Accounts Receivable Professional

3 days ago


Lake Bluff, Illinois, United States ITW Full time
Job Overview

We are seeking a skilled Accounts Receivable Specialist to join our team at ITW in Lake Bluff, IL.

About the Role

This position is responsible for managing G/L and subledger accounts, including month-end close responsibilities. The successful candidate will ensure compliance with relevant accounting standards and company policies.

  • Key Responsibilities:
  • G/L and Subledger Management:
    • Review Accounts Receivable subledger, research and resolve account discrepancies
    • Prepare balance sheet reconciliations
    • Prepare and book necessary journal entries
    • Assist Accounting Manager in Bad Debt/ Allowance for Doubtful Accounts calculation, if needed
    • Ensure compliance with relevant accounting standards and company policies
  • Cash and Accounts Receivables:
    • Verify, allocate, post, and reconcile transactions for US based and international companies
    • Applying deposits to correct accounts and invoices (daily)
    • Invoice customers in ERP system and customer portals as necessary
    • Review customer accounts and release orders on credit hold
    • Assist in collections, which includes sending reminders and statements to assigned customers
    • Maintain process narratives and manuals related to AR and Cash
  • Additional Responsibilities:
    • Assist both internal and external auditors during audit engagements.
    • Identify process improvements, and assist in the implementation of company accounting policies and procedures.
    • Provide support and work closely with Sales, Service, Customer Service and other departments on projects as assigned.
    • Assist Accounting Manager/ Controller with budgeting and forecasting processes, if needed.
    • Additional duties and projects as assigned
    What We Offer
    • Competitive Salary:
    • $75,000 - $90,000 per year, depending on experience.
    • Benefits:
    • 7.5% 401k match
    • 4 weeks of paid time off
    • 10 paid company holidays
    • Recognition program
    • Competitive health insurance
    Requirements
    • Qualifications:
    • Associate's degree or equivalent work experience, Bachelor's degree a plus
    • Minimum 3 years of previous accounting experience (manufacturing environment preferred)
    • Required to be detailed, organized, able to work independently and know when to elevate issues for resolution
    • Quick to learn and follow instructions
    • Strong PC skills required, understanding of MS Excel (formulas, Pivot tables), Word and Outlook.
    • Familiar and comfortable using complex ERP systems. Knowledge of Microsoft Dynamics NAV a plus.
    • Good written and verbal communication skills.
    • Continuous growth and improvement mindset
    • Experience working with multinational companies and/or manufacturing companies a plus.


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