Position Summary The Accounting Leadership Development Associate (ALDA) is a role that combines the development aspects of Parker's Leader Development Program (LDP/Program) with the general duties of an entry level accountant. The ALDA's primary duties will involve providing accurate accounting data and thorough financial analysis that supports decision-making processes which will impact our long-term future.
The LDP involves a two-year rotation where the ADLA will work in a variety of roles, in a competitive training and hands-on leadership program designed to provide knowledge and experience with using their discretion and independent judgment related to their skillsets to support the business. They will receive leadership training and development experiences throughout the initial two years with the goal to develop skillsets in supervision, team leadership, and management. While in program, rotational assignments are structured to expose participants to coaching/mentoring from other professionals from the organization, different business divisions, facilities, and managers nationwide.
PROGRAM DETAILS: - Duration: 2 years
- Structure: 4 rotational assignments
- Rotations' length: 6 months each
- Relocation requirements: The assignments will likely require relocation. Geographic flexibility is required during the program
- Onsite Work
SCOPE/SUPERVISION AND INTERACTION:____ Has Direct Reports __X__ Does Not Have Direct Reports
The scope of this position requires working with all operational units, corporate/staff and select third parties in ensuring compliance with corporate policies and procedures while maintaining accounting controls.
Responsibilities PRIMARY & ESSENTIAL JOB DUTIES / FUNCTIONS:In addition to various leadership development activities and tasks related to the Program, the ALDA will perform direct responsibilities and accountabilities related to the rotational accountant assignment, including, but not limited to:
- Monthly closing, journal entries and correspondence to various divisions and third parties.
- Various monthly and quarterly account reconciliations/analysis.
- Interaction with accounts payable and ensuring controls are met in the proper auditing and accounting for various invoices and check request documents.
- Budget review and analysis.
- Assist in the accounting and auditing of Parker catalog services charges and allocations. Monthly allocation entries are coordinated and submitted, and a review of various ledger accounts and allocation methodology is required.
- Coordination of annual supplemental W-2 process for relocated employees.
- Various monthly accounting duties and responsibilities.
- Assist in the development of financial plans for operating groups and corporate departments.
- Coordinate, implement and analyze the corporate administrative budget process.
- Initiate improvements in the budgeting and reporting process.
- Prepare monthly, month end, quarterly and annual financial reports.
- Assist in the financial analysis of operating groups on a monthly basis.
- Monitoring orders and shipments
- Special projects-presentations for operations managers meetings, board of directors' meetings, various group/department meetings.
- Preparation of year-end analysis book.
- Special projects as required.
Qualifications JOB REQUIREMENTS:Bachelor's degree (BA) in Accounting or Finance or related field. One or two years of accounting experience preferred.
Travel requirements: The assignments will likely require relocation. You will also be required to travel to Parker's corporate headquarters in Cleveland, Ohio for program review, personal development and interaction with fellow program participants and mentors.
Strong analytical and quantitative skills.
Excellent verbal and written communication skills.
Working knowledge of accounting principles, i.e., GAAP.
Proficiency in other software, i.e., SAP Finance, Power BI, Alteryx, is a plus.
This role is subject to compliance with the International Traffic in Arms Regulations (ITAR) and the Export Administration Regulations (EAR), which requires the incumbent to be either a US citizen, lawful permanent resident ["green card" holders] or have refugee or asylee status.
Closing Statement The essential functions have been provided as examples of the type of work performed by employees assigned to this job classification. The Company reserves the right to modify the work assignments and/or to make reasonable accommodations so that qualified employees can perform the essential functions. The job description is not intended to be an all-inclusive list of duties and responsibilities. It is intended to describe the general nature of the position.
This position is subject to meeting U.S. export compliance and/or U.S. Government contracting citizenship eligibility requirements.
Pay, Benefits, Work Schedule COMPETITIVE COMPENSATION:- Pay Range: $60,600/annually to $115,000/annually reflecting variations based on experience, qualifications, and geographic location.
- Participation in Annual Incentive Program
BENEFIT & RETIREMENT PLANS:Parker offers competitive benefit programs, including:
- Comprehensive coverage for medical, prescription drugs, dental, vision, voluntary optional life, accident insurance, hospital indemnity insurance and critical illness insurance with competitive premium cost.
- 401(k) Plan with company matching contributions at 100% of the first 5% of pay
- Company provided defined-contribution retirement plan with annual contribution equal to 3% of pay
- Career development and tuition reimbursement
- Other benefits including paid parental leave, short and long-term disability programs, adoption assistance, a Care.com membership and financial planning assistance are provided at no cost to you.
- Supplemental benefit programs including identity protection, legal protection, and pet wellness are available at competitive rates.
- Paid Time Off and Company-Paid Holidays.
- Relocation benefits as applicable
