Accounting Manager

Position Title: Accounting Manager

About Nortek Air Solutions

We're on a mission to make the world safer, healthier, and more productive. We are a premier HVAC Company offering energy efficient and sustainable products and solutions that exceed customer expectations through employees’ commitment to quality, customer service and operational excellence. Nortek was established in 1977 and offers the innovation and expertise of the largest group of custom heating, ventilation, and air conditioning (HVAC) brands in North America. We offer high quality systems in multiple shapes, sizes, and configurations for new construction and renovation.

Position Summary:

As a key member of the Finance Team, the Accounting Manager is responsible for overseeing core accounting functions including General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), Contract Accounting, and Revenue Recognition, while leading a team of 5 direct reports. This role ensures compliance with company policies, GAAP standards, and regulatory requirements while supporting accurate financial reporting, audits, and internal controls. The Accounting Manager leads the month-end close process, prepares financial statements, and contributes to process improvements that enhance accounting operational efficiency. In a manufacturing setting, this position plays a critical role in maintaining accurate financial records, managing cost control, ensuring proper revenue recognition, and supporting strategic decision-making across the organization.

Position Responsibilities:

Manufacturing Accounting Operations:

• Manage daily accounting activities including General Ledger (GL), Accounts Payable (AP), Accounts Receivable (AR), and various subledgers.
• Oversee month-end and year-end close processes, ensuring timely and accurate financial statements.
• Support fixed asset accounting and capital expenditure tracking.

Financial Accounting:

• Prepare and review financial statements in compliance with GAAP and corporate policies.
• Ensure accurate revenue recognition and expense matching.
• Maintain and reconcile balance sheet accounts, including cash, prepaid expenses, and accruals.
• Suppose lease accounting and compliance with ASC 842 and other relevant accounting standards.
• Manage intercompany transactions and consolidations.

Contract Accounting

• Review and interpret customer and vendor contracts to ensure proper revenue recognition and expense allocation.
• Track contract milestones, billing schedules, and performance obligations.
• Ensure compliance with ASC 606 and other relevant accounting standards.
• Coordinate with Legal, Sales, and Procurement to ensure contracts are properly structured and documented.

Internal Controls & Compliance:

• Maintain and improve accounting policies and procedures to ensure strong internal controls.
• Ensure compliance with GAAP, company policies, and regulatory requirements.
• Support external audits and internal reviews by preparing schedules and documentation.
• Oversee compliance with tax regulations and support tax filings.

Leadership & Collaboration:

• Supervise and mentor accounting staff, fostering a culture of accuracy and accountability.
• Serve as a liaison between Finance and other departments including Operations, Engineering, and Procurement.
• Provide backup support for other accounting roles as needed.

Requirements:

• The individual shall have a minimum of 8 years in general accounting with documented progression in complexity, preferably with a manufacturing background.
• The individual shall have a minimum of 3 years’ experience of team leadership
• Understanding of complex entity structure
• Familiarity with contract accounting, including revenue recognition and contract review
• Strong knowledge of the Accounting Cycle, Journal Entries, Reconciliations
• Bachelor’s degree in accounting
• Strong analytical skills and attention to detail
• Strong abilities to use Microsoft Office tools (Excel, Word)

Position Key Attributes:

• Ability to personally live safe and hold themselves and other team members accountable by having their back in support of our Safety core value.
• Has integrity, works transparently, and recognized for treating others with respect.
• Takes accountability to create and execute solutions that deliver desired results and can “own it” in a Performance Driven Culture.
• Ability to work collaboratively and lead teams in a Teamwork culture.
• Ability to ignite and lead change as a catalyst for improvement.
• Strong leadership skills including ability to think strategically, solve problems and create a motivating team environment.
• A “builder” who is comfortable in a continuous improvement culture.

Benefits:

• Starting at 4 weeks of paid time off for vacation/sick
• 11 paid holidays
• Hybrid work option (partially remote)
• Company provided health insurance, short-term disability, and long-term disability
• Competitive Medical, Dental, and Vision coverage options
• 401-k match of 4%
• Education Reimbursement of $5,250/year for qualifying programs and courses

Nortek Air Solutions offers a comprehensive compensation and benefits package. To learn more about Nortek Air Solutions, please visit our company website at http://www.nortekair.com/.

Nortek Air Solutions is an equal opportunity employer and does not unlawfully discriminate against any applicant on the basis of race, color, religion, sex national origin, age disability, sexual orientation, or any other class protected by federal or state law.