Graco manufactures and markets premium equipment to move, measure, control, dispense and spray a wide variety of fluid and powder materials. What does that mean? Well, we pump peanut butter into your jar, and the oil in your car. We glue the soles of your shoes, the glass in your windows and the screen on your phone. We spray the finish on your vehicle, coatings on your pills, the paint on your house and texture on your walls. Graco is part of your daily life.

General

Job Purpose

Perform semi-complex accounting support in developing, analyzing and maintaining the company's financial reporting systems in the following areas: general accounting/ledger and/or fixed asset.  Provide accurate information for management review.

Essential Duties

• Supports semi-complex accounting activities such as account reconciliation and preparation of journal entries; may include tax accounting activities.
• Prepares various accounting and/or tax reports.
• Prepares and maintains ledger accounts and related activities for the production of financial statements and fiscal reports.
• Maintains and processes semi-complex entries in accordance with GAAP and SOX.
• Record and maintain semi-complex entries in the US fixed asset system.
• May provide general guidance or train lower level support staff.

Position Requirements

• Bachelor's degree in Accounting, Finance or a related field
• 2 - 5 years accounting experience
• Understanding of general ledgers, their role and operation.
• Strong knowledge of generally accepted accounting principles.
• Strong written and oral communication skills.
• Strong interpersonal skills and ability to work well in a team environment.
• Strong proficiency in operating a PC, as well as spreadsheet (Excel) and word processing (Word) software.
• Ability to maintain absolute confidentiality on corporate and departmental activities and  and projects
• Organized, efficient and skilled in prioritizing 

Corporate Reporting

Job Purpose

Complete, report, reconcile and analyze various financial information in the Corporate Reporting area.  Assist and complete various aspects of the period end close, consolidation and reporting process.  Provide backup support for fixed assets and consolidation areas.

Essential Duties

• Prepare weekly and monthly bookings, billings and backlog reports, including various charts and reconciliation to subsidiary financials
• Reconcile bank statements to general ledger
• Prepare various journal entries at period end
• Review and recap Minneapolis ledger customer and intercompany sales and cost of goods sold information by division, region and intercompany partner
• Reconcile numerous general ledger accounts, including those related to sales and cost of goods sold adjustments, intercompany advances, intercompany investments, etc.
• Reconcile, communicate and resolve intercompany differences between subsidiaries
• Load subsidiary financial statements into consolidation system and review
• Retranslation of multi-currency financials
• Assist with other period end consolidation and reporting responsibilities
• Assist with reprojections and annual plan
• Provide back up support for Fixed Assets and Consolidation Accountants
• Perform quarterly SOX testing and review
• Provide accounting support for legal department including account reconciliation and journal entry preparation
• Prepare and submit government census reporting
• Project and other support, including reports, analyses, etc.

Position Requirements

Essential:

• Bachelors degree in accounting or equivalent
• 2-5 years experience in an accounting environment
• Strong computer aptitude

Skills/Abilities/Competencies:

• Clear and thorough understanding of generally accepted accounting principles and their application
• Ability to multi-task and support various efforts in the department simultaneously, work under pressure and meet deadlines as required
• Strong Excel skills
• Oracle general ledger and other Oracle application knowledge a plus
• OneStream experience or exposure
• Exposure to multi-currency financials statement a plus
• Strong organizational skill and the ability to maintain detailed records.
• Organized and efficient with good analytical skills
• Good interpersonal skills and ability to work well in a team environment or independently

Fixed Assets

Maintain, complete, reconcile and report on fixed assets for all US entities.  Assist and provide support for the general ledger accountant.  Assist and complete various aspects of the period close for fixed assets and consolidation.
 

