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Staff Accountant - job 1 of 2

Company Description

At ITW Food Equipment Group, people and food are our passion. We believe great food brings people together, and the relationships we share feed our inspiration to be the best we can be for one another.

Our family of premium brands has been dedicated for more than a century to supporting those who are not only passionate about creating great food but are inspired by the people they serve and come to know on a daily basis.

Likewise, it is our mission to provide food equipment that foodservice and food retail professionals can trust to work hard and deliver quality, consistent results day in and day out, empowering them to focus on what they love most—creating great food for great people.

ITW offers its employees a path for advancement, a competitive salary, and a comprehensive benefits package designed to help employees care for themselves, their families, and their futures.

We are looking for an experienced accountant to join our team in Troy, Ohio.  This position reports directly to the Accounting Manager and will work directly with the members of Hobart Sales & Marketing accounting/finance team.  The position will require frequent contact with both internal and external personnel that will require professionalism, courtesy and tact.  The position requires a highly organized individual capable of multitasking in a fast-paced environment.  They will be a self-starter capable of independent work and possess attention to detail, focusing on accuracy.

 

 

 

Job Description

Job Responsibilities

 

  • Process AP Invoices, verifying that the correct approvals are included on/with the invoice
  • Responsible for verifying any address or bank account changes received with the vendor
  • Responsible for approval signatures for those changes and maintaining the tracking log
  • Preparing all wire transfer payments for review with supporting documentation
  • Preparing month reconciliations for the Cash Accounts, Accounts Payable, In-Transit inventory and other assigned Reserve Accounts
  • Work with Cash Application to ensure that Cash Receipts account is in balance and resolve any issues promptly
  • Preparing Journal entries for travel cards, P Cards and other assigned Journal entries
  • Manage the amortization of all maintenance contracts and manage our prepaid show account.
  • Prepare Journal entries for month amortization amounts, working with IT to make sure new contracts are received
  • Verifying the Show invoices received include the month the show is to take place, prepare journal entries in the month that the show happens
  • Manage & Maintain Fixed Assets
  • Add and Dispose of Fixed Assets
  • Run and Record Monthly Depreciation
  • Manage Fixed Asset audit as required by policy
  • Calculate the month Sales & Use Tax for the State of Ohio, prepare the journal entry
  • Perform month-end closing procedures and reporting
  • Assist both internal and external auditors during audit engagements
  • Engage in assigned projects focusing on continuous improvement by applying key 80/20, PLS, and USa principles and techniques. Make process improvement/efficiency recommendations. Champion the use of the ITW toolbox
  • Maintain good internal control procedures to safeguard company assets in accordance with ITW Financial Policy and US GAAP
  • Other duties may be assigned

Qualifications

Minimum Qualifications

  • Bachelor’s degree in accounting or business administration with an emphasis in Accounting required
  • Minimum 1 year accounting experience in related field, audit experience a plus
  • High level of accuracy and attention to detail
  • Excellent data entry, organizational, and problem-solving skills
  • Capable of working independently and managing to deadlines
  • Able to be diversified, to multi-task, and to prioritize
  • Must be proficient in MS Office Suite with highly advanced Excel skills including the ability to create and edit pivot tables, charts and graphs.
  • Knowledge of US GAAP reporting and experience in their application
  • Must possess a strong willingness to learn and high-level of curiosity with the proven ability to self-teach

Preferred Qualifications

  • Proficient in the use of ERP systems

Additional Information

ITW is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to sex, gender identity, sexual orientation, race, color, religion, national origin, disability, protected veteran status, age, or any other characteristic protected by law.

The base salary pay range for this position is noted below.  The specific pay rate upon hire will depend on a combination of work location and the successful candidate’s qualifications and prior experience

$64,000 - $92,000

We do not accept unsolicited resumes. To be considered an applicant, please apply online to a specific job posting.

If you are a qualified individual with a disability and are unable or limited in your ability to use or access the online application system process due to your disability, please click here for information on how to contact us directly. 

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.  

 

 

 

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.  

