Accounting Director

Posted 22 Days Ago
Be an Early Applicant
Chicago, IL
Hybrid
Senior level
Aerospace
The Role
The Accounting Director will lead the accounting functions for the Parts & Leasing division, oversee financial reporting, enhance automation in processes, and maintain relationships with executive leadership and the finance team. Responsibilities include managing audits, ensuring adherence to GAAP, and mentoring team members.
Summary Generated by Built In

About JSSI

For more than 35 years, Jet Support Services, Inc. (JSSI) has been the leading independent provider of maintenance support, advisory services, software, and financial tools to the business aviation industry. With 6,000+ aircraft supported by maintenance programs and software platforms, JSSI leverages this wealth of data, scale, and innovation to drive cost savings and provide custom solutions that align to the interests of each client, regardless of make or model. Learn more at jetsupport.com.

JSSI products and services include:

Maintenance Programs. Hourly Cost Maintenance Programs to stabilize maintenance budgets, maximize aircraft availability and enhance residual value.

Parts & Leasing. Experienced product line specialized team who leverages our All-OEM inventory and global vendor relationships and go beyond parts sourcing to find optimal customer solutions.

SoftwareTraxxall and Conklin & de Decker. Powerful data platforms to help you make more informed decisions, from choosing the right aircraft to tracking your maintenance, inventory, and MRO projects.

Advisory Services. Objective insights and independent technical advice from a global team of technical advisors and ASA-accredited appraisers for virtually any business jet, turboprop or helicopter.

Aviation Capital. Customized asset-based finance solutions for business aviation.


Position Summary:

In this dynamic and rapidly growing organization, you will play a critical role in driving continuous process improvement, enhancing controls, and advancing automation within the accounting function. As a leader within the Parts & Leasing division, you will manage and oversee the effective preparation, analysis, and reporting within the accounting department, ensuring accurate and timely close processes that meet monthly and annual deadlines.

Duties and Responsibilities:

  • Provide strategic leadership and oversight of all accounting functions related to the Parts & Leasing business, serving as a trusted advisor and business partner to the CAO, CFO, Parts & Leasing business team (including executive leadership) and teams across Accounting, FP&A, Tax, IT, and Treasury.
  • Lead and support initiatives to streamline and automate accounting processes, particularly in the areas of data and reporting.
  • Analyze inventory trends, identifying opportunities for process improvements and business insights to enhance profitability and cash flow.
  • Build and maintain strong relationships with the finance team and executive leadership to enforce financial reporting standards and implement best practices.
  • Collaborate with FP&A to analyze and explain monthly balance sheet and income statement fluctuations, ensuring accuracy in monthly reporting.
  • Foster an inclusive environment that encourages the development of a cohesive team, coaching and empowering future leaders within the department.
  • Manage the audit relationship for Parts & Leasing, with a focus on continuous improvement, communication, and productivity.
  • Evaluate, develop, and maintain accounting processes and policies to ensure consistent application of GAAP.
  • Oversee period-end close activities, ensuring timely, accurate, and complete journal entries, account reconciliations, and roll forwards in line with reporting deadlines.
  • Work closely with the warehouse team during the annual physical inventory count to ensure procedural accuracy and completeness.
  • Maintain a deep understanding of GAAP as it pertains to inventory valuation and its application in financial statements.
  • Stay abreast of current trends and emerging developments in accounting to ensure compliance and organizational preparedness.
  • Demonstrate strong problem-solving and analytical skills.
  • Operate effectively both independently and as a collaborative team member.
  • Exhibit excellent organizational and communication skills.

Desired Credentials:

  • Bachelor’s degree in accounting or a related field.
  • A minimum of 10 years of relevant experience, with a focus on inventory accounting preferred.
  • Certified Public Accountant (CPA) designation.
  • Expertise in Generally Accepted Accounting Principles (GAAP).
  • High business acumen, with the ability to anticipate future trends and their impact on the business.
  • Strong communication, collaboration, and influencing skills, with experience working directly with senior management.
  • Proficiency in MS Office.

JSSI is an Equal Opportunity / Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, protected veteran status, or other characteristic protected by law.


JSSI does not accept unsolicited resumes from individual recruiters or third-party recruiting agencies in response to job postings. No fee will be paid to third parties who submit unsolicited candidates directly to our hiring managers or Recruiting Team. 

Top Skills

Accounting
The Company
HQ: Chicago, IL
413 Employees
On-site Workplace
Year Founded: 1989

What We Do

For more than 30 years, Jet Support Services, Inc. (JSSI), has been the leading independent provider of maintenance support and financial services to the business aviation industry. JSSI is responsible for maintaining in excess of 2,000 business jets, regional jets and helicopters across the globe and serves customers through an infrastructure of certified technical advisors.

JSSI leverages this technical knowledge, experience, buying power and data to provide support at every stage of the aircraft life cycle; from aircraft acquisition to aircraft teardown and part out.

GTCR, a leading private equity firm, is a majority investor in JSSI.

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