Senior Finance and Accounting Analyst in Carol Stream, IL at DAVIES MOLDING, LLC

Job Description

The once small plastic molding company that stood in downtown Chicago is now the largest manufacturer of plastic knobs and handles in the world today. While Davies Molding is well known for our knobs, handles and cases, the path to doubling our business is within our custom molding capabilities. Today, Davies Molding is the premier source of custom molding services for industrial infrastructure markets because of our unique positioning as a WBE (Woman owned Business Enterprises) molding partner coupled with both thermoplastic and thermoset molding capabilities. With our extensive experience in the design-to-product process, we are uniquely positioned to provide unmatched support for projects of any scale and serve as a high value partner in the design phase as well as the value creation phase of product lifecycle. 

Heico has a history of success. Since its founding over 40 years ago The Heico Companies has grown from a single business to over 78 separate companies through a strategic acquisition policy, and by reinvesting its earnings into internal growth and new prospects. Historically talented at restoring distressed companies, Heico strategically targets acquisitions that will complement its ever-growing portfolio of companies in manufacturing, construction, and industrial services.

These four core operations are organized into groups: Applied Solutions Group, Construction Solutions Group, Industrial Technologies Group, and Metal Processing Group. Once acquired, new Heico companies are assigned to a group and run on a stand-alone basis, allowing for great independence as well as the opportunity to share knowledge about markets, production processes, and management practices across other Heico groups and companies.

Heico continues to seek out new opportunities and maintain its standard of success. The Heico Companies has remained a privately held company since its creation and maintains a majority ownership in each of its operations, which generates more than $3.3 billion dollars in revenues. Many of our businesses are certified Woman-owned Business Enterprises (WBE).

More information about the overall organization can be found at www.heicocompanies.com.

Primary Responsibilities

• Perform Professional General Accounting Activities
• Ensure accurate monthly reporting in accordance with US GAAP
• Coordinate month-end closing with all departments. Prepare monthly journal entries, statements, monthly balance sheet reconciliations, and other analyses.
• Maintain the fixed asset system, post and track all capital entries, in-process projects, and depreciation expenses.
• Assist in the monthly review of all expenses and revenues for proper recording of transactions, as well as ensuring that Corporate Guidelines are met.
• Prepare monthly commission reports.
• Manage Bank Reconciliations
• Assist with quarterly and year-end financial audit activities and the annual corporate financial controls audit.
• Ensure inventory cost accounting accuracy.
• Analyze product code costing & variance reporting. Review costs such as labor and material costs, expense items, inventory, and work in process. Investigate and determine cause of cost variations. Make comparisons at stated intervals. Determine appropriate procedures to calculate unit costs.
• Assist in the standard cost update of raw material, labor, and overhead costs.
• Function as liaison with the Production Control Department to monitor perpetual inventories of raw material and finished goods. Ensure that all part numbers have a cost by reviewing perpetual. Enter costs of new parts as needed. Review Raw Material, Work-In-Process and Finished Goods reports on a monthly basis to ensure that proper cut-offs exist, all part numbers have costs and perpetual records tie to the general ledger.
• Coordinate annual physical inventory procedures and complete reconciliation.
• Subject matter expert working cross-functionally to improve margins.
• Manage and Improve Financial and Business Reporting
• Prepare Monthly Financial Package.
• Work cross-functionally to improve business reporting capabilities for actionable items through Microsoft Power BI
• Assist in preparation of annual business plan budget.
• Assist in upcoming D365 ERP implementation as the Subject Matter Expert (SME) for Finance.

Job Requirements    

Education

• BS in Accounting or equivalent accounting experience.

Skills & Relevant Work Experience

• Extensive knowledge of Accounting and Accounting principles.
• Computer literate with Microsoft Office Suite experience.
• Previous manufacturing and ERP system experience
• 3-5 Years relevant experience
• CPA preferred.

Benefits

• Great health benefits package, which includes Medical, Flex Spending, Health Savings Accounts, complemented by a dental and vision plan. 
• Assurance of financial security with company-paid benefits such as short- and long-term disability, employee Life an Accidental Death and Dismemberment policies. 
• A 401k with company match, supporting your future financial stability. 
• Tuition reimbursement, fostering personal growth and development. 
• Paid holidays and PTO time, ensuring time for relaxation and family.
• Access to the Employee Assistance Program and Meta Counseling, supporting you in times of need. 

ADA Requirements

• Typically sits, grasps items, and performs keyboarding for regular operation of a computer. 
• Stand, walk, bend, reach or otherwise move about regularly. 
• Life, move, or otherwise transfer items up to 40lbs occasionally. 
• Exposure to typical office environment.