Senior Accountant

Founded in 1898 and headquartered in Chicago, IL, GATX Corporation (NYSE: GATX) is an industry leader with 125+ years of success—success that is powered by our people. We are proud of our high-performance culture, hard-working and enthusiastic management team, and beautiful office space in the Willis Tower.

At GATX, we hire the best and offer our employees a dynamic, energetic, collaborative environment to enable them to make an impact from day one. Enjoy the perks and benefits of a global company with the close-knit culture and community of a much smaller one. In the same way we strive to empower our customers to propel the world forward, we are dedicated to providing our people with the tools and resources they need to advance in their careers.

This position is responsible for performing general accounting functions for GATX’s Joint Venture (JV) entities. This includes the accurate and timely recording of transactions, assisting in maintaining the integrity of the general ledger and preparation of monthly reporting requirements. This position will own the monthly reporting and analysis of all JV accounts including understanding processes, analysis of accounts with a focus on cash, accounts receivable, and revenue, and working with applicable stakeholders.

• Joint Venture Monthly Accounting and Reporting
• Perform monthly close procedures, including coordination with contacts on appropriate support for various balance sheet accounts, such as cash and accounts receivable, compiling and understanding supporting data for these accounts, and researching the appropriate ledger coding for various miscellaneous transactions.
• Assist in the preparation and issuance of the internal JV monthly reporting package including monthly variance analysis explaining fluctuations of balance sheet and income statement accounts
• Prepare quarterly and annual supporting schedules as required for financial reporting department in accordance with 10-Q and 10-K disclosure requirements
• Reconcile cash and collaborate with the Accounts Receivable and Treasury departments to investigate cash and billing variances
• Collaborate with cross-functional groups on invoicing and cash settlement between GATX entities
• Support JV-related cash activities, such as the management of asset sales, cash distributions, and loan repayments
• Assist with internal and external audit requests.
• Be the primary point of contacts with departments across the organization for recording of transactions in the JV entities
• Assist in maintaining an effective control environment by executing controls to ensure compliance with established accounting policies
• Reconciliation and Account Analysis
• Reconcile assigned balance sheet accounts (primarily cash and accounts receivable) and review of income statement for reasonableness and accuracy.
• Understand the full end to end process for recording transactions, develop and propose process improvements
• Perform analysis of JV accounts to enable others to understand the nature of transactions and key drivers of activity
• Joint Venture Monthly Reporting to JV Partner
• Assist in the preparation and issuance of the external JV monthly reporting package including monthly variance analysis explaining fluctuations of income statement and balance sheet accounts, preparation of statement of cash flow and compilation of other reporting requirements.
• Consolidated Rail North America Monthly Reporting
• Assist in the preparation and issuance of the Consolidated Rail North America reporting package including monthly variance analysis explaining fluctuations of income statement and balance sheet accounts, and compilation of other reporting requirements.
• Special Projects
• Perform ad hoc requests and special projects as requested, which may include various accountings initiatives, systems projects, internal reporting, and other analysis deemed appropriate.

• Bachelor's Degree required in Accounting or Finance
• CPA or working towards one is desired
• 3-5 years of accounting experience
• Solid understanding of basic accounting and associated accounting skills
• Detail oriented – high attention to detail and accuracy
• Strong analytical skills

This is a hybrid position that will require the employee to work in the office at least 3 days a week throughout the year.

As of the post date, the salary range for this position is:

$80,800.00 USD - $ USD

This range is a reasonable estimate and takes into account several factors that are considered in making compensation decisions, including, but not limited to, geographic location, skill set, experience, education, training, internal equity, and other business needs.

This role may be eligible to participate in the Company’s short-term incentive plan, the details of which will be provided to the applicant upon hire.

This posting will remain open until the role is filled.