Sr Accountant
Overview:
Founded in 1898 and headquartered in Chicago, IL, GATX Corporation (NYSE: GATX) is an industry leader with 125+ years of success—success that is powered by our people. We are proud of our high-performance culture, hard-working and enthusiastic management team, and beautiful office space in the Willis Tower.
At GATX, we hire the best and offer our employees a dynamic, energetic, collaborative environment to enable them to make an impact from day one. Enjoy the perks and benefits of a global company with the close-knit culture and community of a much smaller one. In the same way we strive to empower our customers to propel the world forward, we are dedicated to providing our people with the tools and resources they need to advance in their careers.
This position is responsible for performing general accounting functions for GATX’s Rail North America and Corporate segments. 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. This position will share ownership of the monthly reporting and analysis of all accounts for Rail North America and Corporate segments, including understanding processes, analysis of the accounts, and working with applicable stakeholders.
Responsibilities:
Monthly Accounting and Reporting of Rail North America and Corporate Segments
- Ensure monthly activities are recorded in accordance with GATX accounting policies and prepare relevant journal entries for areas including recording and tracking of payroll and benefits, work in process (WIP), revenue accruals, prepaid expenses, and stock-based compensation, amongst others.
- Lead the preparation of the monthly and quarterly reporting package by investigating and documenting income statement and balance sheet variances and statement of cash flows.
- Develop a working knowledge of intercompany processes and effectively ensure all intercompany transactions are appropriately documented, billed and settled
- 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
Reconciliation and account analysis
- 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 and develop and propose process improvements
Other responsibilities
- Perform ad hoc requests and special projects as requested, such as documentation of business processes, process improvement recommendations
Qualifications:
- Bachelor’s degree in accounting or finance required
- CPA desired
- 3-5 years of accounting experience
- Solid understanding of basic accounting and associated accounting skills
- Excel and Microsoft office products
- SAP experience
This is a hybrid position that will require the employee to work in the office at least 3 days a week throughout the year.
Salary range:
As of the post date, the salary range for this position is:80800.00 USD - 108000.00 USD
This range is a reasonable estimate and takes into account several factors that are considered in making compensation decisions, including, but not limited to, geographic location, skill set, experience, education, training, internal equity, and other business needs.
This role may be eligible to participate in the Company’s short-term incentive plan, the details of which will be provided to the applicant upon hire.