Job ID: req4905
Job Category: Corporate
Location: Hamel, MN, US
Job Title: Senior Staff Accountant
FLSA Status: Exempt
Department: Accounting
Reports to: Manager, Financial Accounting and Reporting
Flex Work Eligible! This position qualifies for the Flexible Work Policy. Employees receive 75 workdays annually to work remote! The initial amount of days is prorated for the first year based on start date.
GENERAL DESCRIPTION / PURPOSE:
The Senior Staff Accountant is responsible for general accounting support for Loram’s corporate accounting functions and assigned global business segments. Primary responsibilities include preparation and posting of journal entries; preparation, analysis, and reporting of assigned general ledger account activity. Lead role in the month-end and year-end financial closings. Lead role in the analysis and publishing of financial reports. Supports internal and external audit functions. May lead or direct the work of other staff, associates, or interns.
ESSENTIAL JOB FUNCTIONS:
Operational Excellence
- Preparation and posting of journal entries and performing assigned general ledger account reconciliations
- Performs monthly and year-end closings including processing assigned accruals, analysis, preparation, tie-out, and review of financial reports and related disclosures
- Contributes to the publishing and maintenance of consolidated financial reports and statements
- Key contact for global entities needing assistance with treasury management, intercompany, and expense reporting transactions
- Leads and coordinates efforts with the broader accounting teams including finance, tax, accounts receivable, accounts payable, cost, and payroll
- Serve as Subject Matter Expert (SME) on cross-functional projects, strategic business priorities, and IT-related projects such as system implementation, upgrades, etc.
- Leads and/or assists with special projects and other duties as assigned
Compliance
- Serve as key contact for interim and year-end external audit activity related to areas of responsibility. Interacts with auditors and prepares client workpapers and analysis
- Prepares and maintains work procedures for assigned tasks. Maintains data integrity and code part hierarchy within the ERP system
Global-International
- Leads centralized accounting and financial reporting for assigned global entities, including capital expenditure administration process, fixed asset processing, and reporting for a capital-intensive business
- Leads elements of accounting requirements associated with global entity structure such as foreign exchange rate gain/loss, intercompany transactions and eliminations, consolidation, etc.
REQUIRED QUALIFICATIONS:
Education: Bachelor’s Degree in Accounting or Finance
Experience: 5+ years of related experience in Accounting
Knowledge, Skills, and Abilities:
- Excellent communication and interpersonal skills
- Skilled in time management and the ability to prioritize tasks
- High level of accountability
- Excellent critical thinking and problem-solving skills
- Demonstrates ability and experience in managing complex processes
- Highly organized with keen attention to detail
- Proven experience in financial statement preparation and reporting
- Proven knowledge of accounting, audit, and financial principles
- Strong aptitude for systems and software applications, with proficient skills using Microsoft applications
- A disciplined work ethic and advocate for Loram’s values, vision, and mission
In lieu of education 9+ years of equivalent combination of education and experience.
PREFERRED QUALIFICATIONS:
Education/Licenses/Certifications: Advanced Degree or CPA/CMA, or MBA.
Experience: US GAAP knowledge; Manufacturing work experience; Working with a complex structure of companies
Software: IFS, WebFocus, Dayforce, Cornerstone, Prophix, Tableau, OnBase, PMF, Concur, SharePoint
WORKING CONDITIONS:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Office deskwork, requiring sitting, walking, using phone & computer
- May lift up to 30 lbs. occasionally
- Travel up to 5%
- Can tolerate variable and sometimes challenging conditions during visits or inspections of company equipment in a railroad environment.
Benefits for this role include a comprehensive package with company-sponsored medical, dental, and vision insurance; Health Savings Account (HSA) and Flexible Spending Account (FSA) options; wellness programs; basic life and AD&D insurance; voluntary life insurance; company paid short-term and long-term disability coverage; 401(k) retirement plan including an employer match of 150% up to the first 6% you contribute to the Plan; Employee Assistance Program (EAP); behavioral health support; and leaves of absence. Additional benefits include tuition reimbursement, payroll charity contributions, adoption assistance and optional plans such as legal, critical illness, and hospitalization.
Loram determines compensation based on factors such as skills, competencies, education, and/or experience. Certain positions may be eligible for an annual bonus and paid time off in addition to base compensation.
Starting pay for the position is between $70,960.00 – $88,700.00.
