Accountant

ITW; United States; On-site; USD 60,000 - 75,000; Full time

Benefits offered by this job

Medical/Dental/Vision

HSA/FSA with company match

Income protection

401(k) plan

Paid time off

Parental leave

Matching gift and volunteer program

Job summary

MTS, a leading global supplier of test and simulation systems, seeks a Staff Accountant for the headquarters in Eden Prairie, MN. The role emphasizes transactional tax and Accounts Receivable within a strong accounting team.

The position involves preparing US/Canada tax reports, managing licenses, processing invoices, and supporting SOX/compliance while leveraging ERP tools like SAP and Avalara. Excellent analytics and communication are required.

Qualifications

• 2 year accounting or related degree.
• Fundamental knowledge of U.S. GAAP accounting concepts and terminology.
• 0-5 years of accounts receivable/credit and collections experience with exposure to general accounting and sales and use tax.
• Strong analytical and problem-solving skills with attention to detail.
• Effective communication skills across functions and levels.
• Bachelor’s degree in Accounting, Finance, or related field preferred.
• Experience with a major ERP system (e.g., SAP) preferred.
• Experience with Avalara or similar transactional tax software preferred.
• Salesforce or other CRM software experience preferred.

Responsibilities

• Prepare monthly sales and use tax reports timely and accurately for U.S. and Canada.
• Maintain tax notices, records, returns, and customer exemption certificates for proper record keeping.
• Prepare, file, and pay business property tax for assets assigned to MTS Field Service Engineers.
• Manage and maintain MTS business licenses and applicable compliance documentation.
• Process customer invoices to online portals and provide customer statements upon request.
• Communicate past due balances to customers and collect payment for outstanding invoices.
• Process customer credit card payments.
• Actively participate in month-end close by preparing journal entries, and reconcile and analyze general ledger accounts.
• Troubleshoot and resolve discrepancies for AR or transactional tax balances.
• Assist with maintaining and improving the internal control environment, including SOX controls and external audit readiness.
• Ensure daily operations comply with internal and external control requirements, and prepare documentation to support audits.
• Utilize the ITW Toolbox and 80/20 philosophy to analyze and simplify finance and accounting processes and workflows.

Skills

Analytical skills

Attention to detail

Effective communication

Education

Two-year accounting degree

Bachelor’s degree in Accounting/Finance

Tools

SAP

Avalara

Salesforce

Job description

Job Description:

Smart People. Smart Ideas. Smart Choice.

MTS is a leading global supplier of test and simulation systems. Formula 1 teams, leading automotive and aerospace companies, and the world’s top researchers in materials and seismic engineering all rely on our systems to determine product reliability and ensure compliance with quality standards. Check out some of our amazing technology here: http://www.youtube.com/watch?v=vXOsvWpTHH4

We’re seeking a Staff Accountant who is highly attentive to detail, self-motivated, and brings a positive team player attitude. This role is a key member of our accounting team at MTS headquarters in Eden Prairie, MN, with a focus on transactional tax and Accounts Receivable.

What You’ll Do:

• Prepare monthly sales and use tax reports timely and accurately for U.S. and Canada




• Maintain tax notices, records, returns, and customer exemption certificates for proper record keeping




• Prepare, file, and pay business property tax for assets assigned to MTS Field Service Engineers




• Manage and maintain MTS business licenses and applicable compliance documentation




• Process customer invoices to online portals and provide customer statements upon request




• Communicate past due balances to customers and collect payment for outstanding invoices




• Process customer credit card payments




• Actively participate in month-end close by preparing journal entries, and reconcile and analyze general ledger accounts




• Troubleshoot and resolve discrepancies for AR or transactional tax balances




• Assist with maintaining and improving the internal control environment, including SOX controls and external audit readiness




• Ensure daily operations comply with internal and external control requirements, and prepare documentation to support audits




• Utilize the ITW Toolbox and 80/20 philosophy to analyze and simplify finance and accounting processes and workflows

What You Bring:

• 2 year accounting or related degree




• Fundamental knowledge of U.S. GAAP accounting concepts and terminology




• 0-5 years of accounts receivable/credit and collections experience with exposure to general accounting and sales and use tax




• Strong analytical and problem-solving skills with attention to detail




• Effective communication skills across functions and levels




• Bachelor’s degree in Accounting, Finance, or related field preferred




• Experience with a major ERP system (e.g., SAP) preferred




• Experience with Avalara or similar transactional tax software preferred




• Salesforce or other CRM software experience preferred

Best in Class Benefits:

• Affordable medical, dental, and vision insurance: http://myitwhr.com/




• HSA/FSA with a company match




• Income protection benefits




• Industry leading 401(k) plan




• Paid time off




• Parental leave




• Matching gift and volunteer program

Get Involved and Give Back:

MTS supports Employee Resource Groups (ERGs) that bring people together to share experiences and ideas, and we’re committed to a diverse, inclusive workplace where everyone can contribute their talents. Through the ITW Hearts Giving Hope Program, employees also have the chance to give back and support families in our communities.

Physical Demands (U.S. only)

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; reach with hands and arms; and talk or hear. The employee is occasionally required to stand; walk; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception, and ability to adjust focus.

Compensation Information:

The compensation for this position ranges from $60,000-$75,000 based on relevant education and experience.

ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential.

As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship.

All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.