Government Compliance Accountant Salary in Illinois, USA

Perform month-end close activities, including journal entries, account reconciliations, and financial statement preparation.Reconcile inventory accounts and ensure accurate valuation of inventory, including monitoring for variances and investigating discrepancies.Maintain fixed asset records, including depreciation schedules, asset additions, disposals, and impairment assessments.Manage accounts receivable billing processes, ensuring timely and accurate invoicing to customers.Assist in the preparation of financial reports and analysis for management and external stakeholders.Collaborate with cross-functional teams to ensure compliance with accounting policies and procedures.Support internal and external audits by providing documentation and responding to inquiries.Identify opportunities for process improvements and implement best practices to enhance efficiency and accuracy.MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.Bachelor's degree in Accounting.CPA or CMA certification preferred, not required.3+ years of experience in accounting, preferably in the manufacturing, government, or aerospace industries.Strong knowledge of accounting principles and practices.Excellent communication, organizational, and analytical skills.Proficiency in Microsoft Excel and accounting software.

For consideration please email your resume to [email protected] created position with a top private equity firm located in downtown Chicago - This firm focuses on investing in growth companies in the Financial Services & Technology, Healthcare, Technology, Media & Telecommunications and Growth Business Services industries.Summary: Assistant Controller, Private EquityOversee accounting records, ledgers and reporting systems, ensuring compliance with appropriate GAAP standards and regulatory requirements, which may include fixed assets accounting, line of credit, leasing and consolidationsPerform day to day financial transactions, including verifying, posting, and recording accounting dataMonitor adherence to monthly/quarterly/annual budgeting and financial forecasting; research variancesOversee month-end and year-end close process; prepare timely monthly reporting packages, and quarterly and annual financial statementsReconcile balance sheet accounts; identify and resolve discrepanciesActive mentorship/coaching of accounting/finance team members; provide technical, hands-on knowledge and skills, as neededResearch technical accounting issues for compliance; ensure compliance with local, state, and federal government reporting requirements and tax filingsEnsure quality control over financial transactions and financial reportingAssist with upcoming projects, including but not limited to NetSuite projects, such as, Advanced budget and forecasting, Financial Reporting and Monthly close improvement projects, such as automation of relevant schedules, data analytics and overall enhancements of controls and processes in place.Qualifications:5+ years of related experiencePrivate Equity experience highly preferredNetSuite a plus

About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.(Hybrid Position) We are adding to our team! Searching for a Senior Consultant Compliance- Testing! The Senior Consultant, Compliance designs and performs testing procedures to assess the level of adherence with laws and regulations as well as bank compliance processes. This includes the review and interpretation of current and proposed laws and regulations. Provides consultation and advice to partners regarding compliance and risk avoidance.The key responsibilities of the role include: Reviews and interprets laws, regulations and internal policies/procedures for the purpose of developing appropriate testing plans.Verifies through execution of the Testing Program, that activities meet federal, state and/or local legal and regulatory requirements and regulations. Prepares reports detailing the results of testing performed. Validates issue remediations presented for issue closures.Advises business partners on compliance matters as requested. Recommends appropriate procedural changes when necessary.Identifies situations which pose significant risk and guides management in developing policies and/or procedures that minimize risk.Interacts with business partners and internal auditors on regulatory topics.Serves on internal and external groups to provide and receive advice on industry trends.Participates in internal and external training and forums on industry trends and compliance requirements.Consults with partners regarding daily decisions that could pose risk and conflict with existing policy. This includes analyzing and reviewing the results of Compliance Risk Assessments in determining appropriate testing.Operates independently; has an in-depth knowledge of Compliance risk avoidance.May lead projects, mentor junior level employees and review the work of others.The successful candidate will benefit from having: In depth knowledge of one or more of the following: Capital Markets (Swaps), FATCA, Asset Management or Fiduciary/ERISA regulationsKnowledge of applicable laws and regulations usually acquired through formal education or work experiencePrior experience conducting internal audits or internal control reviews is preferredExcellent written and oral communication skills along with analytical skills are necessary to consult with partners/clients and analyze information and apply regulations.5 or more years of compliance, risk management or equivalent related experience.#LI-LK2, #LI-Hybrid Working with Us: As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreaterReasonable accommodation Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [email protected] .We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.Apply today and talk to us about your flexible working requirements and together we can achieve greater.

