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Accountant - Accounts Receivable

Job in Oak Brook, DuPage County, Illinois, 60523, USA
Listing for: Ace Hardware Corporation
Full Time position
Listed on 2026-07-23
Job specializations:
  • Accounting
    Financial Reporting, Accounts Receivable/ Collections, Accounting Manager, Financial Analyst
  • Finance & Banking
    Financial Reporting, Accounts Receivable/ Collections, Accounting Manager, Financial Analyst
Salary/Wage Range or Industry Benchmark: 66000 - 82600 USD Yearly USD 66000.00 82600.00 YEAR
Job Description & How to Apply Below

About This Role

Responsible for the Accounts Receivable monthly close, including preparation of journal entries, account reconciliations, and balance sheet and P&L variance analysis to ensure accurate and timely financial presentation. Provides analytical support and coordinates cross-functional projects and initiatives, monitors and resolves SAP billing exceptions, assists with the annual P&I/patronage dividend process, responds to management and retailer inquiries, and develops, reviews, and streamlines related policies and procedures.

What You’ll Do

  • Perform the monthly close process across key A/R areas (retailer loans, retailer incentive programs, bad debt reserves, equity, and patronage), including preparing journal entries, account reconciliations, variance analysis, and audit schedules; respond to management inquiries
  • Prepare and periodically distribute monthly department deliverables (e.g., Store Count Report, Bad Debt Expense Summary, and Accounts Receivable Monthly Board Report); perform ad hoc analytics and develop new reporting as needed
  • Support the annual P&I/patronage dividend process, including coordinating timely cash and stock payments; provide patronage rebate estimates to retailers and assist with forecasting impacts to balance sheet and cash flow, partnering with IT on calculation/system updates
  • Review the Daily Billing Threshold Report to ensure billings over established thresholds are accurate; partner with the appropriate departments to correct any issues identified
  • Monitor and clear SAP billing exceptions, including the billing due list (VKDFS table) and invoices not passed to accounting (VFX3), ensuring timely posting to customer and general ledger accounts
  • Serve as a back-up for the loan review process by reviewing loan funding requests, verifying documentation and approvals, and ensuring proper execution
  • Clear lockbox and A/R Clearing accounts daily to ensure accurate cash application and timely reconciliation
  • Prepare year-end A/R footnote support and respond to audit requests as needed

Who You Are

You are a detail-oriented accounting professional with strong Accounts Receivable and month-end close experience. You’re comfortable preparing journal entries and reconciliations, explaining balance sheet and P&L variances, and producing accurate recurring reports. You communicate clearly with cross-functional partners, including IT, to troubleshoot SAP billing exceptions and improve processes. You manage competing deadlines well and bring a continuous-improvement mindset to high-volume, deadline-driven work.

Required Skills

  • Bachelor’s degree in Accounting
  • 1–3 years of work experience in a corporate accounting capacity (Accounts Receivable experience preferred)
  • Strong analytical and problem-solving skills with a strong understanding of accounting principles; ability to interpret financial data to identify operational issues or trends
  • Self-motivated and detail oriented with the ability to handle multiple tasks within established deadlines
  • Excellent verbal and written communication skills
  • Working knowledge of fundamental accounting concepts and processes (A/R, A/P, basic tax implications, and basic audit functions)
  • Proficient in SAP and Microsoft Office, including advanced skills in Microsoft Excel and working proficiency in Microsoft Word

Preferred Skills

  • Advanced Excel skills (e.g., pivots, v-Lookups, complex formulas) and experience building repeatable month-end reporting
  • Experience troubleshooting SAP billing and posting issues (e.g., SD/FI integration, billing due list / invoices not passed to accounting)
  • Experience supporting complex AR programs (e.g., loans, incentives, patronage/dividend calculations) and responding to internal or retailer inquiries
  • Prior experience preparing audit schedules and year-end footnote support
  • Demonstrated process improvement mindset (e.g., streamlining reconciliations, improving controls, or automating recurring tasks)

Compensation Details:

$66000 - $82600 per year

Why should you join our team?

We live our values - W.E.L.I.G.H.T (Winning, Excellence, Love, Integrity, Gratitude, Humility, and Teamwork). Gratitude. Humility. Love. You don’t often see values like…

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