Filtration Group Corp

Senior Operations Accounting Analyst

Posted Date 1 day ago(10/14/2024 3:42 PM)
ID
2024-6603
Job Locations
US-IL-Oakbrook
Company
Filtration Group Corporate
Position Type
Regular
# of Openings
1

Overview

Filtration Group is on a mission to make the world safer, healthier, and more productive. With a passionate workforce, global footprint and world class engineering and manufacturing capabilities, we are driving innovation and developing solutions across a broad spectrum of applications in the fast-growing global filtration industry.   We are committed to maintaining an entrepreneurial culture built on a foundation of trust and in which our leaders exhibit a strong bias for action.   Please visit www.filtrationgroup.com

 

The Company began in 2009 and has rapidly grown to be a global leader in the highly attractive filtration industry.  With over $2.0 billion in revenue, Filtration Group is consistently recognized as the fastest growing and one of the largest filtration businesses in the world.   With 7,000+ employees, the Company serves its customers from a global footprint of 105 facilities in over 25 countries.  Filtration Group operates across a wide variety of attractive end markets and produces mission critical products with high replacement rates.   Over 80% of the Company’s revenue comes from replacement / consumable products, many of which are specified into customer’s products or processes.

 

We are seeking an individual with a strong accounting and financial controls background that can support us on our journey to improve procedures, processes, and internal controls across the organization. This role will be a key element of our corporate finance team and will report directly to the Corporate Operations Controller. 

Responsibilities

Policies and Procedures:

  • Work with the broader finance team to develop and maintain financial policies and procedures.
  • Benchmark Filtration Group policies and procedures with external examples to ensure adequacy of all policies and procedures.
  • Help coordinate the corporate orientation for newly hired finance leaders.
  • Provide training to accounting personnel on an as needed basis
  • Project champion Blackline (i.e., account reconciliation and accounting task software) implementations and optimization
  • Work closely with Internal Audit to implement Sarbanes Oxley level of internal controls across the organization. Help maintain minimum controls compliance standards across the organization.

Operations Controllership:

  • Analyze financial trends to identify potential risks and accounting problems at the international business units.
  • Perform risk-based reviews over business units’ accounting, including (i) process reviews, (ii) account reconciliation reviews, (iii) variance analyses, (iv) financial statement and metric trend analyses, and (v) conversations with field personnel.
  • Specific focus on:
    • Working capital management
    • Capitalized inventory variances
    • Finance personnel capabilities
    • Inventory standard costing and excess and obsolete reserves
    • Any subjective accounting policy
    • Bonus accrual levels
    • Appropriate mapping of business units general ledger accounts into Planful master chart of accounts
    • Revenue recognition/intercompany sales elimination
    • Operating changes that could be an impairment indicator
  • Assist Operations Controller in monitoring business units’ compliance with Filtration Group’s accounting policy and procedures.
  • Assist in review of quarterly operations financial fluctuation analysis.
  • Assist in the implementation of new GAAP as necessary.
  • Review percentage of completion accounting for applicable business units.
  • Support controllership with managing external auditor relationships to facilitate completion of audit procedures in a timely and efficient manner

Qualifications

  • Bachelor’s degree required.
  • Requires minimum 2-5 years of accounting experience, including public accounting audit and industry experience
  • Experience with manufacturing-based companies
  • A strong accounting background with CPA, CMA or in the process of pursuing relevant certifications.
  • Composed, mature individual comfortable working with financial and operating personnel at all levels.
  • Ability to work with consolidation/reporting tools like Planful in order to analyze business unit financial accounting data.
  • Intermediate Excel skills, capable of crafting complex spreadsheets and utilizing functions such as VLOOKUPs, pivot tables, and other formulas.
  • Demonstrated capability to lead change and generate process improvements leading to greater effectiveness and efficiency.
  • An individual of strong values and the highest level of integrity. Never compromises or risks reputation.
  • High degree of professional skepticism
  • Relishes working with limited direction and oversight. Can understand the goal and figure out how to achieve it on their own.
  • Comfortable working in international business environments.
  • Demonstrated ability to operate in a “hands on environment.”
  • Confident and self-aware with excellent interpersonal and communication skills, both written and verbal. A high impact presence—capable of quickly establishing credibility, influencing constituencies and persuading professionals at all levels.
  • Intelligent, with excellent analytical and strategic skills. Good business judgment and problem solving skills.
  • Strong results orientation and a tireless work ethic with the emotional intelligence to know when to push harder and when to look for alternative approaches.
  • Open to domestic and international travel.
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