What are the responsibilities and job description for the Senior Accountant position at WEG?
WEG is hiring a Senior Accountant.
The Senior Accountant is responsible for supporting the finance department by ensuring accurate financial reporting, maintaining the integrity of accounting records, and performing a variety of accounting duties. This position plays a crucial role in the month-end closing process, general ledger reconciliations, and financial reporting, while providing leadership on accounting projects.
Primary Responsibilities
WEG is the largest industrial electric motor manufacturer in the Americas and one of the largest manufacturers of electric motors in the world producing more than 21 million units annually. Founded in 1961, WEG operates mainly in the sector of capital goods, having five main businesses: Motors, Energy, Automation, Coatings Transmission & Distribution, providing global solutions for electric motors, variable frequency drives, soft starters, controls, panels, transformers, and generators. The US corporate office is located in Duluth, GA with manufacturing units in Minnesota, Indiana and Missouri with over 30 thousand employees worldwide. Visit our website to learn more: www.weg.net
We offer a pleasant work environment, competitive compensation and full benefits package. To Apply: All candidates must submit an updated resume and complete our application in order to be considered for this position. Must be authorized to work in the United States. WEG does not offer visa sponsorship for this role.
We are proud to be an Equal Opportunity/Affirmative Action employer. Qualified applicants will receive consideration for employment without regard to race, sex, disability, veteran, or other protected status.
The Senior Accountant is responsible for supporting the finance department by ensuring accurate financial reporting, maintaining the integrity of accounting records, and performing a variety of accounting duties. This position plays a crucial role in the month-end closing process, general ledger reconciliations, and financial reporting, while providing leadership on accounting projects.
Primary Responsibilities
- Maintain and reconcile general ledger accounts
- Perform detailed account analysis to ensure accuracy of financial data
- Investigate and resolve discrepancies in accounts, documents, and reports
- Prepare, review, and post journal entries for month-end close
- Oversee monthly, quarterly, and year-end closing processes
- Support internal and external audit processes by preparing necessary schedules and documentation
- Assist with the preparation of various financial statements and reports
- Provide timely and accurate financial reporting to management
- Assist in the development of annual budgets and periodic forecasts
- Monitor budget vs. actual performance and prepare reports on budget variances
- Assist with remote bank deposits
- Administer the AMEX corporate credit card program
- Perform employee offboarding tasks related to AMEX and Motus programs
- Work with WEG Business Services (WBS) to accomplish assigned tasks and responsibilities
- Assist in entering accounts payable transactions
- Assist with new vendor setup verification
- Maintain records related to facility leases, including payment processing
- Assist with the proper recording of all leased asset transactions, both facility and equipment
- Review and calculate internal sales commissions monthly
- Maintain gross margin reports related to both products and services
- Assist with reviewing drop shipment transactions for revenue recognition, including invoicing
- Assist in preparing schedules for federal and state income tax filings
- Assist with the preparation of indirect tax returns (personal property, business license, and other regulatory filings)
- Ensure adherence to GAAP, IFRS, and other accounting policies
- Ensure adherence to all company accounting policies and procedures
- Ensure adherence to internal financial controls, supporting the company's governance framework
- Identify opportunities to streamline accounting processes and improve efficiency
- Recommend and implement best practices for internal controls and accounting procedures
- Prepare and submit US government agency reports (monthly, quarterly, and annually) as directed
- Lead or participate in accounting projects, such as system implementations, automation initiatives, or process reengineering
- Provide mentorship and guidance to junior accounting staff
- Develop key financial metrics and report them to management
- Bachelor's degree in Accounting, Finance, or related field
- Strong computer and technical skills, including MS Office applications and advanced Excel skills
- Experience with SAP preferred
- In-depth knowledge of US GAAP and IFRS financial accounting principles and practices
- Strong verbal and written communication skills, including the ability to explain financial information to non-accounting personnel in a clear manner
- Strong organizational skills, attention to detail, and accuracy
- Strong analytical and problem-solving skills
- Ability to work independently and as part of a team
- High level of integrity and confidentiality
- Ability to multi-task, use independent judgment, and apply sound decision-making skills
- Ability to work under pressure and meet financial reporting deadlines
- Minimum of 5–6 years of progressive accounting experience, preferably in a corporate environment
- Minimum of 2 years of SAP experience
WEG is the largest industrial electric motor manufacturer in the Americas and one of the largest manufacturers of electric motors in the world producing more than 21 million units annually. Founded in 1961, WEG operates mainly in the sector of capital goods, having five main businesses: Motors, Energy, Automation, Coatings Transmission & Distribution, providing global solutions for electric motors, variable frequency drives, soft starters, controls, panels, transformers, and generators. The US corporate office is located in Duluth, GA with manufacturing units in Minnesota, Indiana and Missouri with over 30 thousand employees worldwide. Visit our website to learn more: www.weg.net
We offer a pleasant work environment, competitive compensation and full benefits package. To Apply: All candidates must submit an updated resume and complete our application in order to be considered for this position. Must be authorized to work in the United States. WEG does not offer visa sponsorship for this role.
We are proud to be an Equal Opportunity/Affirmative Action employer. Qualified applicants will receive consideration for employment without regard to race, sex, disability, veteran, or other protected status.