Staff Accountant

Staff Accountant

Joining the PHC Group means becoming a vital player in one of the world's foremost producers and suppliers of top-tier laboratory equipment. Operating in the dynamic biomedical and diagnostics sectors, we cater to a diverse and expanding range of life science facilities. Our products are essential tools for researchers and professionals in pharmaceuticals, biotechnology, and healthcare, making a meaningful impact on advancements in these fields. Your role with us will be an integral part of this impactful journey.

About the opportunity: Join PHCNA as a Staff Accountant and help support vital accounting functions to ensure consistent compliance with IFRS while maintaining accurate financial statements and ensuring strong internal controls over financial reporting.

Location: This is a hybrid role based in Wood Dale, Illinois. On-site presence required on Tuesdays and Thursdays.

What you will be doing:

• Financial Data Management
• Prepare journal entries, including prepaid expenses, accruals, and adjusting entries
• Verify the validity of monthly allocations
• Review and approve coding of operating expenses
• Reconcile sub-ledger accounts to general ledger balances
• Maintain accurate account reconciliations and supporting documentation, including sub-ledgers, journals, and other financial records
• Process overseas wire requests through internal banking systems
• Process ACH and check batches using internal banking systems and the Microsoft Dynamics AX ERP system
• Support ad-hoc requests from senior management and other departments
• Controls and Compliance
• Follow Parent Company PHC Corporation policies, internal controls, JSox, and Sarbanes-Oxley (SOX) requirements
• Support the protection of company assets through adherence to established processes and controls
• Conduct initial internal control evaluations
• Investigate, resolve, or report inconsistencies or improprieties to the Accounting Manager
• Review and interpret accounting policies and procedures
• Assist with audits related to financial statements and internal controls with external independent auditors
• Prepare indirect tax reporting and support remittance to state taxing authorities
• Financial Analysis
• Identify and research account discrepancies
• Prepare and post reclassification journal entries as needed
• Review assigned general ledger accounts and prepare correcting journal entries as needed
• Review marketing, advertising, and promotional expenses to ensure alignment with business plans
• Perform accounting analysis, including balance sheet accounts, expense and salary accruals, departmental expenses, prepaid expenses, insurance, and travel advances
• Assist with monthly financial analysis, including balance sheet, income statement, and changes in financial position or budget variance analysis
• Budgeting and Reporting
• Prepare financial reports and related statements, charts, tables, and other supporting exhibits
• Assist with budget and forecast preparation

What you need for success:

• A bachelor's degree in accounting or finance is required
• 12 years of full-time experience in an accounting function required
• Internship experience in a corporate accounting environment preferred
• Experience performing accounting department functions
• Experience applying IFRS accounting principles and supporting financial statement preparation
• Experience supporting SOX compliance and internal control processes
• Experience analyzing financial data and resolving accounting-related issues
• Experience using Microsoft Excel, including Pivot Tables, VLOOKUP, HLOOKUP, INDEX, IF, and other formulas
• Experience using Microsoft Dynamics AX or similar ERP systems preferred

The hiring range for this position is $55,000 - $65,000, plus individuals may be eligible for a 10% annual discretionary bonus. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications, location, and applicable employment laws. PHCNA offers a wide range of benefits, including medical, dental, vision, 401(k), holiday pay, vacation, and more.

Building an Inclusive Culture: We are a company that brings varying backgrounds, ideas, and points of view to inventing on behalf of all customers. Our diverse perspectives are enriched by many dimensions, including race, ethnicity, gender, age, physical and mental ability, sexual orientation, religious beliefs, culture, language, and education, as well as professional and life experience. We are committed to diversity, equity, and inclusion, and leveraging our unique perspectives to scale our impact and growth.