Job Information
ITW Accounts Receivable Specialist in Lake Bluff, Illinois
Job Description:
Buehler, a division of Illinois Tool Works, (https://www.buehler.com/) is a leading manufacturer of scientific equipment and supplies for use in material analysis. Over the past 80+ years, Buehler has established sales, manufacturing and laboratory services located throughout North America, Europe and Asia. Comprised of world-class products and brands, such as Wilson Hardness, Buehler continues a long history of providing market-leading technology to support our customers in their sample preparation and material analysis applications.
Buehler’s parent company, ITW, is a Fortune 200 global diversified industrial manufacturer of value-added consumables and specialty equipment with related service businesses. The Company focuses on profitable growth with strong returns across worldwide platforms and businesses. The businesses serve local customers and markets around the globe, with a significant presence in developed as well as emerging markets.
Job Description
G/L and subledger management, including month-end close responsibilities:
Review Accounts Receivable subledger, research and resolve account discrepancies
Prepare balance sheet reconciliations
Prepare and book necessary journal entries
Assist Accounting Manager in Bad Debt/ Allowance for Doubtful Accounts calculation, if needed
Ensure compliance with relevant accounting standards and company policies
Cash and Accounts Receivables:
Verify, allocate, post, and reconcile transactions for US based and international companies
Applying deposits to correct accounts and invoices (daily)
Invoice customers in ERP system and customer portals as necessary
Review customer accounts and release orders on credit hold
Assist in collections, which includes sending reminders and statements to assigned customers
Maintain process narratives and manuals related to AR and Cash
Other responsibilities:
Assist both internal and external auditors during audit engagements.
Identify process improvements, and assist in the implementation of company accounting policies and procedures.
Provide support and work closely with Sales, Service, Customer Service and other departments on projects as assigned.
Assist Accounting Manager/ Controller with budgeting and forecasting processes, if needed.
Additional duties and projects as assigned
Qualifications
Associate's degree or equivalent work experience, Bachelor's degree a plus
Minimum 3 years of previous accounting experience (manufacturing environment preferred)
Required to be detailed, organized, able to work independently and know when to elevate issues for resolution
Quick to learn and follow instructions
Strong PC skills required, understanding of MS Excel (formulas, Pivot tables), Word and Outlook.
Familiar and comfortable using complex ERP systems. Knowledge of Microsoft Dynamics NAV a plus.
Good written and verbal communication skills.
Continuous growth and improvement mindset
Experience working with multinational companies and/or manufacturing companies, a plus.
Additional information
7.5% 401k match
4 weeks of paid time off
10 paid company holidays
Recognition program
Competitive health insurance
Buehler is located in Lake Bluff, IL, and falls within TW's Test and Measurement Segment. To learn more about our brand, please visit www.buehler.com.
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.
Compensation Information:
This position is located in Lake Bluff, IL and has an hourly rate of $22.00-$26.00. Pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position may also include other elements dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
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