Overview:

This position is responsible for performing general accounting functions for the Rail North America segment.  This includes the accurate and timely recording of transactions, assisting in maintaining the integrity of the general ledger and applicable subledgers and preparation of monthly reporting requirements.

Responsibilities:

  • Perform monthly close procedures for various areas including cash, selling general and administrative expenses, prepaids and other assets, accrued expenses and joint ventures amongst others
  • Ensure monthly activities are recorded in accordance with GATX accounting policies
  • Prepare monthly trend analysis and expense reports
  • Own various month end processes to ensure routine and recurring transactions are appropriately recorded and reversed as needed
  • Assist in the preparation of monthly reporting packages by refreshing and populating templates, investigating variances and understanding the nature of balances in the general ledger
  • Display a knowledge of foreign currency transactions and intercompany processes
  • Prepare quarterly and annual supporting schedules as required for financial reporting department in accordance with 10-Q and 10-K disclosure requirements
  • Assist with internal and external audit requests.
  • Assist in maintaining an effective control environment by executing controls to ensure compliance with established accounting policies
  • Liaise with various departments such as benefits, insurance, tax and legal to understand the nature of transactions and ensure appropriate recording of them
  • Reconcile assigned balance sheet accounts monthly
  • Effectively document reconciliations and other supporting schedules to enable reviewers to quickly understand and assess them
  • Understand the full end to end process for recording transactions, develop and propose process improvements
  • Perform analysis of accounts to enable others to understand the nature of transactions and key drivers of activity
  • Perform monthly close procedures for Canadian operations and ensure monthly activities are recorded in accordance with GATX accounting policies.
  • Maintain workpapers to enable reviewers to easily assess supporting documentation and determine follow up actions as necessary
  • Perform adhoc requests and special projects as requested, such as documentation of business processes, process improvement recommendations

 

Qualifications:

Contacts:

  • Various Departments – various levels throughout the organization (primarily peers and managers)
  • Financial Reporting
  • Tax Department
  • Treasury Department
  • IT Department
  • Legal Department
  • Human Resources Department
  • External and Internal Auditors
  • Business Analysis Group

Typical Decisions:

  • Ensure transactions are recorded in compliance with GAAP and/or GATX policy
  • Supporting documents are complete and accurate
  • Escalation of accounting issues to manager with recommendation solution

Job/Work Environment Characteristics:

  • Deadline pressures, particularly the first week and a half of the month. Also be expected to work some weekends in January for year end reporting requirements
  • Tasks prioritized to meet deadlines
  • Special projects to improve accounting processes
  • Ability to communicate with various groups
  • Structured with procedures that need to be followed

Qualifications/Requirements:

  • Bachelors Degree required, Accounting or Finance
  • CPA or working towards one desired

 

Type and Amount of Experience:

  • 2-4 years of accounting experience

          

Knowledge (i.e. knowledge of HR law and principles):

  • Solid understanding of basic accounting and associated accounting skills
  • Excel and Microsoft office products
  • SAP experience

 

Key Competencies:

  • Detail oriented – high attention to detail and accuracy
  • Organizational Skills
  • Critical thinking and problem solving
  • Analytical Skills
  • Written/Oral Communication Skills – able to document work and make it easy to follow for others
  • Willingness to learn
  • Team player – willing to help in other areas as needed and support the performance of the overall team
  • Continuous improvement – exhibits a continuous improvement mindset and willing to step in and take necessary actions to make improvements

Consistent with GATX policy, all new hires are required to be fully vaccinated against COVID-19 and if eligible per CDC guidance to receive a COVID-19 booster shot, subject to accommodation. 

 

GATX embraces diversity and is proud to be an Equal Opportunity Employer. We are committed to building a team that represents a variety of backgrounds, perspectives, and skills.

 

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

GATX Corporation