Accountant - Accounts Receivable

About This Role

Responsible for the Accounts Receivable monthly close, including preparation of journal entries, account reconciliations, and balance sheet and P&L variance analysis to ensure accurate and timely financial presentation. Provides analytical support and coordinates cross-functional projects and initiatives, monitors and resolves SAP billing exceptions, assists with the annual P&I/patronage dividend process, responds to management and retailer inquiries, and develops, reviews, and streamlines related policies and procedures.

What You’ll Do

• Perform the monthly close process across key A/R areas (retailer loans, retailer incentive programs, bad debt reserves, equity, and patronage), including preparing journal entries, account reconciliations, variance analysis, and audit schedules; respond to management inquiries
• Prepare and periodically distribute monthly department deliverables (e.g., Store Count Report, Bad Debt Expense Summary, and Accounts Receivable Monthly Board Report); perform ad hoc analytics and develop new reporting as needed
• Support the annual P&I/patronage dividend process, including coordinating timely cash and stock payments; provide patronage rebate estimates to retailers and assist with forecasting impacts to balance sheet and cash flow, partnering with IT on calculation/system updates
• Review the Daily Billing Threshold Report to ensure billings over established thresholds are accurate; partner with the appropriate departments to correct any issues identified
• Monitor and clear SAP billing exceptions, including the billing due list (VKDFS table) and invoices not passed to accounting (VFX3), ensuring timely posting to customer and general ledger accounts
• Serve as a back-up for the loan review process by reviewing loan funding requests, verifying documentation and approvals, and ensuring proper execution
• Clear lockbox and A/R Clearing accounts daily to ensure accurate cash application and timely reconciliation
• Prepare year-end A/R footnote support and respond to audit requests as needed

Who You Are

You are a detail-oriented accounting professional with strong Accounts Receivable and month-end close experience. You’re comfortable preparing journal entries and reconciliations, explaining balance sheet and P&L variances, and producing accurate recurring reports. You communicate clearly with cross-functional partners, including IT, to troubleshoot SAP billing exceptions and improve processes. You manage competing deadlines well and bring a continuous-improvement mindset to high-volume, deadline-driven work.

Required Skills

• Bachelor’s degree in Accounting
• 1–3 years of work experience in a corporate accounting capacity (Accounts Receivable experience preferred)
• Strong analytical and problem-solving skills with a strong understanding of accounting principles; ability to interpret financial data to identify operational issues or trends
• Self-motivated and detail oriented with the ability to handle multiple tasks within established deadlines
• Excellent verbal and written communication skills
• Working knowledge of fundamental accounting concepts and processes (A/R, A/P, basic tax implications, and basic audit functions)
• Proficient in SAP and Microsoft Office, including advanced skills in Microsoft Excel and working proficiency in Microsoft Word

Preferred Skills

• Advanced Excel skills (e.g., pivots, v-Lookups, complex formulas) and experience building repeatable month-end reporting
• Experience troubleshooting SAP billing and posting issues (e.g., SD/FI integration, billing due list / invoices not passed to accounting)
• Experience supporting complex AR programs (e.g., loans, incentives, patronage/dividend calculations) and responding to internal or retailer inquiries
• Prior experience preparing audit schedules and year-end footnote support
• Demonstrated process improvement mindset (e.g., streamlining reconciliations, improving controls, or automating recurring tasks)

Compensation Details

$66,000 - $82,600 per year

Why Should You Join Our Team?

We live our values - W.E.L.I.G.H.T (Winning, Excellence, Love, Integrity, Gratitude, Humility, and Teamwork). Gratitude. Humility. Love. You don’t often see values like these in most corporate statements, but Ace is different. These things are important to us. They represent our commitment to the company, our employees, to Ace retailers and to the Ace brand.

Benefits

• Incentive opportunities, based on role/grade level
• Grossly generous 401(k) retirement savings plan with a fully vested matching contribution the first year in addition to quarterly contributions and annual discretionary contribution (once eligibility requirements have been met). Over the past 5 years, company contributions (matching, quarterly & discretionary) for fully eligible employees have averaged 10% of total eligible compensation
• Comprehensive health coverage (medical, dental, vision and disability – up to 26 weeks short-term disability and long-term disability) & life insurance benefits for you and your dependents
• 21 days of vacation immediately available (prorated in the first year) and up to 6 paid holidays depending on the month of hire
• Company Car, phone and fuel card are provided for field-based positions
• Your career at Ace is more than just a job. It’s a chance to be part of something meaningful. We help locally-owned businesses thrive and make an impact in their communities – and we support our employees in doing the same by offering an annual Ace Cares Week, 20 hours off work per year to volunteer at an organization of your choice, opportunities to help Children’s Miracle Network Hospitals and the Ace Helpful Fund through the Ace Foundation
• Ace invests in every employee we hire, with a key focus on development and coaching. We offer on-site classes, facilitator-led courses, and a generous tuition assistance program, plus a performance management approach that goes beyond the typical annual review
• We know the work environment matters. That’s why Ace holds frequent campus events like Employee Appreciation Week, vendor demos, cookouts, and merchandise sales
• We bring them to you! Services such as mobile spas, auto maintenance, car wash and detailing, dry cleaning, dentists, eye doctors, flu shots, recycling and more!
• Employee discounts on Ace merchandise (including top brands like Weber, Traeger, Yeti, Craftsman, DeWalt and more), travel, fitness, computers and thousands more
• Birth/Adoption bonding paid time off
• Adoption cost reimbursement
• Employee Assistance Program (EAP) – access to free visits to therapists and lawyers, guidance on financial matters, elder and childcare, and assistance with tickets to entertainment events
• Identity theft protection

Disclaimer

The pay range for this position starts as listed in the job posting, but could be higher based on education and experience. Please note, compensation decisions are dependent on the facts and circumstances of each opening. We take into consideration the minimum requirements outlined in the job description, such as an individual’s education, training and experience, the position’s work location, required travel (if any), and external market conditions when determining the final salary for potential new hires. Be aware that salary estimates published via alternate online job boards may not be a true representation of the actual pay range offered for this position. Please refer to the Ace position description for the accurate starting pay range information and feel free to discuss this with a Talent Acquisition professional if you are chosen to move forward with an interview.

Equal Opportunity Employer

Ace Hardware Corporation is committed to a policy of promoting equal employment opportunities. The company recognizes the importance of diversity and leveraging the skills and talents of all people to the mutual advantage of each individual and the organization. The company is committed to the prevention of employment discrimination related to race, religion, color, sex (including sexual harassment), gender identity, national origin, age, marital status, disability and military or veteran status, sexual orientation or any other action covered by federal or applicable state/local laws.