This job was posted by https://illinoisjoblink.illinois.gov : For more information, please see: https://illinoisjoblink.illinois.gov/jobs/12322393\ Position Title: Accounting Associate\ \ Location: Milan 4905\ \ Department: Finance\ \ Employment Type: Full Time\ \ Workplace Type: Hybrid\ \ \ Compensation: \$19.00 - \$22.00 / hour\ \

Accounting Associate

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Group O is seeking an Accounting Associate to add to our fast paced and dynamic accounting team.\ \

As an Accounting Associate, you will play a critical role in supporting the financial operations of our organization. You will work closely with the accounting team to ensure accurate and timely recording of financial transactions, maintenance of financial records, and compliance with accounting principles and regulations. You will contribute to the financial health and success of our organization by ensuring the accuracy, integrity, and compliance of financial information and processes.\ \

The ideal candidate combines a strong educational foundation, relevant technical skills, diligence, analytical ability, and personal qualities such as integrity, adaptability, and teamwork.

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Key Responsibilities

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• Process invoices, payments, and receipts accurately and in a timely manner. Reconcile accounts payable and receivable balances with vendor and client statements.
• Assist in maintaining the general ledger by recording journal entries, accruals, and adjustments. Ensure proper coding and classification of transactions.
• Perform monthly bank reconciliations to ensure accuracy between bank statements and general ledger accounts. Investigate and resolve any discrepancies.
• Review and process employee expense and credit card reports, verifying receipts and adherence to company policies. Assist in tracking and analyzing expenses to identify cost-saving opportunities.
• Assist in the preparation of financial statements, reports, and schedules for internal and external stakeholders. Provide support during audits and financial reviews.
• Collaborate with the payroll department to ensure accurate recording of payroll transactions, including salary payments, deductions, and tax withholdings.
• Ensure compliance with accounting policies, procedures, and regulatory requirements. Assist in preparing and filing tax returns, including sales tax and payroll tax filings.
• Assist in financial analysis activities, including variance analysis, trend analysis, and budget vs. actual analysis. Provide insights to support decision-making and performance evaluation.
• Participate in the evaluation and implementation of accounting systems and process improvements to enhance efficiency, accuracy, and control.
• Collaborate with other departments such as finance, operations, and procurement to gather information, resolve issues, and support business objectives.

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Job Qualifications

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Minimum Qualifications

High School Diploma

Basic proficiency in Microsoft Office

Prior experience in accounting or finance roles (preferably in a corporate environment).

Understanding of accounting principles and practices.

Diligence and accuracy in data entry and financial analysis.

Excellent organizational, time management, and multitasking abilities.

Ability to work independently and as part of a team in a challenging environment.\

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\ \ Group O is an Equal Opportunity Employer and does not discriminate against any applicants for employment based on their race, color, religion, sex (including pregnancy, sexual orientation, or gender identity), national origin, age, physical or mental disability, genetic information, veteran status, uniformed service member status, or any other status protected by law.