Accountant at Ametek, Inc.
Mount Prospect, IL 60056
About the Job
AMETEK is a world-class global manufacturer of electronic instruments and electromechanical devices with annual sales of approximately $4.5 billion. Publicly traded on the NYSE since 1930 and a component of the S&P 500, AMETEK
has over 16,500 colleagues at more than 150 operating locations in 30 countries around the world. Our mission is to solve our customers’ most challenging problems with differentiated technology solutions. AMETEK’s Growth Model combines four strategies: Operational Excellence, Strategic Acquisitions,
Global & Market Expansion, and New Product Development.
Our core values — ethics, integrity, respect for the individual, diversity and inclusion, teamwork and social responsibility — are essential to doing business the right way. AMETEK believes that a diverse workforce and an inclusive environment are critical to the continued growth and success of the company. We seek to hire, develop, and retain individuals who embrace and thrive in our performance based, entrepreneurial culture. We are united by our common spirit of collaboration, creativity, and innovation, backed by the powerof a large, global company. To learn more about working at AMETEK visit
For more than 100 years, Atlas has been a leader in materials durability testing, offering a complete line of weathering testing instrumentation, laboratory, and outdoor testing services. Atlas products are designed and manufactured to conform to international and industry standard test methods, including ISO, ASTM, DIN, JIS and numerous others. Markets include automotive, paint and coatings, plastics and additives, textiles, pharmaceutical and consumer products, architecture, aerospace, photovoltaics, and packaging..
Headquartered in Mount Prospect, IL, Atlas employs over 250 colleagues around the world and operates major facilities in the US and Germany. Acquired by AMETEK in 2010, Atlas Material Testing is a business unit within AMETEK’s Measurement, Communication and Testing Division, which provides the design, integration and installation of critical communication systems, workflow, life-safety solutions and calibration instruments for temperature, pressure and process control.
Website:
Position Summary:
Perform accounting, clerical duties and routine work in following varied standardized accounting procedures and practices. Responsible for various daily and monthly functions in the Accounting department including managing all collections activities and cash applications for the general ledger, as well as reporting, and tracking of progress against key deliverables and goals. Additionally, the role will handle all aspects of fixed asset accounting and will make journal entries and perform account reconciliations at month end for the AWSG general ledger.
Key Reponsiblities:
- Manage the overall collections effort for A/R working closely with Atlas customer facing team members when necessary.
- Handle phone inquiries and prepare written correspondence on past due or problem accounts.
- Initiate phone contact with customer for collection of account.
- Creates tools to analyze and report progress on reducing past due receivables on a weekly/monthly basis while working closely with Atlas customer facing contacts to increase cash collected.
- Manage 105 Ledger Activities for Chicago and AWSG
- Responsible for monthly invoicing of AWSG including running the invoices, printing, mailing or e-mailing and invoicing thru Customer’s Special Portals
- Responsible for receiving and recording cash, credit memos, commissions and sales adjustments into the Atlas ERP system for processing and record keeping and ensuring the accuracy of the Atlas General Ledger.
- Responsible for Monthly Invoicing of AWSG including running the invoices, printing, mailing or e-mailing and invoicing thru customer’s special portals.
- Responsible for running the deferred revenue for AWSG and posting it to the General Ledger.
- Manage credit process for 105 general ledger
- Minimize credit risk by performing credit checks and approvals including sales orders with potential credit problems.
- Processes the authorization and settlement for all customer invoices paid through credit cards.
- Establish and maintain credit lines for any new or existing Atlas customers utilizing credit and bank reference tools.
- Handle accounting for pre-paid expenditures and monthly amortization.
Requirements for the Postion:
- Bachelors degree in Accounting or Finance required. Associates degree may be acceptable depending on individuals experience and capabilities.
- Two years related experience and/or training; or equivalent combination of education and experience is preferred.
- Previous experience in a position that involved working with collections in high volumes requiring excellent persuasive skills.
- Demonstrated ability calculating figures and amounts such as discounts, interest, commissions, proportions, and percentages. Ability to apply concepts of basic algebra.
- Proficient in Microsoft Office applications, in particular Excel and other computer-based analytical tools to mine, organize, sort, and interpret data.
- Prior experience would have required the understanding of contract terms and their impact on collections. Demonstrated understanding of key metrics such as DSO’s and Cash Cycle; as well as complexities of Letters of Credit and other credit related instruments.
- Demonstrated ability to define problems, collect data, establish facts, and draw valid conclusions from data.
- Past experience should demonstrate the ability to perform at high levels in a fast paced ever-changing work environment.
- Prior experience in a manufacturing environment preferred.