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GL Accountant

Job Description

The Company:

Cognex is the global leader in the exciting and growing field of machine vision, with annual revenue approaching $1 Billion.  We are a financially strong international company with a culture that maintains the fast-paced, creative environment of a startup.  Our employees, proudly called “Cognoids,” take their work seriously but don't take themselves seriously.  Our Work Hard, Play Hard, Move Fast culture recognizes our employees for their innovation, perseverance, and hard work in a fun and rewarding environment. 

This is a hybrid schedule role, you will be working 3 days a week in our Natick, MA HQ.

The Team:

As part of the Finance function, the Accounting team plays a critical role in ensuring an accurate reporting of the company’s financial results.  The Finance function has strong business partnerships and influence throughout the company.  We drive financially informed decisions in support of the company’s strategic objectives.  We are investing in advanced analytics capabilities to enhance our data-driven approach to problem solving.  We are focused on process improvement to provide the most efficient transactional support for our customers, vendors, and employees.  The Finance leadership team has a proven track record of talent development.  We invest in our team members and partner with them on their career development by offering a wide range of opportunities, including mentorships, special project assignments, training programs, and executive exposure. 

The Role:

In this position, you will play a key role in ensuring the timely and accurate financial closing of our US-based subsidiaries, as well as the global consolidation of our monthly financial results.  As part of a professional team based out of our corporate headquarters, this is an excellent role to gain a baseline of experience in the Accounting function, with the opportunity to move on to positions of increasing responsibility within the Finance organization.

Essential Functions:

  • Maintain general ledger for US-based subsidiaries, including preparing, reviewing, and posting journal entries.

  • Record and reconcile intercompany transactions and balances. Review subsidiary results.

  • Prepare global consolidation of financial statements, ensuring intercompany eliminations are properly recorded.

  • Prepare monthly account reconciliations and resolve variances in a timely manner.

  • Identify and implement improvements to enhance efficiency and accuracy of accounting processes.

  • Ensure strong internal controls around accounting transactions and compliance with accounting policies.

  • Assist with various ad hoc accounting and reporting projects as needed, including system improvements, data analysis, and supporting external audits.

Knowledge, Skills, and Abilities:

  • Highest standards for quality, accuracy, and meeting deadlines

  • Strong organizational skills and attention to detail

  • Excellent analytical and problem-solving skills

  • Strong interpersonal and communication skills

  • Ability to work cross-functionally and cross-regionally

  • Ability to work under pressure in a fast-paced, dynamic environment

  • Process improvement mindset

Minimum education and work experience required:

  • Bachelor’s Degree in Accounting

  • 3+ years professional experience in Accounting organization

  • Intercompany accounting experience preferred

  • SAP and strong Excel experience preferred

Additional Job Description

Equal Employment Opportunity

Cognex is an equal opportunity employer. Cognex evaluates qualified applicants without regard to race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, protected veteran status, disability/handicap status or any other legally protected characteristic.

Average salary estimate

$90000 / YEARLY (est.)
min
max
$80000K
$100000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About GL Accountant, Cogeco Ontario

Are you ready to step into the dynamic world of finance with Cognex as a GL Accountant? Located in Natick, Massachusetts, Cognex stands at the forefront of machine vision technology, boasting nearly $1 billion in annual revenue. Here, we blend the innovation of a startup with the stability of an established enterprise. As a GL Accountant, you'll play an integral role within our Accounting team, ensuring the accurate and timely financial closing of our US-based subsidiaries and participating in the global consolidation of our financial results. You’ll be responsible for maintaining the general ledger, preparing journal entries, reconciling intercompany transactions, and assisting with various accounting projects that improve efficiency and accuracy. The ideal candidate will thrive in our fun, fast-paced culture, where hard work is celebrated, and personal growth is prioritized. With our commitment to mentorship and career development, you'll find numerous opportunities to advance your skills and move into roles with greater responsibility within our Finance organization. Join us and be a part of something big yet fun, where you can truly learn and grow!

Frequently Asked Questions (FAQs) for GL Accountant Role at Cogeco Ontario
What are the responsibilities of a GL Accountant at Cognex?

As a GL Accountant at Cognex, your primary responsibilities include maintaining the general ledger for US-based subsidiaries, preparing and posting journal entries, and reconciling intercompany transactions. You’ll also be tasked with preparing the global consolidation of financial statements, conducting monthly account reconciliations, and identifying opportunities for process improvements. The role is pivotal in ensuring compliance with accounting policies and facilitating various accounting and reporting projects.

