Accountant

Posted 2 Days Ago
Be an Early Applicant
Schaumburg, IL
Mid level
Chemical
The Role
The Accountant will manage various accounting functions including lease accounting, revenue recognition, preparing financial statements, bank reconciliation, and supporting financial closure processes. They will ensure compliance with US GAAP and participate in audits while preparing financial reports and account analyses.
Summary Generated by Built In

Company Description

In a world of vibrant color, INX stands out by blending art, science, and sustainability into every drop of ink we make. We’re globally recognized for our innovation, and we’re A Great Place to Work-Certified™ company!

INX International is the third largest producer of inks in North America with full-service subsidiaries in Europe and South America. We offer a complete line of ink and coating solutions technology for commercial, packaging and digital applications. We expertly blend pioneering technology with a deep commitment to the environment. Dedicated to coloring a safe and sustainable future one print at a time, you can see our color chemistry on beverage cans, food and household packaging, clothing, banners, billboards and more. 

Investing in and protecting our employees is the key to our success. Our average employee has been with us 12 years, and we recognize the significant experience and the continuous dedication of our team members. 

We’re actively seeking new talent with new ideas as we continue to provide sustainable products, service and innovation to the printing and packaging markets.

Join us in coloring a safe and sustainable future!

Job Description

The Accountant, under the general direction of the Assistant Controller, will be expected to work on numerous accounting functions. They must have knowledge of and a demonstrated ability to apply generally accepted accounting principles and internal controls. The Accountant will have the capacity to accomplish tasks independently, a willingness to learn new areas, and consistent performance with a sense of urgency and commitment. As Accountant, you are responsible to:

  • Maintain quarterly process for lease accounting in accordance with ASC 842, including contract review, working with third-party provider to acquire data inputs, recording journal entries and preparing reconciliations.
  • Analyze and interpret complex customer contracts to determine appropriate revenue recognition in accordance with ASC 606. Reconciles revenue accounts and investigates discrepancies, making necessary adjustments as needed.
  • Prepare financial statements for foreign entity with subsidiaries – intercompany eliminations, inventory in-profit, equity method and year-end footnote preparation
  • Prepare and enter foreign currencies into SAP
  • Reconcile several bank accounts (multiple currencies) and makes proper adjusting entries
  • Maintain customer rebates programs (creates and changes programs within SAP, accruals and issuances)
  • Prepare monthly journal entries and supports month-end, quarterly and year-end financial closing process activity and reporting
  • Prepare monthly and quarterly reporting; sales flash report, commissions, claims and government surveys
  • Participate in internal and external audits to ensure compliance with JSOX and US GAAP standards
  • Prepare account reconciliations/account analysis
  • Review currency translation
  • Perform various other responsibilities and projects as assigned

Qualifications

To perform your job as expected, you will be required to have:

  • Bachelor’s degree (B.A.) in Accounting from 4-year college or university; MBA, CPA or public accounting experience a plus;
  • 3-7 years of General Accounting experience, preferably in a manufacturing environment
  • Excellent knowledge of accounting and financial processes, reporting, and budgeting.
  • Proficiency in financial reporting under US GAAP, experience with foreign entities a plus.
  • Highly organized with keen attention to detail.
  • Proficiency with data analysis, critical thinking and problem-solving.
  • Excellent communication and interpersonal skills.
  • Proficiency in Microsoft Office, SAP, IBM Cognos Controller – consolidation software. 

In addition to these qualifications, we will consider it a plus if you have:

  • Exposure to ASC 842 and ASC 606 is strongly desired. Proficiency in financial reporting and US GAAP, with exposure to foreign entities and global consolidation
  • Proficiency in computer-based applications, including SAP ERP

Additional Information

We offer a competitive salary with excellent benefits including medical, dental, vision, life insurance, disability, pet insurance, HSA and FSA, 401(k), and more. Through our programs, which now include Paid Volunteer Time Off and Paid Parental Leave, we support the needs of our employees, their dependents, and their communities by providing a benefit package that is easy to understand, easy to access, and affordable for all our employees.

Don’t just choose a job; choose a career that emphasizes employee growth in a safe, environmentally conscious culture. Embark on your Colorful Career with us!

We require post-offer, pre-employment drug screens, physicals, and background checks.

Equal Opportunity Employer: disability/veteran

Top Skills

Accounting
The Company
HQ: Schaumburg, IL
967 Employees
On-site Workplace
Year Founded: 1992

What We Do

INX International Ink Co. produces and supplies ink and coatings for paper packaging, flexible packaging, rigid packaging, commercial printing, and digital printing applications in the United States and internationally. One of North America’s top three ink providers, INX focuses solely on formulations for printing, from basic chemistries to finished product. An industry leader in customizable visual solutions, INX International integrates product performance, technical service and technological development to provide our customers with the highest quality and most cost-effective ink and printing products.

With a strong commitment to digital printing, INX Digital developed Evolve Advanced Digital Solutions, a program to assist conventional impact printers with the integration of digital inkjet printing into their company’s capabilities.

Established in 1992, INX International is part of Sakata INX Corporation, a $1.3 billion company that has been producing inks since 1896. Headquartered in Schaumburg, IL, INX operates more than 25 plants in North America, and has over 50 locations on four continents.

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