Staff Accountant

Position Title: STAFF ACCOUNTANT

Position Summary: This position is responsible for various accounting tasks including daily, weekly, and monthly items, with a primary focus on month-end close activities, reconciliations, and reporting. The Staff Accountant works under the guidance of senior accounting staff and the Director, Finance.

Reports To: Director, Finance

Personnel: N/A

Key Accountabilities:

• Follow Standard Operating Procedures (SOPs) and Work Instructions (WIs) while supporting 6S and Lean Manufacturing principles.
• Ensure compliance with Generally Accepted Accounting Principles (GAAP), internal controls, and company policies.
• Maintain financial reporting systems with controls that safeguard company assets.
• Provide timely and accurate financial information for internal stakeholders, auditors, and external reporting requirements.
• Support continuous improvement initiatives within the finance function and across the organization.

Duties:

• Expense Reports
• Review employee expense reports for accuracy, policy adherence, and proper documentation.
• Process reimbursements and ensure timely recording into appropriate GL accounts.
• Support improvements to travel and expense policies.
• Cash Transactions
• Record daily bank activity, prepare deposits, and apply customer cash receipts.
• Monitor petty cash and other small funds; ensure cash-handling compliance.
• Reconcile all cash GL accounts.
• General Accounting & Month-End
• Prepare and post journal entries for accruals, prepaids, fixed assets, and other standard entries.
• Reconcile balance sheet accounts monthly, identifying and resolving variances.
• Assist with internal and external audits by providing schedules and documentation.
• Review maintenance expenditures for potential capitalization vs. expense treatment.
• Cross-Functional & Operational Support
• Provide backup coverage for AR, AP, payroll, and other accounting functions as needed.
• Support process standardization and knowledge sharing across Precinmac companies.
• Support reporting improvements and data accuracy projects.
• Collaborate with operations, purchasing, and program management to ensure accounting alignment with manufacturing processes.

Job Qualification Requirements:

Educational Experience - Bachelor's degree in Accounting, Finance or related field; CPA or MBA a plus. Experience with Microsoft Office - with specific emphasis on advanced knowledge of Excel.

Experience - Zero to four years' experience in accounting and finance. Understanding of accounting, general ledgers and key financial statements. Must be able to multi-task. Excellent problem solving and analytical skills with the ability to organize and efficiently analyze multiple sets of data. Strong attention to detail and the ability to follow established procedures and checklists. Ability to work under deadline pressure and extra hours if needed. Working knowledge of ERP systems, with Infor Visual experience a plus.

Physical Demands - The employee is required to:

• stand, walk, push, pull, reach overhead, and bend to floor.
• exert up to 10 pounds of force occasionally.

Certification Required - none

Visual Acuity - Accommodations as required for reading computer screens and documents.

Hearing Ability - Accommodations as required for communicating with internal and external customers.

Working Conditions - Normally works in an office environment. Very rarely, the employee may be subject to:

• shop floor environment
• high noise levels from operating machines
• physical hazards from moving equipment and production components
• breathing fumes, dust and mist
• skin exposure to oils and cutting fluids
• welding flashes.

About Major Tool

Major Tool & Machine (MTM) was founded in 1946, starting with only four employees to support the commercialization of the jet engine following World War II. Today, MTM is a contract manufacturer in Indianapolis, Indiana with a 600,000+ sq ft. manufacturing facility, 400+ skilled employees, best-in-industry business and quality systems, and project management expertise. Located for easy access on the east side of downtown Indianapolis, we are short commute away from most any place in the counties surrounding Indianapolis. Major Tool is a Precinmac company, a portfolio of businesses across the US and Canada that provide similar machining, fabrication and other manufacturing services to customers who provide critical services in turn in their various industries. Our Precinmac values are Trust, Gratitude, Action, Excellence and Growth, with a commitment to live these out daily in our workplaces.

Benefits

Excellent Benefits including three health insurance plan options - with a base plan option requiring ZERO employee paid premium. Dental and vision plans have very reasonable employee premiums. Participants in our health insurance have the onsite clinic available at no additional charge for medical services. All employees can access the mental health services provided in the clinic, For HDHP health insurance options, we contribute to your health savings account (HSA) and offer other flexible spending account (FSA) options. We support your retirement goals with a 401k company match. In addition to work schedule options we provide immediate Paid Time Off (PTO) availability and 10 paid Holidays, Along with in house training programs, we offer educational assistance for coursework that will support your career growth at Major Tool, We care about the health of our employees and provide a tobacco free facility, onsite fitness center and wellness events, short and long term disability and life insurance coverage fully paid.

We are proud to be an Equal Opportunity Employer.