What are the responsibilities and job description for the Senior Accountant position at Viking Masek Packaging Technologies?
About Us:
Viking Masek Packaging Technologies provides innovative packaging automation for food, beverage, health, medical, and consumer goods manufacturers globally. We offer advanced solutions like vertical form fill seal (VFFS), premade pouch, stick pack machines, flow wrapping equipment, case packers, and cartoners. At Viking Masek we focus on innovation and integration, delivering complete packaging automation solutions to optimize production lines worldwide.
Job Description:
As a Senior Accountant at Viking Masek, you will play a crucial role in ensuring the financial accuracy and efficiency of our packaging automation solutions. Your responsibilities will encompass a range of financial tasks, integral to supporting our innovative operations. Large equipment contracts are processed with deposit billings and payments and profit is calculated with percentage of completion accounting. The Senior Accountant has the ability to influence change throughout our company by helping others understand opportunities for cost savings and process improvements. This position requires a high degree of accuracy and intuitive thought processes.
Key Role Areas (KRA):
1. Project Revenue Recognition
2. Compliance and Documentation
3. Financial Analysis and Reporting
4. Inventory Management
5. Budgeting and Forecasting
Job Duties & Responsibilities:
KRA # 1 Project Revenue Recognition
- Ensure timely and accurate recognition of project revenue.
- Review gross margin of projects and the impact of such to Income Statement.
- Monitor and analyze revenue streams for various projects.
- Collaborate with the finance team to reconcile revenue accounts and prepare revenue reports.
KRA # 2 Compliance and Documentation
- Complete account reconciliation for various balance sheet accounts.
- Maintain accurate and up-to-date financial reports and records.
- Prepare documentation for audits and financial reviews.
- Ensure compliance with accounting standards and regulations.
KRA # 3 Financial analysis and Reporting
- Perform financial analysis to support decision-making.
- Identify cost-saving opportunities and efficiency improvements.
- Work cross-functionally to ensure project cost accuracy.
- Prepare detailed cost reports and financial analysis for any variances.
- Monitor and report on project budgets and expenditures.
- Provide feedback in weekly Projects on the Floor (POTF) meetings
- Provide recommendations based on financial data analysis.
KRA # 4 Inventory Management
- Monitor inventory levels and costs.
- Ensure month-end inventory accuracy.
- Conduct regular inventory audits and reconciliations.
- Implement cost control measures to optimize inventory management.
KRA # 5 Budgeting and Forecasting
- Assist in the preparation of annual budgets and forecasts.
- Develop and maintain cost models for project budgeting and forecasting.
- Provide financial insights to support strategic planning.
Qualifications:
- Minimum 4-year degree Accounting, Finance, Economics, or BA
- 5 years of relevant experience
Desired Skillset:
- Aptitude for continuous process improvement
- Strong organizational skills, attention to detail, ability to prioritize and meet deadlines
- Ability to multi-task in a fast-paced environment with fluctuating priorities and deadlines
- Exceptional written, oral, interpersonal, and presentation skills and the ability to effectively communicate
- Financial software experience
- Excel expert
- Advanced analytical and problem-solving skills and technical background.
Core Values:
Simple in Motion
- SERVICE: Serving our customers, colleagues, and community
- INNOVATION: Solving your unique packaging challenges
- MOTIVATION: Motivated by our story to build your story
- PARTNERSHIP: Listening with curiosity and empathy to build strong relationships
- LEADERSHIP: Confidently transforming your goals into realities
- EXCELLENCE: Committed to delivering our best
We offer a welcoming and inclusive environment in service to one another, our products, the diverse consumers we represent, and the communities we call home.
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