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Accounting Manager

Parker Hannifin Corporation
$91,600.00 - $152,750.00 / yr
parental leave, paid time off, paid holidays, tuition reimbursement, 401(k), retirement plan
United States, Illinois, Elgin
2565 Northwest Parkway (Show on map)
Mar 24, 2026

Parker Hannifin

Parker Hannifin is a Fortune 250 global leader in motion and control technologies. For more than a century, we've enabled engineering breakthroughs that make energy cleaner, transportation safer, medical treatments more effective, and manufacturing more efficient.

Our Purpose - Enabling Engineering Breakthroughs that Lead to a Better Tomorrow - comes to life through our people-first culture where teamwork drives performance, inclusion fuels innovation and growth is encouraged. This environment fosters collaboration and empowers team members from engineering and manufacturing to finance, supply chain, human resources, information technology and beyond.

Position Summary

As a member of the Finance team, the Accounting Manager facilitates accurate recordkeeping, timely transaction processing, and the preparation of financial reports, while supporting Business Unit operations and maintaining strong internal controls.

Responsibilities

  • Responsible for completing the rolling forecast in coordination with the Business Unit Manager
  • Support for updating information by location/value steam for weekly performance compared to forecast.
  • Active participation in the annual plan activities and financial statements consolidation for the business unit
  • Active participation and coordination of the physical inventory by location
  • Active participation and coordination of the fixed assets physical inventory by location
  • Responsible of the month end process and analysis for inventory valuation, stock transactions, sales adjustments, cost of sales, goods in transit, and others journal vouchers.
  • Monitor month end expenses by location for accrual certification
  • Consolidation of financial statements and reports for the Business Unit
  • Analysis of the manufacturing/ production variances
  • Responsible for updating the standard costs for the business unit
  • Responsible for maintaining internal controls in the Business Unit
  • Provide daily/weekly reports for financial analysis related to inventory
  • Quarterly internal control certification
  • Participation in SOX peer to peer audits
  • Preparation of journal vouchers
  • Monthly balance sheet account reconciliations
  • Participation in the Kaizen events for the Business Unit
  • Participation in High Performance Teams
  • Participation in Management team meetings

Qualifications

  • Bachelor degree in Accounting, Finance, or a related field

  • 8+ years of progressive accounting experience, including supervisory/people leadership experience

  • Strong knowledge of U.S. GAAP/IFRS and internal control principles (e.g., SOX, where applicable)

  • Experience with month-end close, account reconciliations, financial statement preparation, and variance analysis

  • Proficiency with ERP systems (e.g., SAP, Oracle) and strong Excel skills

  • Ability to develop and document processes, improve controls, and drive continuous improvement

  • Strong communication and collaboration skills to support cross functional/business unit needs

  • High attention to detail, strong analytical skills, and ability to meet deadlines in a fast-paced environment


Pay, Benefits, Work Schedule

Competitive Compensation

  • Pay Range: $91600 to $152750 annually
  • Participation in Annual Incentive Program

Benefit & Retirement Plans

Parker offers competitive benefit programs, including:

  • Comprehensive coverage for medical, prescription drugs, dental, vision, voluntary optional life, accident insurance, hospital indemnity insurance and critical illness insurance with competitive premium cost.
  • 401(k) Plan with company matching contributions at 100% of the first 5% of pay.
  • Company provided defined-contribution retirement plan with annual contribution equal to 3% of pay.
  • Career development and tuition reimbursement.
  • Other benefits including paid parental leave, short and long-term disability programs, adoption assistance, a Care.com membership and financial planning assistance are provided at no cost to you.
  • Supplemental benefit programs including identity protection, legal protection, and pet wellness are available at competitive rates.
  • Paid Time Off and Company-Paid Holidays.

Equal Employment Opportunity

Parker is an Equal Opportunity and Affirmative Action Employer. Parker is committed to ensuring equal employment opportunities for all job applicants and employees. Employment decisions are based upon job related reasons regardless of race, ethnicity, color, religion, sex, sexual orientation, age, national origin, disability, gender identity, genetic information, veteran status, or any other status protected by law. However, U.S. Citizenship, Permanent Residency or other appropriate status is required for certain positions, in accord with U.S. import & export regulations.

("Minority / Female / Disability / Veteran / VEVRAA Federal Contractor")

If you would like more information about Equal Employment Opportunity as an applicant under the law, please go to Employees & Job Applicants | U.S. Equal Employment Opportunity Commission

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