Klein Tools - Lincolnshire

  • Senior Accountant

    Job Location US-IL-Lincolnshire
    Posted Date 4 weeks ago(4 weeks ago)
    450 Bond Street
  • Overview

    Klein Tools has a 160-year history of serving the hand tool needs of professional tradesmen with products that represent a standard of excellence, innovation, technology and quality in our industry. We are looking for candidates who want a career working with The Premier Brand of Hand Tools.


    We are currently looking for a Senior Accountant to be located in our Lincolnshire, IL Facility.


    The Senior Accountant is responsible for ensuring that transactions of the business have been properly accounted for and accurately reflect the company's accounting process. This position will have no direct supervisory responsibilities, but does serve as a coach and mentor for entry level accountants. The Senior Accountant addresses tight deadlines and a multitude of accounting activities including general ledger preparation, balance sheet reconciliation, inter‐company accounting, sales tax reporting, year‐end audit preparation and annual budget preparation. This position will have contact with upper management, work directly with Plant Controllers and report to the Accounting Manager.


    Specific Responsibilities will include:


    1. Maintain and control the general ledger accounts and business transactions of the organization, in accordance with Generally Accepted Accounting Principles GAAP﴿ as well as in compliance with Corporate Accounting guidelines and procedures.
    2. Assist the Corporate Accounting Manager and Plant Controllers with month‐end close through preparation of monthly journal entries, month end accruals and reporting.
    3. Prepare monthly and quarterly account reconciliations to ensure accurate reporting and ledger maintenance.
    4. Review and analyze financial information and prepare financial reports and accounting statements so that senior management has accurate and timely information for making financial decisions.
    5. Assist with annual external audits by communicating with auditors and providing supporting schedules as requested.
    6. Maintain the sales tax reporting application to ensure sales tax is calculated, collected and remitted in a timely and accurate manner.
    7. Review inter‐company transactions and generate invoices as necessary, ensuring balances tie out with subsidiaries.
    8. Obtain and maintain a thorough understanding of the financial reporting and general ledger structure within multiple systems.
    9. Assist in the annual budget preparation, providing direction to functional or operational area managers.
    10. Coach less experienced accounting staff and help them resolve problems.
    11. Create ad‐hoc reporting and work on special projects as required by Senior Management.
    12. Maintain an up‐to‐date knowledge base and understanding of GAAP.
    13. Propose and implement improvements to current processes.
    14. Assist in the development and implementation of new policies and procedures.
    15. Perform other duties as assigned.


    Qualified applicants will possess Bachelor’s degree in accounting plus five to seven years of full cycle accounting experience is required. CPA with manufacturing accounting experience is a plus. Knowledge of and experience in using integrated accounting systems. Must possess and demonstrate knowledge of financial regulations, laws, and reporting requirements.


    Strong organizational, problem‐solving, and analytical skills. Acute attention to detail. Good judgment with the ability to make timely and sound decisions. Ability to work independently with minimal supervision. Ability to communicate with all levels of management both verbally and in writing. Ability to work collaboratively across business functions.


    Ability to manage multiple projects simultaneously. Proficiency in Microsoft Office products. Advanced Microsoft Excel skills sumifs, sumproduct, pivots, vlookups, linking, formula auditing, shortcuts, etc.﴿



    Klein Tools provides a competitive compensation and benefits package, including:

    • 401(k) Company Match
    • Profit Sharing
    • Paid Vacation/Holidays
    • Shared Cost Medical & Dental
    • Flex Spending
    • Education Reimbursement Program
    • Employee Discount Program
    • Onsite Employee Fitness Center

    If you have the commitment to succeed and the desire to join an organization recognized as the industry leader, please submit your cover letter and resume.


    No phone calls please.




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