IPS Corporation
Overview
Staff Accountant role at IPS Corporation. Location: Downers Grove, IL (Hybrid). Base pay range: $68,000.00/yr - $73,000.00/yr. Salary Range:
$68,000 - $73,000 annually. This range is provided by IPS Corporation. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Company
IPS Corporation is a global, market-leading provider of solvent cements, adhesives and specialized plumbing products for a broad range of construction, industrial, and manufacturing applications. Established in 1954 as the original inventor of solvent cement for PVC pipe applications, IPS has grown dramatically over the past 70+ years. Today with its three operating companies, Weld-On, IPS Adhesives and Water-Tite, IPS has 15 manufacturing plants and 21 distribution centers supporting sales to a diverse set of end markets in 85 countries. Our leading brands include Christy’s, FloodStop, Roof Top Blox, Tough Pans, SCIGRIP, Unika, E-Z Weld, Weld-All, and Weld-On. About the Role
The Staff Accountant plays a pivotal role in our finance team, contributing to the management of several systems and company ledgers, financial transactions, preparing comprehensive reports, and ensuring strict adherence to accounting principles and company policies. The ideal candidate will be well-versed in accounting principles and able to work comfortably with numbers and attention to detail. They will strive to understand the organization to interact effectively with and provide assistance to all levels of the organization. Essential Duties and Responsibilities
Month-End Close Activities – Prepare and post recurring journal entries; prepare accruals for AP, tax, audit, IT, and professional fees; ensure BOD fees are properly expensed; prepare reconciliations; support audit requests and documentation. Fixed Assets & Capital Projects – Circulate and review CIP (Construction in Progress) lists with Finance Directors (FDs); capitalize CWIP based on analysis and ensure proper classification; manage PP&E roll forward and send MTD CIP activity to Treasury. Lease Accounting – Inquire and track new leases entered in the past month; set up leases based on expense analysis and EZ Lease data; maintain lease roll forward and ensure compliance with ASC 842. Intangibles & Prepaid Amortization – Amortize intangibles and ensure proper I/C elimination; allocate and amortize Workers Comp and Misc. Insurance; amortize various prepaid expenses. Required Experience
Bachelor's degree in accounting, finance, or a related field 2+ years of previous general ledger accounting experience 1+ Year using business accounting software/ERP systems Knowledge of GAAP and accounting best practices Attention to detail and strong organizational abilities Ability to work independently, navigate ambiguity, and ask for assistance as needed Effective communication and interpersonal skills, both orally and in writing Ability to multitask and work in a fast-paced environment Excellent analytical and problem-solving skills Preferred Experience
Experience with JD Edwards (EnterpriseOne) or Sage Fixed Assets Experience in General Ledger Accounting Strong Microsoft Excel skills Experience with Lean Manufacturing, Kaizen, and problem-solving processes Knowledge/experience in other accounting functions (Accruals, Prepaids, Fixed Assets, Balance Sheet Reconciliations, Payroll Accounting, Cash) Experience in manufacturing industry Our Offer
We are a rapidly growing midsized company with a customer-centric mentality operating fast and lean. We foster problem solving, growth opportunities, and development aligned to strengths and interests. If you are a driven performer, you will work with committed, like-minded people, with support to reach your full potential. Competitive Compensation Package Insurance Benefits - Medical, Dental, Vision Health Savings Account (HSA) and Flexible Spending Account (FSA) Voluntary Benefits - Critical Illness, Hospital Indemnity, Accident Basic Life Insurance with Dependent Coverage Optional 401(k) with Company Match Vacation and Sick Leave Short Term & Long-Term Disability Tuition Assistance Program Employee Assistance Program Professional Development Opportunities Salary Range: $68,000 - $73,000 Seniority level: Entry level Employment type: Full-time Job function: Accounting/Auditing and Finance; Industries: Building Materials
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Staff Accountant role at IPS Corporation. Location: Downers Grove, IL (Hybrid). Base pay range: $68,000.00/yr - $73,000.00/yr. Salary Range:
$68,000 - $73,000 annually. This range is provided by IPS Corporation. Your actual pay will be based on your skills and experience — talk with your recruiter to learn more. Company
IPS Corporation is a global, market-leading provider of solvent cements, adhesives and specialized plumbing products for a broad range of construction, industrial, and manufacturing applications. Established in 1954 as the original inventor of solvent cement for PVC pipe applications, IPS has grown dramatically over the past 70+ years. Today with its three operating companies, Weld-On, IPS Adhesives and Water-Tite, IPS has 15 manufacturing plants and 21 distribution centers supporting sales to a diverse set of end markets in 85 countries. Our leading brands include Christy’s, FloodStop, Roof Top Blox, Tough Pans, SCIGRIP, Unika, E-Z Weld, Weld-All, and Weld-On. About the Role
The Staff Accountant plays a pivotal role in our finance team, contributing to the management of several systems and company ledgers, financial transactions, preparing comprehensive reports, and ensuring strict adherence to accounting principles and company policies. The ideal candidate will be well-versed in accounting principles and able to work comfortably with numbers and attention to detail. They will strive to understand the organization to interact effectively with and provide assistance to all levels of the organization. Essential Duties and Responsibilities
Month-End Close Activities – Prepare and post recurring journal entries; prepare accruals for AP, tax, audit, IT, and professional fees; ensure BOD fees are properly expensed; prepare reconciliations; support audit requests and documentation. Fixed Assets & Capital Projects – Circulate and review CIP (Construction in Progress) lists with Finance Directors (FDs); capitalize CWIP based on analysis and ensure proper classification; manage PP&E roll forward and send MTD CIP activity to Treasury. Lease Accounting – Inquire and track new leases entered in the past month; set up leases based on expense analysis and EZ Lease data; maintain lease roll forward and ensure compliance with ASC 842. Intangibles & Prepaid Amortization – Amortize intangibles and ensure proper I/C elimination; allocate and amortize Workers Comp and Misc. Insurance; amortize various prepaid expenses. Required Experience
Bachelor's degree in accounting, finance, or a related field 2+ years of previous general ledger accounting experience 1+ Year using business accounting software/ERP systems Knowledge of GAAP and accounting best practices Attention to detail and strong organizational abilities Ability to work independently, navigate ambiguity, and ask for assistance as needed Effective communication and interpersonal skills, both orally and in writing Ability to multitask and work in a fast-paced environment Excellent analytical and problem-solving skills Preferred Experience
Experience with JD Edwards (EnterpriseOne) or Sage Fixed Assets Experience in General Ledger Accounting Strong Microsoft Excel skills Experience with Lean Manufacturing, Kaizen, and problem-solving processes Knowledge/experience in other accounting functions (Accruals, Prepaids, Fixed Assets, Balance Sheet Reconciliations, Payroll Accounting, Cash) Experience in manufacturing industry Our Offer
We are a rapidly growing midsized company with a customer-centric mentality operating fast and lean. We foster problem solving, growth opportunities, and development aligned to strengths and interests. If you are a driven performer, you will work with committed, like-minded people, with support to reach your full potential. Competitive Compensation Package Insurance Benefits - Medical, Dental, Vision Health Savings Account (HSA) and Flexible Spending Account (FSA) Voluntary Benefits - Critical Illness, Hospital Indemnity, Accident Basic Life Insurance with Dependent Coverage Optional 401(k) with Company Match Vacation and Sick Leave Short Term & Long-Term Disability Tuition Assistance Program Employee Assistance Program Professional Development Opportunities Salary Range: $68,000 - $73,000 Seniority level: Entry level Employment type: Full-time Job function: Accounting/Auditing and Finance; Industries: Building Materials
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