Staff Accountant/Accounts Receivable Specialist

Illinois Tool Works, Inc.; Carol Stream (IL); On-site; USD 66,000 - 75,000; Full time

Benefits offered by this job

Health benefits

Dental & vision

Paid time off

Retirement plan

Professional development

Collaborative environment

Job summary

Illinois Tool Works, Inc. is seeking a detail-oriented Staff Accountant/Accounts Receivable Specialist to join our accounting team in Illinois.

This role combines general accounting duties with day-to-day accounts receivable management to ensure accurate and timely billing processes. You will handle customer communications, post journal entries, reconcile ledgers, assist with month-end close, and support the Accounting Manager on special projects.

Qualifications

• 2-5 years of accounting experience with emphasis on accounts receivable.
• Strong understanding of basic accounting principles and GL processes.
• Experience with accounting software and MS Excel; attention to detail.

Responsibilities

• Manage accounts receivable process and monitor balances.
• Communicate professionally with customers on balances and payment status.
• Post journals, maintain GL accounts, and assist month-end close.
• Research billing questions and resolve discrepancies with customers.

Skills

Accounts receivable

Excel

General ledger

Attention to detail

Education

Bachelor's degree in accounting, finance, or related field

Tools

SAP

Accounting software

Job description

Job Description

We are seeking a detail-oriented and organized Staff Accountant/Accounts Receivable Specialist to join our accounting team. This position will be responsible for a combination of general accounting duties and the day-to-day management of accounts receivable.

Key Responsibilities

Accounts Receivable

• Manage the accounts receivable process
• Communicate professionally with customers regarding account balances and payment status.
• Apply customer payments accurately and in a timely manner.
• Monitor customer accounts and follow up on outstanding balances.
• Research and resolve customer billing questions, discrepancies, and payment issues.
• Process credits, adjustments, and other account changes as authorized.

General Accounting

• Prepare and post journal entries and maintain accurate general ledger accounts.
• Perform monthly account reconciliations.
• Assist with month-end and year-end closing procedures.
• Review transactions for accuracy and proper account coding.
• Assist with accounts payable and other accounting functions as needed.
• Prepare supporting schedules and reports for management and financial reporting.
• Assist with maintaining accurate and organized accounting records.
• Support the Accounting Manager with special projects and financial analysis as needed.

Requirements

• Bachelor's degree in accounting, finance, or related field.
• 2-5 years of accounting experience, with experience in accounts receivable strongly preferred.
• Strong understanding of basic accounting principles and general ledger processes.
• Experience with accounting software and Microsoft Excel.
• Excellent attention to detail and accuracy.
• Strong organizational and time-management skills
• Ability to communicate professionally with customers and internal team members.
• Ability to independently manage priorities and meet deadlines.
• Strong problem-solving and reconciliation skills.

Preferred Qualifications

• Experience with SAP a plus
• Experience with collections and customer account management.
• Experience assisting with month-end close.
• Intermediate Excel skills, including sorting, filtering, formulas, and pivot tables.
• Prior experience in a Staff Accountant or similar accounting role.

Key Competencies

• Accuracy and attention to detail
• Accountability and follow-through
• Organization and time management
• Professional communication
• Customer serviceProblem solving
• Confidentiality and integrity
• Ability to work independently and as part of a team.

What We Offer

• Competitive compensation
• Health, dental, and vision benefits
• Paid time off and holidays
• Retirement plan
• Professional development opportunities
• Collaborative work environment

Salary Range

$66,000-$75,000 annually, depending on experience and qualifications

Compensation Information

$66,000-$75,000 annually, depending on experience and qualifications

Equal Opportunity Employer

We are committed to providing equal employment opportunities to all qualified applicants.

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.