What are the responsibilities and job description for the Staff Accountant position at PHC Corporation of North America?
Joining the PHC Group means becoming a vital player in one of the world's foremost producers and suppliers of top-tier laboratory equipment. Operating in the dynamic biomedical and diagnostics sectors, we cater to a diverse and expanding range of life science facilities. Our products are essential tools for researchers and professionals in pharmaceuticals, biotechnology, and healthcare, making a meaningful impact on advancements in these fields. Your role with us will be an integral part of this impactful journey.
Job Title: Staff Accountant
About the opportunity: Join PHCNA as a Staff Accountant and help support vital accounting functions to ensure consistent compliance with IFRS while maintaining accurate financial statements and ensuring strong internal controls over financial reporting.
Location: This is a hybrid role based in Wood Dale, Illinois. On-site presence required on Tuesdays and Thursdays.
What you will be doing:
- Financial Data Management
- Prepare journal entries, including prepaid expenses, accruals, and adjusting entries
- Verify the validity of monthly allocations
- Review and approve coding of operating expenses
- Reconcile sub-ledger accounts to general ledger balances
- Maintain accurate account reconciliations and supporting documentation, including sub-ledgers, journals, and other financial records
- Process overseas wire requests through internal banking systems
- Process ACH and check batches using internal banking systems and the Microsoft Dynamics AX ERP system
- Support ad-hoc requests from senior management and other departments
- Controls and Compliance
- Follow Parent Company PHC Corporation policies, internal controls, JSox, and Sarbanes-Oxley (SOX) requirements
- Support the protection of company assets through adherence to established processes and controls
- Conduct initial internal control evaluations
- Investigate, resolve, or report inconsistencies or improprieties to the Accounting Manager
- Review and interpret accounting policies and procedures
- Assist with audits related to financial statements and internal controls with external independent auditors
- Prepare indirect tax reporting and support remittance to state taxing authorities
- Financial Analysis
- Identify and research account discrepancies
- Prepare and post reclassification journal entries as needed
- Review assigned general ledger accounts and prepare correcting journal entries as needed
- Review marketing, advertising, and promotional expenses to ensure alignment with business plans
- Perform accounting analysis, including balance sheet accounts, expense and salary accruals, departmental expenses, prepaid expenses, insurance, and travel advances
- Assist with monthly financial analysis, including balance sheet, income statement, and changes in financial position or budget variance analysis
- Budgeting and Reporting
- Prepare financial reports and related statements, charts, tables, and other supporting exhibits
- Assist with budget and forecast preparation
What you need for success:
- A bachelor’s degree in accounting or finance is required
- 1–2 years of full-time experience in an accounting function required
- Internship experience in a corporate accounting environment preferred
- Experience performing accounting department functions
- Experience applying IFRS accounting principles and supporting financial statement preparation
- Experience supporting SOX compliance and internal control processes
- Experience analyzing financial data and resolving accounting-related issues
- Experience using Microsoft Excel, including Pivot Tables, VLOOKUP, HLOOKUP, INDEX, IF, and other formulas
- Experience using Microsoft Dynamics AX or similar ERP systems preferred
The hiring range for this position is $55,000 - $58,000, plus individuals may be eligible for a 10% annual discretionary bonus. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications, location, and applicable employment laws. PHCNA offers a wide range of benefits, including medical, dental, vision, 401(k), holiday pay, vacation, and more.
Salary : $55,000 - $58,000