This position is responsible for assisting with monthly closing process and various month-end analyses, general ledger account reconciliation, as well as cost and margin studies.
Assist with monthly closing process. This includes preparation of journal entries, and various month-end analysis
Purchase price variance analysis.
Explain changes in the purchase price variance.
Work with the plant buyers to clear up difference in receipts between the purchasing and MRP systems.
Prepare journal entry to clear out the 610031 raw material inventory returns account
Prepare a journal entry to post raw material issues.
Prepare a journal entry to book the transfer of raw material inventory items between plants
Prepare a journal entry to clear up negative balances for raw material items.
Monthly raw material purchases reconciliation
Monthly raw material inventory reconciliation
Monthly PPV account reconciliation
Prepare a journal entry to reclass expedited UPS freight charges from the vendor direct account
Code credit and debit memo’s
Reconcile the return to vendor account to the Return to Vendor system.
Process return to vendor write-off forms in the Return to Vendor system.
Prepare entries for cost of goods relating to claims against freight carriers.
Maintain a database of PPV by item for quarter end and margin study explanations.
Audit and check the standard costs and structures during year end standard setting process
Prepare cost and margin studies
Assist with the annual take per cabinet margin study.
Assist with preparation of the semi annual “Phase” margin study
This position does not typically have supervisory responsibilities.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills, and abilities required.
Education, Experience and Skills:
A Bachelor’s degree in Accounting, Finance, Business or related field.
0 to 4 years’ experience in accounting/finance.
Familiar with standard concepts, practices, and procedures in accounting.
Relies on judgment and limited experience to plan and accomplish goals.
Performs a variety of tasks.
Works under general supervision.
A certain degree of creativity and latitude is required.
Ability to read, analyze, and interpret common scientific and technical journals, financial reports, and legal documents. Ability to listen and communicate effectively with customers/clients in an effort to carry out responsibilities and respond to common inquiries from customers/clients or members of the business community and public. Ability to develop presentations to be delivered to top management, public groups and/or boards of directors.
Ability to apply advanced mathematical concepts like exponents, algebra, quadratic equations and basic logic functions such as if-then-else statements. Ability to apply mathematical operations to such tasks as statistical and financial math calculations, determination of test reliability and validity, analysis of variance, correlation techniques, sampling theory, and factor analysis
Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
While performing the duties of this job, the employee is regularly required to sit and talk or hear. The employee frequently is required to use hands to finger, handle, or feel and reach with hands and arms. The employee is occasionally required to stand, walk and lift a minimum of 20 pounds
Typical office environment. The noise level is usually moderate. Some out-of-town travel. Occasional weekend work and extended evening hours is required