Description

SUMMARY

Guides financial decisions by establishing, monitoring, and enforcing policies and procedures. Protects assets by establishing, monitoring, and enforcing internal controls. Monitors and confirms financial condition by conducting audits and providing information to external Auditors. Undertake all aspects of financial management, including corporate accounting, regulatory and financial reporting, budget and forecasts preparation, as well as development of internal control policies and procedures. Responsibilities will also include financial risk management. Managing all accounting operations including Billing, A/R, A/P, GL, Cost Accounting, Inventory Accounting and Revenue Recognition

POSITION OVERVIEW:

• Perform weekly, monthly, and yearly accounting duties

• Responsible for developing and maintaining Corporate Budgets in Netsuite

• Preparation of monthly variance to budget reports

• Adjusting budgets to developing circumstances

• Responsible for monthly sales commission reporting and issuance of commission checks

• International reconciliations and reporting

• Domestic reconciliations and reporting

• Oversee the Cost Accounting function and monthly cost accounting reporting

• Oversee Company Purchase Card Program

• Provide monthly reconciliation of Direct Labor (Oversee monthly allocation of direct labor)

• Oversee the maintenance of the fixed asset ledger

• Oversee and track building and equipment leases

• Consigned inventory reconciliations and reporting 

• Monthly issuance of payments for monthly reconciliations

• Responsible for management of Accounts Receivable and posting of Cash Receipts 

• This would include receipting of cash receipts into Netsuite

• Oversee issuance of monthly statements in a timely manner to facilitate accounts receivable collection 

• Clearing open receivable balances and following up on customer questions

• Responsible for managing open/closed challenges with Big Box Retailers

• Weekly reporting of credits taken and customer paybacks

• Ensuring that potential exposures are accrued and captured in monthly Accounting

• Responsible for Accounts Payable Payments

• Setting up vendors in Netsuite for payment issuance

• Ensuring vendors are paid in a timely manner 

• Realizing available vendor cash discounts 

• Ensuring the payments are charged to the proper budget accounts

• Managing Container Reconciliations

• Tracking each container series for ocean freight, customs, & inland freight

• Reporting any variances to management

• Preparation of monthly bank reconciliations

• Investigating any variances created by the bank reconciliation review process 

• Responsible for preparing Monthly Financial Statements 

• Gather supporting sub ledger detail regarding Accounts Receivable and Inventory for submission to Financial Institutions 

• Preparation of monthly Asset Based Lending Certificate 

• Preparation and review of monthly financial covenants

• Preparation of monthly journal entries to allow accurate financial reporting

• Financial Reporting by comparing actual results to corporate budgets & prior year 

• Financial Reporting by Sales Channel

• Business Analytics

• Providing business analytic support for the various business segments 

• External Audit

• Maintaining supporting Audit schedules during the calendar year

• Oversee audit and provide requested information to the External Auditor

Requirements

EDUCATION & EXPERIENCE

• Bachelor of Science Degree in Accounting a plus

• CPA desired along with experience in Distribution and/or Manufacturing 

• A minimum 5 to 10 plus years’ experience in accounting, with at least 5 years in a Controller role

• Supervisory experience is a must with ability to handle personnel expansion to keep pace with company growth

• Excel knowledge and skills must be extremely good

• MS-Access skills required, but can be taught

• NetSuite experience is a tremendous plus

• Business analytical skills are a must to identify the root cause of cost variances 

KEY COMPETENCIES

• Experience in automating/digitizing accounting processes and reporting where applicable

• Excellent interpersonal skills

• Excellent communication skills; Active listening skills

• Logic based problem analysis and problem-solving skills

Attention to detail and accuracy with memory skills capable of recalling details of past events or conversations with Vendors and/or customers

• Adaptability and capability to multi-task

• Self-starter capable of self-direction

• Ability to work well in high growth environment with tight deadlines

OTHER:

• Incumbent work hours/schedule and/or shift are subject to change based on business needs and Management discretion

• Other duties may be assigned as business necessitates

Language Skills: Ability to read and write in English. Ability to effectively articulate and present information and respond to questions from Management and employees in a professional manner.

Physical Demands and Work Environment: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations within ADA guidelines that do not cause Company excessive expenditure(s) may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to have manual dexterity and written, verbal & auditory skills. The employee is regularly required to stand, walk and sit during the workday. The employee is occasionally required to lift and/or move up to 50 pounds. Any additional weight to be lifted should only be accomplished with assistance. Specific vision abilities required by this job are close vision and distance vision. The employee is expected to handle occasional high stress projects/situations as needed due to work to be accomplished, deadlines to meet, etc. Employee must be able to accommodate the requirement of public transportation of any type, in role, to get to/from employment/other offices in a timely manner, as scheduled. The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. The noise level in the daily work environment is usually moderate and could possibly change during the business day.

Job descriptions are used for informational purposes only, are not to be considered all-inclusive of responsibilities within a position and may change periodically with or without notice. In addition, we reserve the right to add, delete, change duties, formally or informally, verbally or in writing, at any time for any position. Job descriptions does not alter the “at-well” policy of the Company meaning that the Employee or the Company can separate employment at any time, for any reason, with or without cause. The provisions in the job description do not constitute a “contract of employment” with Employee or anyone else for any fixed period of time, either expressly or by implication. The Company subscribes to the tenets of Federal laws, Regulations and Executive Orders and the laws of the States and Municipalities in which we conduct business regarding Equal Employment Opportunity. We are committed to hiring and developing the most qualified people from the available work force in the communities we serve. It is our policy in all personnel actions, including recruiting, hiring, training, promoting, and compensating, to ensure that Employee and potential Employees are evaluated on the basis of qualifications and ability, without regard to race, color, religion, creed, gender, national origin, age, disability, service in the United States Armed Forces, veteran status or any other legally protected characteristic. We recognize that our workforce and clientele are comprised of a diverse blend of people with different backgrounds and perspectives and we value and promote diversity.