assist employees in understanding their paycheck (hours paid)
  • Maintain current inventory costs and coordinate annual cost roll
  • Calculate monthly inventory grading (active, slow, obsolete)
  • Maintain monthly accruals (XRCR, P. Freight, OSP Freight, Travel, etc.)
  • Provide visibility to plant management of key metrics throughout the month (expedite shipments and associated cost, scrap, overtime) as compared to forecast.
  • Take an active role in month-end closing, including journal entries, account reconciliations.
  • Prepare financial analysis as required
  • Recommend ways to improve, simplify or eliminate tasks in the department
  • Assist in implementation of Document Management System
  • Participate in ITW Toolbox Initiatives within the business (80/20, USa, PLS)
  • Other projects as needed.

Job Requirements

Required Qualifications


To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.  The requirements listed below are representative of the knowledge, skill, and/or ability required.  Reasonable accommodations may be made to enable
individuals with disabilities to perform the essential functions.

  • Bachelor’s Degree in Accounting or Finance; CMA or CPA designation is a plus
  • 1-2 years accounting experience in a manufacturing environment
  • Accounts Payable and/or Payroll time processing experience helpful
  • Excitement to work in a fast-paced environment that's deadline driven and focused on creating a value-added partnership with operations
  • Drive and excitement to grow and develop as an accounting professional
  • Strong analytical and problem-solving skills are necessary
  • Attention to detail and a high level of accuracy is a must
  • Ability to manage and prioritize daily functions as well as the ability to multi task is critical
  • Exceptional written and verbal communication skills required
  • Ability to communicate effectively with all levels in the organization and work well within a team
  • Maintain confidentiality about data such as budgeting information, operational results, and profit margin
  • Administer and adhere to accounting policies and divisional procedures
  • Strong computer skills: Microsoft Office (Excel, Word, Power point) Proficiency in MS Excel and the ability to manage large data sets using VLOOKUP’s and Pivot Tables
  • Experience with PRMS or another AS400 based computer system is a plus