What are the responsibilities and job description for the Accounting Specialist position at JF Petroleum Group?
Description
The JF Petroleum Group stands as a premier leader in the North American fueling infrastructure industry, offering comprehensive turn-key solutions for distribution, construction, and service needs. We serve a diverse clientele including retail fueling stations, commercial and government fleets, and emergency power customers.
A JF Petroleum Group Accounting Specialist is a representative who manages complex, multi-tiered and rapidly changing challenges. A JF Petroleum Group Accounting Specialist is a team player who is responsible for taking a role in performing and facilitating Accounting duties and responsibilities, while supporting Managers and Directors. This role must function with an entrepreneurial mindset and be a resourceful problem solver with a keen sense of urgency. Oftentimes, JF Petroleum Group Accounting interacts with other programs, which means the Accounting Specialist will require cross-program coordination. The Accounting Specialist must be able to think “globally” rather than linear to accomplish a successful result. The Accounting Specialist is responsible for Reconciliations, adherence to GAAP and Company Financial Compliance, reporting key metrics, and providing Ad Hoc reports as directed and request by various department Managers and Directors.
A DAY IN THE LIFE
Accounting Specialist Job Responsibilities:
- Maintains Financial Records and ensures that financial transactions are properly recorded.
- Ensures the accuracy of entries to ledger accounts and reconciles subsidiary ledger accounts to the general ledger.
- Prepares balance sheets, profit and loss statements and other ad hoc financial reports.
- Analyses current costs, revenues and financial commitments and obligation to predict future revenues and expenses.
- Support complex tasks within the job function – reconciliations, cash management, forecasting, etc.
- Guides other departments by researching and interpreting accounting policy and applying observations and recommendations to operational issues.
- Supports Accounts Receivables and Accounts Payable processes.
- Maintains established internal controls.
- Protects organization’s value by keeping information confidential.
- Updates job knowledge by participating in educational opportunities, reading professional publications, maintaining personal networks, and participating in professional organizations.
- Accomplishes accounting and organization mission by completing related results as needed.
- Help with monthly, quarterly, and year-end financial audit activities and the annual corporate financial controls audit.
- Assess current practices and procedures and make recommendations for improvements.
- Work with external auditors to ensure correct and timely closing and reporting at year-end.
- Aids in uploading / updating budget for Financial Reporting purposes.
Requirements
- Minimum 4 Years Accounting Experience – AP, AR, Cash Management, GL, PR, Billing
- Industry Experience a plus: Construction, Service, Distribution, Petroleum
- High School Degree or GED Required
- Developing budgets
- Tracking budget expenses
- GAAP Accounting
- Revenue Recognition per GAAP - Service Revenue, Sales Revenue and POC Revenue.
- WIP Revenue Recognition per GAAP – Managing Process Reporting research results
- Inventory Tracking and Inventory Audits
- Yearly Audit per GAAP.
- Coordination
- Motivating others
- Attention to detail
- Must be able to meet company’s employment requirements, which includes passing a drug screen, criminal background check, and MVR, if driving for the company
- Physical Requirements: include occasional lifting/carrying of 10 pounds; visual acuity, speech and hearing; hand and eye coordination and manual dexterity necessary to operate a computer keyboard and basic office equipment. Subject to sitting, standing, reaching, walking, twisting, and kneeling to perform the essential functions. Working conditions are primarily inside an office environment. Prolonged periods sitting at a desk and working on a computer.
JF Petroleum offers:
- Competitive pay
- 401(k) with company match
- Paid time off
- Paid holidays
- Health benefits (eligible 1st of the month following 30 days) including Medical, Vision, Dental, Disability
- Life insurance-company provided
- Bonus program eligibility
- Paid training for field personnel
- Uniforms provided for field personnel
*JF Petroleum Group is an equal opportunity employer and does not discriminate on the basis of race, national origin, gender, gender identity, sexual orientation, protected veteran status, disability, age, or any other legally protected status.
