Staff Accountant

IDEAL INDUSTRIES, INC; Sterling (MA); On-site; USD 67,000 - 90,000; Full time

Benefits offered by this job

Medical, Dental & Vision Insurance

Education Reimbursement

Wellness Programs

401k with Company Match

Cash Balance Pension Plan

Job summary

Anderson Power Products, part of IDEAL INDUSTRIES, Inc., is seeking a Staff Accountant focused on accounts receivable and general accounting. You will manage cash applications, invoicing support, collections and balance sheet reconciliations in a fast-paced environment.

You will collaborate with Customer Service, Sales and accounting teams, preparing reports and assisting with month-end close and audits as needed. Strong communication and multitasking are essential.

Qualifications

• Degree in Accounting/Finance preferred.
• 3+ years in accounting or accounts receivable.
• Knowledge of AR processes and accounting principles.
• Proficiency with ERP systems and Excel.
• Strong analytical, organizational and problem-solving skills.
• Excellent communication and customer service.

Responsibilities

• Manage AR aging and follow up on past due balances.
• Process cash receipts, apply payments, reconcile deposits.
• Prepare AR reports for management.
• Support credit decisions with required info.
• Coordinate with Customer Service and Sales to resolve issues.

Skills

Accounts receivable

ERP systems

Excel

Analytical skills

Communication

Multitasking

Education

Bachelor's or Associate degree in Accounting/Finance

Tools

ERP systems

Microsoft Excel

Job description

ANDERSON POWER PRODUCTS®, a wholly owned subsidiary of IDEAL INDUSTRIES, Inc., is an industry leader in the design and manufacture of electrical power connectors. Anderson Power Products partners with leading edge companies to create innovative connector designs that leverage contact technology and high power expertise to provide superior value to the power electronics industry. Applications include leading edge technology and next generation power requirements in industries such as alternate energy (wind, solar, fuel cell), datacenter and server power supply design and electrical distribution, electric vehicles, LED lighting, and battery charging. This is your chance to join a dynamic company that strives to provide a workplace where employees feel empowered, valued, stimulated, and connected to the business.

The Staff Accountant is primarily responsible for managing all aspects of the accounts receivable cycle, including customer account maintenance, invoicing support, cash application, collections, dispute resolution, credit-related activities, and account reconciliations. The role works closely with Customer Service, Sales, and customers to resolve payment issues, improve cash flow, and maintain positive business relationships. In addition, this position supports the accounting team with selected month-end close activities, balance sheet reconciliations, and other general accounting responsibilities as needed. Success in this role requires strong attention to detail, analytical skills, effective communication, and the ability to manage multiple priorities in a fast-paced environment.

RESPONSIBILITIES

Accounts Receivable (Approximately 70%)

• Manage the cash application process by obtaining payment and remittance information from bank portals, recording customer receipts, reconciling deposits, researching unapplied cash, and resolving discrepancies to maintain accurate customer account balances
• Monitor accounts receivable aging and proactively follow up on past due balances and maintain communication with customers.
• Maintain customer account records, perform account reconciliations, and respond to customer inquiries regarding account status.
• Manage customer electronic invoicing requirements, including uploading invoices to customer portals, monitoring invoice status and resolving submission issues.
• Review customer credit exposure and provide information to support credit decisions.
• Partner closely with Customer Service and other internal departments to resolve customer account issues, support timely collections, and ensure a positive customer experience.
• Support cash forecasting through analysis of expected customer receipts.
• Prepare weekly AR aging and collection reports for management review.

General Accounting (Approximately 30%)

• Prepare assigned journal entries and supporting schedules.
• Perform monthly balance sheet account reconciliations and investigate variances.
• Reconcile bank accounts and cash-related balances.
• Assist with sales and use tax filings and supporting schedules.
• Participate in month-end and year-end close processes.
• Prepare audit schedules and provide support for internal and external audit requests.
• Provide backup support for other accounting functions as needed.

QUALIFICATIONS:

• Associate's or Bachelor's degree in Accounting, Finance, or related field preferred.
• 3+ years of accounting and/or accounts receivable experience.
• Strong knowledge of accounts receivable processes and accounting principles.
• Proficiency with ERP systems and Microsoft Excel.
• Strong analytical, organizational, and problem-solving skills.
• Excellent communication and customer service skills.
• Ability to manage multiple priorities and meet deadlines.

The expected salary for this position is between $66,932.00 and $90,023.00. This range represents a good faith estimate for the position and actual compensation will be based on numerous factors including knowledge, location, skills, training and experience.

Anderson/IDEAL employees enjoy a wide range of valuable benefits including:

• Medical, Dental & Vision Insurance
• Education Reimbursement
• Wellness Programs
• 401k with Company Match
• Cash Balance Pension Plan

Anderson/IDEAL values rest, personal time and community involvement facilitating these through several paid time off programs including:

• Vacation
• Personal Days
• Volunteer Time
• Holidays
• Parental Leave

IDEAL INDUSTRIES, INC. is proud to be named one of America’s Top 100 Most Loved Workplaces by the Wall Street Journal and an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status. We know when you honor relationships, success for all will follow. To learn more about us, visit www.andersonpower.com or www.idealindustries.com