Support accounting processes for Industrial US, Distribution and International businesses including month-end close, account reconciliation support, reserve calculations, inventory substantiation, SOX compliance, internal & external audits, standard costing, and financial reporting.
Responsibilities
KEY TASKS
Assist in completion of month-end close process timely and accurately; support subsequent completion of account reconciliations.
Analyze and remediate any inventory issues within the segment group (includes inventory in transit, SNI, WIP, and intercompany purchases).
Monitor intercompany receivables and payables activities to avoid aging of these items.
Estimate various month-end accruals and calculations including FOB destination, bad debt reserve, inventory reserve and freight accruals.
Work closely with procurement team to analyze variance and establish effective costing.
Prepare required monthly financial reporting.
Complete any special assignments required to enhance business unit performance.
Perform various internal testing related to SOX procedures including test counts for the cycle count program.
Work with internal and external auditors to ensure financial reporting and internal control compliance.
Assist in completion of Fixed Assets and Inventory Full Physical counts.
Assist/create necessary reporting tools for manufacturing metrics.
Assist with quarterly State's usage/rebate reporting and submittal.
Qualifications
REQUIREMENTS
Bachelor's degree in business administration, accounting or related specialty; CPA a plus
Minimum 3-7 years of accounting experience within a corporate or other operational setting and/or a Big 4 or other reputable public accounting firm
In-depth understanding of generally accepted accounting principles and cost accounting
Experience in establishing and enforcing internal controls within the accounting, order to cash, and inventory cycles
Proficient in Microsoft Office software; experience in LN accounting system and HFM reporting system and SQL queries preferred
Cost/Manufacturing Accounting Experience
Demonstrated financial analysis skills
Strong verbal and written communication skills
Personal characteristics should include: team oriented, flexible, ability to complete tasks accurately and timely, organized
The ability to continually and constructively question and challenge the current practices and processes
Snap-on is an Equal Opportunity Employer, Minority/Female/Disabled/Veteran.
