SUMMARY OF POSITION:
The Staff Accountant assists the Plant Controller in managing day-to-day financial operations. Key responsibilities include accounts payable, accounts receivable, treasury activities, and reconciling accounts to ensure accurate financial statements and analyzing transaction data. This role serves as a bridge between departments, supervising the flow of operational data into the accounting system to maintain reporting accuracy.
PRIMARY DUTIES AND RESPONSIBILITIES:
To perform this position successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill and/or ability required.
ü Shall adhere to all safety, health and environmental procedures, policies and practices such as; utilizing personal protective equipment and proper attire in keeping with safety standards.
ü Comply with all QMS / EMS / ISO procedures and work instructions as it pertains to the position description.
KEY ACCOUNTABILITES:
1. Responsible for timely data entry regarding vendor invoices.
2. Prepare the weekly payment run and process ACH and wires.
3. Apply daily or weekly wire transactions.
4. Apply and follow tax provisions, preparing working papers for tax calculation.
5. Collaborate with the Plant Controller to resolve receiving discrepancies.
6. Responsible for Purchase Price Variance (PPV) research including corresponding with purchasing department for approvals.
7. Monitor, key and serve as the primary contact for all OE vendors.
8. Responsible for monitoring GRN weekly and initiate any clean up.
9. Monitor A/P Aging (including zero balance review and clean up).
10. Maintain credit reference sheet and communicate to vendors as necessary.
11. Prepare month-end and year-end balance sheet reconciliations.
12. Assist in bank and financial audits.
13. Prepare sales, returns and hold reports.
14. Responsible for billing and cash applications including processing of interface reports.
15. Prepare cash work ups daily.
16. Detailed research of short/over/unallocated payments including communication with customers and account executives.
17. Prepare and enter debit/credit memos.
18. Performs all other functions as required; included are any work assignments relating to the efficient flow of work within JAC Products.
Relationship with other areas
1. Coordinates the validation and control of documentation supporting operations.
2. Collaborates in fiscal management related to import and export operations.
3. Check tax and social security compliance in the calculation and payroll payment.
4. Validates inventories and production costs to ensure the reliability of financial information.
SKILLS/COMPETENCIES:
- Advanced personal computing skills and knowledge of MS Office Suite programs
- Ability to analyze and evaluate data and carry out projections based on historical data.
- Precision and attention to detail with the ability to perform multiple tasks.
- Highly organized
- Strong communication skills, both written and oral.
- Ability to identify urgent or emerging problems, develop alternative corrective actions and involve appropriate colleagues in the timely implementation of corrective actions.
