About this role
• Preparation of Financial Reports
• Responsible for the general ledger account reconciliations.
• Month-end closing procedures and journal entries.
• Weekly cash flow reporting.
• Preparation and maintenance of accounting system documentation.
• Sales taxes return preparation and handling of any sales tax audits.
• Federal and state return preparation of work papers for an outside accounting firm.
• Preparation of audit schedules, audit interface, preparation of various tax analyses, and research to ensure compliance with state and federal registration and reporting requirements.
• Coordinate with the materials group on physical inventory counts and reconciliation of physical counts to the general ledger.
• Maintenance of property tax records and filings.
• Maintain Fixed Asset Register.
• Intercompany activity and confirmations.
• Assist with periodic forecasting (short and long term) and annual budgets
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• General accounting requirements
• Coordinate semiannual reviews and annual audit with independent auditors, including audit support and documentation
• To view the accounting department as an integral component of the company, not as a stand-alone ancillary unit.
• Cost Accounting requirements
• Cost Analysis & Reporting – analysis of fixed, variable, direct, and indirect costs associated with labor, raw materials, manufacturing, and shipping.
• Variance Analysis – compare actual production and project costs against budgeted (or estimated) costs to identify inefficiencies and areas for improvement.
• Inventory Control – reconcile inventory subledgers with the general ledger, perform regular cycle counts, and calculate obsolescence or slow-moving reserves
• Absorption Costing – monitor cost absorption rates and production hours, recommending improvements when over/under absorbed
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• Metrics and Measurement
• Ensure timely closing and compilation of the month/semi-annual/year-end financial statements.
• Ensure data accuracy by supporting department managers with timely weekly updates of expense activity.
• Assist departments with the correct identification and measurement of department activity relative to the company.
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• ERP System Utilization
• Can display competency with standard computing functions as well as standard Microsoft computing software; to have a thorough understanding of major Accounting Software and ERP applications, preferably MS D365 Finance & Operations.
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• Company Policies and Procedures
• Complete all responsibilities in a timely and professional manner while maintaining quality and confidentiality.
• Participate in implementing the Company's strategic plan goals and quality program initiatives. Support lean enterprise techniques, good housekeeping practices, immediate corrective action, and other company-wide initiatives aimed at improving productivity and increasing profitability.
• Participate in and support the Company's professional development and training activities.
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• Other duties may be assigned.