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What qualifications are required for the GL Accountant position at Cognex?

To qualify for the GL Accountant position at Cognex, candidates should possess a Bachelor’s Degree in Accounting and have a minimum of 3 years of professional experience in an accounting organization. Preferred qualifications include experience with intercompany accounting, proficiency in SAP, and strong Excel skills. The ideal candidate will also demonstrate strong analytical skills, attention to detail, and the ability to work in a fast-paced environment.

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How does Cognex support the career development of GL Accountants?

Cognex is dedicated to the professional growth of its employees, particularly those in the GL Accountant role. The Finance leadership team actively invests in development through mentorship programs, special project assignments, and training opportunities. Additionally, employees are encouraged to participate in executive exposure activities, which allow them to gain insights into higher-level decision-making processes.

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What is the work culture like at Cognex for a GL Accountant?

Cognex fosters a vibrant and engaging work culture for its GL Accountants and all employees. Known for a ‘Work Hard, Play Hard, Move Fast’ mentality, employees are encouraged to enjoy their work environment while delivering excellent results. The culture emphasizes collaboration, creativity, and recognition for hard work, making it an exciting place to develop your accounting career.

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What troubleshooting skills are important for a GL Accountant at Cognex?

A successful GL Accountant at Cognex should possess strong analytical and problem-solving skills. This includes the ability to identify discrepancies during reconciliations, resolve variances in a timely manner, and improve existing accounting processes. Being detail-oriented and having a process improvement mindset are essential for effectively navigating challenges and ensuring accurate financial reporting.

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Common Interview Questions for GL Accountant
Can you describe your experience with maintaining general ledgers?

When answering this question, highlight your specific experiences with maintaining general ledgers, including the software you’ve used and the types of transactions you've managed. Be prepared to discuss a time you identified and solved discrepancies, showcasing your attention to detail.

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What processes do you follow for reconciling accounts?

Discuss your step-by-step approach to account reconciliation, including how you gather data, review transactions, and identify variances. Emphasize your experience with specific reconciliation tools and mention any best practices you've developed to ensure accuracy in your work.

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How do you handle tight deadlines during month-end closing?

Share strategies you use to manage your time effectively, such as prioritizing tasks, using checklists, and leveraging technology. Demonstrating your ability to work efficiently under pressure can set you apart as a candidate who thrives in fast-paced environments.

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Describe an improvement you’ve made in an accounting process.

When answering this question, focus on a specific example of a process improvement you initiated, explaining the challenge, the steps you took to implement the improvement, and the positive outcome. This will showcase your proactive attitude toward efficiency.

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How do you ensure compliance with accounting policies?

Highlight your understanding of the importance of compliance in accounting by discussing how you stay updated on policies and regulations. Share any experiences where you ensured compliance in your previous roles or how you have implemented controls within your team.

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What accounting software are you familiar with?

Be specific about the accounting software you have worked with, such as SAP or others. Discuss your level of proficiency and how you have used these tools to enhance your accounting tasks. It helps to connect your experience to Cognex's requirements.

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How do you approach collaborating with cross-functional teams?

Contribution to cross-functional teams is key, especially in roles like a GL Accountant. Provide examples of past collaboration experiences, focusing on how effective communication and understanding team dynamics played a role in achieving shared goals.

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Can you explain a challenging financial situation you've navigated?

Share a specific scenario involving a complex financial issue you’ve encountered and explain how you approached resolving it. This will demonstrate your problem-solving capabilities and analytical thinking, essential for a GL Accountant.

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What methods do you employ for data analysis in accounting?

Discuss your familiar methods for analyzing financial data, such as using Excel for trend analysis or creating dashboards. Highlight how your analytical insights have driven decisions in your past roles.

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Why are you interested in working as a GL Accountant at Cognex?

This is an opportunity to express your enthusiasm for working at Cognex and your alignment with the company’s culture and vision. Discuss how your skills and experiences make you a great fit for the position and how you envision contributing to the team.

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MATCH
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FUNDING
DEPARTMENTS
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
No info
HQ LOCATION
No info
EMPLOYMENT TYPE
Full-time, hybrid
DATE POSTED
April 3, 2025

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