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Mid-size and growing manufacturing company doing some amazing things is seeking a Senior Accountant. This opportunity is open due to consolidation and expansion.Here's what's great about the Senior Accountant opportunity:• Fast track to Manager role• High visibility to senior leadership and where your voice is heard• Not the same routine everyday...will work on special projects• Collaborative culture, progressive work environment, open to implementing new ideas, and where you can truly make an impact.Senior Accountant Responsibilities:• Assist with timely monthly financial close, financial reporting, consolidations, foriegn currency translations, budgeting, assisting with internal controls, and more• Contribute to implementing/maintaining new accounting standards (revenue recognition, leases, and more)• Assist with upcoming system implementation• Ad-hoc projects as neededDesired Experiennce:• Bachelor's degree in Accounting or Finance required• 3+ years of public accounting and/or industry experience• Global consolidations experience• Enjoy a team oriented, collaborative culture and great benefits including full medical, dental and vision, bonus potential, work-life balance and growth potentialaccountant, "senior accountant", cpa, accounting, close, reporting
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What You Should Know About Senior Accountant, Confidential

Are you ready to take your accounting career to the next level? Join our dynamic team at a mid-size manufacturing company in Hoffman Estates, IL, as a Senior Accountant! This exciting opportunity isn't just about crunching numbers; it's a chance to truly make an impact in a collaborative environment that values your input. As a Senior Accountant, you'll play a key role in our financial processes, helping ensure timely monthly closes, reporting, and consolidations. Your experience in global consolidations will be invaluable as we tackle the complexities of foreign currency translations and budgeting. Not only will you work on regular tasks, but you'll also have the chance to engage in special projects and contribute to implementing new accounting standards. We believe in giving you the visibility you deserve—your voice will be heard by senior leadership, and there's even a fast track to a managerial role for those ready to step up. We're all about creating a progressive work environment, so expect to collaborate with a team that values new ideas and innovative thinking. Plus, enjoy competitive benefits, including full medical, dental, and vision coverage, bonus potential, and a work-life balance that truly supports your lifestyle. If you're a dedicated accounting professional with a Bachelor's degree in Accounting or Finance and at least 3 years of relevant experience, we want to hear from you!

Frequently Asked Questions (FAQs) for Senior Accountant Role at Confidential
What are the responsibilities of a Senior Accountant at the manufacturing company in Hoffman Estates, IL?

As a Senior Accountant at our Hoffman Estates manufacturing company, your responsibilities include assisting with the timely monthly financial close, financial reporting, and consolidations. You will also handle foreign currency translations and budgeting, contribute to the maintenance of internal controls, and engage in ad-hoc projects as needed. Your expertise will aid in implementing new accounting standards, such as revenue recognition and leases, and you'll play a crucial role in an upcoming system implementation.

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What qualifications are required for the Senior Accountant position at the Hoffman Estates company?

The Senior Accountant position at our Hoffman Estates location requires candidates to have a Bachelor's degree in Accounting or Finance. Additionally, a minimum of 3 years of public accounting and/or industry experience is essential. Experience with global consolidations is also highly desirable, particularly within a collaborative team-oriented culture.

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What benefits can a Senior Accountant expect at the manufacturing company in Hoffman Estates, IL?

As a Senior Accountant, you'll enjoy a range of benefits that include full medical, dental, and vision coverage, bonus potential, and a strong commitment to work-life balance. The role also presents a unique opportunity for growth, with a fast track to a managerial position for those who excel, making it an excellent choice for anyone looking to advance their career in a supportive environment.

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How does the Senior Accountant role support the company's financial goals in Hoffman Estates?

The Senior Accountant role is pivotal in achieving our financial goals at the Hoffman Estates manufacturing company. By ensuring accurate and timely financial reporting, assisting with budgeting, and overseeing adherence to internal controls, you are directly impacting our financial health. Your contributions to implementing new accounting standards and streamlining processes will help position the company for ongoing success and sustainability.

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What is the work culture like for a Senior Accountant at the Hoffman Estates company?

The work culture for a Senior Accountant at our Hoffman Estates manufacturing company is one of collaboration, innovation, and inclusivity. We pride ourselves on a progressive work environment where your ideas are welcomed, and teamwork is encouraged. You'll be part of a supportive team that values your opinions and fosters your professional growth while allowing you to engage in diverse projects that keep the work exciting.

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Common Interview Questions for Senior Accountant
Can you describe your experience with monthly financial close processes?

Certainly! When discussing your experience with monthly financial close processes, detail the steps you've taken to ensure accuracy, such as reviewing financial statements, reconciling accounts, and collaborating with cross-functional teams. Highlight specific software tools you’ve used and any methodologies that improved the efficiency of the closing process.

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How do you handle discrepancies when they arise in financial reporting?

When discrepancies occur in financial reporting, it’s crucial to approach the situation methodically. Explain how you would first identify the source of the discrepancy, investigate the details, and collaborate with other departments if necessary. Share an example from your past experience where you successfully resolved a similar issue and the positive outcome that followed.

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What new accounting standards are you familiar with, and how have you implemented them in past roles?

Discuss any experience you have with recent accounting standards such as revenue recognition and lease accounting (ASC 606 & 842). Describe how you adapted processes within your team or organization to comply with these standards, including training sessions you may have conducted or any challenges you overcame.

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Describe your experience with financial reporting software and tools.

When answering about financial reporting software, be specific about the tools you’ve worked with, such as SAP, Oracle, or QuickBooks. Discuss how you’ve utilized these systems to enhance reporting accuracy, streamline processes, and improve overall efficiency in reporting tasks.

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How do you prioritize your tasks during a busy financial close period?

In a busy financial close period, effective prioritization is essential. Detail a specific strategy, such as using checklists or scheduling tasks based on deadlines. Provide an example of a time you managed competing priorities effectively, showcasing your organizational skills and your ability to remain calm under pressure.

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What do you believe is critical for success as a Senior Accountant in a manufacturing context?

Discuss how understanding the specific financial metrics relevant to the manufacturing industry is critical for success, such as gross margin analysis and inventory valuation. Emphasize the importance of being proactive in identifying financial trends and collaborating with other departments to support strategic goals.

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Can you share a time when you improved a financial reporting process?

Provide a specific example of a time you identified inefficiencies in a financial reporting process, and outline the steps you took to improve it. This could include the integration of new technology, restructuring workflows, or modifying communication strategies with stakeholders.

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How do you stay updated with changes in accounting regulations?

Convey your commitment to staying updated with changes in accounting regulations through continuous education—attending webinars, engaging with professional organizations, or reading industry publications. Mention specific resources you rely on to ensure your knowledge is current.

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What is your approach to teamwork in the finance department?

Highlight the significance of collaboration within the finance department, discussing how you foster open communication, share knowledge, and support your teammates. Share an example of a project where teamwork led to a successful outcome, emphasizing your role in the group.

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Why do you want to work as a Senior Accountant at our Hoffman Estates company?

When addressing why you want to work with this specific manufacturing company, tailor your response to reflect your enthusiasm for the company's vision, culture, and growth opportunities. Share how your values align with those of the company and how you see this position contributing to your career aspirations.

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EMPLOYMENT TYPE
Full-time, on-site
DATE POSTED
December 12, 2024

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