What are the responsibilities and job description for the Associate Financial Reporting Accountant position at Lamb Weston?
Title: Associate Financial Reporting Accountant
Location: Eagle, ID
About Lamb Weston
This position is responsible for tasks surrounding and financial reporting and corporate accounting processes at Lamb Weston. This includes period-end close activities, account reconciliations and assistance with the preparation of monthly internal financial statements. This position requires extensive knowledge of Generally Accepted Accounting Principles (GAAP). This position will partner frequently with personnel at all levels within the Controllers Organization and throughout the Company. The consistency, accuracy, and timeliness of this communication are vital and must clearly convey all outstanding issues.
Job Requisition ID: Req-256873
Time Type: Full time
Anticipated Close Date: 04/06/2025
In compliance with applicable state and local laws, Lamb Weston has opted to include a reasonable estimate of the compensation for this role. This compensation is specific to this position and takes into account a number of variables. Actual compensation may be higher or lower in the range posted based on various factors, including, but not limited to, job duties, experience and expertise. A candidate’s work location could also impact the actual compensation being outside of the range to reflect local cost of labor. A reasonable annual estimate of the range for this role based on the variables previously mentioned is: $50,680.00 - $76,020.00
Lamb Weston is an Equal Opportunity Employer and considers qualified applicants for employment without regard to race, color, creed, religion, national origin, sex, sexual orientation, gender identity and expression, age, disability, veteran status or any other protected factor under federal, state or local law
Location: Eagle, ID
About Lamb Weston
We love making fries almost as much as you like eating them! Since the 1950’s, Lamb Weston has inspired customers with food they love, trust, and share with families and friends. As a leading global manufacturer of quality frozen potato products with over 10,000 team members around the world, it’s our business to see the possibilities in potatoes and people.
We are looking for team members with an appetite for a challenge! People who are hungry to join a winning team and help us make a difference in the world. When you join Lamb Weston, you join a community with a strong support network and training programs designed to nurture, inspire, and help you grow.
We are driven by a relentless pursuit of results and by people who think creatively and embrace our values of: Integrity, Teamwork, Inclusion, Drive for Results, and Empowerment. Exactly what you’d expect from the most inventive potato company in the world!
Join Lamb Weston! We bring the world together with our fries.
Job Description Summary
This position is responsible for tasks surrounding and financial reporting and corporate accounting processes at Lamb Weston. This includes period-end close activities, account reconciliations and assistance with the preparation of monthly internal financial statements. This position requires extensive knowledge of Generally Accepted Accounting Principles (GAAP). This position will partner frequently with personnel at all levels within the Controllers Organization and throughout the Company. The consistency, accuracy, and timeliness of this communication are vital and must clearly convey all outstanding issues.
Job Description
- Provide support for internal and external financial statements in compliance with GAAP and/or other regulatory requirements.
- Participate actively in recurring and special projects involving accounting matters, such as policy updates, compliance support, and process improvement initiatives.
- Participate in and perform period-end close activities to ensure timely completion of assigned tasks, including identification and resolution of unusual items and issues in a timely and accurate manner.
- Prepare monthly accounting schedules as support for the balance sheet account reconciliations and financial audits, and provide analytic support to business partners as required.
- Perform general accounting activities in the SAP general ledger.
- Exercise judgment in financial, operational, or transactional analysis to identify and resolve issues.
- Assist in internal and external audits.
- Maintain effectiveness of processes, procedures, and control environment.
- Effectively communicate information impacting both internal and external customers.
- Alert management of situations that may materially affect the company’s overall financial condition.
- Successfully work in a team environment and across business groups within the company.
- Ensure compliance with SOX Controls and Lamb Weston policies.
- Reviewing the closing of financial systems and identify and resolve unusual items and issues in a timely and accurate manner.
- Prioritize multiple activities to ensure accurate and timely completion of both scheduled and extemporaneous tasks within a tight deadline.
Basic & Preferred Qualifications
- Bachelor’s degree in accounting or finance
- CPA and/or advanced degree preferred
- 3 years of experience in public accounting, corporate accounting, financial reporting, etc.
- Solid understanding of generally accepted accounting principles required
- Strong communication, organization, and planning skills
- Ability to work on multiple projects and assignments at the same time to reach resolution
- Ability to reach out to various levels within the organization in order to resolve issues.
- Ability to identify and promptly communicate situations that may materially affect the company’s overall financial condition.
- Ability to deal with ambiguity, change and a dynamic business environment
- Proficient PC and MS Office skills
Industry-Competitive Benefits
Coupled with our compensation and bonus incentive programs, our benefits deliver rewards that are market competitive. Some of the most attractive elements of our benefit programs include:
- Health Insurance Benefits - Medical, Dental, Vision
- Flexible Spending Accounts for Health and Dependent Care, and Health Reimbursement Accounts
- Well-being programs including companywide events and a wellness incentive program
- Paid Time Off
- Financial Wellness – Industry leading 401(k) plan with generous company contributions, Financial Planning Services, Employee Stock purchase program, and Health Savings Accounts, Life and Accident insurance
- Family-Friendly Employee events
- Employee Assistance Program services – mental health and other concierge type services
Benefits may vary based on location, job role/level, job status, and/or the terms of any applicable collective bargaining agreements.
Job Requisition ID: Req-256873
Time Type: Full time
Anticipated Close Date: 04/06/2025
In compliance with applicable state and local laws, Lamb Weston has opted to include a reasonable estimate of the compensation for this role. This compensation is specific to this position and takes into account a number of variables. Actual compensation may be higher or lower in the range posted based on various factors, including, but not limited to, job duties, experience and expertise. A candidate’s work location could also impact the actual compensation being outside of the range to reflect local cost of labor. A reasonable annual estimate of the range for this role based on the variables previously mentioned is: $50,680.00 - $76,020.00
Lamb Weston is an Equal Opportunity Employer and considers qualified applicants for employment without regard to race, color, creed, religion, national origin, sex, sexual orientation, gender identity and expression, age, disability, veteran status or any other protected factor under federal, state or local law
Salary : $50,680 - $76,020
