General Ledger Accountant (w/m/div)
Illinois Tool Works · Turin · €44,000–€58,000 (stated in the posting)
Job Description:
Month-End & Year-End Closing
- Act as the primary point of contact for all finance-related processes for assigned entities.
- Own and coordinate month-end and year-end close activities to ensure timely and accurate financial statements.
- Prepare, review, and post journal entries, including payroll, accruals, prepayments, provisions, and other closing adjustments.
- Reconcile general ledger and balance sheet accounts, including GR/IR, inventory-related accounts, and other key closing balances.
- Review and analyze AR and AP aging reports, perform related AR/AP accounting and reconciliations, and follow up on outstanding or reconciling items
- Perform accounting activities related to manufacturing operations, including cost accounting, inventory valuation (raw materials, WIP, finished goods), and variance analysis between standard and actual costs.
- Prepare accurate and timely financial reports in accordance with internal policies and applicable accounting standards.
- Support tax and VAT compliance, including quarterly and annual filings.
- Coordinate year-end specific activities such as actuarial and pension provisions and transfer pricing adjustments.
- Identify and drive improvements to closing processes, internal controls, and efficiency.
Audit & Compliance
- Be the primary contact for external audits, prepare essential documentation, and facilitate audit processes.
- Ensure compliance with SOX requirements through regular monitoring and execution of controls.
Process Optimization
- Continuously improve financial processes, strengthen internal controls, and enhance reporting accuracy.
Financial Reporting
- Handle US GAAP tax reporting, along with various period-end reports and ad hoc reporting.
Additional Responsibilities
- Work closely with tax advisors, accounting providers, and Corporate Tax to determine deferred tax.
- Conduct statistical analysis, research, and support internal process optimization.
What You’ll Bring
- Education: Bachelor’s degree in business, Mathematics, or Business Informatics
- Experience: At least 6 years of professional experience in accounting.
- Technical Skills: Advanced Excel skills (VBA is a plus) and proficiency with SAP, Outlook, and statistical software
- Familiarity with Italian accounting standards, VAT, and statutory reporting requirements
- Analytical Skills: Strong numeracy and analytical ability
- Work Style: Dependable, deadline-oriented, and organized
- Personal Qualities: Flexible, resilient, accountable, and eager to learn
- Languages: Fluent in English and Italian
Compensation Information:
The expected annual gross salary range for this position is between 44.000 and 58.000 EUR. The final offer will be determined based in the candidate´s skills, experience, qualifications, and internal equity considerations.
More jobs at Illinois Tool Works · Finance & Accounting jobs in Turin