Parker Hannifin

Plant Accountant

Parker Hannifin • $84K — $141K *
Woburn, MA 01801In-Person
Manufacturing & Automotive
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Must be a U.S. Citizen or Permanent Resident.
  • Bachelor's degree in business or accounting required.
  • MBA, CPA, CMA, CPIM, or CIA desirable.
  • 2-4 years of financial/operational experience required.

Responsibilities

  • Monitor and analyze production costs for budget adherence.
  • Finalize financial data and prepare financial statements monthly.
  • Oversee inventory accounting and reconcile physical inventory.
  • Manage capital expenditures and ensure compliance.
  • Establish internal controls for financial compliance.
  • Conduct variance analysis to assess efficiency and improvement areas.
  • Collaborate with plant management to provide financial insights.
  • Assist in internal and external audits with necessary documentation.

Benefits

  • Comprehensive medical, dental, vision, and life insurance coverage.
  • 401(k) plan with company matching contributions.
  • Defined-contribution retirement plan contribution of 3% of pay.
  • Career development opportunities and tuition reimbursement.
  • Paid parental leave and disability programs offered at no cost.
  • Paid Time Off and company-paid holidays.
Full Job Description
Position Summary

This Plant Accountant role plays a pivotal role in driving the financial success of our manufacturing facility. We are seeking a candidate that is analytical and detail-oriented, to monitor, manage and reconcile accounting processes, including payroll, budgeting, forecasting, and variance analysis to ensure compliance in financial regulations and internal controls. Many opportunities to collaborate with cross-functional teams and departments to provide insightful financial reporting to empower decision-making and fuels innovation.

Responsibilities
  • Cost Tracking and Analysis: Monitor and analyze production costs, including materials, labor, and overhead, to ensure accurate cost accounting and budget adherence.
  • Month-Close Procedures: Finalize financial data, reconcile accounts, and prepare financial statements to ensure accurate reporting of division's financial position at the end of each month.
  • Inventory Management: Oversee inventory accounting, including valuation methods (e.g., FIFO) and reconciliation of physical inventory with accounting records.
  • Capital Expenditure Tracking: Manage and analyze capital expenditures, ensuring proper accounting treatment and compliance with financial policies.
  • Compliance and Internal Controls: Ensure compliance with financial regulations and company policies, establishing and maintaining internal controls to safeguard assets.
  • Variance Analysis: Conduct variance analysis to compare actual performance against budgeted figures, providing insights into operational efficiency and areas for improvement.
  • Collaboration with Operations: Work closely with plant management and production teams to understand operational processes and provide financial insights that support decision-making.
  • Audit Support: Assist in internal and external audits by providing necessary documentation and explanations of financial records related to plant operations.
Qualifications

Qualifications:
  • Must be a U.S. Citizen or have U.S. Permanent Resident Status.
  • Education: Bachelor's degree in business or accounting required.
  • MBA, CPA, CMA, CPIM, or CIA desirable.
  • 2-4 years of financial/operational experience required.
Conditions of Employment

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: $84915 to $141320 annually
  • 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.

About Parker Hannifin

Parker Hannifin is a diversified manufacturer of motion and control technologies and systems, providing precision-engineered solutions for a wide variety of commercial, mobile, industrial, and aerospace markets. They are also demonstrating how their interconnected portfolio of motion and control technologies is critical to enabling a cleaner and sustainable world.

Parker Hannifin Careers

Join the vibrant team at Parker Hannifin, a global leader in motion and control technologies, and be part of a company known for its innovative approach and commitment to excellence. At Parker Hannifin, we offer a wide range of job opportunities that allow professionals to advance their careers in an environment that fosters growth, leadership, and diversity.

Work You’ll Do

At Parker Hannifin, every position contributes to our mission of solving the world’s greatest engineering challenges. Our team is composed of highly skilled professionals dedicated to pushing the boundaries of technology and innovation. Whether you are looking for a full-time position, an internship, or a leadership role, Parker Hannifin has a place for you.

Innovate and Lead

Embrace the opportunity to lead projects that redefine industry standards. Parker Hannifin is at the forefront of technological innovation, and our employees are the driving force behind our success. With a culture that values diversity and creative problem-solving, you will work alongside some of the brightest minds in the industry.

Grow Your Career

Parker Hannifin is committed to the professional growth of our employees. With comprehensive training programs and a focus on career development, we ensure that our team members have the resources they need to succeed. Our commitment to professional development is matched by our dedication to promoting from within, providing a clear path for career advancement.

Be Part of a Great Team

Our team at Parker Hannifin is our greatest asset. We pride ourselves on a culture that promotes teamwork, respect, and collaboration. With a global network of professionals, the opportunities for networking and cross-functional collaboration are vast. Join us and be part of a team that is making a difference in the world.

Benefits and Culture

Parker Hannifin offers a competitive benefits package that supports the health, well-being, and financial security of our employees and their families. From health insurance to retirement plans, we provide the benefits that help you live a healthier and more secure life. Our inclusive culture encourages involvement and offers various channels for employees to express their ideas and insights.

Explore Job Opportunities

Are you ready to take the next step in your career? Explore the exciting job opportunities at Parker Hannifin. From engineering to marketing, and from sales to customer service, we have positions that match a wide range of skills and interests. - **Search Parker Hannifin Jobs**: Find open positions that align with your skills and career goals. We are continuously hiring and looking for new talent to join our dynamic team. - **Prepare Your Application**: Tailor your resume and prepare for your interview with us. Show us how your experience and skills make you the perfect fit for Parker Hannifin. - **Internship Programs**: Gain hands-on experience and build your professional network through our internship programs. These opportunities are designed to give you a solid foundation in your chosen field.

Stay Connected

- **Join Our Team**: Stay ahead with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. - **Career Development**: Engage in ongoing learning and development programs to enhance your skills and boost your career prospects. - **Job Alert Emails**: Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Parker Hannifin. At Parker Hannifin, we are not just offering jobs; we are offering careers that make a global impact. Join us and be part of a legacy of leadership, innovation, and diversity.
Learn more about Parker Hannifin
Size
54,640 employees
Market Cap
$37.5 billion
Industry
Manufacturing & Automotive
Net Income
$1.4 billion
Founded
1918
5 Year Trend
+5.7%
Revenue
$13.5 billion
NASDAQ
PH
* Ladders Estimates

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