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Power Solutions International, Inc.

Staff Accountant

Posted 3 Days Ago
Be an Early Applicant
In-Office
60143, Itasca, IL, USA
60K-75K Annually
Entry level
In-Office
60143, Itasca, IL, USA
60K-75K Annually
Entry level
The Staff Accountant supports monthly general ledger close activities, including journal entries, reconciliations, standard cost maintenance, cost accounting, financial reporting, and audit-related analysis. The role assists with SOX controls, documentation, unusual cost review, job costing, ERP updates, and special accounting projects while ensuring compliance with GAAP and regulatory standards.
The summary above was generated by AI

Salary Range- $60,000-$75,000

Power Solutions International (PSI) is a leading manufacturer of emissions-certified powertrains specializing in customized and fully integrated turnkey solutions for the leading global equipment manufacturers in the industrial, transportation, and energy markets manufacturers. Our facilities are housed in one million square feet of engineering, assembly, operations, and distribution space across seven facilities. We are positioned to meet the high production volumes of our customers with added capacity for growth.


Position Summary:

The Staff Accountant will assist the Senior Accounting Manager by preparing journal entries and reconciliations for the monthly general ledger close with the focus on cost accounting. Ensure that all deliverables comply with regulatory guidance and professional standards. Assist with accounting related general ledger and other special projects assigned by management. The successful candidate will play a crucial role in timely and accurate financial reporting as well as implementation of controls around operations and SOX compliance.

Essential Responsibilities:

  • Assists in maintaining standard costs of finished goods and production components in an ERP system. (Epicor)
  • Assists in the review of unusual cost records, ensures cost data is allocated accurately and jobs are closed correctly.
  • Assist with various month-end closing procedures including preparing journal entries and related supporting schedules.
  • Conduct monthly and quarterly account reconciliations to ensure accurate reporting and ledger maintenance.
  • Create financial and accounting ad-hoc reports for analysis by internal and external regulatory audit compliance.
  • Work on various special projects and perform other accounting assignments as needed.
  • Document policies, procedures, and workflow for assigned areas of responsibility.

Requirements:

  • Bachelor degree, preferably in Accounting
  • Direct applicable work experience on a year-for-year basis which built competencies and subject matter expertise in Accounting and/or Financial Reporting with a combination of public company experience.
  • Basic understanding of Generally Accepted Accounting Principles (GAAP).

Preferred Qualifications:

  • Certified Public Accountant (CPA) or CPA candidate preferred.
  • Epicor ERP system knowledge
  • Manufacturing industry experience.
  • Must be able to effectively handle multiple projects simultaneously.
  • Excellent verbal, written communication, and interpersonal skills.
  • Ability to maintain and report confidential information in an appropriate manner.

PSI is committed to providing a work environment where employees respect and value each other as individuals and is free of harassment and discrimination. PSI believes that all persons are entitled to equal employment opportunity in all areas of employment and does not discriminate against employees or applicants on the basis of race, color, gender, gender identity, national origin, ancestry, religion, physical or mental disability, medical condition, pregnancy, childbirth or related medical condition, marital status, sexual orientation, age, military status, protected Veterans status, Vietnam Era Veterans status or any other characteristic protected under federal, state or local law.

Qualifications

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