What are the responsibilities and job description for the General Accountant position at National Standard?
The Company
Heico has a history of success. Since its founding over 40 years ago The Heico Companies has grown from a single business to over 78 separate companies through a strategic acquisition policy, and by reinvesting its earnings into internal growth and new prospects. Historically talented at restoring distressed companies, Heico strategically targets acquisitions that will complement its ever-growing portfolio of companies in manufacturing, construction, and industrial services.
These four core operations are organized into groups: Applied Solutions Group, Construction Solutions Group, Industrial Technologies Group, and Metal Processing Group. Once acquired, new Heico companies are assigned to a group and run on a stand-alone basis, allowing for great independence as well as the opportunity to share knowledge about markets, production processes, and management practices across other Heico groups and companies.
Heico continues to seek out new opportunities and maintain its standard of success. The Heico Companies has remained a privately held company since its creation and maintains a majority ownership in each of its operations, which generates more than $3.3 billion dollars in revenues. Many of our businesses are certified Woman-owned Business Enterprises (WBE).
More information about the overall organization can be found at www.heicocompanies.com.
The Position
The General Accountant plays a key role in monitoring and analyzing production costs, efficiency and scrap reporting, transacting inventory, and ensuring the accuracy of manufacturing data. The position works closely with cross-functional teams to identify cost-saving opportunities, ensure accurate inventory tracking, and support the efficient operation of the manufacturing process.
Primary Responsibilities
- Ensure accurate recording and reporting of financial transactions in compliance with GAAP and company policies.
- Act as a liaison to the centralized corporate accounts payable department for invoice processing and approvals.
- Prepare and maintain cost accounting reports for management review.
- Support internal and external audits by providing requested documentation and explanations.
- Investigate and resolve costing errors in the ERP system.
- Assist with month-end closing activities related to inventory transactions and receiving.
- Perform monthly, quarterly, and annual inventory reconciliations to ensure accuracy.
- Assist with physical inventory counts, cycle counts, and investigation of discrepancies.
- Monitor inventory levels to flag potential shortages or overstocking, providing recommendations for production planning.
- Analyze inventory turnover rates and provide insights for optimization.
- Work with manufacturing teams to investigate and resolve discrepancies in production costs.
- Enter production timecards into the system accurately and in a timely manner.
- Collaborate with manufacturing personnel to correct errors in production documentation and timecard entries.
- Support continuous improvement initiatives by identifying cost-saving opportunities within the manufacturing process.
- Receive all goods, including raw materials, machine parts, chemicals, and capital project equipment, ensuring they meet purchase order specifications.
- Verify incoming deliveries against purchase orders and packing slips, checking for quantity and quality discrepancies.
- Investigate and report receiving issues to relevant parties for resolution.
- Perform other accounting and office duties as assigned to support the department’s needs.
Job Requirements
- Strong understanding of accounting principles and practices.
- Knowledge of manufacturing processes, terminology, and inventory management.
- Excellent communication and interpersonal skills for effective collaboration with cross-functional teams.
- Proficiency with ERP systems and data analysis tools.
- Detail-oriented with a strong focus on accuracy and process improvement.
- Ability to work independently and meet deadlines in a fast-paced environment.
- Bachelor’s degree in Accounting, Finance, or a related field preferred.
EOE M/F/D/V