Loram is an Equal Opportunity Employer and will make all employment-related decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, marital status, familial status, status with regard to public assistance, membership or activity in a local commission, protected veteran status, or any other status protected by applicable law.
Revised: May 2025
#LI-HYBRID
#LI-KK1
Job ID: req4905
Job Category: Corporate
Location: Hamel, MN, US
DESCRIPTION
Job Title: Senior Staff Accountant
FLSA Status: Exempt
Department: Accounting
Reports to: Manager, Financial Accounting and Reporting
Flex Work Eligible! This position qualifies for the Flexible Work Policy. Employees receive 75 workdays annually to work remote! The initial amount of days is prorated for the first year based on start date.
GENERAL DESCRIPTION / PURPOSE:
The Senior Staff Accountant is responsible for general accounting support for Loram’s corporate accounting functions and assigned global business segments. Primary responsibilities include preparation and posting of journal entries; preparation, analysis, and reporting of assigned general ledger account activity. Lead role in the month-end and year-end financial closings. Lead role in the analysis and publishing of financial reports. Supports internal and external audit functions. May lead or direct the work of other staff, associates, or interns.
ESSENTIAL JOB FUNCTIONS:
Operational Excellence
- Preparation and posting of journal entries and performing assigned general ledger account reconciliations
- Performs monthly and year-end closings including processing assigned accruals, analysis, preparation, tie-out, and review of financial reports and related disclosures
- Contributes to the publishing and maintenance of consolidated financial reports and statements
- Key contact for global entities needing assistance with treasury management, intercompany, and expense reporting transactions
- Leads and coordinates efforts with the broader accounting teams including finance, tax, accounts receivable, accounts payable, cost, and payroll
- Serve as Subject Matter Expert (SME) on cross-functional projects, strategic business priorities, and IT-related projects such as system implementation, upgrades, etc.
- Leads and/or assists with special projects and other duties as assigned
Compliance
- Serve as key contact for interim and year-end external audit activity related to areas of responsibility. Interacts with auditors and prepares client workpapers and analysis
- Prepares and maintains work procedures for assigned tasks. Maintains data integrity and code part hierarchy within the ERP system
Global-International
- Leads centralized accounting and financial reporting for assigned global entities, including capital expenditure administration process, fixed asset processing, and reporting for a capital-intensive business
- Leads elements of accounting requirements associated with global entity structure such as foreign exchange rate gain/loss, intercompany transactions and eliminations, consolidation, etc.
QUALIFICATIONS
REQUIRED QUALIFICATIONS:
Education: Bachelor’s Degree in Accounting or Finance
Experience: 5+ years of related experience in Accounting
Knowledge, Skills, and Abilities:
- Excellent communication and interpersonal skills
- Skilled in time management and the ability to prioritize tasks
- High level of accountability
- Excellent critical thinking and problem-solving skills
- Demonstrates ability and experience in managing complex processes
- Highly organized with keen attention to detail
- Proven experience in financial statement preparation and reporting
- Proven knowledge of accounting, audit, and financial principles
- Strong aptitude for systems and software applications, with proficient skills using Microsoft applications
- A disciplined work ethic and advocate for Loram’s values, vision, and mission
In lieu of education 9+ years of equivalent combination of education and experience.
PREFERRED QUALIFICATIONS:
Education/Licenses/Certifications: Advanced Degree or CPA/CMA, or MBA.
Experience: US GAAP knowledge; Manufacturing work experience; Working with a complex structure of companies
Software: IFS, WebFocus, Dayforce, Cornerstone, Prophix, Tableau, OnBase, PMF, Concur, SharePoint
WORKING CONDITIONS:
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of the role. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Office deskwork, requiring sitting, walking, using phone & computer
- May lift up to 30 lbs. occasionally
- Travel up to 5%
- Can tolerate variable and sometimes challenging conditions during visits or inspections of company equipment in a railroad environment.
Benefits for this role include a comprehensive package with company-sponsored medical, dental, and vision insurance; Health Savings Account (HSA) and Flexible Spending Account (FSA) options; wellness programs; basic life and AD&D insurance; voluntary life insurance; company paid short-term and long-term disability coverage; 401(k) retirement plan including an employer match of 150% up to the first 6% you contribute to the Plan; Employee Assistance Program (EAP); behavioral health support; and leaves of absence. Additional benefits include tuition reimbursement, payroll charity contributions, adoption assistance and optional plans such as legal, critical illness, and hospitalization.
