Staff Accountant

Career Opportunities with WEG - A First Class Company!

Founded in 1961, WEG is recognized as one of the largest electric machine manufacturers in the world. WEG employs over 47,000 people around the globe and offers a diversified and integrated product line, with sales to more than 135 countries worldwide. Our U.S. operations are growing at an impressive rate and we're looking for talented individuals to help us move forward with this aggressive growth plan.

WEG offers competitive compensation, challenging and exciting career options, as well as great benefits, including paid vacation, medical, dental, vision, 401(k), flexible spending accounts, life insurance, and disability.

The Staff Accountant is responsible for supporting the finance department by ensuring accurate financial reporting, maintaining the integrity of accounting records, and performing a variety of accounting duties. This position plays an important role in the month-end closing process, general ledger reconciliations, financial reporting, and accounting projects.

Primary Responsibilities:

• Maintain and reconcile general ledger accounts
• Perform detailed account analysis to ensure accuracy of financial data
• Investigate and resolve discrepancies in accounts, documents, and reports
• Prepare and post journal entries for month-end close
• Assist with monthly, quarterly, and year-end closing processes
• Support internal and external audit processes by preparing necessary schedules and documentation
• Assist with the preparation of various financial statements and reports
• Provide timely and accurate financial reporting to management
• Assist in the preparation of annual budgets and periodic forecasts
• Monitor budget vs. actual performance and prepare reports on budget variances
• Administer the Motus car allowance program
• Work with WEG Business Services (WBS) to accomplish assigned tasks and responsibilities
• Assist in entering accounts payable transactions
• Upload payroll data to the general ledger monthly
• Analyze and prepare employee reimbursements and deductions data for payroll processing
• Calculate bi-weekly payroll wage accrual monthly
• Maintain accuracy of prepaid expenses, including insurance, trade shows, etc.
• Process invoicing of insurance, legal, and other administrative charges to US business units
• Assist with the proper recording of all fixed asset transactions, including disposals
• Assist in preparing account details for federal and state income tax filings
• Ensure adherence to GAAP, IFRS, and other accounting policies
• Ensure adherence to all company accounting policies and procedures
• Ensure adherence to internal financial controls, supporting the company's governance framework
• Identify opportunities to streamline accounting processes and improve efficiency
• Participate in accounting projects, such as system implementations, automation initiatives, or process reengineering
• Maintain key financial metrics and report them to management

Education:

• Bachelor's degree in Accounting, Finance, or related field

Knowledge/Training:

• Good computer and technical skills, including MS Office applications and proficiency with Excel
• Experience with SAP preferred
• Good understanding of US GAAP and IFRS financial accounting principles and practices
• Effective verbal and written communication skills, including the ability to explain financial information to non-accounting personnel in a clear manner
• Good organizational skills, attention to detail, and accuracy
• Good analytical and problem-solving skills
• Ability to work independently and as part of a team
• High level of integrity and confidentiality
• Ability to multi-task, use independent judgment, and apply sound decision-making skills
• Ability to work under pressure and meet financial reporting deadlines

Experience:

• Minimum of 2-3 years of accounting experience, preferably in a corporate environment
• Minimum of 1 year of SAP experience

WEG is the largest industrial electric motor manufacturer in the Americas and one of the largest manufacturers of electric motors in the world producing more than 21 million units annually. Founded in 1961, WEG operates mainly in the sector of capital goods, having five main businesses:
Motors, Energy, Automation, Coatings Transmission & Distribution, providing global solutions for electric motors, variable frequency drives, soft starters, controls, panels, transformers, and generators. The US corporate office is located in Duluth, GA with manufacturing units in Minnesota, Indiana and Missouri with over 30 thousand employees worldwide. Visit our website to learn more:

We offer a pleasant work environment, competitive compensation and full benefits package. Must be authorized to work in the United States. WEG does not offer visa sponsorship for this role.

We are proud to be an Equal Opportunity/Affirmative Action employer. Qualified applicants will receive consideration for employment without regard to race, sex, disability, veteran, or other protected status.

WEG Electric Corp. is an Affinegentive Action and Equal…