Job Title : Staff Accountant
Location : Minneapolis, MN
Salary : $70-90K Job Summary of the Staff Accountant : The Staff Accountant will assist with the corporate accounting operations, execute standard cost and inventory control processes, perform month-end close duties, support the financial reporting process, implement essential business controls, and assist with ad hoc queries.
Qualifications of Staff Accountant :
- Bachelor’s degree in Accounting
- 3+ years of progressive accounting experience (GL, reporting, costing, public accounting)
- Must be flexible to work extended hours during month-end close and year-end close.
- Public accounting experience
- Manufacturing / assembly / distribution background
- Infor XA system experience a plus
- CPA is a plus, but not required
- Month-end close experience
- Balance sheet reconciliation preparation
- Experience creating and posting journal entries
- Working knowledge of accounts receivable and accounts payable Responsibilities of the Staff Accountant
- Review purchase price variances and partner with other departments to resolve inventory valuation and purchase price issues
- Perform assigned month-end close duties including, but not limited to, calculating accruals, entering journal entries, and reconciling general ledger accounts
- Maintain XA general ledger and chart of accounts
- Monitor system assignment of revenue and cost of goods sold accuracy
- Ownership of customer rebate accrual and related credit request process
- Oversee intercompany inventory transfers and partner with plants for timely and accurate goods receipt
- Perform daily and weekly processes to report sales, inventory consumption, vendor rebates, and other key metrics as determined by management
- Execute monthly and weekly reporting tasks over work orders of company assets for cost accumulation reporting
- Assist with the administration of the company’s indirect expense process
- Support the capital expenditure process from approval through asset setup in the system and monthly reporting
- Assist with the administration of the purchasing card program and record expenses through journal entries
- Perform monthly analytical reviews of balance sheet and income statement
- Coordinate with the corporate tax team to provide tax-related financial information on a timely basis
- File monthly GST and sales and use tax reports and serve as administrator over the Avalara tax engine
- Assist with annual financial audit and interim audit procedures
- Assist in the implementation of internal controls including evaluating, recommending, maintaining, and monitoring appropriate internal controls
- Participate in system enhancements and integration efforts throughout the organization
- Interact with internal and external stakeholders in responding to inquiries or Powerlink financial data reporting and ad hoc reporting requests
- Consistently support compliance by maintaining the privacy and confidentiality of information, protecting the assets of the organization, acting with ethics and integrity, reporting non-compliance, and adhering to applicable federal, state, and local laws and regulations, accreditation and licensure requirements (if applicable), and the Company’s policies and procedures
- Identify accounting issues, research possible solutions and form conclusions to present to the supervisor
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