Staff Accountant

Staff Accountant

Reporting Location: Chicago - 345 North Morgan Workplace Type: Hybrid

ABOUT US Morgan Street Holdings is a privately owned enterprise with a diverse portfolio of operating companies, including HAVI Supply Chain, tms, Stanley and Continental. Our operating companies offer best-in-class sourcing and supply chain capabilities, brand-defining and marketing and promotion services, innovative consumer products, and dining and refreshment food solutions. Morgan Street Holdings employs over 10,000 people and serves 300+ customers across the globe.

WHY WORK HERE? At Morgan Street Holdings, we are proud to make moments that matter every day for our people and our customers. We do this through living our Morgan Street Holdings' values: Do What's Right Respect and Value All Think Big Together Elevate our Customers and People Our commitment goes beyond the written word; we bring these values to life every day, lighting our path and shaping our decisions and actions with unwavering purpose. Join us in experiencing the true essence of Morgan Street Holdings where our values are not just written but lived. We support our people with competitive pay, benefits, and flexibility, and strongly emphasize a growth mindset for achieving personal and career growth while at Morgan Street Holdings.

WHY WE THINK YOU WILL LOVE THIS ROLE As a Staff Accountant, you are not just processing entries, you are the financial owner of promotional inventory accounting for two geographies. In this role, you will:

• Own the End-to-End: Serve as the lead accountant for an assigned company, managing everything from month-end close to working with year-end audit requests
• Bridge the Gap: Actively partner with cross-functional teams and external system providers to ensure the integrity of our inventory and financial records.
• Grow Deeply: Gain deep exposure to core GAAP processes and a broad range of financial and operational departments and activities; build and display business acumen while working across and upward in the MSH family and with our partners.

WHAT YOU WILL DO (KEY RESPONSIBILITIES)

• Prepare month-end inventory journal entries to ensure proper recording of revenue, cost of sales, inventory, receivables, and vouchered/unvouchered payables based on inventory status/shipment date.
• Record monthly promotional journal entry for US, Canada, Europe, Latin America, Middle East, and Asia entities.
• Prepare other journal entries and reclasses for interest, discounts, returns, samples, merchandisers, statistical AR & inventory balances and the lower of cost or market inventory valuation.
• Complete account reconciliations monthly utilizing Oracle's Account Reconciliation Cloud tool and prepare and lead quarterly balance sheet fluctuation reviews.
• Review warehouse inventory reports vs general ledger and collaborate with contacts to resolve discrepancies.
• Enter inventory adjustments and initiate debit/credit transactions in accordance with policy.
• Manage insurance claim reporting, associated journal entries, and related federal tax filings.
• Respond to audit requests specific to assigned company and promotional inventory activity.
• Complete year-end packages and tax reporting for assigned company.
• Review and approve accurate entry of item inventory value (SPIF) in system for assigned markets.
• In partnership with warehouse leadership, coordinate the annual inventory of promotional products at all North America warehouses.
• Participate in ad hoc special projects as required and other tasks as assigned

SKILLS AND EXPERIENCE WE WOULD LIKE YOU TO HAVE Bachelor's degree in accounting or finance with heavy concentration in accounting required Pursuit of CPA certification a plus 0-2 years of accounting work experience Strong knowledge of GAAP Intermediate to advanced Excel skills Ability to work independently Detail-oriented mindset with the ability to manage multiple priorities Strong collaboration and communication skills Experience in inventory accounting Proficiency in JD Edwards (or similar ERP system) Knowledge of state tax compliance or tax exemption activities.

TOTAL REWARDS Our total rewards philosophy integrates programs for compensation, benefits, recognition, learning and development, corporate culture, corporate citizenship and work-life balance. While individual program components may differ by country, some things remain constant: Our commitment to rewarding results Opportunities to work with talented and driven individuals at every level of our company who respect each other, treat each other fairly and hold one another accountable for our customers'—and our company's—success There's more... Generous medical, dental, vision and other great benefits Paid parental and medical leave programs 401(k) with a company match component and profit sharing 15 days of paid time off plus company holidays Hybrid work model Tuition reimbursement and student loan repayment assistance Inclusive employee resource groups

EQUAL OPPORTUNITY EMPLOYER We are an equal opportunity employer, and we value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided with reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

RECRUITING AGENCIES MSH does not accept agency resumes submitted by third-party vendors unless a valid agreement has been signed and the tms Talent Acquisition Team has granted authorization for submissions for a specified position. Please do not submit or forward resumes to our site, tms employees, or any other company location. MSH is not responsible for any fees related to unsolicited resumes.