Illinois Tool Works

Staff Accountant II

Illinois Tool Works • $78K — $86K *
Orting, WA 98360In-Person
Legal & Accounting
Less than 5 years of experience
Today
Be an Early Applicant
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in accounting or finance
  • 3-5 years of relevant accounting experience
  • Knowledge of cost accounting and GAAP
  • Proficiency in Microsoft Office, especially Excel
  • Experience with Epicor ERP is preferred
  • Strong attention to detail and time management skills
  • Excellent written and verbal communication skills

Responsibilities

  • Process Accounts Payable transactions using Epicor
  • Manage monthly Accounts Receivable, including invoicing and payment application
  • Post inventory adjustments and investigate discrepancies
  • Prepare monthly journal entries and balance sheet reconciliations
  • Maintain supporting documentation and schedules
  • Assist in cycle counting and physical inventory processes
  • Support budget forecasting and corporate reporting requirements

Benefits

  • In-office role in a manufacturing environment
  • Opportunity for process improvement initiatives
  • Collaborative environment across functional areas
  • Exposure to month-end close and financial reporting
  • Possibility to work on ad-hoc management reports
Full Job Description

Job Description:

This is a mid-level Staff Accountant position. This position requires a proactive attitude by a detail-oriented person, with a high level of organization, ensuring accuracy and legal compliance with financial documents. Primary duties will include AP/AR responsibilities, along with supporting month end close procedures, reporting and analysis.

Scope and Function: 

  • Process Accounts Payable transactions: accurately input invoices utilizing Epicor, verify approvals and provide GL codes, research invoice discrepancies, issue vendor payments. 

  • Process monthly receivable transactions: review and verify pricing, issue invoices and account statements to customers, apply payments to customer accounts in Epicor. 

  • Post inventory adjustments and research inventory discrepancies. 

  • Prepare monthly journal entries and balance sheet reconciliations. 

  • Maintain supporting schedules and other documentation. 

  • Assists with our cycle counting, physical inventory and cost roll processes. 

  • Ensure proper adherence of internal controls to maintain the integrity of financial reporting. 

  • Assists with monthly, quarterly and annual budget forecasting and analysis. 

  • Supports and assists with corporate reporting requirements and deadlines. 

  • Solves accounting problems with medium complexity, analyzing and recommending possible solutions. 

  • Prepare ad-hoc reports for management, as needed. 

  • Perform all other duties as assigned by supervisor/manager. 

 

Skills/Ability:

  • Knowledge of cost accounting, accounts payable, accounts receivable and cost control principles including Generally Accepted Accounting Principles.

  • Attention to detail, ensuring accurate processing of financial transactions.

  • Proven time management skills and ability to work under strict deadlines.

  • Ability to work independently and problem solve issues with co-workers.

  • Identify opportunities for process and procedure improvements and work with management to implement.

  • Strong Microsoft Office skills are required, especially Microsoft Excel to analyze and compare large data files using pivot tables, formulas, and other data tools.

  • Strong communications skills, both written and verbal.

  • Collaborate with other functional areas, building confidence and credibility.

  • Epicor ERP experience preferred.

Education/Experience:  

  • Bachelor’s degree in accounting or finance – 3-5 years of experience. 

  • Manufacturing experience preferred.  

 

 

Physical Requirements/Working Conditions: 

  • In office and manufacturing environment. 

  • Ability Lifting up to 25 lbs. 

  • On-site 100%

Compensation Information:

Salary Exempt Position: $78,000 - $86,000 annual.

About Illinois Tool Works

ITW is an industrial manufacturing company that specializes in the fields of industrial machinery, engineering, operations, sales, marketing, finance, and accounting. It's in deep-sea oil rigs, aerospace technology, bridges and wind turbines, healthcare, the spaces in which they live and work, the cars they drive, and the mobile devices they rely on. It was founded in 1912 and headquartered in Glenview Nas, Illinois.

Illinois Tool Works Careers

Join the dynamic team at Illinois Tool Works (ITW), a global leader in diversified manufacturing, where innovation and excellence drive us forward. ITW offers unparalleled job opportunities, fostering a culture of growth and leadership in the industry.

Work You’ll Do

At Illinois Tool Works, you will be part of a professional community that thrives on creativity and innovation. Our employees are equipped with the skills needed to succeed and are provided with endless opportunities for professional growth. Engage in work that matters, with projects that transform industries and enhance futures.

Explore Career Paths

Whether you're seeking an internship, a graduate opportunity, or a seasoned professional position, ITW offers a range of career paths across various departments. Our team benefits from a supportive and diverse working environment where every member’s contribution is valued.

Innovate and Lead

Join a team where innovation leads to revolutionary solutions in industries worldwide. At ITW, you will work alongside industry experts to develop new ideas and strategies that keep us at the forefront of technological advancements. Your career at ITW will be marked by a continuous journey of growth and leadership.

Develop Your Skills

With ITW’s commitment to professional development and diversity training, you will enhance your skills through targeted training programs and workshops. These opportunities not only boost your career but also ensure you stay competitive in the job market.

Be Part of Our Culture

ITW is dedicated to building a culture that respects and embraces diversity, encourages innovation, and fosters leadership. Our team is our greatest asset, and we believe in providing them with the benefits and resources they need to succeed both professionally and personally.

Networking and Professional Growth

Expand your professional network through ITW’s global presence and collaborative work environment. Engage with professionals across different sectors, gaining insights that can lead to significant career advancements. Our networking events and professional groups help you connect with key industry leaders and peers.

Join Our Team

Search for open positions that match your skills and interests on the ITW Careers page. We are looking for passionate, curious, and solution-driven team players who are ready to take their career to the next level.

Stay Connected

Keep up to date with the latest industry trends, company news, and career tips by following our careers blog. Personalize your experience by subscribing to job alert emails, tailored to your preferences and career goals. Explore the opportunities at Illinois Tool Works today and discover how your expertise can help shape the future of our company and the industries we serve. Join us in our mission to achieve excellence through innovation and leadership.
Learn more about Illinois Tool Works
Size
45,000 employees
Market Cap
$68.1 billion
Industry
Manufacturing & Automotive
Net Income
$2.1 billion
Founded
1912
5 Year Trend
+1.2%
Revenue
$12.5 billion
NASDAQ
ITW
* Ladders Estimates

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