What are the responsibilities and job description for the Accountant position at Aqua Research Inc.?
Job Description: Accountant July 2023
Position: Full Time
Location: Aqua Research Inc., 5601 Midway Park Place NE, Albuquerque, NM 87109
Reporting: CEO of Aqua Research
JOB PURPOSE
To manage and oversee all operational, financial, tax, IT and accounting functions for Aqua Research Inc in Albuquerque NM.
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COMPANY BACKGROUND
Aqua Research Inc. is a small manufacturing business located in Albuquerque, NM that manufactures water treatment and disinfection equipment with a focus on technologies for the developing world and industrial applications. See www.aquaresearch.com for details. We supply our innovative systems world-wide and work with the largest non-government organizations (NGOs) and governmental organizations such as USAID, UNICEF, WHO, and the CDC.
We are looking for a bright, responsible, self-starting individual with a degree and 2 to 5 years experience in accounting or finance. The work will involve all aspects of accounting and finance for a fast-growing small business firm. The candidate will be exposed to all operations of the company, which will provide for a broad base for personal growth in the industry.
We are a performance-oriented firm with an adaptable hour schedule to fit around school or personal circumstances. By necessity, some of the work will be required at the office, but much can be performed in settings remote from the office. Meetings may utilize Zoom, Teams, or other remote communications software.
PRINCIPAL ACCOUNTABILITIES – Finance
· Manage and optimize cash
· Assist CEO in fund raising and investor interaction as needed
· Develop financial reporting systems and tools using on-line platforms
· Understand or learn SOS MRP system which is integrated with the company’s Quickbooks on-line software.
· With the assistance of senior accounting mentors and on-line tools, maintain and update Aqua Research capitalization table including employee options
· Work in partnership with other Aqua Research managers and to monitor revenue, margin, profit and cash goals
· Assist Aqua Research management in forecasting process using multiple inputs and data sources
· Prepare purchase orders, invoices, and other financial documents with the help of senior company mentors as needed.
· Prepare and issue New Mexico Non Taxable Transaction Certificates (NTTC) as needed with vendors
· Ensure New Mexico Gross Receipts Tax is applied correctly to invoices, and ensure payment of the proper NMGRT is paid to the State of NM in a timely fashion.
· Work with shipping vendors to determine shipping costs, customs duties, and other related costs for shipments around the world.
· Develop and update financial dashboards for critical financial operating parameters
· Develop, implement and maintain a robust control environment
· Provide relevant and timely management information to both the CEO and board of directors
· Manage the Accounts Payable and the Accounts Receivable functions
· Manage all payroll functions
· Ensure ledgers are closed and reconciled in a timely and accurate manner to facilitate quarter end reporting
· In conjunction with CEO create annual budgets and operating plans
· Issue quarterly variance reports against the budget and operating plan
- Assist with product costing strategy for company products
- Develop and update as needed Aqua Research revenue recognition policy
- Develop and update as needed Aqua Research credit and terms policy
- Utilize Quickbooks and SOS software for purchasing and vendor management to optimize cost of goods.
- Highlight areas where improvements can be made and bring added value wherever possible
- Oversee all IT and insurance contracts and spending
- Manage and update as needed company travel policy and expense reimbursement systems
- Assist CEO in purchasing and managing employee benefits
- Assist in due diligence for investments and mergers and acquisitions
· Any other ad-hoc duties and projects
PRINCIPAL ACCOUNTABILITIES – Operations
· Ensure all work at Aqua Research is done safely
· Ensure quality
· Manage all purchasing and inventory control, and conduct inventory audits as appropriate.
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SKILLS & EXPERIENCE NEEDED
Bachelor’s degree in Accounting as appropriate.
Quick Books
SOS MRP software
GAAP Account rules and requirements
State and Federal tax reporting systems
Venture backed company experience – preferred
CPA – nice but not required
Microsoft platforms
Self-starter with interest to help drive rapid growth
Great team player
Positive can-do attitude
Rapid acceptance and acknowledgement of mistakes
Above average sense of curiosity
Problem solving
Clear and concise communication – verbal and written
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Job Type: Full-time
Pay: $60,000.00 - $80,000.00 per year
Schedule:
- Monday to Friday
Supplemental Pay:
- Bonus opportunities
Ability to Commute:
- Albuquerque, NM 87109 (Required)
Ability to Relocate:
- Albuquerque, NM 87109: Relocate before starting work (Required)
Work Location: Hybrid remote in Albuquerque, NM 87109
Salary : $60,000 - $80,000