Sr Accountant

Founded in 1898 and headquartered in Chicago, IL, GATX Corporation (NYSE: GATX) is an industry leader with 125+ years of success—success that is powered by our people. We are proud of our high-performance culture, hard-working and enthusiastic management team, and beautiful office space in the Willis Tower.

At GATX, we hire the best and offer our employees a dynamic, energetic, collaborative environment to enable them to make an impact from day one. Enjoy the perks and benefits of a global company with the close-knit culture and community of a much smaller one. In the same way we strive to empower our customers to propel the world forward, we are dedicated to providing our people with the tools and resources they need to advance in their careers.

This position is responsible for performing general accounting functions for GATX’s Joint Venture (JV) entities. This includes the accurate and timely recording of transactions, assisting in maintaining the integrity of the general ledger and preparation of monthly reporting requirements. This position will own the monthly reporting and analysis of all JV accounts including understanding processes, analysis of the accounts and working with applicable stakeholders.

• Joint Venture Monthly Accounting and Reporting
  • Perform monthly close procedures, including coordination with operations contacts on appropriate support for various revenue and expense accruals, compiling and understanding supporting data for utilization revenue lease entries, recording and maintaining recurring monthly entries, and researching the appropriate ledger coding for various miscellaneous transactions.
  • Own the preparation and issuance of the internal JV monthly reporting package including monthly variance analysis explaining fluctuations of income statement and balance sheet accounts, preparation of key performance highlights and statement of cash flows.
  • Prepare quarterly and annual supporting schedules as required for financial reporting department in accordance with 10-Q and 10-K disclosure requirements.
  • Assist with internal and external audit requests.
  • Be the primary point of contacts with departments across the organization for recording of transactions in the JV entities.
  • Assist in maintaining an effective control environment by executing controls to ensure compliance with established accounting policies.
• Reconciliation and Account Analysis
  • Reconcile assigned balance sheet accounts and review of income statement for reasonableness and accuracy.
  • Understand the full end to end process for recording transactions, develop and propose process improvements.
  • Perform analysis of JV accounts to enable others to understand the nature of transactions and key drivers of activity.
• Joint Venture Monthly Reporting to JV Partner
  • Own the preparation and issuance of the external JV monthly reporting package including monthly variance analysis explaining fluctuations of income statement and balance sheet accounts, preparation of statement of cash flow and compilation of other reporting requirements.
• Special Projects
  • Perform adhoc requests and special projects as requested, which may include various accountings initiatives, systems projects, internal reporting, and other analysis deemed appropriate.

• Bachelor's Degree required in Accounting or Finance
• CPA or working towards one desired
• 3-5 years of accounting experience
• Solid understanding of basic accounting and associated accounting skills

This is a hybrid position that will require the employee to work in the office at least 3 days a week throughout the year.