Senior Accountant

About FRASCA

FRASCA, a FlightSafety International company, designs and manufactures simulation technology and components that increase pilot safety. Based in Illinois, FRASCA consistently delivers exceptional quality products for flight academies, universities, and military organizations worldwide. FRASCA produces a range of high-fidelity, competitively priced fixed wing and rotary simulation equipment designed to prepare every pilot for real-world mission scenarios. Over 3000 FRASCA simulators have been delivered worldwide. 

The Senior Accountant is a key member of the Accounting team and supports with more complex general accounting functions, including monthly financial statement closing duties and account reconciliations in accordance with U.S. Generally Accepted Accounting Principles. This position also collaborates with other departments and supports process improvement initiatives.

The following duties are essential to the successful and satisfactory performance of this job.  Other duties may be assigned. 

• Reconcile and analyze General Ledger accounts in preparation of monthly, quarterly, and year-end close process; ensure timely and accurate completion in compliance with regulatory requirements and company-established accounting policies and procedures.


• Monitor the revenue recognition process and reporting and prepare summary schedules. 


• Manage underlying data, supporting documentation, and spreadsheet-based calculations to support accounting accuracy and completeness.


• Perform technical accounting research and provide financial and accounting advice to internal stakeholders.


• Manage account reconciliation process by analyzing balance sheet balances, assembling clear support for activity, and providing accurate and concise explanations for variances.


• Interpret and point out trends or deviations from standards to department leaders and provide recommendations. 


• Monitor and track various prepaid expenses/assets and other accrued liabilities, preparation of intercompany billings, account reconciliations and rollforward of several supporting schedules.


• Communicate with internal teams on accounting and control matters and recommend solutions to the Controller. 


• Support process improvement initiatives and share best practices across the department.


• Create, improve, and automate financial reporting. 


• Participate in special projects as assigned.
   

• Bachelor's degree in Accounting

• 4-6 years of relevant experience

• Strong knowledge in U.S. Generally Accepted Accounting Principles and Sarbanes-Oxley Compliance
• Public accounting and/or corporate accounting experience preferred
• Intermediate or higher level of Microsoft Excel skills or Power BI
• Experience with Visual or similar ERP system
• Strong verbal and written presentation skills
• Strong analytical skills with ability to reconcile data and analyze variances
• Possesses initiative, confidence, and drive to achieve results without explicit direction or detailed instructions
• Displayed ability to work in a dynamic and fast paced environment
• Ability to meet deadlines and manage multiple tasks simultaneously
• Ability to interact with various levels of management in a professional manner
• Continuous improvement orientation 

The physical demands and work environment described here are representative of those that must be met and/or encountered by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

FlightSafety is an Equal Opportunity Employer/Vet/Disabled. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or disability.