Staff Accountant

Posted 19 Hours Ago
Be an Early Applicant
Itasca, IL
75K-90K Annually
Junior
Hardware • Other • Retail
The Role
As a Staff Accountant at Hi-Cone, you will be responsible for managing daily financial operations, including accounts payable, vendor relationships, journal entries, account reconciliations, and supporting the finance team with various tasks, all while adhering to GAAP compliance.
Summary Generated by Built In

Company Description

Hi-Cone is shaping the Future of Sustainable Packaging!

Hi-Cone, a division of ITW (NYSE: ITW), is a global leader in ring carrier multi-packaging systems for the Alcohol and Non-Alcoholic Ready-to-Drink (NARTD) beverage markets. We are committed to transforming sustainable secondary packaging, working closely with major Consumer Packaged Goods (CPG) companies to build an eco-friendlier world. If you’re passionate about making a difference and pioneering next-generation solutions in multipackaging, you might be the perfect fit for Hi-Cone!

Join ITW, a Fortune 200 company with revenues of $16.1 billion in 2023 and over 46,000 dedicated colleagues worldwide. ITW’s decentralized, entrepreneurial culture fosters innovation, customer focus, and best-in-class returns.

The salary range for this position is $75,000 - $90,000 annually. The pay rate for a successful candidate will depend on the successful candidate’s qualifications and prior experience.

Job Description

Join Our Dynamic Finance Team!

Are you passionate about accounting and ready to make an impact in a growing company? We are seeking a detail-oriented Staff Accountant to join our finance team. Reporting directly to the U.S. Controller, you will play a crucial role in managing daily financial operations. Your growth and development in this role could lead to exciting career advancement opportunities at ITW.

What You'll Do:

  • Take full ownership of the accounts payable process by posting journal entries, maintaining accounting periods, and ensuring accurate cost allocations.
  • Manage vendor relationships and invoice processing under the 80/20 principles for 1099 issuance.
  • Maintain CAPEX reports by accurately coding fixed assets to their respective projects for effective Job Cost reporting.
  • Analyze leased machine costs and complete property tax assessments, matching them against our customer machine base.
  • Oversee and report sales and use tax on accounts payable items.
  • Gather and analyze financial data to prepare monthly journal entries, ensuring timely completion of month-end closing procedures.
  • Perform account reconciliations for general ledger accounts, addressing any discrepancies.
  • Play a role in developing and monitoring company internal controls.
  • Assist with other tasks as needed to support the finance team.


Qualifications

  • A Bachelor’s degree in Accounting or Finance; recent graduates eager to advance their careers are welcome.
  • 2-3+ years of accounting experience in a manufacturing setting.
  • Proficiency in standard office tools such as word processing, spreadsheets, and databases.
  • A solid understanding and ability to apply GAAP for compliance and reporting.
  • Strong communication skills and a collaborative, self-directed work style.
  • Ability to multitask, handle pressure, and meet deadlines efficiently.

**Why ITW?**

Become part of a team that values innovation, teamwork, and professional growth. At ITW, we provide an inclusive environment where diverse perspectives are welcomed and rewarded. Join us and drive success in a role where your efforts will truly make a difference.

Additional Information

Why Hi-Cone?

Hi-Cone offers a competitive compensation package, robust benefits, and a dynamic environment where your contributions make a difference. For details, visit http://www.myitwhr.com.

ITW is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Ready to lead the future of sustainable packaging? Apply today!

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.

Top Skills

Accounting
Finance
The Company
HQ: Glenview, IL
45,000 Employees
On-site Workplace
Year Founded: 1912

What We Do

ITW (NYSE: ITW) is a Fortune 200 global multi-industrial manufacturing leader with revenues totaling $14.1 billion in 2019. The company’s seven industry-leading segments leverage the unique ITW Business Model to drive solid growth with best-in-class margins and returns in markets where highly innovative, customer-focused solutions are required. ITW’s approximately 45,000 dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture.

From state-of-the-art dishwashers, ovens and refrigerators in restaurants and hotels, to automobile components inside vehicles all over the world ... the products we manufacture and the solutions we design are all around us. The buildings where we live and work are built with ITW construction and welding products, and our ITW test & measurement solutions help to ensure the quality and safety of millions of products.

ITW’s dedicated colleagues around the world thrive in the company’s decentralized and entrepreneurial culture. Our leaders have deep expertise in the ITW Business Model and leverage it to deliver superior performance and value to our customers.

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