Global Intercompany Reconciliation Specialist

Overview

The Global Intercompany Reconciliation Specialist provides accounting support related to all aspects of the company's global intercompany and domestic intracompany accounts receivable and accounts payable functions. This includes liaising with AIT's foreign and domestic entities, resolving billing disputes, performing account statement reconciliations, assisting with the collection of funds from national and foreign subsidiaries, and processing net settlements between AIT offices and any other duties and responsibilities related to intercompany transactions.

Responsibilities

• Maintain the global reconciliations for Cargowise and Non-Cargowise AIT subsidiaries, and both collect funds from, and process payments to these subsidiaries based on reconciled net settlements, on a cash need basis.
• Perform regular account reconciliations between the corporate ledgers and intercompany/intracompany accounts to ensure that all ledgers are up to date and clear of any queries.
• Cook with AIT partners to resolve any intercompany or intracompany billing discrepancies and liaising with AIT partners to resolve.
• Align and forecast account replenishments for AIT foreign subsidiaries based on requested cash needs, working closely with the Accounting Supervisor.
• Monitor the global dashboard for legacy/non Cargowise AIT subsidiaries as established by the Accounting Supervisor.
• Clear out legacy account balances via payments or collections.
• Maintain the integrity of each profile in other foreign offices’ CargoWise systems based on prerequisites established by the Accounting Supervisor.
• Correspond with internal and external auditors on balance confirmation requests and any audit inquiries. Also, support AIT partners with any audit inquiries or requests.
• Monitor group outlook email inbox and respond to any issues that arise.

Qualifications

• Education: High School Diploma or GED with equivalent experience (Required)
• Bachelor's Degree in Accounting or Finance (Preferred)
• Experience: 3+ years experience in accounting and/or knowledge of accounts payable and general accounting procedures (Required)

What AIT Can Offer You

• In addition to your base compensation, you may be eligible for a bonus based on achievement of business and/or individual performance metrics (dependent on position).
• Benefits offered include Medical, Prescription, Health Savings Account, Flexible Spending Accounts, Dental, Vision, Life, AD&D, Disability, Supplemental Health, Employee Support, Paid Parental Leave, Pet Insurance, 401(k) and Tuition Reimbursement.
• In addition, teammates may be eligible for up to 10 to 20 days of vacation (depending on tenure), 2 personal days, 1 floating holiday, 5 sick days, 5 volunteer hours, and 6 company holidays (plus Veterans Day for Veterans) annually.

About AIT Worldwide

AIT Worldwide Logistics is a global freight forwarder that helps companies grow by expanding access to markets all over the world where they can sell and/or procure their raw materials, components and finished goods. For more than 40 years, the Chicago-based supply chain solutions leader has relied on a consultative approach to build a global network and trusted partnerships in nearly every industry, including aerospace, automotive, consumer retail, energy, food, government, high-tech, industrial, life sciences and marine. Backed by scalable, user-friendly technology, AIT’s flexible business model customizes door-to-door deliveries via sea, air, ground and rail—on time and on budget. With expert teammates staffing more than 150 worldwide locations in Asia, Europe and North America, AIT’s full-service options also include customs clearance, warehouse management and white glove services.

Equal Opportunity Employer

AIT Worldwide Logistics is an Equal Opportunity Employer – M/F/Veterans/Disabled.