What are the responsibilities and job description for the Senior Accountant position at Modern Process Equipment?
Modern Process Equipment (MPE) · Chicago, IL
Who We AreModern Process Equipment (MPE) has spent over 65 years building the machines behind the world's most recognized food and beverage brands, including Starbucks, Nestlé, Purina, and Hershey's.
We're a family-owned engineering and manufacturing company headquartered in Chicago, and we punch well above our weight: small-company culture, global client roster, and a genuine appetite for innovation at every level.
???? Hear from the team: youtube.com/shorts/U4qf-PvZysU
SummaryDo you have a background in accounting with hands-on experience in accounts payable, bank reconciliation, month-end close, and cost accounting? If so, we invite you to join our team as a Senior Accountant, overseeing core financial operations and coordinating the workflow of a small team.Job DescriptionAs the Senior Accountant, you will report directly to the Accounting Manager and serve as the primary point of oversight for accounts payable operations, month-end close, cost accounting, and bank reconciliation. You will also oversee accounts receivable and handle AR escalations while coordinating the daily workflow of a small team. This is a hands-on role in a fast-paced manufacturing environment where your work directly impacts the business.Responsibilities1. Accounts Payable & Banking- Oversee AP operations; ensure vendor payments are current and on schedule. Handle AP escalations and vendor disputes.
- Manage the AP automation platform (Medius), AP email, and weekly payment schedule.
- Perform bank reconciliation and cash book adjustments.
- Manage Letters of Credit end to end: bank coordination, document compliance, expiry tracking.
- Perform month-end close activities: journal entries, G/L reconciliation, deposit schedule maintenance.
- Cost accounting: standard cost maintenance, variance analysis, inventory valuation, margin reporting, BOM costing.
- Prepare and submit payroll reports to external payroll provider; verify hours and ensure timely submission.
- Manage Certificates of Insurance (COIs).
- Oversee accounts receivable operations; ensure all invoicing is accurate and on time.
- Handle AR escalations, complex customer disputes, and difficult collections.
- Review AR aging reports and flag overdue accounts for action.
- Ensure accurate revenue recognition and customer deposit management.
- Direct daily workflow priorities of the accounting team, including logistics operations.
- Follow up on weekly and monthly reporting requirements.
- Manage vendor and customer documentation.
- Review and oversee expense report and commission entry.
- Collaborate directly with the Accounting Manager on department priorities.
Required
- Bachelor's degree in Accounting, Finance, or related field - or equivalent professional experience.
- 3-5 years of progressive accounting experience (AP, general ledger, month-end close).
- High attention to detail with ability to prioritize across multiple tasks.
- Hands-on experience with bank reconciliation and journal entries.
- Cost accounting experience - standard costs, variance analysis, inventory valuation.
- Proficiency in ERP systems (data entry, reporting, and record management).
- Proficiency in Microsoft Excel.
- Comfortable leveraging AI tools to improve efficiency.
Preferred
- Letters of Credit & multi-currency wire transfer experience is a plus.
- Manufacturing environment experience is preferred.
- Experience with AP automation platforms (Medius or similar) is a plus.
- Competitive salary bonus
- Health, dental, and vision insurance
- 401(k) retirement plan
- Paid vacation and holidays
- Opportunities for professional development