Brilliant Staffing
36192 | Senior Accountant
Brilliant Staffing, Schaumburg, Illinois, us, 60159
Job DescriptionRole:
Senior AccountantLocation:
Schaumburg, IL - HybridCompensation:
$90,000 - $95,000
About the JobThe Senior Accountant, reporting to the Assistant Controller, will oversee various accounting functions with a strong understanding of generally accepted accounting principles (GAAP) and internal controls. This role requires a proactive individual with the ability to work independently, adapt to new challenges, and consistently perform with urgency and dedication.
Responsibilities
Prepare financial statements for foreign entities and subsidiaries, including intercompany eliminations, inventory profit adjustments, equity method accounting, and year-end footnote preparation.Oversee the quarterly lease accounting process in compliance with ASC 842, including contract review, coordination with third-party providers for data inputs, recording journal entries, and preparing reconciliations.Analyze and interpret complex customer contracts to determine appropriate revenue recognition per ASC 606, reconcile revenue accounts, and resolve discrepancies.Manage foreign currency entries in SAP and reconcile multiple bank accounts across various currencies, making necessary adjustments.Administer customer rebate programs, including setup, maintenance, accruals, and issuance within SAP.Prepare and post monthly journal entries, and support month-end, quarterly, and year-end financial closing processes and reporting activities.Produce monthly and quarterly reports, including sales flash reports, commissions, claims, and government surveys.Participate in internal and external audits to ensure compliance with JSOX and US GAAP standards.Conduct account reconciliations and analyses, including currency translation reviews.Undertake various other responsibilities and projects as assigned.Qualifications
Bachelor's degree in Accounting; MBA, CPA, or public accounting experience is a plus.5-7 years of general accounting experience, ideally within a manufacturing environment.Strong knowledge of accounting principles, financial processes, reporting, and budgeting.Proficiency in financial reporting under US GAAP, with experience in foreign entities being advantageous.Highly organized with excellent attention to detail.Strong skills in data analysis, critical thinking, and problem-solving.Excellent communication and interpersonal abilities.Proficiency in Microsoft Office, SAP, and IBM Cognos Controller.Experience with ASC 842 and ASC 606 is required.Familiarity with SAP ERP and other computer-based applications.#PermIL2024
Senior AccountantLocation:
Schaumburg, IL - HybridCompensation:
$90,000 - $95,000
About the JobThe Senior Accountant, reporting to the Assistant Controller, will oversee various accounting functions with a strong understanding of generally accepted accounting principles (GAAP) and internal controls. This role requires a proactive individual with the ability to work independently, adapt to new challenges, and consistently perform with urgency and dedication.
Responsibilities
Prepare financial statements for foreign entities and subsidiaries, including intercompany eliminations, inventory profit adjustments, equity method accounting, and year-end footnote preparation.Oversee the quarterly lease accounting process in compliance with ASC 842, including contract review, coordination with third-party providers for data inputs, recording journal entries, and preparing reconciliations.Analyze and interpret complex customer contracts to determine appropriate revenue recognition per ASC 606, reconcile revenue accounts, and resolve discrepancies.Manage foreign currency entries in SAP and reconcile multiple bank accounts across various currencies, making necessary adjustments.Administer customer rebate programs, including setup, maintenance, accruals, and issuance within SAP.Prepare and post monthly journal entries, and support month-end, quarterly, and year-end financial closing processes and reporting activities.Produce monthly and quarterly reports, including sales flash reports, commissions, claims, and government surveys.Participate in internal and external audits to ensure compliance with JSOX and US GAAP standards.Conduct account reconciliations and analyses, including currency translation reviews.Undertake various other responsibilities and projects as assigned.Qualifications
Bachelor's degree in Accounting; MBA, CPA, or public accounting experience is a plus.5-7 years of general accounting experience, ideally within a manufacturing environment.Strong knowledge of accounting principles, financial processes, reporting, and budgeting.Proficiency in financial reporting under US GAAP, with experience in foreign entities being advantageous.Highly organized with excellent attention to detail.Strong skills in data analysis, critical thinking, and problem-solving.Excellent communication and interpersonal abilities.Proficiency in Microsoft Office, SAP, and IBM Cognos Controller.Experience with ASC 842 and ASC 606 is required.Familiarity with SAP ERP and other computer-based applications.#PermIL2024