Position Summary This position involves managing various accounting functions related to supporting corporate/staff as well as the operational units. This position requires a high level of responsibility in maintaining accounting controls as they relate to various Parker systems and programs.
Scope/ Supervision and Interaction
__X__ Has Direct Reports ____ Does Not Have Direct Reports*
*At the discretion of the division this position may not include supervisory responsibility.
Report to the Central Accounting Manager and 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 Manages the coordination and audit/review the monthly closing process for div 93/Staff ledger.
Handle all of the accounting and allocations related to the domestic insurance programs. Work with Risk Management to account for various insurance policies while properly allocating and accounting for expenses to operating units.
Review and maintain various reserves related to product and general liability. Requires regular review and maintenance of the product liability database while preparing and completing triangle analysis to forecast and reconcile for IBNR and loss development related to industrial product liability claims.
Responsible for daily and monthly duties pertaining to domestic freight payment program; includes divisional support, review of distribution of freight expense to ledger, working with third party freight audit and payment company as well as Corporate Logistics.
Supporting and working with Risk Management concerning workers comp programs (insured and self-insured). Requires regular review and analysis of multiple balance sheet accounts to ensure compliance and maintain accounting controls.
Manage and oversee the accounting and auditing of Parker catalog service charges and allocations. Monthly allocation entries are coordinated and submitted, and a review of various ledger accounts and allocation methodology is required.
Work with the budget & planning department and various corporate department managers to complete the annual corporate and staff department allocation methodology and process.
Audit and review of various balance sheet account reconciliations and analysis.
Perform role of leader/coordinator in the acquisition integration process for domestic Parker related to financial systems and programs. Responsibilities include preparation and tracking of scorecard data and integration survey and report.
Coordinator of electronic application (NetApps) process for various card programs, with focus on lean process, reducing paper while maintaining controls.
Administrator of Central Accounting site on POL with responsibilities that include acquisition integration site, Central Accounting site updates of various financial detail and information.
Perform lead role in the updating and maintenance of financial information on Risk Management site on POL, including product liability and workers comp detail.
Manage and oversee monthly scanning and electronic invoicing of foreign intercompany transaction detail.
Qualifications Bachelor's degree in Accounting.
Minimum 5- 7 years experience in accounting.
Thorough knowledge of all aspects of general accounting.
Excellent written and verbal communication skills.
Proficient with Microsoft applications (Excel, Access, Word)
Experience with general ledger account reconciliation, review and critical analysis.
Ability to handle many tasks at a given time and work effectively with others in a
team environment.
Pay, Benefits, Work Schedule 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.
