Accounting Manager - Rocknel Fastener Inc

Position Summary

The Accounting Manager is a member of the management team and will be responsible for establishing, coordinating, and maintaining sound accounting practices and procedures, presenting factual and timely reports and interpretations to management. The Accounting Manager participates as a key member of the Treasure’s team supervising accounting team staff which sets long-term strategy, organizational objectives, and short-term tactics.

Essential Duties and Responsibilities

The essential functions include, but are not limited to the following:

• Establishing, directing, and maintaining sound financial accounting practices and procedures, internal controls, and management reporting systems for internal and external reporting.

• Develop procedures, systems, and controls that monitor and assure accuracy of inventories and assets of the company

• Responsible for cash management, budgets, and forecasts

• Manage general and cost accounting functions, payroll, accounts receivable, accounts payable and job cost estimating

• Responsible for monthly and annual financial statements

• Evaluates capital expenditure requests including lease vs. buy alternatives

• As business partner to the Treasurer provides sound advice on business decisions based on thorough understanding of the business

• Provide leadership and demonstrate commitment to the ERP System, Cost Accounting System, and quality standards

• GL & Reporting

• Daily report generation for production, hours, and sales

• Journal entry preparation, and reconciliation of balance sheet accounts

• Month-end close reporting

• Month and YTD OT report

• Scrap reporting Monthly and YTD

• Adhoc reporting when requested

• Department cost analysis and report generation

• PO reports, Gross Margin Reports, SCAR Reports, Shipping and Tooling usage reports

• Finance

• Bank and Cash Reconciliation

• Monthly bank deposit and journal entries

• Bank cash analysis and transfers as needed

• Wire transfers as needed for vendor and royalty payments

• Wire forecast reports as requested

• Costing

• Cost roll-up for new parts and part revisions

• Utilities reporting and adjustments for natural gas

• Review and calculate the standard cost entry and update as needed

• Cost-down calculation and journal entry

• New actual costing system

• Payroll

• Review and Enter Payroll to GL

• Create hourly payroll analysis and accrual entry

• Fixed Asset

• Fixed Asset Management and Reconciliation

• Monitor expense accounts and reclassify transactions to prepaid or CIP as needed

• Inventory

• Physical inventory preparation, accounting, and generating variance reports

• LOCM/Variance capitalization/PPV analysis and adjustments

• In-transit inventory analysis and calculation

• Completions reports

• Inventory Reports

• Audit

• 3rd

  party CDH audit preparation and facilitation of the audit

• Audit Adjustments and Year-end close

• Sales Tax preparation filed for CDH – Post Audit

• Taxes & Government

• OHIO Quarterly CAT Tax preparation and payment

• Illinois Annual Report preparation and payment

• Illinois Annual Sales Report

• Census reports as received

• Others

• Support AR/AP as needed

• Support Treasurer as needed

Minimum Qualifications (Knowledge, Skills, and Abilities)

• Bachelor’s degree in accounting/finance

• Minimum 10 years accounting experience

• in various accounting roles in manufacturing with strong cost accounting background (multi-step product manufacturing environment preferred)

• and familiarity with a job costing environment

• in developing 5-years forecasts as well as future fiscal budgets

• in working with internal teams to develop department budget’s ability to be hands-on in the day-to -day finance process while managing a finance department and lead change of accounting processes

• Effective management of the month-end close process resulting in accurate and timely reporting of results

• Ability to prepare detailed monthly Management financial Reporting package with commentary and analysis

• Plan and lead physical inventories with experience in implementing cycle counting programs a plus

• Previously served as a member of a management team

• Ability to handle multiple tasks and projects

• Must maintain confidential information

• Ability to work collaboratively with multiple departments

• High proficiency in Excel

**Physical Demands and Work Environment **

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the functions.

• 100% onsite. One work location.
• 8-hour minimum work shifts. Weekend hours as needed.

Note:

This job description in no way states or implies that these are the only duties to be performed by the employee(s) of this position. Employees will be required to follow any other job-related instructions and to perform any other job-related duties requested by any person authorized to give instructions or assignments. All duties and responsibilities are essential functions and requirements and are subject to possible modification to reasonably accommodate individuals with disabilities. To perform this job successfully, the employee(s) will possess the skills, aptitudes, and abilities to perform each duty proficiently. Some requirements may exclude individuals who pose a direct threat or significant risk to the health or safety of themselves or others. The requirements listed in this document are the minimum levels of knowledge, skills, or abilities. This document does not create an employment contract, implied or otherwise, other than an at will relationship. The company is an equal opportunity employer, drug-free workplace, and complies with ADA regulations as applicable.