Cash Accountant II

Position Summary:

The Penske Accountant II position has responsibility for overseeing various account reconciliations, including daily cash, preparing month-end journal entries, and managing the security deposit process. The successful candidate plays a crucial role in ensuring the accuracy of specific balance sheet accounts, and collaborates with various corporate departments to resolve discrepancies and clear open items.  

Major Responsibilities:

• Assist the global team in monthly preparation, review, and sign-off of various account reconciliations; including Cash, Accounts Payable (AP), Income Tax and Security Deposits.
• Collaborate with the corporate departments to resolve open items and identify opportunities to improve the process. 
• Produce monthly metrics that help make decisions and drive performance.
• Manage monthly reconciliations and weekly updates related to security deposit activities for US, Canada, and Australia entities, and work with credit department, global team and districts to confirm customer’s deposits, refunds, and other inquires. 
• Drive process improvement throughout the account reconciliation process and enhance accounting controls. 
• Prepare month-end journal entries. 
• Integrate LEAN into daily process. 
• Other projects and tasks as assigned by Manager.