Accountant

Job Description

Job Description

Full-time Accountant

Join Our Dynamic Team at TIG! TIG is a proud veteran-owned enterprise founded in Iowa. As leaders in value-added distribution, we provide innovative solutions nationwide.

We offer diverse career opportunities, with state-of-the-art warehousing, packaging, logistics, and assembly operations.

Our corporate offices are conveniently located in Marshalltown and Des Moines, Iowa. At TIG Distributing, we value our team members and offer excellent benefits, including bonuses, paid time off, holidays, and a competitive salary.

TIG practices equal opportunity employment to ensure that equal employment and advancement opportunities are made available to all employees based on individual qualifications, regardless of race, color, religion, sex, age, national origin, religion, sexual orientation, gender identity, status as a veteran, and basis of disability or any other federal, state, or local protected class.

TIG seeks a skilled and motivated individual to join our team as a full-time Accountant for our growing business. The ideal candidate will have a strong background in finance and accounting, with a proven track record of accuracy and attention to detail.

Responsibilities include preparing financial statements, reconciling accounts, analyzing financial data, and conducting audits.

The Accountant will also be responsible for budgeting, forecasting, and providing financial reports to management. If you are seeking a dynamic role with a variety of work, this could be the perfect opportunity for you!

Job Summary

The Accountant will report directly to the Accounting Manager, with a dotted line to the VP of Finance. The Accountant maintains accurate inventory records, costing, and reporting.

Additionally, the Accountant will assist with the integration of new companies as the business grows and contribute to the implementation of new ERP systems, specifically Sage X3.

General Duties, and Responsibilities

Inventory Costing, Management, and Analysis :

• Perform detailed analysis of inventory costs, including material, labor, and overhead expenses, to ensure accurate product costing and profitability assessments.
• Oversee the purchase clearing process, ensuring accurate and timely reconciliation of purchase orders, receipts, and vendor invoices to maintain accurate financial records and prevent discrepancies.
• Reconcile inventory balances with physical counts, investigating and resolving discrepancies to ensure alignment between inventory records and actual stock levels.
• Monitor and analyze inventory turnover ratios, slow-moving items, and obsolete inventory, providing recommendations for improvement and cost-saving opportunities.

Month-End Closing and Reporting :

• Assist in the month-end closing process by preparing journal entries related to inventory, including adjustments for variances, obsolescence, and write-offs.
• Prepare and present inventory cost reports, variance analyses, and other financial data to management, providing insights and recommendations for process improvements.
• Perform monthly account reconciliations and ensure accuracy of the balance sheet.
• Prepare monthly financial reporting and supplementary information, including facility and customer profitability reports.

Collaboration and Process Improvement :

• Collaborate with supply chain and warehouse teams to optimize inventory levels, reduce waste, and minimize carrying costs.
• Support the annual physical inventory process, including planning, coordination, and review of results to ensure accurate inventory valuation.
• Maintain Dimension and Stat Groups within Sage X3 through coordination with IT, ensuring reliable data for reporting and analysis of customers, departments, and facilities.
• Ensure compliance with internal controls and accounting policies related to inventory management, identifying areas for improvement and implementing corrective actions as needed.

Audit Support :

Assist with annual audit requests, providing necessary documentation and explanations.

Requirements

• Bachelor’s degree in accounting; CPA certification preferred.
• At least 3 years proven accounting experience within the manufacturing, distribution, or logistics industry, including oversight of standard costs and variances.
• Strong understanding of accounting principles and financial reporting standards.
• Experience with ERP systems, particularly Sage X3, is a plus.

Competencies / Skills

• Assertive and clear written and oral communication.
• Willingness to grow and adapt as the needs of the business grow.
• Detail-oriented, organized, and able to problem solve.
• Ability to work independently and team-orientated, able to work with diverse individuals within and outside the TIG / Exodus Organizations.
• Self-motivated, self-directed, and hardworking.

Physical Demands

The physical demands described here represent those that an employee must meet to perform the essential functions of this job successfully.

Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions.

While performing the duties of this job, the employee is frequently required to stand, sit, and walk. The employee is occasionally required to use hands to grasp or handle objects, reach with hands and arms, stoop, talk, and hear.

Disclaimer

The above statements are intended to describe the general nature and level of work being performed by people in this position.

They are not to be construed as an exhaustive list of all responsibilities, duties, and skills required from personnel. All personnel may be required to perform duties outside their normal responsibilities as needed.

Full-Time

Hybrid, some local travel required.