The Role
Maintains payroll and benefits accounting accuracy for union and non-union 401k plans. Prepares reconciliations, journal entries, month-end analyses, variance reports, and financial support for finance, HR, field locations, and vendors. Develops process measures, identifies improvement opportunities, and supports global payroll-related issues. Requires accounting expertise, strong communication, proficiency with Microsoft Office, and willingness to travel as needed.
Summary Generated by Built In
Position Summary:
The Penske Senior Accountant position has responsibility for reviewing financial statements, journal entries, complete variance reporting, and identify cost recovery/process improvement opportunities. The successful candidate will be responsible to provide expertise and accounting support to our field locations throughout the United Sates.
Major Responsibilities:
- Maintains accuracy of financial and employee records related to union and non-union 401k plans
- Develop and maintain process measures to monitor 401k benefits
- Provides financial data and support to Corp Finance, HR, the field and third party vendors
- Prepare account reconciliations and adequacies for various benefit accounts
- Prepare journal entries and analysis for month-end close
- Identifies process improvement opportunities
- Work with global teams on issues/questions related to payroll
- Other projects and tasks as assigned by supervisor
QualificationsQualifications:
- At least 3-5 years experience in the field of accounting required
- Bachelor's degree in Accounting
- Proficiency in the use of Microsoft Outlook, Word, Excel, and PowerPoint required. Experience in PowerBI preferered
- Experience with AS400 and ADP system preferred
- Payroll and / or benefits experience preferred
- Strong communication skills required
- Regular, predictable, full attendance is an essential function of the job
- Willingness to travel as necessary, work the required schedule, work at the specific location required, complete Penske employment application, submit to a background investigation (to include past employment, education, and criminal history) and drug screening are required.
Physical Requirements:
- The physical and mental demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- The associate will be required to: read; communicate verbally and/or in written form; remember and analyze certain information; and remember and understand certain instructions or guidelines.
- While performing the duties of this job, the associate may be required to stand, walk, and sit. The associate is frequently required to use hands to touch, handle, and feel, and to reach with hands and arms. The associate must be able to occasionally lift and/or move up to 25lbs/12kg.
- Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus.
Penske is an Equal Opportunity Employer.
About Us About Penske Truck Leasing/Transportation Solutions
Penske Truck Leasing/Transportation Solutions is a premier global transportation provider that delivers essential and innovative transportation, logistics and technology services to help companies and people move forward. With headquarters in Reading, PA, Penske and its associates are driven by a dedication to excellence and a commitment to customer success. Visit Go Penske to learn more.
Skills Required
- 3-5 years of accounting experience
- Bachelor's degree in Accounting
- Proficiency with Microsoft Outlook, Word, Excel, and PowerPoint
- Experience with Power BI
- Experience with AS400 and ADP systems
- Payroll and/or benefits experience
- Strong communication skills
- Regular, predictable, full attendance
- Willingness to travel as necessary and work at the specified location and schedule
- Completion of employment application, background investigation, and drug screening
Penske Logistics Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Penske Logistics and has not been reviewed or approved by Penske Logistics.
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Retirement Support — Retirement options include a 401(k) and, in some driver roles, a 100% company‑funded pension that provides strong long‑term value. These retirement features are described as rare and valuable within certain assignments.
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Leave & Time Off Breadth — Paid vacation, holidays, and sick leave are part of the standard package, with some roles offering PTO starting on day one. Time‑off provisions are consistently presented alongside core benefits.
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Healthcare Strength — Medical, dental, vision, and hearing coverage are complemented by telemedicine, mental‑health support, and disability options. FSAs/HSAs and wellness resources contribute to broad healthcare coverage.
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The Company
What We Do
Penske Logistics is a Penske Transportation Solutions company. We provide supply chain management and logistics solutions to leading brands around the world. Penske Logistics delivers value through its design, planning and execution in transportation, warehousing, freight management, and dry-van truckload services. Penske offers customized supply chain and logistics solutions including: Dedicated Contract Carriage; Distribution Center Management; Freight Management; Freight Brokerage; Transportation Management Solutions (TMS); Lead Logistics Provider (LLP), Control Tower and 4PL Solutions. We serve a variety of industries including: automotive; food, beverage, grocery, wine and spirits; cold chain; convenience and drug stores; quick service restaurants (QSRs); retail; big box retailers; building and construction products; CPG; healthcare; industrial manufacturing; consumer appliances and consumer electronics; and many others.
