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Description
Description PRIMARY OBJECTIVE OF POSITION: To maintain records of routine accounting transactions and assist in preparation of accurate and timely financial and operating reports including trial balances, adjustments, closing entries and substantive account reconciliations.To assist in the analysis and interpretation of accounting records for use by management. Major Areas Of Accountability Staff I (Sales & Settlement/General Ledger Accounting) Maintains the general ledger for assigned accounts and prepares and enters monthly journal entries within the timelines established in the monthly close calendar. Reviews entries and account activity prior to the close of month end to ensure the accuracy of financial data and reasonableness of balance sheet accounts. Performs account reconciliation utilizing a variety of reconciliation tools, including but not limited to JD Edwards, Microsoft Dynamics D365, SK Bank, ReconNet, Excel and Access.Completes reconciliation in accordance to published deadlines to meet KPIs. Reconciles large amounts of transactional related data and assigned accounting areas, research unreconciled items, and communicates any out of balance issues to supervisor. Identifies and promotes changes in procedures and reporting that increase efficiency and reduce data keying and manual intervention. Reviews accounting methodology for assigned areas and proposes changes when operationally necessary. Partners with IT and Retail Stores in resolving cash over/short discrepancies on a regular basis. Escalates change order discrepancies with bank, retail stores and armored car services. Reconciles POS settlements, researches unreconciled items, and works with payment settlement provider to investigate variances.Prepares monthly analysis of aged items for review and escalation of items for write-off consideration. Partners with accounting team members, IT and Developers to help resolves any end of day and settlement issues. Prepares daily/monthly journal entries. Reviews account activity prior to the close of month end to ensure the accuracy of financial data and reasonableness of balance sheet accounts. Acts as a backup to other team members related to payment settlement reconciliations, other daily reconciliation, monthly end close &reporting. Complies with outside auditors including preparation of work papers and roll forward schedules as assigned and answers auditor’s questions regarding policy and procedures and account reconciliations. Identifies and makes recommendation to and/or changes in procedures and reporting that increase efficiency and reduce data keying and manual intervention. Reviews accounting methodology for assigned areas and proposes changes when operationally necessary. Keeps supervisor informed of important developments, potential problems and related information necessary for effective management.Coordinates and communicates plans and activities with others, as appropriate to ensure a coordinated work effort and team approach. Performs related work as apparent or assigned. Qualifications 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, skill and/or ability required.Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Bachelor’s degree in Accounting required. At least 3 years of accounting experience in the manufacturing and/or retail industry. Previous accounting experience in multi-location retail or manufacturing setting with inventory accounting or inventory control experience. Familiar with standard concepts, practices, and procedures within Accounting/Finance, specifically Generally Accepted Accounting Principles, substantive account reconciliations, and financial statements. Understands basic profit and loss reporting layout and flow. Preferred experience in JD Edwards and/or Microsoft Dynamics AX. Proficient in financial software including in Microsoft Excel and Access. Exposure to other financial systems including Access, BI Reporting Tools, Point of Sale systems and reconciliation tools preferred. Demonstrated ability to exercise strong judgment and able to work well independently. Detail oriented and analytical. Able to prioritize and multi-task effectively. Must be able to communicate effectively, both orally and in writing, with a wide variety of Company personnel and those outside the Company. Demonstrates Northern Tool + Equipment’s 12 Core Competencies. Show more Show less
