Full-Time

Accounting Director

Confirmed live in the last 24 hours

Jet Support Services

Jet Support Services

201-500 employees

Aircraft maintenance support and financial services

Automotive & Transportation
Consulting
Financial Services

Senior

Chicago, IL, USA

Hybrid position based in Chicago, IL.

Category
Cost Accounting
Financial Accounting
Management Accounting
Accounting
Required Skills
Data Analysis
Requirements
  • Bachelor’s degree in accounting or a related field.
  • A minimum of 10 years of relevant experience, with a focus on inventory accounting preferred.
  • Certified Public Accountant (CPA) designation.
  • Expertise in Generally Accepted Accounting Principles (GAAP).
  • High business acumen, with the ability to anticipate future trends and their impact on the business.
  • Strong communication, collaboration, and influencing skills, with experience working directly with senior management.
  • Proficiency in MS Office.
Responsibilities
  • Provide strategic leadership and oversight of all accounting functions related to the Parts & Leasing business, serving as a trusted advisor and business partner to the CAO, CFO, Parts & Leasing business team (including executive leadership) and teams across Accounting, FP&A, Tax, IT, and Treasury.
  • Lead and support initiatives to streamline and automate accounting processes, particularly in the areas of data and reporting.
  • Analyze inventory trends, identifying opportunities for process improvements and business insights to enhance profitability and cash flow.
  • Build and maintain strong relationships with the finance team and executive leadership to enforce financial reporting standards and implement best practices.
  • Collaborate with FP&A to analyze and explain monthly balance sheet and income statement fluctuations, ensuring accuracy in monthly reporting.
  • Foster an inclusive environment that encourages the development of a cohesive team, coaching and empowering future leaders within the department.
  • Manage the audit relationship for Parts & Leasing, with a focus on continuous improvement, communication, and productivity.
  • Evaluate, develop, and maintain accounting processes and policies to ensure consistent application of GAAP.
  • Oversee period-end close activities, ensuring timely, accurate, and complete journal entries, account reconciliations, and roll forwards in line with reporting deadlines.
  • Work closely with the warehouse team during the annual physical inventory count to ensure procedural accuracy and completeness.
  • Maintain a deep understanding of GAAP as it pertains to inventory valuation and its application in financial statements.
  • Stay abreast of current trends and emerging developments in accounting to ensure compliance and organizational preparedness.
  • Demonstrate strong problem-solving and analytical skills.
  • Operate effectively both independently and as a collaborative team member.
  • Exhibit excellent organizational and communication skills.

Jet Support Services, Inc. (JSSI) provides maintenance support and financial services for the business aviation industry, catering to owners and operators of jets, turboprops, helicopters, and piston aircraft. The company’s main offering is the Hourly Cost Maintenance Program (HCMP), which allows clients to manage their maintenance expenses with predictable, fixed hourly rates covering everything from routine inspections to major overhauls. JSSI also offers parts leasing services, enabling clients to efficiently order necessary parts, and advisory services from experienced technical advisors to guide aircraft maintenance and management. What sets JSSI apart from competitors is its comprehensive suite of services that not only reduces operational costs but also enhances the reliability of aircraft maintenance. The company aims to minimize downtime and maximize operational readiness for its clients, and it has been recognized for its excellence in business management.

Company Stage

Growth Equity (Non-Venture Capital)

Total Funding

N/A

Headquarters

Chicago, Illinois

Founded

1989

Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%
Simplify Jobs

Simplify's Take

What believers are saying

  • JSSI's expansion into Latin America and other regions indicates strong growth potential and market demand.
  • The introduction of JSSI PartsHub and the acquisition of TRAXXALL highlight the company's commitment to innovation and digital strategy.
  • Strategic appointments, such as former Rolls-Royce executive Megha Bhatia as Chief Marketing and Strategy Officer, bolster JSSI's leadership team and strategic direction.

What critics are saying

  • The business aviation market is highly competitive, requiring JSSI to continuously innovate to maintain its market position.
  • Integration of acquisitions like TRAXXALL may pose challenges in aligning corporate cultures and systems.

What makes Jet Support Services unique

  • JSSI's Hourly Cost Maintenance Program (HCMP) offers predictable, fixed hourly rates for aircraft maintenance, a unique value proposition in the business aviation market.
  • The company's comprehensive suite of services, including parts leasing and advisory services, provides a one-stop solution for aircraft maintenance and management.
  • JSSI's recognition as a US Best Managed Company underscores its excellence in business management and service delivery, setting it apart from competitors.

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Benefits

Health coverage - We win at wellness. At JSSI, we believe that healthy and happy employees are better poised to make an impact in today’s global workforce. To that end, we provide industry-leading benefits plans that stay competitively priced for our employees and their families year after year.

Paid time off - We win at work-life balance. Our vacation benefits are highly competitive and increase based on tenure. In addition to our generous package of vacation, holidays, and sick days, JSSI also offers a Charitable Services Day in which employees are paid for a day of volunteering with a charity of their choosing.

Retirement package - We help prepare for a winning future. We all know the importance of saving for the future. In an effort to encourage our employees to plan for their retirement, JSSI provides an employer match to employee 401(K) contributions by matching 75% of employee contributions on up to 6% of eligible earnings.

Transporation - Move to win. Our commuter benefits plan gives JSSI employees the opportunity to set aside pre-tax dollars to put towards the inevitable use of parking and/or public transit to get to work each day.