About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.This role will be responsible for the development and oversight of the Conduct Risk Framework within Corporate Compliance and day-to-day management of the Ethics and Anti-Bribery and Corruption, programs. This role requires working closely with other Compliance and Risk partners and groups, business functions, Legal, and Human Resources partners to manage these areas and develop an overall Conduct Risk Framework.The key responsibilities of the role include: Maintain and enhance governance documents related to the Ethics and Anti-Bribery and Corruption programs. Operational management of these areas including building, managing, recruiting, and documenting the program and processes for management of the identified programs. Ownership and oversight of the application utilized for management and review of potential conflicts of interest, including outside business activities, gifts and entertainment, and personal account dealing activity.Review and action requests related to potential conflicts of interest. Keep current with regulatory requirements and guidance in these areas. Develop and complete monitoring plans, risk inventories, and compliance risk assessments for the areas of focus. Collaborate with regional and business unit compliance partners to ensure consistency in the execution of the global programs.Establish key metrics and management information to demonstrate effectiveness of the global programs.Develop and conduct training sessions and modules to increase awareness and understanding around ethics, conflicts of interest and anti-bribery and corruption.Management experience a plus.The successful candidate will benefit from having: 10 or more years of compliance, or risk management experience.JD preferredIn-depth functional / industry knowledgeExcellent oral and written communication skillsProven experience involving compliance, auditing and regulatory mattersDemonstrated understanding of Conduct Risk, Ethics, Anti-Bribery, policies, practices, and regulationsProven experience managing and implementing projects that include: identifying, maintaining, and adjusting project scope and resources, formal planning, tracking, and reporting of project performanceStrong organizational, analytical and problem-solving skillsExperience working in a global organizationAbility to work independently on projects with minimal supervisionAbility to build and maintain business partnerships and communicate in a collaborative way across functions and teamsAbility to maintain a high degree of confidentiality/discretionStrong interpersonal skills#LI-LK2, #LI-hybrid Working with Us: As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreaterReasonable accommodation Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [email protected] .We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.Apply today and talk to us about your flexible working requirements and together we can achieve greater.

About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889.Northern Trust is proud to provide innovative financial services and guidance to the world's most successful individuals, families, and institutions by remaining true to our enduring principles of service, expertise, and integrity. With more than 130 years of financial experience and over 22,000 partners, we serve the world's most sophisticated clients using leading technology and exceptional service.Major Duties:Assists in the preparation of basic supporting calculations and documentation used in relevant tax filing obligations, as well as filings related to government required tax accounting disclosures. Ability to complete assigned tasks within the designated timeframe with good attention to detail.Ability to perform basic research on tax issues as requested by higher level staff.Attends meetings with various internal and external partners and develops working relationships with those partners. Ability to effectively communicate in both written and verbal forms.Works to understand the processes used by the Corporate Tax Group and follows processes when completing assigned tasks.Gains familiarity with the tax technology software. Ability to use available software to efficiently complete assigned tasks, such as Excel and Word.Eagerness to learn through on the job training and coaching from higher level staff.Knowledge:Basic knowledge of tax filing compliance and related concepts. Familiarity with tax research software as well as the hierarchy of tax law and tax law interpretations/analysis. Exposure to performing tax research using various tools. Requires effective written and verbal communication skills.Experience:Undergraduate degree in relevant field (accounting, finance, economics) required with 0 to 3 years of experience. MST or other advanced degree a plus. CPA certification a plus.#LI-Hybrid Working with Us: As a Northern Trust partner, greater achievements await. You will be part of a flexible and collaborative work culture in an organization where financial strength and stability is an asset that emboldens us to explore new ideas.Movement within the organization is encouraged, senior leaders are accessible, and you can take pride in working for a company committed to assisting the communities we serve! Join a workplace with a greater purpose.We'd love to learn more about how your interests and experience could be a fit with one of the world's most admired and sustainable companies! Build your career with us and apply today. #MadeForGreaterReasonable accommodation Northern Trust is committed to working with and providing reasonable accommodations to individuals with disabilities. If you need a reasonable accommodation for any part of the employment process, please email our HR Service Center at [email protected] .We hope you're excited about the role and the opportunity to work with us. We value an inclusive workplace and understand flexibility means different things to different people.Apply today and talk to us about your flexible working requirements and together we can achieve greater.

