Aerotek Staff Accountant in North Salt Lake, Utah
CONSUMER GOODS COMPANY
Purpose and Distinguishing Characteristics:
Responsible for maintenance of the corporate books and records for Generally Accepted Accounting Principles (GAAP) and Tax purposes, including the accurate and timely preparation, presentation and analysis of monthly financial statements of Pro-Mark, Inc. and all consolidated subsidiaries (individually and as a consolidated whole). This includes the maintenance of various and sundry subsidiary systems, schedules, work books, work papers, reports, queries and tables that all provide critical input data to the financials taken as a whole. Develop and maintain cost-effective data accumulation systems in the absence of a formal enterprise-wide solution.
Essential Job Functions:
. Responsible for timely, accurate, and intuitive financial statements for Pro-Mark, Inc. and all consolidated subsidiaries (individually and as a consolidated whole).
. Maintains work papers supporting balance sheet and income statement accounts; including the documentation of all journal entries (175) made along with supporting queries (50), schedules, work books, or supporting subsidiary systems. Understands and books complex accounting transactions in an environment using disparate legacy systems that maintain subsidiary-ledger data in a non-integrated environment. SQL reporting is often required to pull data and make journal entries into G/L.
. Drives process standardization by maintaining all documentation for financial accounting processes, and procedures current and easy to follow.
. On a monthly basis produces Individual Company Financial Statements (balance sheet and income statement in both detail and summary format); Consolidating Schedules and Consolidated Financial Statements; eliminations and foreign-currency translation, various graphs and tables that are needed to complete the Executive Reporting Packet for management – including key metric / restrictive bank covenant reporting for working capital, return on assets, current ratio, tangible net worth, debt-to-equity, EBITDA coverage, daily bank debt, borrowing base, annual profit, inventory turns and excess inventory.
. On a monthly basis assists with reporting our financial results to our lending institution in support of an existing working-capital line of credit needed to fund the business operations. On a quarterly basis assists with reporting our compliance to specific restrictive covenants with our lending institution as part of the line of credit agreement with is collateralized by company inventory and receivables.
. On a monthly basis produces full (top to bottom) and Separate Divisional Income Statements for each of the two divisions within the company (Division 1 – Irrigation and Home; Division 2 – Patio, Lawn and Garden); various graphs and tables that are needed to explain the divisional results adequately to management.
. On a monthly basis produces a separate Executive Overview Report, which highlights key elements of the detailed divisional income statements, and explains certain “harder to understand” concepts or numbers - including swings in Gross Margin percentages, inventory write-downs, vendor claims for defectives, miscellaneous credit memos and/or A/R adjustments, manufacturing variances (direct labor variances,
manufacturing overhead variances, and injection molding variances), operating expense variances and fixed asset impairment.
. Responsible for the intuitive formulation and reasonable accuracy of the estimation process for the various allowances in the financial statements including defectives, volume rebates, coop advertising, overstock returns, buybacks, inventory write-downs, and bad debts.
. Responsible to help drive business alignment; supported through frequent interaction with personnel in marketing, procurement, engineering, sales and manufacturing.
. Involved in IT development projects to continuously improve data accumulation systems and reporting capabilities. Create and review controls needed for accurate data accumulation and reporting.
. Recommends to management any updates to accounting policies as necessary.
. Collects, reviews and maintains supporting documentation to ensure that expenditures are adequately supported and properly classified in accordance with accounting standards and company policy. This includes a combination of paper filing systems and scanned images or work books all indexed for consistent and easy retrieval.
. Maintains the chart of accounts and financial statement formats to ensure consistent and accurate coding of all accounting transactions.
. Assists with the annual year-end inventory count and close-out process. Includes various processes and procedures to conduct an auditable physical inventory count and prepare for the 3rd-party financial audit, which includes inventory counts and valuations.
. Assists with the annual Pro-Forma / Budget process that establishes the Plan against performance is measured. This includes forecasting each and every line item in the income statement(s) and using a variety of reporting tools and estimation methods to project amounts for that respective area. Requires frequent interaction with procurement for “next costs” as well as sales for “CLR” customer program data. Monthly analysis highlights key variances to plan, initiates root-cause analysis and ultimately leads to recommended actions to stay on target.
. Assists Tax staff as needed with income tax payments and income tax compliance as assigned in various states as well as federal filings for the corporation and its shareholders. Includes converting book income to taxable income through tracking various timing differences, as well as preparation of various sundry tax work papers that feed the tax return preparation process.
. Assists with 3rd-party financial audit through preparation of various schedules, work papers and disclosures.
. Assists with Property and Casualty (and Work Comp) insurance renewal through the preparation of various schedules, work papers and other disclosures required for the renewal and follow-up premium audit.
. Assists with 401(k) administration of plan documentation, record retention, and match calculation and funding.
. Assists Tax staff as needed with sales tax (and GST) compliance in all states where the company has nexus.
. Utilizes SQL and Excel (data tables and pivot tables) for efficient reporting and analysis.
. Cross trains and backs up the Cost Accountant and Fixed Asset Accountant as time permits.
. Assists with various required government census reports.
. If applicable, manages direct reports, provides focus, mentoring & training, ensures team effectiveness and handles conflict resolution. Handles annual reviews, staffing, organizational change effectiveness and career development.
Accounting, General ledger, Month end, Financial, Vlookup, Pivot table, Financial statement, income statement, Gaap, sql, ms excel, Financial accounting
Additional Skills & Qualifications:
Sql - queries
MS Excel - vlookups, pivot tables and graphs, IF formulas
About Aston Carter:
Aston Carter is a distinguished global provider of recruitment and staffing services to companies requiring highly specialized business professionals. As a Best of Staffing® Client and Talent leader, Aston Carter has an unrivaled commitment to delivering first class service to clients and business professionals across a variety of disciplines, including Accounting and Finance as well as Governance, Risk and Compliance. With more than 60 offices across Europe, Asia Pacific and North America, Aston Carter provides local, regional and global expertise to drive value and meet our customers' unique needs. Aston Carter is a division of Aerotek. Aerotek is an operating company of Allegis Group, a global talent solutions provider.
The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.