Accounting Analyst

The INNIO Advantage:

By combining a rich legacy in the power and gas compression space with pioneering technology, INNIO brings our customers affordable, reliable and sustainable energy solutions for today and tomorrow. We are helping to meet today’s energy needs with 64 GW of installed capacity and 48,000 of our powerful Jenbacher and Waukesha engines, which can be found in more than 100 countries. And, by harnessing our history of energy industry firsts along with the power of digital innovation, we will continue to deliver for the future.

This position is based at our Waukesha location in Wisconsin — a region that provides a variety of recreational opportunities and a high quality of life. As an Equal Opportunity Employer, INNIO offers a comprehensive array of international career opportunities and understands that diversity creates excellence. Known for leadership development, we aim to empower individuals to reach their full potential.

In this GL Analyst role, you will be responsible for overseeing the Buy to Pay (B2P) process for INNIO's Waukesha, Wisconsin and Welland, Ontario locations, ensuring the process is functioning effectively and efficiently. This role will assist in general accounting responsibilities to ensure financial statements are accurate and timely and will provide feedback to various finance leaders regularly. You will manage supplier payment runs, Basware administration, GRNI (goods received not invoiced), book prepaid and accrual journal entries and prepare reconciliations, cash forecasting, and lead special projects to improve the overall B2P process and financial reporting.

Essential Responsibilities

1. Local Accounts Payable Management (40%)

   1. Approve weekly vendor payment run & mail paper checks
   2. Lead level support for external and internal escalation
   3. Lead the supplier Life Cycle Maintenance for bank set-up and AP configurations
   4. Basware (B2P Management Software) Administrator
   5. Lead trainer for Basware and Oracle
   6. Maintain a good overview and detailed understanding of the B2P process for INNIO Waukesha
   7. Partner with Global commodity leaders, requestors, and buyers to resolve complex issues, understand the root causes of invoice holds and release invoices from hold
   8. Coordinate efforts with INNIO’s Center of Excellence Accounts Payable Team as needed
   9. Support business critical projects: e.g., standing orders setup, User Acceptance Tests (UAT), manage relationships with Supplier Master File (SMF) team, etc.,) and drive tangible outcomes
   10. Work effectively with business leaders to proactively drive key business initiatives (e.g., reduction of aged AP invoices, review/update banking details for suppliers)
   11. Ensure effective and compliant AP Invoices scanning, processing and payments in place
   12. Support business leaders by providing the invoices images, required commentary on the hold reasons and other details as per business requests

2. General Accounting (40%)

   1. Resolve unaccounted and exception payment batches in Oracle
   2. Close the Accounts Payable subledger timely each month
   3. Review supplier statements and manage GRNI
   4. Prepare balance sheet reconciliations in adherence to INNIO’s Account Reconciliation Policy. Identify, rectify, and explain any variances in a timely manner to ensure accurate reporting
   5. Ensure the accuracy of the organization’s AP balances and disbursements by recognizing and preventing misrepresentation, concealment, or omission of information
   6. Ensure an appropriate control environment is in place
   7. Apply accounting input and ensure appropriate rigor for simplification and IT system projects in the businesses
   8. Ad hoc reporting as requested by the Accounting Manager, Accounting Director, CFO, or Headquarters

3. Cash Management (20%)

   1. Prepare transfer request to fund disbursement and support 13-week cash forecast
   2. Review and improve 13-week cash forecast accuracy
   3. Supervise cash clearing reconciliation

Qualifications/ Requirements

• Bachelor's degree in Accounting/Finance
• Ability and willingness to travel approximately 10%, domestic and international
• Legal authorization to work in the United States is required. We will not sponsor individuals for employment visas, now or in the future, for this job
• Fluency in English

Preferred:

• Initial understanding of the Buy to Pay (B2P) process, key risks/controls
• Advanced level of Excel and overall strong aptitude in Oracle or equivalent ERP (Enterprise Resource Planning) systems
• Ability to set priorities and manage the daily workflow
• Excellent verbal and written communication skills with the ability to communicate appropriately with all levels of the organization
• Demonstrated effective organization skills and high attention to detail
• Highly collaborative individual who has a bias for action and continuous improvement to elevate the team’s performance

INNIO offers a great work environment, professional development, challenging careers, and competitive compensation. INNIO is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, gender (including pregnancy), sexual orientation, gender identity or expression, age, disability, veteran status or any other characteristics protected by law.