Summary:This position is responsible for managing the monthly close process, management of the annual audit process, monthly financial statements and consolidation, intercompany eliminations, tax support (sales, VAT, property, and project support), recording payroll activity, fixed asset management, and balance sheet account maintenance and analysis. This position will work with our foreign subsidiaries' consolidation, account mapping, FX conversions, and account analysis. This position will also work with the IT function to manage the general ledger operations including posting entries, opening/closing periods, troubleshoot system errors and maintaining FX system conversions. Financial statement preparation and accounting research of any emerging issues or transactions.
Duties and Responsibilities: - Maintain accounting systems which comply with generally accepted accounting principles, tax requirements, and management reporting requirements
- Ensures compliance with all FASB and GAAP reporting rules and regulations.
- Analyze and research new and proposed accounting, reporting and disclosure standards issued by the FASB and their related impact on the Company
- Manage periodic financial close process, review journal entries, and balance sheet account reconciliations. Adhere to close schedules and deadlines.
- Review monthly Accounting close process including analytical review of the monthly operating results to ensure accurate accounting records are maintained
- Preparation of work papers supporting the close process and month end balances
- Close process will include payroll recording by entity by project ID, fixed asset and depreciation recording, accruals management, prepaid activity, and other balance sheet accounts.
- Management of the annual audit process in a timely and efficient manner.
- Coordinate schedule production and facilitate the resolution of issues with the audit team.
- Work with management and the external audit firm in the preparation of the financial reporting component of the external audit.
- Coordinate the corporate consolidation process with support from the finance organization.
- Currency conversion of foreign subsidiary trial balance and loading the corporate consolidation model.
- Assist in the preparation, accurate reporting and filing of periodic management reports such as monthly, quarterly, and annual consolidated financial statements.
- Calculate FX conversion entries and responsible for Intercompany Eliminations.
- Participate in the preparation of annual federal/state/local tax return with outside CPA firm
- Support for US Tax Returns, Foreign Tax Compliance, sales tax, VAT Tax, Property Tax, GST Tax, and projects as needed.
- Implement, document, and maintain adequate and effective processes to improve the close and reporting cycles.
- Perform other duties as assigned.
Education and Work Experience:- Bachelor's Degree in business administration, accounting, finance, or related field.
- Certified Public Accountant
- Five or more years of accounting experience or related field.
- Project based accounting and manufacturing accounting experience required
- Strong GAAP knowledge and financial reporting technical skills
- Need excellent Excel skills and Microsoft Office.
- Project based accounting and manufacturing accounting experience a plus
Work Authorization/Security Clearance Requirements:- This position may require a government security clearance.
Knowledge, Skills and Abilities:List of needed knowledge, skills, and abilities to successfully accomplish the duties and responsibilities of the job.
- Can interpret financial data contained in reports and ledgers.
- Performs day-to-day administrative tasks such as maintaining information files and processing paperwork.
- Work in a high energy, high volume, rapidly changing environment.
- Takes personal responsibility for the quality and timeliness of work and achieves results.
- Achieves thoroughness and accuracy when accomplishing a task through concern for all the areas involved.
- Clear and effective communication skills in both written and spoken forms.
- Knowledge of computer applications including email, databases, word-processing program and spreadsheets (such as Microsoft Office).
- Ensures that decisions are made based on policies, rules and organizational directives to solve emerging problems.
- Maintains confidentiality while processing and handling confidential information with discretion.
- Can handle frequent interruptions and can multi-task.
- Works effectively with different levels of management, team members and customers.
- Ability to earn trust, maintain positive and professional relationships, and contribute to a culture of inclusion.
Work Conditions:Environment Type:- Indoor. Office environment. Temperature controlled.
Exposure Types:- No adverse environmental conditions expected.
Work Hours:- Standard work schedule, overtime may be necessary for meeting deadlines, required travel, and emergent conditions.
Travel Requirements:- This position involve travel up to 10% of the time.
Physical Demands:The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
- Light work that includes moving objects up to 20 pounds.
- Picking, pinching, typing or otherwise working, primarily with fingers rather than with whole hand or arm as in handling.
- Prolonged periods sitting at a desk and working on a computer.
