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Sr Accountant

Date: Feb 1, 2019

Location: LAKE FOREST, IL, US, 600455202

Company: Grainger

Grainger is a broad line, business-to-business distributor of maintenance, repair and operating (MRO) supplies and other related products and services. More than 3.2 million businesses and institutions worldwide rely on Grainger for products such as safety gloves, ladders, motors and janitorial supplies, along with services like inventory management and technical support. These customers represent a broad collection of industries including commercial, government, healthcare and manufacturing. They place orders online, on mobile devices, through sales representatives, over the phone and at local branches. Approximately 5,000 suppliers provide Grainger with more than 1.6 million products stocked in Grainger’s distribution centers and branches worldwide.

 

 

Primary Function

This position is responsible for all Controllership activities for General Accounting.  This person is critical to the closing process and will perform extensive review, analysis and internal reporting, including balance sheet and P&L analytics, calculating and interpreting financial metrics and benchmarking.  

 

 

Principal Duties & Responsibilities

  • Apply GAAP while executing all Controllership activities in an accurate and timely manner.  Ensure assigned GL accounts are accurately stated and substantiated.  Leverage Blackline to automate and streamline the closing process.
  • Prepare month end reporting/analysis and present results to Senior Management.
  • Understand and be able to articulate end to end processes that impact general accounting.
  • Ensure all key controls over financial reporting are designed and operating effectively, as assessed by IA/EY. Support the quarterly reviews and annual financial statement audit performed by EY.
  • Complete balance sheet and income statement analytics and explain business reasons for large variances.  Calculate key metrics and explain deviations to historical periods.  Perform benchmarking to assess performance against competition.  
  • Drive continuous improvement by automating, refining, and implementing processes, tools, and deliverables both within Controllership and supporting business functions.
  • Assess risks and opportunities and identify key operational and financial issues to be addressed.  Provide recommendations and influence business decisions.
  • Collaborate and assist cross functional business partners to execute strategic initiatives and investigate and resolve issues.
  • Respond to ad hoc reporting and analysis requests on a timely and accurate basis.
  • Accept new responsibilities as business needs change.

 

 

Preferred Education & Experience

  • Accounting or Finance degree required; CPA and/or MBA preferred
  • Understand and apply Generally Accepted Accounting Principles (GAAP) and research and apply new accounting standards as necessary
  • Adherence to deadlines, especially during the monthly and quarterly close process is critical
  • Self-starter and able to work independently, solve problems, and achieve results while managing multiple priorities
  • Excellent analytical skills, intellectual curiosity, big picture thinking, ability to challenge the status quo and determine how controllership activities can be planned and executed more effectively and efficiently
  • Understand end to end processes, identify critical risks and assess whether controls are designed and operating effectively to mitigate the risks
  • Excellent verbal and written communication skills. Ability to understand the details and effectively share with Senior Management in a clear and concise manner
  • Solid analytical experience and the ability to identify and explain unusual or unexpected results
  • Exceptional interpersonal skills and ability to build relationships and influence decision making
  • Agility and flexibility to operate in a dynamic and fast-paced organization
  • Outstanding work ethic, team-oriented and customer-focused
  • Drive to learn about different areas of the business, as well as a desire to strengthen financial acumen through diverse experiences and opportunities
  • Experience with SAP, BPC and Blackline are highly desired
  • Advanced knowledge of Microsoft Office, particularly Excel

 

 

Work Environment

  • Additional hours may be required during the monthly close cycles
  • Limited travel may be required

 

 

Impact

This position has a key impact on the organization by ensuring the timely and accurate accounting for all general accounting transactions.  Ensures compliance with generally accepted accounting principles and SEC requirements.  Any error, either in amount or classification, has an impact on the Company’s reported results.  Any error could also cause Company or operating management to take incorrect action.  Furthermore, this position assists management in making informed decisions.

 


Working Relationships

This position will interact with the following teams:

  • Internal: Shared Controllership Services (Panama), AR/AP, Credit and Collections, Payroll, HR, Legal, Indirect Procurement, Non-Income Tax dept, Internal Audit, Global Internal Controls, Treasury, Finance, Sales Operations, Treasury
  • External: External Auditors, third party vendors and specialists

 

 

Grainger is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, gender identity, sexual orientation, disability, or protected veteran status.

 


Job Segment: Sales Operations, Procurement, Payroll, Accounting, ERP, Sales, Operations, Finance, Technology

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