Accounting Supervisor

Job Description

Job Description

Title : Accounting Supervisor

Reports into : The Financial Controller

Direct Reports : One (Sr. Accountant)

Position Type : Full-Time

Lapmaster International is a leading Global precision machine tool builder headquartered in the Chicago, IL area with offices around the world.

Our technical expertise includes Motion Control, Robotics, Automation, Machine Design, and Application Engineering across a broad variety of industries and technologies.

Our business model is to utilize leading technologies and exceptional engineering talent coupled with outstanding customer service to solve manufacturing and precision machining problems.

With over 60 years of experience, Lapmaster has a proven history of successfully developing cost effective processing solutions for virtually any application requiring precision sizing, flatness, parallelism, roundness, straightness, or surface

The Company is looking for a Full-Time Accounting Supervisor to join the team who is motivated, hardworking, and analytical.

Core Job Functions :

Position Description : Partner with the Financial Controller, Accounting Team, and business partners to ensure all accounting cycles are performed in a timely and accurate manner and supply relevant information in a timely manner to the business.

• Maintain the G / L and prepare the financial reports :
• Maintain and communicate the monthly close calendar :
• Ensure all steps required to close the general ledger and prepare the financial statements are included in the close calendar
• Sequence steps to achieve an efficient close
• Communicate the calendar and responsibilities
• Provide updates on the close to key stakeholders
• Maintain the list of one-time / non-recurring close tasks / journal entries
• Journal Entries / Account Reconciliation :
• Create / implement Lapmaster journal entry and reconciliations standards.
• Maintain a list of balance sheet account reconciliations and reconciliation assignments and monitor the completion of reconciliations.
• Calculate, prepare, review, post, and improve manual journal as assigned
• Prepare assigned financial statements and supporting schedules and partner with the Manager of consolidations to provide input into MD&A as required
• Support the development of a supply chain P&L that provides improved information over gross margin by line of business
• Partner with the business partners to ensure the reasonableness of material standards and develop / prepare reporting for purchasing variances
• Partner with the business partners to understand bill of material standards, routing standards, and absorption rates and develop / prepare reporting for manufacturing costs and variances
• Partner with the business partners to monitor warehousing and distribution costs and variances
• Administer key accounting systems :
• General Ledger : Chart of accounts, ledger periods, opening, and closing the subledgers
• Concur : Provision access to Concur
• Payroll : Register mapping to GL
• Other systems as needed
• Review and improve processes, analytics, and recordkeeping over accounting transactional cycles
• Review, perform, document, and improve financial controls
• Support the external audit by reviewing processes, controls, and preparing PBC schedules as requested by the external audit team
• Assist in projects to consolidate various ERP systems into a single system
• Prepare annual tax packages
• Request / maintain certificates of insurance
• Document key processes and procedures
• Other duties as assigned
• Position is a full time, onsite position and not remote

Education / Experience :

• Bachelor's Degree in accounting and finance / CPA / CMA a plus
• Minimum 5+ years experience in a finance function in a manufacturing environment.
• Strong skills in Microsoft Excel and Word required.

Other Duties and Qualifications :

• Detail oriented and results focused
• Ability to problem solve in a fast paced environment while managing multiple projects
• Must be hands-on, analytical, and highly collaborative capable of delivering results
• Excellent interpersonal, written and verbal skills
• Self-starter and able to solve medium to complex problems
• Ability to work effectively and cross-functionally with all levels of management

Company Description :

Lapmaster International, LLC is a leading international precision machine tool builder headquartered in Chicago’s Northwest suburbs near O’Hare Airport.

Our diverse team works with a broad variety of industries and technologies. Our technical expertise includes Motion Control, Robotics, Automation, Machine Design, and Application Engineering.

Our customers include small, mid-sized and Fortune 100 companies in a variety of industries including Automotive, Aerospace, Semiconductor, Electronics, Bearings, Optics / Electro-optics, Pumps, Valves, Compressors, and Medical Devices.

Our business model is to utilize leading technologies and exceptional engineering talent coupled with outstanding customer service to solve manufacturing and precision machining problems.

Since 1948, industry has relied on Lapmaster to solve the most challenging precision surfacing problems. With over 60 years of experience, Lapmaster has a proven history of successfully developing cost effective processing solutions for virtually any application requiring precision sizing, flatness, parallelism, roundness, straightness, or surface finish.

Lapmaster serves the Fine Grinding, Advanced Materials, Precision Optics, Bore Honing and Finishing, Lapping / Polishing and Metallographic markets through an expanding network of sales and services offices located throughout the world.

Sales and technical service is available either through local Lapmaster Sales Representative or through our main Sales and Technical Services Centers located in Mount Prospect, IL, Plymouth, UK, Chennai, India, Tokyo, Japan and Shenyang, China.

Competitive Benefits Package for Full Time employees :

• 401(k) with Matching
• Medical Insurance (Company contribution for Dependents)
• Dental insurance
• Vision insurance
• Company Paid Short-Term and Long-Term Disability
• Company Paid Life & AD&D
• Vacation, Sick, Holidays

Must be legally authorized to work in the United States without the need for employer sponsorship, now or at any time in the future

Equal Employment Opportunity Employer (EEO)

It is the policy at Lapmaster International to provide equal employment opportunities and affirmative action to all qualified individuals.

All personnel actions, including, but not limited to, compensation, benefits, recruitment, hiring, training, and promotion of persons in all job titles, are administered without regard to race, color, sex, sexual orientation, gender identity, age, religion, national origin, protected veteran or disability status, and all employment decisions are based solely on valid job requirements.

In addition, employees and applicants are protected from harassment, threats, coercion, intimidation, or discrimination

EEO is the Law (English)

Recruiter Policy :

Lapmaster International, LLC (aka Precision Surfacing Solutions) the Company has an internal recruiting function. The Company may supplement that internal capability from time to time with assistance from temporary staffing agencies, placement services, and professional recruiters (Agency).

Agencies are hereby specifically directed NOT to contact employees of the Company directly in an attempt to present candidates.

The Company’s policy is for the internal recruiting team or other authorized personnel to present ALL candidates to hiring managers.

Any unsolicited resumes sent to Lapmaster International, LLC from a third party, such as an Agency, including unsolicited resumes sent to a Company mailing address, fax machine or email address, directly to Company employees, or to the resume database will be considered Company property.

Lapmaster International LLC, will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume. Lapmaster International LLC, will consider any candidate for whom an Agency has submitted an unsolicited resume to have been referred by the Agency free of any charges or fees.

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