Frequency Electronics, Inc.

Accounting Operational Manager, A/P, A/R and Payroll

Frequency Electronics, Inc.$80K — $90K *
Legal & Accounting
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in business administration, accounting, finance, or related field preferred
  • Eight or more years of accounting experience
  • Two or more years of supervisory experience
  • Experience with generally accepted accounting principles and accounting software
  • Must have ADP system and 1099 filing experience
  • Strong analytical and problem-solving skills
  • Excellent oral and written communication skills

Responsibilities

  • Manage Accounts Payable (AP) function and vendor relationships
  • Oversee Payroll function, ensuring accuracy in time sheets and payroll processing
  • Maintain general ledger and cost accounting related to AP and Payroll
  • Participate in the monthly closing process and posting month-end data
  • Ensure accuracy of AP and Payroll data for financial statements
  • Develop and implement systems and policies for AP, AR, and Payroll functions
  • Act as a liaison between the company, government, and external accountants

Benefits

  • Comprehensive benefits package including Medical, Dental, and Vision
  • Flexible Spending Accounts
  • 401(k) plan with 6% company match in company stock
  • Generous paid time off policy plus 11 paid holidays
  • 9/80 work schedule providing every other Friday off
  • Consistent pay for a 40-hour workweek despite varying work hours
Full Job Description
Accounting Operational Manager, A/P, A/R and Payroll

The Accounting Manager is responsible to oversees the Company's day-to-day financial transactions and processes, including payroll, accounts payable, and accounts receivable. They bridge the gap between financial reporting and business efficiency, managing accounting staff for these areas and driving system automation to ensure accurate, timely close cycles and regulatory compliance.

Key Duties and Responsibilities

Manages Accounts Payable (AP) function including setting up vendors and maintaining good vendor relations, overseeing AP group which handles all US and International check/wire transfer disbursements, receiving and reconciling numerous company credit cards, preparing and issuing 1099s, reviewing employee expense reimbursements, and monitoring adequacy of cash flow

Manages Payroll function including reviewing US and International time sheets for timeliness and accuracy, reviewing ADPs payroll register for employee deductions and overseas allowances, reviewing annual W-2s and W-3s for accuracy, ensuring timely payment of payroll taxes and other payroll related payments, and keeping apprised of new labor laws impacting payroll requirements

Responsible for general ledger, accounts payable, and cost accounting related to these areas

Part of monthly closing process and posting of month end information

Ensures accuracy of AP and Payroll data for financial statements

Develops, implements and maintains systems, procedures and policies relating to AP, AR and Payroll functions to ensure adherence to company guidelines

Enters status change information into company system to ensure employee information is accurate and up to date

Acts as a liaison between the company, government and external accountants to meet information needs and to ensure that proper information is maintained for historical purposes

Prepares and recommends operating and personnel budgets for approval

Qualifications

Bachelor's degree in business administration, accounting, finance, or related field preferred

Eight or more years of accounting experience

Two or more years of supervisory experience included

Experience working with generally accepted accounting principles and accounting software

Must have ADP system experience, as well as 1099 filing experience

Strong personal computer and business solutions software skills

Strong interpersonal skills for interacting with staff, internal and external clients, and upper management

Strong analytical and problem solving skills

Good presentation skills for educating employees on accounting principles and company AP/payroll policies and procedures

Good planning and organizational skills to balance and prioritize work

Ability to be flexible and thrive in a diverse fast paced team environment

Excellent oral and written communication skills

Salary Range based on Experience: $80,000-$90,000 Annually

FEI offers a comprehensive benefits package that includes Medical, Dental, Vision, Flexible Spending Accounts, and a 401(k) plan with a 6% company match in company stock.

We also provide a very generous paid time off policy, along with 11 paid holidays.

In addition, we operate on a 9/80 work schedule, which gives employees every other Friday off. This schedule includes longer workdays-9 hours and 45 minutes with a mandatory 45-minute lunch break. One week consists of four workdays (36 hours), and the following week includes five workdays (45 hours). Despite this variation, employees are paid for a consistent 40-hour workweek, with weekly pay.

About Frequency Electronics, Inc.

Frequency Electronics, Inc. designs, develops, manufactures, and sells precision time and frequency control products and components for microwave integrated circuit applications. The company's products are used in commercial, government, command, control, communication, computer, intelligence, security, and reconnaissance markets. Frequency Electronics, Inc. was founded in 1961 and is headquartered in Mitchel Field, New York.
Learn more about Frequency Electronics, Inc.
Size
220 employees
Market Cap
$55.3 million
Industry
Net Income
-$3.7 million
5 Year Trend
-0.8%
Revenue
$48.8 million
NASDAQ

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