Senior Accountant

Power Solutions International; Itasca (IL); On-site; USD 90,000 - 100,000; Full time

Benefits offered by this job

Medical, dental, and vision benefits

Pet insurance

401k match

Life insurance

AD&D

Short- and long-term disability

Employee assistance program

Job summary

Power Solutions International (PSI) in Itasca, IL is seeking a Senior Accountant to ensure the accuracy of ledger entries, reconcile subsidiary ledgers, and support timely financial reporting. The role includes implementing controls around operations and SOX compliance.

Responsibilities include month-end close, balance sheets, P&L, cost analysis, and ad-hoc reporting for audits. A Bachelor's in Accounting/Finance and SEC experience are required; CPA is a plus.

Qualifications

• Bachelor's Degree in Accounting or Finance required.
• Experience at an SEC registrant or with SEC clients.
• Strong understanding of GAAP and financial reporting.

Responsibilities

• Oversee month-end close activities and prepare journal entries.
• Reconcile subsidiary ledgers to the general ledger.
• Prepare complex balance sheets and P&L statements.
• Analyze costs, revenues, and obligations to forecast finances.
• Develop and document accounting policies and controls.

Skills

GAAP proficiency

SEC experience

Staff supervision

Education

Bachelor's Degree in Accounting or Finance

Tools

Epicor ERP

Job description

Job Details

Job Location: IL 1465 - Itasca, IL 60143

Position Type: Full Time

Education Level: Bachelors Degree

Salary Range: $90,000.00 - $100,000.00 Salary

Job Category: Accounting

Salary: $90,000 - $100,000 / year

Power Solutions International (PSI) is a leading manufacturer of emissions-certified powertrains specializing in customized and fully integrated turnkey solutions for the leading global equipment manufacturers in the industrial, transportation, and energy markets manufacturers. Our facilities are housed in one million square feet of engineering, assembly, operations, and distribution space across seven facilities. We are positioned to meet the high production volumes of our customers with added capacity for growth.

Position Summary

The Senior Accountant ensures the accuracy of entries to ledger accounts and reconciles subsidiary ledger accounts to the general ledger. In this role you will maintain financial records and ensure that financial transactions are properly recorded. Additionally, you may review and guide the work of lower-level accountants. The successful candidate will play a crucial role in timely and accurate financial reporting as well as implementation of controls around operations and SOX compliance.

Essential Responsibilities

• Oversee various month-end closing procedures, including preparing journal entries and related supporting schedules
• Specific accounting areas include warranty accruals, company payroll/benefit account review, prepaid items, as well as debt and fixed asset management
• Conduct monthly and quarterly account reconciliations to ensure accurate reporting and ledger maintenance
• Communicate findings as needed throughout the company
• Prepare complex balance sheets, profit and loss statements, and other financial reports
• Analyze current costs, revenues, financial commitments, and obligations incurred to predict future revenues and expenses
• Create financial and accounting ad-hoc reports for analysis by internal and external regulatory audit compliance
• Work on various special projects and perform other accounting assignments as needed
• Develop and document policies, procedures, and workflow for assigned areas of responsibility
• Work with Internal Audit and the Accounting Manager to support the remediation process around internal controls
• Other duties assigned by management

Requirements

• Bachelor's Degree, in Accounting or Finance
• Accounting experience at an SEC registrant company or public accounting firm with SEC clients.
• Proficient understanding of Generally Accepted Accounting Principles (GAAP)
• Experience running financial reports and complex accounting operations with minimum supervision

Preferred Qualifications

• Certified Public Accountant (CPA) or CPA candidate preferred
• Epicor ERP system knowledge
• Manufacturing industry experience

PSI offers a wide range of benefits from medical, dental, and vision to pet insurance as well as discounted prescription plans. Additionally, we also provide a 401k match, life insurance and AD&D, short- and long-term disability, and an employee assistance program. Come join our team and learn more about PSI and what we have to offer!

Power Solutions International/3Pi is an EOE disability/vet company offering a drug-free workplace. We celebrate diversity and are committed to creating an inclusive environment for all employees.