Senior Accounting Specialist

2 weeks ago

Eden Prairie, Minnesota, United States Illinois Tool Works Full time
Company Overview:
MTS is a prominent global provider of testing and simulation solutions.

Our clientele includes elite Formula 1 teams, top-tier automotive and aerospace corporations, as well as leading researchers in materials, seismic, and various engineering fields. They depend on our sophisticated testing and simulation systems to ensure product reliability and adherence to quality standards.

MTS operates under the umbrella of ITW, a Fortune 200 global multi-industrial manufacturing powerhouse with a workforce of 49,000 across 56 countries.

ITW's seven industry-leading segments utilize the distinctive ITW Business Model to foster robust growth, achieve superior margins, and deliver impressive returns, while providing career advancement and educational opportunities in over 50 countries worldwide.

Role Overview:
This position presents a chance to make a meaningful impact on individuals' lives.

It is an environment conducive to learning, innovation, and professional growth, not only within MTS but throughout the ITW enterprise, enabling you to unlock your full potential.

MTS Systems is in search of a Staff Accountant who possesses meticulous attention to detail, strong problem-solving skills, is a self-starter, and demonstrates a collaborative team spirit.

Key Responsibilities:
This role is integral to our accounting team based at our headquarters. The primary responsibilities include:
  • Timely and accurate preparation of sales tax reports.
  • Maintenance of tax notices, records, and returns for effective record-keeping.
  • Management of business licenses and relevant compliance documentation.
  • Ensuring adherence to Sarbanes-Oxley (SOX) Act requirements.
  • Active participation in the month-end closing process, including journal entry preparation and resolution of discrepancies.
  • Reconciliation and analysis of general ledger accounts.
  • Preparation of documentation to support both external and internal audits.
  • Collaboration across functions for assigned responsibilities and projects.
  • Support for internal and external audits and reviews.
  • Execution of additional accounting or analytical projects as required.
Minimum Qualifications:
  • Bachelor's degree in accounting or finance.
  • Fundamental understanding of U.S. GAAP accounting principles and terminology.
  • Two years of experience in sales and use tax.
  • Advanced proficiency in Excel.
  • Relevant accounting experience.
Preferred Qualifications:
  • Experience in a manufacturing setting.
  • Familiarity with major ERP systems, preferably SAP.
  • Knowledge of Sarbanes-Oxley regulations is advantageous.

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