What are the responsibilities and job description for the Financial Reporting Accountant position at Lamb Weston?
Title: Financial Reporting Accountant
Location: Eagle, ID
About Lamb Weston
This position requires sound knowledge of Generally Accepted Accounting Principles (GAAP), creating/uploading journal entries, coordinating the distribution of routine financial reports, maintaining/updating monthly accounting schedules, assistance with and/or preparation of balance sheet account reconciliations, and assistance with preparation of audit schedules. This position will act as a support between the HR function and Financial Reporting teams. The consistency, accuracy, and timeliness of this communication are vital and must clearly convey all outstanding issues
Job Requisition ID: Req-256865
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: $67,480.00 - $101,200.00
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 requires sound knowledge of Generally Accepted Accounting Principles (GAAP), creating/uploading journal entries, coordinating the distribution of routine financial reports, maintaining/updating monthly accounting schedules, assistance with and/or preparation of balance sheet account reconciliations, and assistance with preparation of audit schedules. This position will act as a support between the HR function and Financial Reporting teams. 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.
- Prepare balance sheet account reconciliations.
- Reconcile HR and Finance information systems.
- Partner with HR teams to reconcile and manage acruals related to payroll, benefits, retention, sign-on, and other employee activities.
- Support HR in forecasting, budgeting, capital projects, and salary planning.
- Respond to information requests from external/internal customers
- Distribute routinely generated financial accounting reports.
- Perform general accounting activities in the SAP general ledger, which includes preparing and uploading journal entries, SAP Business Objects reporting and use of the electronic balance sheet account reconciliation tool.
- Exercise judgment in financial, operational, or transactional analysis to identify and help resolve 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.
- Evaluate effectiveness of processes, procedures, and control environment and develop improvements as needed.
- Effectively communicate information impacting both internal and external customers.
- Ability to identify and promptly communicate to management of situations that may materially affect the Company’s overall financial condition.
- Demonstrate ability to effectively work in a team environment both within and outside of assigned area of responsibility.
- Ability to reach out to individuals of various levels within the organization in order to resolve issues.
- Functional involvement in change management is frequent and eminent.
Basic & Preferred Qualifications
- Bachelors degree in accounting or equivalent experience required
- 1-3 years of business experience in public accounting, corporate accounting, manufacturing, etc.
- Familiarity with HR systems and accounting preferred
- CPA Certification a plus
- Strong communication, organization, and planning skills
- Ability to research and reconcile multiple accounts with minimal supervision
- Strong Excel knowledge
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-256865
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: $67,480.00 - $101,200.00
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 : $67,480 - $101,200
