Accountant II

Company: Penske
Location: Reading
Posted on: May 11, 2025

Job Description:

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.
• 1-3 years related experience and basic knowledge of Generally Accepted Accounting Principles (GAAP) required.
• Bachelor's degree in accounting or finance required.
• Strong analytical, organizational and communication skills.
• Detail-oriented mindset.
• Energetic and self-driven.
• Ability to multi-task and meet required deadlines.
• Proficiency in the use of Microsoft Outlook, Word, Excel, Access, and PowerPoint required.
• Experience with AS400 and/or OneStream XF preferred.
• 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, Sayreville , Accountant II, Professions , Reading, New Jersey