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Accounting Supervisor

ITWEden Prairie, Minnesota

$90,000 - $120,000 / year

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Overview

Schedule
Full-time
Education
CPA
Career level
Senior-level
Remote
On-site
Compensation
$90,000-$120,000/year
Benefits
Career Development
Tuition/Education Assistance

Job Description

Job Description:

14000 Technology Dr., Eden Prairie, MN 55344, USA

Full-time

Smart people.

Smart ideas.

Smart choice.

A thriving environment for learning, innovation and growth.

Why do so many people join MTS Systems Corporation and stay for a career? Because this is a place where you get to apply your creativity, work with smart people on fascinating projects, and make a positive impact on people’s lives. It is a place where you can learn, innovate and grow professionally.

Transforming what’s possible with cars, aircraft, bridges, wind turbines and space-age materials — this is work we dream about as kids. At MTS, it’s a rewarding career path for talented individuals who are willing to work hard, think hard, and commit to solving complex and critical challenges for our customers around the world, many of whom are leaders in their respective industries.

By joining MTS, you’ll have access to the latest tools and technologies, along with the support of colleagues who are passionate about their work. You’ll discover a dynamic culture of continuous improvement that extends to our people, one that offers numerous ways to expand your knowledge and advance your career. And because we are a global company, your work may also include world travel.

Primary Objective

The Accounting Supervisor is a hands-on leadership role at the center of our Finance team, responsible for the day-to-day operations of Accounts Payable, Accounts Receivable, and Sales and Use Tax Compliance. You will partner with the Accounting Manager to strengthen internal controls, lead month-end close, and continuously improve processes across the department. This role is equally comfortable in the transactional detail and in analyzing results to drive better decisions.

Major Areas of Accountability

Supervision & People Management

  • Lead, develop, and retain a skilled team across AP, AR, and Sales & Use Tax functions
  • Hire and onboard team members; set clear performance expectations and provide ongoing coaching
  • Foster a collaborative, high-accountability work environment

Month-End Close & Financial Reporting

  • Foster a collaborative, high-accountability work environment
  • Review accruals for corporate cards and delayed invoices; review balance sheet reconciliations including sales and use tax payable
  • Review accounts receivable reserve and credit memo accrual calculations; monitor and ensure timely collection of receivables
  • Analyze and summarize month-end financial results for management

Accounts Payable & Disbursements

  • Review and approve weekly check and ACH payment runs; sample invoices to verify accuracy and policy compliance
  • Review and approve manual journal entries as assigned

Internal Controls & Compliance

  • Assist maintaining and improving the internal control environment, including SOX controls and external environment, including SOX controls and external audit readines
  • Ensure daily operations comply with internal and external control requirements
  • Develop, enforce, and continuously improve accounting policies and procedures

Process Improvement

  • Utilize the ITW Toolbox philosophy to continuously analyze processes and systems to reduce complexity throughout the business
  • Map, document, and simplify finance and accounting processes; lead simplification initiatives using established continuous improvement frameworks
  • Identify and implement opportunities to reduce complexity across systems and workflows

Minimum Qualifications

  • Bachelor’s degree in Accounting or related field
  • 5+ years of progressive accounting experience
  • Demonstrates experience supervising or leading others
  • Strong analytical and problem-solving skills with attention to detail
  • Effective communicator across functions and levels

Preferred Qualifications

  • CPA
  • Experience with a major ERP system (e.g., SAP)
  • Experience with Concur or similar expense management tools
  • Familiarity with enterprise and PC-based financial applications

Physical Demands (US only)

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; reach with hands and arms; and talk or hear.  The employee is occasionally required to stand; walk; and stoop, kneel, crouch, or crawl.  The employee must occasionally lift and/or move up to 25 pounds.  Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception, and ability to adjust focus. 

Compensation Information:

$90,000 - $120,000 Annual Salary, commensurate with experience and qualifications

ITW is an equal opportunity employer. We value our colleagues’ unique perspectives, experiences and ideas and create workplaces where everyone can develop their careers and perform to their full potential. 

As an equal employment opportunity employer, ITW is committed to equal employment opportunity and fair treatment for employees, beginning with the hiring process and continuing through all aspects of the employment relationship. 

All qualified applicants will receive consideration for employment without regard to race, color, sex, gender identity, sexual orientation, religion, national origin, age, disability, protected Veteran status or any other characteristic protected by applicable federal, state, or local laws.

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FAQs About Accounting Supervisor Jobs at ITW

What is the work location for this position at ITW?
This job at ITW is located in Eden Prairie, Minnesota, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.
What pay range can candidates expect for this role at ITW?
Candidates can expect a pay range of $90,000 and $120,000 per year.
What employment applies to this position at ITW?
ITW lists this role as a Full-time position.
What experience level is required for this role at ITW?
ITW is looking for a candidate with "Senior-level" experience level.
What education level is required for this job?
The education requirement for this position is CPA. Candidates with relevant qualifications or equivalent experience may also be considered.
What benefits are offered by ITW for this role?
ITW offers following benefits: Career Development and Tuition/Education Assistance for this position. Actual benefits may vary depending on the employer's policies and employment terms.
What is the process to apply for this position at ITW?
You can apply for this role at ITW either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.