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General Ledger Accountant

DigiKey Electronics
United States, Minnesota, Thief River Falls
701 Brooks Avenue (Show on map)
Mar 13, 2025

DigiKey is one of the fastest growing distributors of electronic components in the world. In addition to offering the broadest selection of in-stock electronic components and providing the best service possible to customers, employees have access to a highly competitive benefits package. To learn more, visit our benefits and perks page.

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Position Overview:The General Ledger Accountant is a detail-oriented person who will be responsible for preparing journal entries, completing account reconciliations, and ensuring data accuracy. The General Ledger Accountant will be responsible for the accuracy and integrity of cash transactions within DigiKey, making sure that cash amounts in the organization's accounting ledgers reconcile with the actual bank balances and will monitor all banking activities to detect irregularities. They will act as the backup for accounts payable and accounts receivable processing across DigiKey's New Market Initiatives and will help in managing the company's financial transactions, including processing accounts payable and accounts receivable transactions, reconciling accounts, and ensuring accurate and timely financial records.

This role is based in Thief River Falls, Minnesota, and will require a minimum of two days per week in the office. Must also be available for projects in the office as needed. Responsibilities:

Core Function #1: General Ledger Accounting

  • Responsible for ensuring that transactions from the business have been properly accounted for and accurately reflect the company's accounting processes.

  • Responsible for preparing and reviewing monthly journal entries (Inventory, Payroll, Tariff, etc.) and related supporting documentation.

  • Responsible for performing monthly and quarterly account reconciliations.

  • Review and analyze expenses for prepaid, fixed asset or other classification as per IRS guidelines.

  • Test system updates and application functionality for current ERP software or other third-party applications, may create training manuals and assist with training as needed.

  • Assist with year-end audit preparation and any ad hoc financial analysis.

  • Accountable for timely general ledger month-end and year end close processes.

  • Assist with monthly financial statements and reports.

  • Assist in creating, documenting, and implementing accounting policies and procedures.

Core Function #2: Bank Reconciliation and Credit Card Reconciliation

  • Responsible for performing bank reconciliations, research of reconciling items, and provide monthly reporting to management and other stakeholders.

  • Accountable for DigiKey's credit card processing programs including journal entry accuracy, reconciliation between the general ledger and settlement files, and any ad hoc reporting.

  • Responsible for ensuring DigiKey's cash and cash clearing accounts are reconciled and balances are accurately reflected.

  • Interest in 3rd party applications to enhance efficiencies.

  • Responsible for Cash to GL Reconciliation Report and resolving any reconciling items.

  • Responsible for input and accuracy of recurring monthly cash entries related to interest, bank charges, and cash transfers.

  • Collaborate with AR and AP to ensure cash positions allow for efficient processing of transactions.

Core Function #3: Accounts Payable and Accounts Receivable

  • Reconcile system uploads into Accounts Receivable, Accounts Payable, and the General Ledger, as applicable.

  • Serve as backup for accounts payable and accounts receivable processing specific to DigiKey's New Market Development programs.

  • Serve as back up for tracking outstanding A/R and A/P invoices, following up with customers, representing DigiKey and our programs in a professional manner on all communications.

  • Reconcile and analyze supplier/customer accounts, review for accuracy and recommend actions to resolve discrepancies as needed.

  • Detailed monitoring, oversight and reconciliation of sales and accounting transactions between DigiKey's New Market Development programs and company's accounts, as needed.

  • Respond timely and professionally to inquiries surrounding invoices.

Education and Experience Required

Combination of education and experience in project management, learning and development/training experience as noted below:

  • Bachelor's Degree in Degree in Accounting, Business Administration, or similar area of study with 2-4 years of experience.

  • Associate's Degree Accounting, Business Administration, or similar area of study with 4-6 years of experience

  • Expert user of Microsoft Excel.

  • Highly adaptable; possesses a strong ability to manage multiple tasks and changing priorities.

  • Ability to maintain confidentiality.

  • Ability to establish and contribute to a high degree of teamwork and collaboration with diverse groups.

  • A self-starter and a team player that helps to meet goals and deadlines and provide accounting support.

  • Excellent written and verbal communication skills; ability to communicate with management to report accounting or other issues that may impact the timeliness and/or reliability of financial results.

  • Maintain a continuous improvement mindset and recommends improvements to systems, processes, and policies.

  • Ability to develop understanding of current business flows, processes, systems.

  • Evaluate financial processes and provide recommendations to improve efficiency and accuracy.

  • Update documentation of business processes and procedures and maintain organized records.

  • Strong work ethics, problem-solving skills, and exceptional attention to detail.

Preferred Qualifications

  • Experience with Oracle Fusion ERP.

  • Experience with the electronic component distribution industry.

  • Strong knowledge of DigiKey brand and its principles.

Physical Requirements:
  • Generally, spend the workday sitting at a workstation and operating computer devices, such as, but not limited to keyboard, mouse and screen

  • Generally, spend the workday performing repetitive motions that involve or affect the hands, head, and other parts of your body

Compensation:

The base pay range for this position is:

$54,100

to

$74,400

Many factors influence the determination of base pay within a range, including the candidate's work experience in related roles; the candidate's knowledge, skills, capabilities, and performance; the relative pay of other DigiKey employees in similar roles; and the budget available for the position.

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DigiKey Electronics is an Equal Opportunity Employer. We encourage qualified minority, female, veteran and disabled, and other diverse candidates to apply and be considered for open positions.

If you are an applicant with a disability and need a reasonable accommodation for any part of the employment process, please contact Human Resources at 1-800-338-4105 or careers.us@digikey.com.

Know Your Rights: Workplace Discrimination is Illegal

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