JobTarget Logo

Senior Accounting Manager in Hoffman Estates, Illinois at NSK America Corp

NewSalary: $90000 - $115000
NSK America Corp
Hoffman Estates, Illinois, 60192, United States
Posted on
New job! Apply early to increase your chances of getting hired.

Explore Related Opportunities

Purchasing Managers jobs near me in IllinoisJobs near me in IllinoisPurchasing Managers jobs

Job Description

Essential Duties and Responsibilities:

The Senior Accounting Manager is responsible for overseeing the organization's accounting operations, financial reporting, general ledger activities, accounts payable, accounts receivable, credit management, tax compliance, and internal controls. Serve as the primary liaison to purchasing, operations, and inventory management teams, ensuring alignment between operational activities and financial reporting while supporting inventory accuracy, cost management, and working capital objectives. This position ensures the accuracy and integrity of financial information, compliance with GAAP and regulatory requirements, and the efficient operation of accounting processes. The Senior Accounting Manager partners with leadership to support strategic decision-making, financial planning, risk management, and continuous process improvement while providing leadership and development to the accounting team.

Financial Accounting & Reporting

  • Manage the monthly, quarterly, and annual financial close processes, ensuring timely and accurate reporting.
  • Maintain responsibility for all general ledger activities, including journal entries, account reconciliations, accruals, fixed assets, prepaid expenses, and financial analysis.
  • Prepare and review monthly, quarterly, and annual financial statements in accordance with GAAP.
  • Prepare consolidated financial statements and supporting schedules.
  • Analyze financial results and provide explanations of significant variances, trends, and business performance.
  • Review and approve accounting transactions to ensure proper classification and recording.

    • Accounts Receivable, Credit & Collections

  • Oversee accounts receivable operations, collections activities, and aging management.
  • Establish and maintain customer credit policies and procedures.
  • Review and approve new customer accounts and credit limits.
  • Monitor customer credit exposure and collection performance.
  • Coordinate collection efforts and resolve customer account issues.
  • Analyze bad debt reserves and recommend appropriate adjustments.

    • Accounts Payable & Cash Management

  • Oversee accounts payable activities to ensure timely and accurate invoice processing and vendor payments.
  • Manage cash flow forecasting and working capital analysis.
  • Reconcile bank accounts and monitor cash balances.

    • Tax & Compliance

  • Coordinate preparation and filing of sales and use tax, property tax, GST/HST, and other applicable tax returns.
  • Support income tax reporting requirements by preparing schedules and coordinating with external tax advisors.
  • Ensure compliance with federal, state, local, and international regulatory requirements.
  • Serve as primary accounting contact for external auditors and tax advisors.

    • Inventory & Purchasing

  • Partner with Purchasing, Operations, and Inventory Management teams to ensure accurate inventory valuation, costing, receipts, adjustments, and financial reporting of inventory transactions.
  • Review and monitor inventory activity, including inventory reconciliations, cycle counts, physical inventories, obsolescence reserves, and inventory adjustments to ensure accuracy and compliance with company policies.
  • Collaborate with Purchasing to analyze vendor transactions, inventory purchases, freight costs, and inventory-related accruals to ensure proper accounting treatment and financial reporting.
  • Provide financial analysis and recommendations related to inventory levels, purchasing trends, inventory turnover, carrying costs, and working capital management.
  • Support the development and implementation of inventory controls and procedures to improve accuracy, reduce risk, and strengthen operational efficiency.
  • Partner with Purchasing and Operations leadership to identify cost-saving opportunities, improve inventory management practices, and support strategic business objectives.

    • Internal Controls & Process Improvement

  • Develop, implement, and maintain accounting policies, procedures, and internal controls.
  • Evaluate existing processes and recommend improvements to increase efficiency, accuracy, and scalability.
  • Ensure compliance with company policies and financial reporting standards.
  • Support ERP and accounting system implementations, upgrades, and enhancements.

    • Budgeting & Financial Planning

  • Assist in preparation of annual budgets, forecasts, and cash flow projections.
  • Monitor budget performance and provide recommendations regarding corrective actions.
  • Support leadership with financial modeling, profitability analysis, and strategic initiatives.

    • Leadership & Team Development

  • Supervise, mentor, and develop accounting staff.
  • Review work performed by accounting team members and provide coaching and feedback.
  • Build strong working relationships with colleagues, clients and vendors.
  • Establish performance expectations and support employee development plans.
  • Participate in recruiting, interviewing, onboarding, and retention efforts.
  • Foster a culture of accountability, continuous improvement, and professional growth.

    • Other Responsibilities

  • Support mergers, acquisitions, and business integration activities, as needed.
  • Assist and provide support for the insurance renewal
  • Maintain confidentiality of financial and business information.
  • Perform special projects and other duties as assigned.

    • Management reserves the right to change job duties and responsibilities at any time. Therefore, this job description is not designed to cover every requirement of the job.

    Education and Work Experience Qualifications:

    • Bachelor's degree in Accounting, Finance, or related field required.
    • CPA designation preferred.
    • 7-10+ years of progressive accounting experience.
    • 3-5+ years of accounting leadership or supervisory experience.
    • Strong experience with general ledger accounting, financial reporting, month-end close, and internal controls.
    • Experience managing accounts receivable, credit functions, collections, and accounts payable.
    • Experience supporting audits and tax compliance activities.
    • Experience with ERP/accounting systems implementation or optimization preferred.
    • Manufacturing, distribution, or industrial industry experience preferred (if applicable).

    Core Competencies

    Technical Competencies

  • Advanced knowledge of GAAP and financial reporting.
  • Strong understanding of tax compliance requirements.
  • Financial statement preparation and analysis.
  • Budgeting, forecasting, and cash flow management.
  • ERP systems and accounting software proficiency.
  • Advanced Microsoft Excel skills.

    • Leadership Competencies

  • Team leadership and staff development.
  • Strategic thinking and problem solving.
  • Process improvement and change management.
  • Project management.
  • Decision making and accountability.
  • Cross-functional collaboration.

    • Professional Competencies

  • Strong analytical and organizational skills.
  • Excellent written and verbal communication.
  • High attention to detail and accuracy.
  • Ability to manage multiple priorities and deadlines.
  • Strong ethics and commitment to confidentiality.

    • Featured Benefits:

      PTO, Medical, Dental, Vision, Short & Long-Term Disability, Life Insurance, 401k, Tuition Reimbursement


    Hours: Monday - Friday: 8:30am - 5:00pm

    Job Location

    Hoffman Estates, Illinois, 60192, United States

    Frequently asked questions about this position

    Similar Jobs In Hoffman Estates, Illinois

    NewUrgently Hiring

    Manager of Sourcing

    Powers Health
    Munster, Indiana
    Hot Job

    Director of Procurement - Residential Construction

    Airoom Companies, LLC
    LINCOLNWOOD, Illinois

    Sales Consultant

    The Good Feet Store Midwest
    Highland, Indiana

    Senior Commercial Account Executive

    ThoughtSpot
    Chicago, Illinois

    Senior Sales Consultant

    American Sale
    Bridgeview, Illinois

    Apply Now