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Accounting Services Manager

Date: Nov 23, 2021

Location: Eden Prairie, MN, US, 55344

Company: MTS Systems

smart people.

smart ideas.

smart choice.


A thriving environment for learning, innovation and growth.


Why do so many people join MTS Systems Corporation and stay for a career? Because this is a place where you get to apply your creativity, work with smart people on fascinating projects, and make a positive impact on people’s lives. It is a place where you can learn, innovate and grow professionally.


Transforming what’s possible with cars, aircraft, bridges, wind turbines and space-age materials — this is work we dream about as kids. At MTS, it’s a rewarding career path for talented individuals who are willing to work hard, think hard, and commit to solving complex and critical challenges for our customers around the world, many of whom are leaders in their respective industries.


By joining MTS, you’ll have access to the latest tools and technologies, along with the support of colleagues who are passionate about their work. You’ll discover a dynamic culture of continuous improvement that extends to our people, one that offers numerous ways to expand your knowledge and advance your career. And because we are a global company, your work may also include world travel.


Our business is thriving. Our future is exciting. Your potential is unlimited.



Primary Objective:

Directs and manages centralized accounting activities for the Company, including accounts payable, credit and accounts receivable and payroll. This includes vendor payments, wire transfer, employee expense reimbursements, credit issuance, cash application and collection.  Ensure compliance with Company policies and all external regulations.  Ensure proper audit and reconciliation practices and procedures are in place.  Implement, modify, test, and administer business system applications.  Lead initiatives for productivity and service-level


Major Areas of Accountability:

  1. Plan and manage work processes and procedures for accounts payable to ensure the accurate, timely and efficient verification, posting and payment of authorized accounts payable disbursement requests, including wire transfers and employee expense reimbursements, in accordance with Company policy and related regulations.  Establish and monitor controls to evaluate department performance. Interface with external auditors to provide any requested documentation.


  1. Plan and manage work processes and procedures to ensure customers pay invoices within terms for payment.  Where appropriate negotiate payment plans with customers outside the contractual terms.  Provide general reporting on the status of accounts receivable.  Interface with external auditors to provide any requested documentation.


  1. Responsible for establishing and managing the enforcement of appropriate credit standards for customers and utilizing standards to minimize risk of bad debt and write offs.


  1. When necessary provide guidance, direction and required approvals to payroll.  Manage the timely preparation of regulatory filings, including federal and state income tax withholding returns for all U.S. locations, Forms 1099 and W-2, and Canadian tax filings in compliance with all applicable regulations.  Stay current on new rate, laws, and reporting regulations.


  1. Process owner for all SOX related to accounts payable and accounts receivable.  Identify all potential risk areas for each process, collaborate with the internal assurance to ensure all controls are appropriately designed and written to mitigate risk.  Train all employees to understand their responsibility for SOX compliance.  Ensure all controls are adhered to, verifying/signing/completing the necessary action, and retaining records.  If a deficiency or significant deficiency arises, formulate and act on a plan to mitigate the deficiency, working closely with internal assurance. Interface with both internal and external auditors for SOX audits.  Maintain and safeguard all accounts payable and accounts receivable records in accordance with Company record retention policy.


  1. Lead and coordinate systems planning, development, and implementation of business system applications.  Develop training programs to ensure consistency of business system application by end users.  Identify and communicate SAP processing issues and follow up to resolution.  Define requirements for systems-related requests.  Supervise user testing to support SAP upgrades or configuration changes.  Ensure data integrity, including proper 1099 designation in vendor master records.


  1. Communicate and interact effectively with Company personnel to convey disbursement policy, credit policy and procedure requirements.  Manage content of department intranet websites to maintain current information.  Manage relationships with other departments to coordinate work efforts and resolve problems.


  1. Develop and establish practices to plan and use financial resources economically.  Identify, recommend and

           implement process improvements to increase effectiveness.  Document department policies and procedures.  Lead Company and department initiatives on behalf of the various departments.


  1. Ensure timely and accurate monthly closing of the disbursement and accounts receivable systems.  Establish and maintain a process to ensure amounts owed to vendors, employees and others are accurately recorded in the proper fiscal period in accordance with Company policy and GAAP requirements.  Oversee monthly reconciliations of assigned account balances.  Prepare correcting journal entries and establish procedures or provide training to prevent erroneous postings of disbursement transactions.


  1. Responsible for the on-going management and development of assigned employees.  Determines staffing and skill requirements to meet departmental needs and implements plans to satisfy those requirements. 


Minimum Qualifications:

  • Bachelor’s degree in accounting-related field
  • Five years of related finance and/or accounting experience


Preferred Qualifications:

  • Two years supervisory experience in a manufacturing environment
  • Knowledge of SAP
  • Basic knowledge of finance department operations and reporting requirements, including generally accepted accounting principles related to disbursement activity
  • Good analytical ability
  • Proficient computer skills including MS Excel, MS Word, and integrated computer applications for AP/Purchasing and Payroll. 
  • Strong written and oral communication skills



MTS Systems Corporation is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, ethnicity, religion, creed, gender, gender identification, sexual orientation, national origin, physical or mental disability, age, marital status or veteran status.

Posting Notes: Finance/Accounting/Tax | | |

Nearest Major Market: Minneapolis

Job Segment: Accounting, Tax, Accounts Payable, ERP, Law, Finance, Technology, Legal