Job Title: Accountant
Job Location: Collierville, TN
About the Company:
IPS Corporation is a global, market-leading provider of Water and Flow Management Solutions and Specialty Adhesives Solutions for applications where failure is not an option. Founded in 1954 in Los Angeles, CA, IPS began by producing clear cements for laminating acrylic sheet for aircraft canopies. We were first to produce reliable cement for use with PVC, CPVC, and ABS pipe and fittings, and first to introduce plastic recessed washing machine and ice maker outlet boxes. Since then, we have expanded our offering to more than 10,000+ products and solutions across multiple fast-growth industries such as residential and commercial construction, irrigation, pool & spa, marine or industrial manufacturing.
Today our industry leading products are proudly manufactured at facilities throughout the world and available through a nationwide network of customer-focused distributors. We offer premium brands, world-class customer service, seamless processes, and a global supply chain. IPS, through its three operating companies, operates 13 manufacturing plants in the US, Europe and China supporting sales to over 85 countries.
IPS Corporation is a portfolio company that is part of Centerbridge Partners. Centerbridge Partners, L.P. is a private investment management firm employing a flexible approach across investment disciplines — private equity, private credit and real estate — in an effort to develop the most attractive opportunities for its investors. The Firm was founded in 2005 and has approximately $36 billion in capital under management with offices in New York and London. Centerbridge is dedicated to partnering with world-class management teams across targeted industry sectors and geographies. For more information, please visit www.centerbridge.com.
Job Summary:
Water Tite, one of the three operating companies of IPS, with 13 different brands and 6,000+ SKUs, is searching for an Accountant to help search for ways to continue to unlock opportunities to maximize value across the markets and channels in which we operate. Based in Collierville, TN, you'll work with stakeholders across the business to review and consolidate forecasts, ensuring the latest financial planning cascades across the business. You will need to develop close working relationships with key cross functional stakeholders to identify opportunities where analytics can be leveraged to benefit objectives. Your role is key in analyzing and interpreting results to enable the business to make informed strategic decisions with significant exposure to senior business leaders. Reporting to the Finance Manager, you'll work together to ensure to meet tight deadlines, handle a demanding and fluctuating workload and at the same time provide accurate and reliable data.
Key Areas of Accountability
- Preparation of month- End accounting including analysis for Flash, Forecast, and other financial reports
- Journal entry posting and analytical review of Inventory and Sales; i.e. samples, freight, sales and COGS allocations
- Preparation of Balance Sheet account reconciliations.
- Preparation of monthly Sales Rebate and Freight accrual.
- Monthly trend analysis of Balance Sheet and Income Statement.
- Assist with development of annual budget and quarterly forecast decks, strategy financials
- Monthly sales reporting including customer P&L, PPV etc.
- CAPEX tracking, reporting and analysis
- Margin analytics by customer, channel, sku
- Develop and implement KPIs across operating company
- Productivity and efficiency support (Kaizen)
- Partner with cost accountant and shared services accounting team
- Backup coverage to finance directors
- Build SOPs and presentation support for FP&A department
- Adhoc analysis and reporting as needed
Education and Experience Requirements
- 5+ years of professional experience in finance required. Experience in manufacturing environment highly preferred.
- Bachelor’s degree in accounting (preferable) or finance
- Strong analytical capability and the curiosity to blend various data sets to develop valuable insights across categories or departments
- You are considered to be a strong communicator, with the ability to combine your understanding of the financial process with persuasiveness and confidence
- Proven track record of problem solving, contributing, and influencing across levels and functions - Analyses, Coordinates, executes and presents findings
Other Preferred Experiences
- Experience with JDE and Insight preferred
- Excellent computer skills; experience in accounting software, Microsoft Office Suite including Excel analytical skillset
- Excellent written and verbal communication skills
- Accurate and precise attention to detail
- Ability to multitask, prioritize, and manage time efficiently in fast paced environment
- Ability to drive process improvements and sustainment with minimal supervision
- Travel approx. 10%
Our Offer
We're a rapidly growing midsized company with a customer-centric mentality operating fast and lean. We think big, embrace problem solving, and believe our proven business system gives us a competitive edge in the markets we play. Through experience in this role, mentoring and via formal instruction, we will grow your career and develop you based off your strengths and interests.
A career with IPS Corporation will push you and challenge you, providing growth opportunities and the prospects to advance your career. If you are a driven performer, you will work with committed, like-minded people, giving you the support to reach your full potential