DepartmentBooth Accounting: Accounts PayableAbout the DepartmentThe University of Chicago Booth School of Business is the second-oldest business school in the U.S. and second to none when it comes to influencing business education and business practices. Since 1898, the school has produced ideas and leaders that shape the world of business. Their rigorous, discipline-based approach to business education transforms students into confident, effective, respected business leaders prepared to face the toughest challenges. Chicago Booth has the finest set of facilities of any business school in the world. Each of the four campuses (two in Chicago, one in London, and one in Hong Kong) reflects the architectural traditions of its environs while offering a state-of-the-art learning environment. Chicago Booth is proud to claim: -an unmatched faculty. -degree and open enrollment programs offered on three continents. -a global body of nearly 56,000 accomplished alumni. -strong and growing corporate relationships that provide a wealth of lifelong career opportunities. As part of the world-renowned University of Chicago, Chicago Booth shares the University's core values that shape the distinctive intellectual culture. At Booth, they constantly question and test ideas, and seek proof. This extraordinarily effective approach to business leads to new ideas and innovative solutions. Seven of the Booth faculty members have won Nobel Prizes for these ideas - the first business school to achieve this accomplishment.For more information about the University of Chicago Booth School of Business, please visit: http://www.chicagobooth.edu/.Job SummaryThe Accountant will manage payment operations and accounts payable for thirty (30) departments in Chicago Booth, totaling an estimated $70 million dollars annually. This position will be responsible for P2P operations, accounts payable, non-purchase order payments, expense reporting, and P2P business analytics. This role will assist the Senior Associate Director in developing the business analytics model to produce monthly and quarterly business metrics/ fiscal closing reports for month-end close process to achieve KPIs of accuracy, completeness and timeliness of invoice and payment processing activities. This position is responsible for the accurate and timely performance of a variety of accounting and financial functions to ensure that all financial data is recorded and reported in accordance with applicable policies/procedures. The Accountant is required to develop and maintain an understanding of current policies, procedures, and to be in adherence with city, state and federal government regulations.ResponsibilitiesManages full A/P cycle and payment operations including all aspects of vendor payments totaling approximately $70 million dollars annually.Manages non-payroll payments to individuals, partnerships, corporations, vendors, suppliers, and other entities.Works as a lead person for the Accounts Payable/Payment office.Provides complete back up for the Senior Associate Director. This requires knowledge of University Procurement Policy and Procedures, Purchase Order System, Expense and Reimbursement Management and Chicago Booth buying practices and conventions.Understands and complies with the Accounts Payable policies and procedures, and reviews and audits all supplier invoices for policy compliance.Reviews and timely settles transactions across various payment rails (ACH, wires, check. and card). Actively works toward timely payment to achieve discounts.Assists the Senior Associate Director in annual fiscal closing.Manages monthly, quarterly and annual A/P and other non-PO payment closing in accordance with University policies.Develops various aging and business metrics reports to review invoices and payment status. Develops and administers accounts payable database; analyzes and manipulates data and prepares standard and ad hoc statistical reports as required.Collaborates with auditors to help implement and update controls for policy compliance.Serves as the point person for all vendor inquiries for non-payment and handles all outstanding issues with vendors as warranted; follows-up with Client Services, identifies recurring problems, determines reasons for problem and seeks solutions.Manages vendor contact and resolves issues as arise with non-payment of invoices. Key contributor to the development of the P2P strategy, roadmap and operational plan.Manages back-office audit function for staff GEMS expenses totaling $4 million annually. Handles JPMorgan Chase credit card audit and reconciliation.Manages aging corporate credit card reports and the key person to communicate with card holders to resolve delinquency to meet SLA.Works with Senior Associate Director to develop