Accountant

About the role

Knorr Brake Company is the innovative leader in the manufacture and supply of braking systems, passenger doors and climate-control equipment for all types of Mass Transit customers such as: METRO, Light Rail Vehicles, High-Speed Trains, Commuter Rail and Monorail Vehicles for the North America market. We’re part of the Knorr-Bremse Group, the global leader in braking technologies. We challenge our employees to pursue their work with passion while keeping an unparalleled commitment to technological excellence, integrity and social responsibility.

Responsibilities

• Maintain a safe, clean and healthy environment and ensure compliance with company's rules and policies.
• Comply with quality, product safety, and HSE rules, guidelines and regulations.
• Be energy conscious, if applicable.
• Understand and comply with applicable standards (i.e.: ISO 9001, ISO 22163, ISO 14001, ISO 45001, ISO 50001, AAR, and CMMI).
• Maintain and safeguard business records.
• Monthly Reporting: Prepare and post journal entries; assist with determination of appropriate monthly and yearly accruals; complete month-end close duties, including entry of financials into SEMP; prepare Corporate reporting requirements including OLAP books, A/R Reports, Functional P&L, Governance Reports, Cost Center Reports, and KPIs; assist in preparation of account reconciliations; prepare and post reconciling entries based off account reconciliations; prepare and submit quarterly sales tax estimates as required.
• Accounts Payable: Research and assist in resolving problems with outstanding invoices; assist in intercompany matching using the Bellin Netting Tool; assist in proper coding of invoices using GL and WBS numbers.
• Accounts Receivable: Assist in researching and applying customer payments; research and resolve outstanding AR P.O.D/Invoice issues; prepare monthly A/R customer statements and collection letters when necessary; monitor customer discounts taken for early payment.
• Cash Management: Retrieve daily bank statements from Deutsche Bank and Royal Bank; prepare monthly reconciliation of Bank-to-Book balances and activity.
• Annual Budgets/Forecasts: Assist with development of annual budget and mid-year forecasts.
• Other accounting projects: Assist with yearly financial audit; assist with yearly physical inventory processes; assist with preparation of annual property tax return; assist with yearly insurance renewals; ad hoc report creation; problem resolution.

Requirements

• Required Education: Bachelor Degree - Accounting or Business Administration
• Required Experience: 0-2 Years Relevant Experience

Skills

• Core Ability to sort and prioritize workload
• Manage multiple internal / external customer demands

Pay

The anticipated salary range for candidates who will work in Westminster, MD is $56,900 to $71,100 per year.