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Power Solutions International

Senior Accountant

Power Solutions International, Itasca, Illinois, United States, 60143


Job Details

Job Location

IL 1465 - Itasca, IL

Position Type

Full Time

Education Level

Bachelors Degree

Job Category

Accounting Description

Power Solutions International (PSI) is a leading manufacturer of emissions-certified powertrains specializing in customized and fully integrated turnkey solutions for the leading global equipment manufacturers in the industrial, transportation, and energy markets manufacturers. Our facilities are housed in one million square feet of engineering, assembly, operations, and distribution space across seven facilities. We are positioned to meet the high production volumes of our customers with added capacity for growth.Position Summary:The Senior Accountant ensures the accuracy of entries to ledger accounts and reconciles subsidiary ledger accounts to the general ledger. In this role you will maintain financial records and ensure that financial transactions are properly recorded. Additionally, you may review and guide the work of lower-level accountants. The successful candidate will play a crucial role in timely and accurate financial reporting as well as implementation of controls around operations and SOX compliance.Essential Responsibilities:Oversee various month-end closing procedures including preparing journal entries and related supporting schedulesSpecific accounting areas include warranty accruals, company payroll/benefit account review, prepaid items, as well as debt and fixed asset managementConduct monthly and quarterly account reconciliations to ensure accurate reporting and ledger maintenanceCommunicate findings as needed throughout the companyPrepare complex balance sheets, profit and loss statements, and other financial reportsAnalyze current costs, revenues, financial commitments, and obligations incurred to predict future revenues and expensesCreate financial and accounting ad-hoc reports for analysis by internal and external regulatory audit complianceWork on various special projects and perform other accounting assignments as neededDevelop and document policies, procedures, and workflow for assigned areas of responsibilityWork with Internal Audit and the Accounting Manager to support the remediation process around internal controlsOther duties assigned by management

Qualifications

Requirements:Bachelor's Degree, in Accounting or Finance

Accounting experience at an SEC registrant company or public accounting firm with SEC clients.

Proficient understanding of Generally Accepted Accounting Principles (GAAP)

Experience running financial reports and complex accounting operations with minimum supervisionPreferred Qualifications:Certified Public Accountant (CPA) or CPA candidate preferred

Epicor ERP system knowledge

Manufacturing industry experiencePower Solutions International is an EOE disability/vet company offering a drug free workplace. We celebrate diversity and are committed to creating an inclusive environment for all employees.