What are the responsibilities and job description for the Senior Accountant position at IDEAL INDUSTRIES, INC?
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 Senior Accountant is a key member of the Finance team, responsible for ensuring the accuracy of financial records through detailed inventory analysis, month-end close activities, and audit support. This role contributes to process improvement initiatives and ensures compliance with internal policies and external regulations.
Primary Responsibilities
Anderson/IDEAL employees enjoy a wide range of valuable benefits including:
The Senior Accountant is a key member of the Finance team, responsible for ensuring the accuracy of financial records through detailed inventory analysis, month-end close activities, and audit support. This role contributes to process improvement initiatives and ensures compliance with internal policies and external regulations.
Primary Responsibilities
- Lead inventory reporting and analysis to maintain accurate cost records.
- Collaborate with the finance team to support month-end close processes, including journal entries and account reconciliations to ensure accurate financial accuracy and compliance.
- Conduct transfer pricing analytics.
- Reconcile inventory through cycle count reviews, investigating and resolving discrepancies.
- Prepare documentation and provide explanations for internal and external audits.
- Drive continuous improvement in financial reporting processes and systems.
- Ensure compliance with accounting policies and regulatory requirements.
- Maintain files and documentation in line with corporate policies.
- Assist in developing and maintaining internal control procedures.
- Analyze monthly operating results and identify opportunities for improvement.
- Preparation and filing of various government reports as well as Census Bureau reports.
- Apply LEAN and 80/20 principles to simplify accounting processes.
- Deliver high-quality customer service to internal and external stakeholders.
- Provide backup support for Accounts Receivable, Accounts Payable,Capital and 13-week Rolling Forecast Processes.
- Perform other related duties as needed.
- Bachelor’s degree in accounting, MBA a plus.
- A minimum of 5 years of accounting experience, with a focus on accounts receivable, inventory, and financial analysis.
- Strong understanding of accounting principles, financial reporting, and cash flow forecasting.
- Experience reconciling the general ledger and journal entries.
- Excellent analytical, problem-solving, and organizational skills.
- Ability to work independently and as part of a team, with a focus on delivering results.
- Effective communication skills, both written and verbal, to effectively collaborate with various stakeholders.
- Experience working with information technology and ERP systems required.
- Advance working knowledge of Microsoft Excel
- Project management experience, leading and collaborating with diverse individuals in cross functional teams. Able to learn and apply skills quickly.
- Knowledge of LEAN manufacturing principles.
- Strong analytical skills: must be able to work under pressure, meet deadlines, multi-task and produce results.
- Exhibit accuracy and thoroughness, identify areas of improvement and promote quality while increasing productivity.
- Manufacturing experience a plus.
- International reporting or consolidations experience a plus.
- Knowledge of Tableau/Power BI, OneStream and D365 preferred.
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
- Vacation
- Personal Days
- Volunteer Time
- Holidays
- Parental Leave
Salary : $66,231 - $89,081