What You Will Do at Graco

• Lead ownership of the Company’s fixed asset system; record and maintain the fixed assets for all US entities for US GAAP and US tax books
• Reconcile general ledger accounts including the fixed asset subledger to the general ledger
• Prepare various accounting and tax reports monthly, quarterly and annually including support for internal and external audits
• Provide worldwide guidance and support as fixed asset center of excellence
• Perform quarterly internal control testing
• Collaborate with IS on new Oracle implementations or upgrades including system testing and data integration
• Drive process improvement and automation
• Provide support and backup for general ledger supervisor
• Assist with period end consolidation and reporting responsibilities as needed
• Support ad hoc projects and other duties as assigned

What You Will Bring to Graco

• Bachelor’s degree in accounting, finance or related field
• 2+ years accounting experience
• Clear and thorough understanding of generally accepted accounting principles and their application
• Organized, detail oriented, and efficient ensuring data and reporting integrity
• Strong written and oral communication skills and ability to work with teams across the organization
• Proficient with Microsoft Office products. 

Accelerators

• Power BI experience a plus
• Oracle general ledger and other Oracle application knowledge a plus

Accounting Analyst – Shared Services

Graco manufactures and markets premium equipment to move, measure, control, dispense and spray a wide variety of fluid and powder materials. What does that mean? Well, we pump peanut butter into your jar, and the oil in your car. We glue the soles of your shoes, the glass in your windows and the screen on your phone. We spray the finish on your vehicle, coatings on your pills, the paint on your house and texture on your walls. Graco is part of your daily life.

Job Purpose

Graco’s shared services team is seeking an Accounting Analyst who will specialize in managing finance and accounting transactions and conduct analysis that will support strategic business and financial decision making. Reporting to the Corporate Accounting Manager, the position will record and verify shared services transactions such as sales, purchases, payroll, and expenses while identifying opportunities for cost-savings and efficiency improvements. 

Essential Duties

• Manage accounting transactions within Graco’s financial shared services function, including period end accruals and intercompany balancing.
• Assemble and summarize data to support reporting on financial status and shared services performance.
• Analyze financial data taking into account shared services’ and Graco’s objectives.
• Reconcile various general ledger accounts including payroll accruals, trade accounts payable and accounts receivable.
• Support shared services Sarbanes-Oxley compliance program including monthly and quarterly SOX testing
• Reinforce internal control structure by identifying control risks and supporting internal and external audits
• Drive process improvements and automation that impact billing and accounts payable transactions
• Create credit and debit notes in the source system and manage customized billing activities for critical Graco customers
• Support ad hoc projects and other duties as assigned

Essential Qualifications

• Bachelor’s Degree in Accounting/Finance required, CPA or MBA preferred.
• Strong analytical skills and detail oriented, ensuring report/data integrity.
• 2+ years’ relevant accounting experience, financial modeling experience preferred.
• Strong interpersonal skills and ability to collaborate within a team environment.
• Thorough understanding of U.S. Generally Accepted Accounting Principles (GAAP) and their application
• Proficient with Microsoft Office, Excel, Word, and ability to work with Business Intelligence tools; PowerBI experience a plus.
• Experience with Oracle, OneStream and Microsoft Power BI preferred
• Proactive and self-motivated with a strong sense of accountability.
• Organized and able to work independently and meet deadlines.

At Graco, you truly make a difference. Your unique talents contribute to our organizational growth and future. Not only do you make a difference, but Graco’s culture empowers employees to create their own career path. Whether you choose to advance within your current department or explore new opportunities in different divisions, you have the ability to build your future. Our managers are here to provide support and guidance as you continue to grow within your career.

Graco has excellent opportunities available to individuals who want to be part of a fast-moving, growing company that is committed to quality, innovation and solving fluid handling problems for our customers. Graco is proud to be named a Best Place to Work by Fortune Magazine in 2016, 2018, 2019, 2021 & 2022. Graco offers attractive compensation, benefits and career development opportunities. Graco’s comprehensive benefits include medical, dental, stock purchase plan, 401(k), tuition reimbursement and more.

Our company uses E-Verify to confirm the employment and eligibility of all newly hired employees. To learn more about E-Verify, including your rights and responsibilities, please visit www.dhs.gov/E-Verify.