Accounting Manager-Credit Position

4 weeks ago


Chicago, Illinois, United States Alvest Equipment Services (AES) Full time

Accounting Manager Role Overview

AES is a global leader in the manufacturing and distribution of airport ground support equipment, operating through its key entities TLD, Smart Airport Services (SAS), and Alvest Equipment Services (AES), with consolidated sales exceeding 1 billion USD.

AES specializes in providing maintenance, rental, and overhaul services to customers worldwide. Its North American operations, which include coverage of Canada, represent the largest segment of the AES division, with projected 2024 sales surpassing 70 million USD.

Key Responsibilities

  • Manage the accounting functions, including hands-on month-end financial close, preparation of financial statements, and providing insightful analysis for decision-making.
  • Manage a team of accounting professionals, ensuring efficient workflow, and fostering a collaborative environment.
  • Work closely with senior management, sales administration, and external tax advisors to ensure timely reporting and tax compliance.
  • Execute and participate in the monthly financial close process.
  • Prepare monthly financial reporting, including Profit & Loss (P&L) and balance sheet analysis, focusing on sales, margins, and indirect costs to provide insights into business performance.
  • Develop comprehensive analysis to support the creation of accurate monthly financial statements.
  • Ensure timely and accurate submission of financial statements to the corporate consolidation system adhering to both internal and external accounting standards.
  • Perform and review detailed account reconciliations to maintain integrity and accuracy of financial data.
  • Participate in the annual budgeting process and periodic financial forecasts, analyzing historical data and projecting future performance to CFO & FP&A in budget and forecast preparation.
  • Supervise payment and collection processes.
  • Function as a key user and expert in the ERP system, including modules such as Kyriba, SunSystems, and our Computer Maintenance Management System (CMMS) EAM facilitating effective use and troubleshooting issues.
  • Oversee inventory valuation and ensure that all financial processes related to inventory control align with Group rules and best practices including supervision of stock take.
  • Prepare and report various regulatory or contractual declarations (sales tax, airport fees etc.).
  • Liaise with external tax advisor & sister companies for corporate tax requirements.
  • Assist in preparing for and supporting semi-annual financial audits by ensuring compliance with audit requirements, consulting with auditors, and providing necessary documentation and explanations to facilitate smooth audit processes.
  • Supervise a team of accounting professionals and AR/AP Specialists.
  • Provide mentorship and ensure the team's alignment with financial objectives and company goals.
  • Build and maintain strong relationships with leadership and teams across the US to enhance workflow efficiencies, ensure compliance with accounting standards and promote best practices.
  • Serve as a financial liaison to department heads, providing critical financial insights and supporting cross-departmental initiatives.
  • Stay updated on industry trends, new accounting regulations and best practices to ensure AES remains at the forefront of financial management.

Requirements

  • Bachelor's or Master's degree in Finance, Accounting, Economics, or related field required; or any equivalent combination of education, training and experience which provides the required knowledge, skills, and abilities to perform the essential functions of the job.
  • 2+ years of experience in a similar supervisory position with 5 + years in an individual contributor accountant role preferably in an industrial division within the business-to-business sector.
  • Experience with ERP systems such SAP, NetSuite, SAGE, Infor products.
  • Proficiency in Microsoft Suite, including Excel and Outlook.
  • Ability to efficiently manage multiple challenging tasks within agreed time limits with critical thinking and quality.
  • Excellent communication and presentation skills, with the ability to effectively communicate complex financial concepts to non-financial stakeholders.
  • Must be able to read and speak the English language.
  • Some travel may be required.

AES is an Equal Opportunity Employer

AES provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law.



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