Loram determines compensation based on factors such as skills, competencies, education, and/or experience. Certain positions may be eligible for an annual bonus and paid time off in addition to base compensation.
Starting pay for the position is between $70,960.00 – $88,700.00.
Loram is an Equal Opportunity Employer and will make all employment-related decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, marital status, familial status, status with regard to public assistance, membership or activity in a local commission, protected veteran status, or any other status protected by applicable law.
Revised: May 2025
#LI-HYBRID
#LI-KK1
ABOUT
Based in Hamel, Minnesota, Loram Maintenance of Way, Inc. designs and builds some of the most sophisticated railway maintenance equipment in the world, delivering high quality products and services to our global customers. This is made possible by employees who are passionate about delivering advanced equipment, innovative solutions, and unrivaled customer service.
For more information about Loram go to:
Based in Georgetown, Texas, Loram Technologies, Inc. provides innovative solutions for the railroad industry. From our friction management application systems to our Aurora® track inspection systems, our products are technologically advanced, safer, more efficient, and more productive than traditional maintenance methods.
For more information about LTI go to:
http://www.loramtechnologies.com
Loram is proud to be an Equal Opportunity Employer of Minorities, Females, Protected Veterans, and Individuals with Disabilities.
Job Title: Senior Staff Accountant
FLSA Status: Exempt
Department: Accounting
Reports to: Manager, Financial Accounting and Reporting
Flex Work Eligible! This position qualifies for the Flexible Work Policy. Employees receive 75 workdays annually to work remote! The initial amount of days is prorated for the first year based on start date.
GENERAL DESCRIPTION / PURPOSE:
The Senior Staff Accountant is responsible for general accounting support for Loram’s corporate accounting functions and assigned global business segments. Primary responsibilities include preparation and posting of journal entries; preparation, analysis, and reporting of assigned general ledger account activity. Lead role in the month-end and year-end financial closings. Lead role in the analysis and publishing of financial reports. Supports internal and external audit functions. May lead or direct the work of other staff, associates, or interns.
ESSENTIAL JOB FUNCTIONS:
Operational Excellence
- Preparation and posting of journal entries and performing assigned general ledger account reconciliations
- Performs monthly and year-end closings including processing assigned accruals, analysis, preparation, tie-out, and review of financial reports and related disclosures
- Contributes to the publishing and maintenance of consolidated financial reports and statements
- Key contact for global entities needing assistance with treasury management, intercompany, and expense reporting transactions
- Leads and coordinates efforts with the broader accounting teams including finance, tax, accounts receivable, accounts payable, cost, and payroll
- Serve as Subject Matter Expert (SME) on cross-functional projects, strategic business priorities, and IT-related projects such as system implementation, upgrades, etc.
- Leads and/or assists with special projects and other duties as assigned
Compliance
- Serve as key contact for interim and year-end external audit activity related to areas of responsibility. Interacts with auditors and prepares client workpapers and analysis
- Prepares and maintains work procedures for assigned tasks. Maintains data integrity and code part hierarchy within the ERP system
Global-International
- Leads centralized accounting and financial reporting for assigned global entities, including capital expenditure administration process, fixed asset processing, and reporting for a capital-intensive business
- Leads elements of accounting requirements associated with global entity structure such as foreign exchange rate gain/loss, intercompany transactions and eliminations, consolidation, etc.
RECEIVE JOB ALERTS
Be the first to know about the jobs that are right for you. Set your criteria and sign up now.
About the area
Find out more about Hamel, MN
Loram is an Equal Opportunity Employer and will make all employment-related decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, marital status, familial status, status with regard to public assistance, membership or activity in a local commission, protected veteran status, or any other status protected by applicable law.
Loram is committed to protecting the identity and personal information of any potential employee. Loram applicants will only be contacted by Loram employees with an authentic Loram email address ending in @loram.com. We encourage you to verify the identity of any individual who claims to be a member of the Loram team by confirming the email address is @loram.com with no additional characters or letters. We will never request financial information or a financial commitment as part of the recruitment process. If you have a question about the authenticity of any communication claiming to be from Loram, please contact loramrecruiting@loram.com. Reports can be submitted online at www.loram.ethicspoint.com or by calling 1-844-635-4640.
- © 2024 Loram Maintenance of Way, All rights reserved.
- Terms of Use
- Privacy Policy