Accountant II

Company: Penske
Location: Reading
Posted on: March 18, 2025

Job Description:

Position Summary: The Penske Accountant II position has responsibility for working with financial statements, preparing journal entries, and completing variance reporting. The successful candidate will be responsible to provide expertise and accounting support to our field locations throughout the United Sates as well as internationally. Major Responsibilities:

• Assist the global team in monthly preparation, review, and sign-off of various account reconciliations; including Cash, Accounts Payable (AP) and Income Tax recs and assist in the clearance of open items.
• Collaborate with the treasury department to resolve cash open items and review the process to identify opportunities for improvement.
• Provide measures, metrics and monthly reports for internal and external customers.
• Maintain and update the weekly security deposit activities for Canada and work with districts to confirm customer's refund and other inquires.
• Prepare monthly reconciliations for security deposits related to Canada & Australia entities. Review and update information in the new security deposit application and upload support on RCM (Account Reconciliations system). Review US security deposits recs.
• Drive process improvement throughout the account reconciliation process and enhance accounting controls.
• Prepare month-end cash journal entries and security deposits reclass.
• Integrate LEAN into daily process.
• Other projects and tasks as assigned by Manager. - 1-3 years related experience and basic knowledge of Generally Accepted Accounting Principles (GAAP) required - Bachelor's degree in accounting or finance required. - Proficiency in the use of Microsoft Outlook, Word, Excel, Access, and PowerPoint required - Experience with AS400 and/or OneStream XF preferred. - Strong organization, attention to detail and analytical skills required. - Strong communication skills required. - Strong team player and self-driven individual. - Regular, predictable, full attendance is an essential function of the job. Associates are currently permitted to work remotely up to two days per week. - Willingness to travel as necessary, work the required schedule, work at the specific location required, complete Penske employment application, submit to a background investigation (to include past employment, education, and criminal history) and drug screening are required. Physical Requirements:
  • The physical and mental demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • The associate will be required to: read; communicate verbally and/or in written form; remember and analyze certain information; and remember and understand certain instructions or guidelines.
  • While performing the duties of this job, the associate may be required to stand, walk, and sit. The associate is frequently required to use hands to touch, handle, and feel, and to reach with hands and arms. The associate must be able to occasionally lift and/or move up to 25lbs/12kg.
  • Specific vision abilities required by this job include close vision, distance vision, peripheral vision, depth perception and the ability to adjust focus. Penske is an Equal Opportunity Employer. About Penske Truck Leasing/Transportation Solutions Penske Truck Leasing/Transportation Solutions is a premier global transportation provider that delivers essential and innovative transportation, logistics and technology services to help companies and people move forward. With headquarters in Reading, PA, Penske and its associates are driven by a dedication to excellence and a commitment to customer success. Visit Go Penske to learn more. Job Category: Finance/Accounting Job Family: Finance Address: 100 Gundy Drive Primary Location: US-PA-Reading Employer: Penske Truck Leasing Co., L.P. Req ID: 2502646

Keywords: Penske, Reading , Accountant II, Professions , Reading, Pennsylvania