Senior Accountant

Senior Accountant

Department: Accounting & Finance

Employment Type: Full Time

Location: Oak Brook, IL

Compensation: $70,000 - $83,000 / year

The Senior Accountant, Supply Chain Accounting serves as key support to Supply Chain, Operations, Logistics, and Procurement — providing financial oversight of inventory valuation, purchase price variances, freight costs, inventory reserves, and excess and obsolete inventory management. This role is responsible for executing critical month-end close activities, completing balance sheet reconciliations, and driving continuous improvement across U.S. and Canadian operations. The ideal candidate is a self-starter who thrives in a fast-paced environment, communicates effectively across functions, and brings a continuous improvement mindset to everything they touch.

• Execute assigned month-end close responsibilities in accordance with established corporate close timelines.
• Prepare, review, and post journal entries with complete and accurate supporting documentation.
• Complete monthly balance sheet reconciliations for U.S. and Canadian entities, investigating and resolving open items timely.
• Partner with Procurement and Supply Chain teams to validate vendor rebate agreements, monitor rebate performance, and ensure accurate accounting and reporting of rebate accruals and earnings.
• Assist with annual external audits and borrowing base requests, including preparing schedules and responding to inquiries.

• Analyze in-transit inventory balances — domestic, imported, and manufactured — and investigate and resolve uncleared or stale items.
• Monitor cost variances and investigate uncleared balances by location and product code.
• Support standard cost maintenance and updates in the ERP, including participation in the annual cost roll process.
• Perform monthly review of inventory reserves, including excess, slow-moving, and obsolete inventory; identify trends, communicate findings and recommendations to leadership.
• Analyze and monitor Purchase Material Reserve (PMR) and Purchase Price Variance (PPV) activity; investigate significant fluctuations, identify root causes, and communicate findings.
• Investigate and correct accounting rule errors and mispostings in the ERP; partner with IT and operations to implement systemic fixes.
• Manage weekly freight pay runs and monthly freight accruals; ensure accuracy of freight cost allocations across divisions and locations.
• Partner with AP and Customer Service teams to monitor unbilled shipments, resolve billing delays, and minimize exposure related to unbilled customer shipments
• Analyze and resolve accounting variances impacting freight, distribution, and logistics operations.

• Partner with Operations, FP&A, Corporate Accounting and Logistics to analyze financial results and resolve discrepancies.
• Support continuous improvement initiatives to reduce close cycle timing, resolve systemic accounting issues, and improve reporting accuracy.
• Assist with special projects, ad hoc analyses, and other accounting and finance responsibilities as assigned.

• Bachelor's degree in Accounting, Finance, or Business.
• Minimum 3–5 years of progressive accounting experience, preferably in a manufacturing, distribution, or supply chain environment.
• Hands-on experience with inventory accounting, standard costing, cost absorption, or purchase price variance analysis.
• Advanced Microsoft Excel skills including Pivot Tables, advanced formulas, and financial modeling.
• Experience with ERP systems (M3, D365, Oracle HFM/FCC or similar) and reporting/analytics tools (Power BI or similar)
• Experience with AI tools (Claude, Copilot or similar)
• Strong analytical, organizational, and communication skills; ability to translate complex financial data into clear business insights.
• Proven ability to work independently and collaboratively in a fast-paced, deadline-driven environment.

The base salary range for this position is $70, USD annually*.

*The salary range for this position reflects a reasonable estimate of the range of compensation for this role. Reliable Safety and Flow Corporation's philosophy on compensation is based on careful consideration of additional factors such as (but not limited to) an individual’s education, training, work experience, job-related skill set, location, and industry knowledge, as well as the scope and responsibilities of the position and market considerations.