The Senior Accountant carries out a broad range of accounting responsibilities. This position plays a key role in financial monthly closes, as well as upholding controls and compliance with Company policies. In additional to performing monthly closing processes, this role will prepare account reconciliations and well-documented account analyses, and support the overall finance and operational functions The position reports to the Assistant Controller
Job Responsibilities:
Participate in the month-end, quarter-end and year-end closing processes and audits
Prepare and record P&L and Balance Sheet journal entries, including accruals
Fluent understanding of inventory, cost of goods sold, and shipment files and data
Perform monthly reconciliations and account analyses
Analyze actual/forecast variances and document same in asset and liability schedules
Record and maintain amortization schedules related to prepaid and fixed asset expenses
Reconcile monthly bank and credit card statements
Interact with sales team and process customer invoices and payments timely and accurately
Ensure timely and accurate recording of shipment and settlement files, as well as sales accruals
Possess a rich understanding of shipment processes and files and be able to analyze and discuss
Coordinate billing, invoicing, reconciling, reporting of Drop-Ship and Bulk Sales activities
Daily cash analysis & reporting and intercompany transfers for FT, and assist with compilation of IT files needed for business partner reporting. (paying bills, moving inventory, collecting cash)
Perform ad-hoc analysis, assignments and reporting as requested and/or needed
Sales and use tax reporting and analysis
Create and publish P&Ls by channel and be able to perform research & analysis and connect the recording of journal entries to their impact to the financials.
Comply with federal, state, and local financial legal requirements by studying existing and new legislation, enforcing adherence to requirements, and advising management on actions needed
Aid Assistant Controller and business partners with growing FT business, enhancing profitability and implementing process improvements through new systems and procedures
Identify and drive continuous process improvement
Skills:
Detail oriented with excellent ability to analyze and report on data and circumstances
Ability to perform multiple tasks simultaneously and work effectively in a team environment
Self-starter who requires minimal supervision
Ability to work under pressure to meet deadlines
Exceptional organizational, verbal and written communication skills
Jessica Brooks