Senior Accountant

3 days ago

Elk Grove Village, Illinois, United States Genfare Full time


Senior Accountant

Location:

Elk Grove Village, Illinois, United States



Building the people that build the world.

With platforms in HVAC and Detection and Measurement, SPX Technologies builds innovative solutions that enable a safer, more efficient, sustainable world. Through our RiSE talent development framework, we Reach, Identify, Strengthen, and Engage our employees to support them in their continued development. We're a global company of problem solvers, collaborators, and innovators, and our businesses build solutions that impact the world.

As part of Detection and Measurement, Genfare is a leader in configurable fare collection systems in the public transit industry. By creating high quality equipment and payment systems to improve the rider experience, we empower equitable mobility and provide services to better connect communities.

How you will make an Impact (Job Summary)

Genfare is seeking a highly motivated, experienced individual in general and cost accounting to join its team. This position will report directly to the Controller.

What you can expect in this role (Job Responsibilities)

While each day brings new opportunities at SPX, your core responsibilities will be:

  • Supports the monthly close process by preparing journal entries, completing account reconciliations, and preparing supplemental financial reporting information.
  • Preparation of revenue recognition models (ASC 606) for customer contracts
  • Prepare cost variance analysis and associated journal entries.
  • Update standard costs and ensure accuracy in the Bill of Materials (BOM's)
  • Prepare, analyze, and report monthly gross margin analysis by customer, revenue streams, and product lines.
  • Coordinate the physical inventories and cycle counts.
  • Prepare periodic inventory reserve calculations.
  • Maintain pricing model and support pricing activities.
  • Assist in resolving sales tax issues and report submissions.
  • Work on special projects as required.
  • Support quarterly SOX testing.
  • Assists with internal and external audits.

What we are looking for (Experience, Knowledge, Skills, Abilities, Education)

We each bring something to the table, and we are looking for someone who has:

Required Experience

  • 6 years accounting/finance experience
  • Manufacturing cost accounting experience is preferred.

Preferred Knowledge, Skills, and Abilities

  • Proficiency in Excel, experience in manipulating large databases a plus
  • Significant hands-on experience using an integrated ERP system
  • Solid understanding of manufacturing operations, inventory, general and cost accounting
  • Strong analytical, communication, organizational, and problem-solving skills.
  • Extraordinary interpersonal skills to work in conjunction with other departments.
  • Must be a team player who also works well independently.
  • Must be able to analyze data, draw conclusions, interpret results, and makerecommendations.

Education & Certifications

  • Bachelor's degree in Accounting/Finance or similar discipline

How we live our culture

Our culture is at the center of what we do and, more importantly, who we are. Our core values set a standard for how we manage ourselves, and our Leadership Model sets the standard for how we engage with each other. Whether you are an individual contributor or you lead a large team, each of us leads at SPX.

What benefits do we offer?

We know that the well-being of our employees is integral. Our benefits include:

  • Generous and flexible paid time off including paid personal time off, caregiver, parental, and volunteer leave
  • Competitive health insurance plans and 401(k) match, with benefits starting day one
  • Competitive and performance-based compensation packages and bonus plans
  • Educational assistance, leadership development programs, and recognition programs

Our commitment to embrace diversity to build a culture of inclusion at SPX

We value different backgrounds, experiences, and voices at SPX, and we are committed to challenging ourselves, openly communicating, and striving to improve every day. We believe in creating an inclusive work environment where everyone has a voice and is encouraged to realize their fullest potential.

SPX is an affirmative action and equal opportunity employer committed to making selection decisions without regard to race, color, religion, sex, sexual orientation or identity, national origin, age, disability, veteran status, or any other legally protected basis.


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