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Staff Accountant
Staff AccountantIPS Corporation • Downers Grove, IL, United States
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Staff Accountant

Staff Accountant

IPS Corporation • Downers Grove, IL, United States
[job_card.30_days_ago]
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  • [job_card.full_time]
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Job Title : Staff Accountant

Location : Downers Grove, IL (Hybrid)

About the Company :

IPS Corporation is a global, market-leading provider of solvent cements, adhesives and specialized plumbing products for a broad range of construction, industrial, and manufacturing applications. Established in 1954 as the original inventor of solvent cement for PVC pipe applications, IPS has grown dramatically over the past 70+ years. Today with its three operating companies, Weld-On, IPS Adhesives and Water-Tite, we have 15 manufacturing plants and 21 distribution centers supporting sales to a diverse set of end markets in 85 countries. Our leading brands include Christy's®, FloodStop®, Roof Top Blox®, Tough Pans®, SCIGRIP ®, Unika®, E-Z Weld®, Weld-All®, and Weld-On®.

About the Role :

The Staff Accountant plays a pivotal role in our finance team, contributing to the management of several systems and company ledgers, financial transactions, preparing comprehensive reports, and ensuring strict adherence to accounting principles and company policies. The ideal candidate will be well-versed in accounting principles and able to work comfortably with numbers and attention to detail. They will strive to understand the organization to interact effectively with and provide assistance to all levels of the organization.

Essential Duties and Responsibilities :

Month-End Close Activities

  • Prepare and post recurring journal entries
  • Prepare accruals for AP, tax, audit, IT, and professional fees
  • Ensure BOD fees are properly expensed
  • Prepare reconciliations
  • Support audit requests and documentation

Fixed Assets & Capital Projects

  • Circulate and review CIP (Construction in Progress) lists with Finance Directors (FDs)
  • Capitalize CWIP based on analysis and ensure proper classification
  • Manage PP&E roll forward and send MTD CIP activity to Treasury

    • Lease Accounting

  • Inquire and track new leases entered in the past month
  • Set up leases based on expense analysis and EZ Lease data
  • Maintain lease roll forward and ensure compliance with ASC 842

    • Intangibles & Prepaid Amortization

  • Amortize intangibles and ensure proper I / C elimination
  • Allocate and amortize Workers Comp and Misc. Insurance
  • Amortize various prepaid expenses

    • Required Experience :

  • Bachelor's degree in accounting, finance, or a related field
  • 2+ years of previous general ledger accounting experience required
  • 1+ Years using business accounting software / ERP systems
  • Knowledge of accounting best practices and Generally Accepted Accounting Principles (GAAP)
  • Attention to detail and strong organizational abilities.
  • Ability to work independently, navigate with ambiguity, and ask for assistance as needed
  • Effective communication and interpersonal skills.
  • Strong interpersonal skills, and ability to communicate professionally, both orally and in writing
  • Ability to multitask and work in fast paced environment
  • Excellent analytical and problem-solving skills

    • Preferred Experience :

  • Experience with J.D. Edwards (Enterprise One), Sage Fixed Assets
  • Experience in General Ledger Accounting
  • Demonstrated strong Microsoft Excel skills
  • Demonstrated experience with Lean Manufacturing, Kaizen, Problem Solving Process, etc.
  • Knowledge and / or experience in other accounting functions not limited to : Accruals, Prepaids, Fixed Assets, Balance Sheet Reconciliations, Payroll Accounting, and Cash
  • Experience in manufacturing industry

    • Our Offer :

    We're a rapidly growing midsized company with a customer-centric mentality operating fast and lean. We think big, embrace problem solving, and believe our proven business system gives us a competitive edge in the markets we play. Through experience in this role, mentoring and via formal instruction, we will grow your career and develop you based off your strengths and interests.

    A career with IPS Corporation will push you and challenge you, providing growth opportunities and the prospects to advance your career. If you are a driven performer, you will work with committed, like-minded people, giving you the support to reach your full potential.

  • Competitive Compensation Package
  • Insurance Benefits - Medical, Dental, Vision
  • Health Savings Account (HSA) and Flexible Spending Account (FSA)
  • Voluntary Benefits - Critical Illness, Hospital Indemnity, Accident
  • Basic Life Insurance with Dependent Coverage Optional
  • 401(k) with Company Match
  • Vacation and Sick Leave
  • Short Term & Long-Term Disability
  • Tuition Assistance Program
  • Employee Assistance Program
  • Professional Development Opportunities

    • Salary Range : $68,000 - $73,000

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