Staff Accountant/Accounts Receivable Specialist
$66k - $75kIllinois Tool Works, Inc.
Staff Accountant/Accounts Receivable Specialist
We are seeking a detail-oriented and organized Staff Accountant/Accounts Receivable Specialist to join our accounting team. This position will be responsible for a combination of general accounting duties and the day-to-day management of accounts receivable.
Key Responsibilities
- Manage the accounts receivable process
- Communicate professionally with customers regarding account balances and payment status.
- Apply customer payments accurately and in a timely manner.
- Monitor customer accounts and follow up on outstanding balances.
- Research and resolve customer billing questions, discrepancies, and payment issues.
- Process credits, adjustments, and other account changes as authorized.
- Prepare and post journal entries and maintain accurate general ledger accounts.
- Perform monthly account reconciliations.
- Assist with month-end and year-end closing procedures.
- Review transactions for accuracy and proper account coding.
- Assist with accounts payable and other accounting functions as needed.
- Prepare supporting schedules and reports for management and financial reporting.
- Assist with maintaining accurate and organized accounting records.
- Support the Accounting Manager with special projects and financial analysis as needed.
Requirements
- Bachelor's degree in accounting, finance, or related field.
- 2-5 years of accounting experience, with experience in accounts receivable strongly preferred.
- Strong understanding of basic accounting principles and general ledger processes.
- Experience with accounting software and Microsoft Excel.
- Excellent attention to detail and accuracy.
- Strong organizational and time-management skills
- Ability to communicate professionally with customers and internal team members.
- Ability to independently manage priorities and meet deadlines.
- Strong problem-solving and reconciliation skills.
Preferred Qualifications
Experience with SAP a plus
Experience with collections and customer account management.
Experience assisting with month-end close.
Intermediate Excel skills, including sorting, filtering, formulas, and pivot tables.
Prior experience in a Staff Accountant or similar accounting role.
Key Competencies
Accuracy and attention to detail
Accountability and follow-through
Organization and time management
Professional communication
Customer service
Problem solving
Confidentiality and integrity
Ability to work independently and as part of a team.
What We Offer
Competitive compensation
Health, dental, and vision benefits
Paid time off and holidays
Retirement plan
Professional development opportunities
Collaborative work environment
Salary Range: $66,000-$75,000 annually, depending on experience and qualifications
Equal Opportunity Employer: We are committed to providing equal employment opportunities to all qualified applicants.
ITW is an equal opportunity employer. We value our colleagues' unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential.
As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship.
All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.
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