Senior Accountant in Carol Stream, IL at DAVIES MOLDING, LLC

Date Posted: 2/26/2018

Job Snapshot

Job Description

Davies Molding LLC, a Pettibone company, has been a leading supplier of standard knobs, handles, cases and custom plastic components since 1933. The company has an extensive range of molds and utilizes multiple plastic types that gives its customers the widest selection of styles and mountings available. With over 400 products and 9,000 variations in size, shape, color and molded-in metal inserts, Davies supplies top-quality parts engineered to meet virtually any requirement. 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.

The Position
This is a diverse accounting position that includes all aspects of cost and general accounting activities for a plastics manufacturer.

Job Description

Primary Responsibilities

Maintain the cost accounting standards for all materials.
oAnalyze product costing variance reporting. Review costs such as labor and material costs, expense items, inventory and work in process. Investigate and determine cause of cost variances.
oAssist in the standard cost update of raw material, labor and overhead costs.
Coordinate and analyze inventory reporting.
oWork 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.
oCoordinate annual physical inventory procedures and assist completing reconciliation.
Perform general accounting and reporting activities
oCompute and prepare reports and analyses as requested by Controller. Coordinate month-end closing with all departments. Prepare monthly journal entries, financial statements, and other analyses. Analyze and calculate various expense accruals.
oMaintain the fixed asset system; journalize all capital entries and depreciation expenses. Run the tax depreciation reports on an annual basis to submit to Corporate for tax return consolidation.
oReview monthly purchases for sales and use tax exposure. Prepare annual Illinois Sales and Use Tax Report after review has been completed.
oReport daily and weekly sales orders, sales shipments and backlog to Corporate.
oBuild Monthly Financial Package.
oCalculate and prepare monthly commission reports for payment.
oAssist in preparation of annual business plan budget.
oPrepare Balance Sheet account reconciliations on a monthly basis.

Job Requirements


BS in Accounting or equivalent Cost Accounting experience.

Skills Relevant Work Experience

3-5 years accounting experience
Understanding of US GAAP
Cost Accounting experience
Proficient with Microsoft Office.
Critical thinker with excellent analytical abilities.
Able to organize workflow and work independently.
Excellent interpersonal and communication skills
Knowledge of ERP systems. AS400 or Microsoft Dynamics experience preferred


We offer an excellent compensation package with 100 401K Match.