data analytics for major spend categories in expense management landscape like airlines, hotel, event, and catering etc.Assesses P2P landscape across Booth and identifies needs of the units to determine best framework, process, policies and resources and stakeholders engagement model.Reviews current data and works with Senior Director to develop KPIs and business metrics.Manages recharge operations and GL reconciliation for catering, leasing, and promotional items, etc. totaling $5.8 million annually.Prepares monthly and annual reconciliation of all recharges against GL.Supports Associate Director with cash receipt management.Supports Senior Associate Director with training opportunities for financial and accounting virtual training series.Performs a variety of operating or cost accounting activities which require moderate knowledge of accounting theories and principles.Has a moderate/high level of authority in drafting income and balance sheet statements, consolidated statements, and various other accounting statements and reports.Performs other related work as needed.Minimum QualificationsEducation:Minimum requirements include a college or university degree in related field.---Work Experience:Minimum requirements include knowledge and skills developed through 2-5 years of work experience in a related job discipline.---Certifications:---Preferred QualificationsEducation:Bachelor's degree in accounting, business administration, or finance; or minor/concentration in accounting.Master's degree in accounting or finance.Experience:Relevant experience in accounting and payment operations.Working with generally accepted accounting (GAAP).Certifications:Certification in accounts payable management and/or data analytics.Technical Skills or Knowledge:Large ERP AP and system experience and with databases (MS Access) and leveraging of procurement and payment business software solutions, accounting software and Microsoft Excel, Word, and Outlook.Knowledge of vendor payments with an emphasis on reportable and taxable payment; analyze and resolve complex accounts payable problems.Considerable knowledge of University FAS (Financial Accounting System) system, accounts payable, University procurement policy, and business law.Preferred CompetenciesStrong analytical and problem-solving skills.Good interpersonal communication and client service skills, both verbal and written.Good planning and organizational skills to balance and prioritize work.Working ConditionsThis position is currently expected to work a minimum three days per week in the office.Application DocumentsResume/CV (required)Cover Letter (required)When applying, the document(s) MUSTbe uploaded via the My Experience page, in the section titled Application Documents of the application.Job FamilyFinancial ManagementRole ImpactIndividual ContributorFLSA StatusExemptPay FrequencyMonthlyScheduled Weekly Hours37.5Benefits EligibleYesDrug Test RequiredNoHealth Screen RequiredNoMotor Vehicle Record Inquiry RequiredNoPosting StatementThe University of Chicago is an Affirmative Action/Equal Opportunity/Disabled/Veterans and does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender, gender identity, national or ethnic origin, age, status as an individual with a disability, military or veteran status, genetic information, or other protected classes under the law. For additional information please see the University's Notice of Nondiscrimination.Staff Job seekers in need of a reasonable accommodation to complete the application process should call 773-702-5800 or submit a request via Applicant Inquiry Form.We seek a diverse pool of applicants who wish to join an academic community that places the highest value on rigorous inquiry and encourages a diversity of perspectives, experiences, groups of individuals, and ideas to inform and stimulate intellectual challenge, engagement, and exchange.All offers of employment are contingent upon a background check that includes a review of conviction history. A conviction does not automatically preclude University employment. Rather, the University considers conviction information on a case-by-case basis and assesses the nature of the offense, the circumstances surrounding it, the proximity in time of the conviction, and its relevance to the position.The University of Chicago's Annual Security & Fire Safety Report (Report) provides information about University offices and programs that provide safety support, crime and fire statistics, emergency response and communications plans, and other policies and information. The Report can be accessed online at:http://securityreport.uchicago.edu.Paper copies of the Report are available, upon request, from the University of Chicago Police Department, 850 E. 61st Street, Chicago, IL 60637.