Average salary estimate

$78000 / YEARLY (est.)
min
max
$64000K
$92000K

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 Staff Accountant, ITW

At ITW Food Equipment Group, we're passionate about people and food! We’re looking for a dedicated Staff Accountant to join our dynamic team in Dayton, OH. This role is perfect for someone who thrives in a fast-paced environment and relishes the opportunity to handle a range of accounting tasks while contributing to our mission of delivering quality food equipment. As a Staff Accountant, you'll tackle responsibilities like processing AP invoices, conducting monthly reconciliations for cash accounts, and preparing journal entries. Your keen eye for detail will be vital as you ensure accuracy in all financial reporting and manage fixed assets, including their monthly depreciation. If you excel at multitasking and have outstanding organizational skills, you’ll find yourself at home while working closely with both internal teams and external auditors. At ITW, we believe in investing in our team members, offering competitive salaries and a comprehensive benefits package to support your well-being and career growth. You'll not only find task-related challenges but also opportunities for continuous improvement and making genuine impacts within our organization. Ready to combine your love for accounting with a company that shares your passion for food? If you've got a Bachelor's degree in accounting and a knack for accuracy, we want to hear from you!

Frequently Asked Questions (FAQs) for Staff Accountant Role at ITW
What are the responsibilities of the Staff Accountant role at ITW Food Equipment Group?

As a Staff Accountant at ITW Food Equipment Group, you will be responsible for processing AP invoices, preparing monthly reconciliations for various accounts, managing fixed assets, and ensuring compliance with internal control procedures. You'll also work closely with external auditors and assist in month-end closing procedures.

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What qualifications are needed to apply for the Staff Accountant position at ITW Food Equipment Group?

To apply for the Staff Accountant position at ITW Food Equipment Group, you need a Bachelor’s degree in accounting or business administration with an emphasis in accounting. Additionally, a minimum of one year of related accounting experience is required, while audit experience is a plus.

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What software skills are essential for the Staff Accountant position at ITW Food Equipment Group?

Proficiency in the MS Office Suite is essential for the Staff Accountant role at ITW Food Equipment Group, with advanced Excel skills required, including the ability to create and edit pivot tables, charts, and graphs. Familiarity with ERP systems is also preferred.

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How does ITW Food Equipment Group support its Staff Accountants in their professional development?

ITW Food Equipment Group is committed to professional development. As a Staff Accountant, you'll have access to various career advancement opportunities, training resources, and a supportive workplace culture aimed at helping you reach your full potential.

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What is the salary range for the Staff Accountant position at ITW Food Equipment Group?

The base salary pay range for the Staff Accountant position at ITW Food Equipment Group is between $64,000 and $92,000, depending on work location, qualifications, and prior experience.

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Common Interview Questions for Staff Accountant
What accounting software have you used in your previous roles?

When answering this question, highlight the accounting software you've utilized, such as QuickBooks or ERP systems. Emphasize your ability to adapt to new tools, which is crucial for a Staff Accountant position at ITW Food Equipment Group.

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Can you explain the process you follow for month-end closing?

In your response, outline the steps you take for month-end closing, like reconciling accounts, adjusting entries, and generating financial statements, showing that you have a structured approach to accounting tasks.

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Describe a significant challenge you've faced in an accounting role and how you handled it.

Share a specific instance where you encountered an unexpected issue, discussing your problem-solving skills and any collaborative efforts that led to a successful resolution.

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What experience do you have with financial reporting?

When discussing your financial reporting experience, mention any relevant reports you’ve prepared, ensuring you tie this to the requirements of the Staff Accountant role at ITW Food Equipment Group.

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How do you ensure accuracy in your work?

Discuss your attention to detail and the methodologies you implement to double-check your work, such as reconciliations or peer reviews, which is critical for the accuracy required in the Staff Accountant position.

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How would you prioritize multiple tasks with tight deadlines?

Illustrate your organizational skills and ability to prioritize tasks based on urgency and importance, sharing examples of your experiences in handling multiple deadlines in a previous accountant role.

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What do you know about ITW Food Equipment Group?

When answering, highlight your understanding of ITW’s mission, values, and key offerings in food equipment, showcasing research that aligns with your enthusiasm for the Staff Accountant position.

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How familiar are you with US GAAP principles?

Explain your educational background and practical experience with US GAAP, providing examples of how you’ve applied these standards in your previous accounting work.

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Can you explain how you handle discrepancies in accounts?

Detail your systematic approach to identifying, investigating, and resolving discrepancies, emphasizing the importance of accuracy and compliance within the Staff Accountant role.

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What are your long-term career goals as an accountant?

In your answer, express your aspirations for growth within the accounting field, such as pursuing further certifications or advanced positions, demonstrating your commitment to your profession and your future at ITW.

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You see ITW’s Values -- Integrity, Simplicity, Trust, Respect & Shared Risk – in action every day in how we treat each other and how our leaders lead.

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Full-time, on-site
DATE POSTED
December 3, 2024

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