What are the responsibilities and job description for the Accounting Analyst II position at ADAC Automotive Career Opportunities?
Position summary:
The Accounting Analyst II position researches, prepares, and records a significant portion of the general accounting entries for the business. This includes fixed assets/depreciation, project tracking, a variety of tooling reconciliations, and advanced ad hoc entries. Completes timely account analysis at month end for key balance sheet accounts which support balances on the balance sheet. Maintains and documents thorough, clear, defensible account reconciliations, all concurrent within the 4-day closing process. Ensures company accounting procedures conform to Generally Accepted Accounting Principles.
Job Family: Senior Staff
Competencies:
1. Action Oriented – Take on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm. For example, identifies what needs to be done and acts quickly. Shows optimism and enthusiasm that affects others positively. Works independently, but knows when to ask for help.
2. Collaborates – Builds partnerships and works collaboratively with others to meet shared objectives. For example, finds many ways to add value to the team; probes to draw out richer input from others; is a valued resource who goes out of the way to help others.
3. Decision Quality – Makes good and timely decisions that keep the organization moving forward. For example, knows when to act independently and when to escalate issues. Integrates various inputs, decision criteria, and trade-offs to make effective decisions. Typically makes good independent decisions.
4. Drives Results – Consistently achieves results, even under tough circumstances. For example, holds self to high standards of performance; sets some challenging goals; wants to achieve meaningful results; pursues initiatives/efforts to successful completion and closure. Focuses on key goals, even during setbacks and obstacles.
Essential Responsibilities:
1. Performs the GL Accounting by recording journal entries in an accurate, well documented, and timely manner. This includes both during closing, and throughout the accounting period. General accounting entries will include payroll, expense reports, recurring monthly entries and ad hoc entries as deemed necessary.
2. Write journal entries and submit as presented by other finance team members. This includes verifying the date and fiscal period, checking the account numbers, confirming consistent journal entry numbering and presentation, evaluating the necessity for reversals, and validating the entries, then providing objective evidence of such.
3. Take on responsibility for cost accounting entries, including standard costing and all other inventory related record keeping.
4. Undertake custody of the fixed asset, depreciation, and lease accounting activity, with a focus on enhancing tracking and reporting of capital projects throughout their life cycle.
5. Record cost of production entries for materials, labor, and overhead. Calculate and record activity for productivity incentives shared with partners, and warranty accruals for contingent liability exposure.
6. Provide internal and external financial reporting for the Company, both regular and ad hoc reports, coordinating with managers, executives, FP&A, and Treasury.
7. Execute monthly accounting closing schedule, recording journal entries in a timely manner, often during the month as soon as practical. Advise management of operating results and exceptions as observed during the closing process, resulting in accurate financial statements for management and ownership.
8. Serve as first point of contact for the business, to pull transactional and account level data from the ledger system, for a wide variety of research and reporting purposes.
9. Conduct research as requested by management and external auditors, to supply data for the preparation of the official annual audited financial report.
10. Assemble transactional backup and responses with external compliance authorities, including Sales and Use Tax audits as well as financial institutions field exams/monthly reporting.
Education & Experience:
1. Bachelor’s Degree in Accounting, Finance or related field
2. 3 years of related experience preferred
- Proficient computer skills including ten-key, Excel, and Power Point
Other Knowledge, Skills & Abilities:
- Knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles.
- Knowledge of automated financial accounting reporting systems.
- Working knowledge of short- and long-term budgeting and forecasting, rolling budgets, and product-line profitability analysis.
- Communicate effectively with senior and executive leadership.
- Recording and analysis of financial data.
- Preparation of journal entries, account analyses/reconciliations, financial reports, statements, and projections.
- Familiarity with LeaseCrunch software, plus ASC 842 lease standards for Right of Use Assets.
- Sage FAS software for Fixed Asset management.
- Systems automation experience with tools such as Visual Basic or Alteryx, for existing routinized processes, and processes that can readily be standardized.
- Report writing in Microsoft Dynamics AX and Infor General Ledger systems.
