Accounting Manager

$90,000 - $105,000/Yr

General Devices, Co. - Indianapolis, IN

Full-time - Mid Level

Indianapolis, IN

Computer and Electronic Product Manufacturing

About the position

We are looking for a Working Accounting Manager to join our team. In this role, you will be responsible for managing the company's accounting functions and staff. You will compile financial information and reports for the Owners, President, Sales Managers, and Operations Manager as directed. This position is set in a fast-paced and hands-on work environment that allows for input into the process to make meaningful changes. You will play a critical role in illustrating company performance from day-to-day activities across all divisions and departments. Your responsibilities will include month-end, quarter-end, and year-end closing processes. You will prepare all tax-related data for year-end, specifically related to 1099 forms, and compile all company-related data to facilitate the preparation of federal, state, and property returns. Additionally, you will assist management in preparing and maintaining the annual budget, tracking results monthly. Completing month-end closing in a timely manner is essential, which includes GL uploads, manual entries, and overhead allocations. You will work with outside consultants to ensure all variances and entries to monthly statements are reviewed and audited, and you will conduct executive briefings on financial results, including trends, variance analysis, and explanations. You will manage capital spending reporting for the company within the established budget, perform bank reconciliations, and make monthly entries to the trial balance for review by outside consultants. Managing fixed assets and depreciation schedules will also be part of your responsibilities. You will perform annual year-end audits, including workers' compensation audits, property audits, and sales and use tax audits, working closely with outside consultants and CPA firms. It will be your responsibility to determine, report, and pay property, sales, and use taxes as required, as well as maintain business filings. In this role, you will interface with other management in various departments, including operations, sales, engineering, IT, and quality. You will review sales commissions and provide monthly, quarterly, and annual sales totals to the sales staff. Additionally, you will oversee the accounts receivable (AR) function, including credit policies and collections determinations, making recommendations on the best methods to collect AR and advising management on suspending or restarting shipments as needed. You will also oversee the accounts payable (AP) function, including the review of payments and releases, and review monthly AR & AP aging reports. Updating weekly cash flow analysis with outside consultants and reviewing sales returns and credits in conjunction with shipping data to determine monthly variances in materials and labor categories will be part of your duties. You will manage the company credit card and cardholder expense reports, assist with sales margin review, and conduct cost analysis monthly. Experience in customer profitability analytics is a plus. Lastly, you will work with the HR Manager on the analytics of personnel costs in the operation.

Responsibilities

• Month-end, quarter-end and year-end closing.
• Prepare all tax related data for year-end related to 1099 and compile all company related data to facilitate the preparation of federal, state, and property returns.
• Assist management in preparing and maintaining the annual budget. Track results monthly.
• Completes month-end closing timely, including GL uploads, manual entries, and overhead allocations.
• Work with outside consultant to ensure all variances and entries to monthly statements are reviewed and audited.
• Conduct executive briefings on financial results with trends, variance analysis and explanations.
• Manage capital spending reporting for the company within the established budget.
• Perform bank reconciliations.
• Make monthly entries to the TB for review by outside consultant.
• Manage fixed assets and depreciation schedules.
• Perform annual year-end audit, workers comp audit, property audit, sales and use tax audits to outside consultant and CPA firm.
• Determine, report and pay property, sales and use taxes as required.
• Maintain business filings.
• Interface with other management in other departments including operations, sales, engineering, IT, and quality.
• Review sales commissions and provide monthly, quarterly, and annual sales totals to sales staff.
• Oversee the AR function including credit policies and collections determinations.
• Make recommendations on best method to collect AR.
• Advise management on suspending or restarting shipments as needed.
• Review customers credit requests and determine approvals.
• Oversee the AP function including review of payments and releases.
• Review monthly AR & AP and aging.
• Update weekly cash flow analysis with outside consultant.
• Review sales returns and credits in conjunction with shipping data to determine monthly variances in materials and labor categories.
• Manage company credit card and card holder expense reports.
• Assist with sales margin review and cost analysis monthly.

Requirements

• Minimum of 5 years of strong general ledger accounting experience and 10 or more in a manufacturing environment is preferred.
• Accounting degree preferred.
• Strong Excel, database and data analysis skills required.
• Must be able to efficiently create and use pivot tables to analyze data.
• Work with Power BI a plus.
• Strong analytical and problem-solving skills are required.
• Strong organizational skills must be verifiable.
• Must be a quick learner that is capable of learning new software and systems easily.
• Must be able to work independently as well as show leadership and work with team members.
• Must be able to demonstrate written and verbal skills and competency.
• Ability to explain accounting results to non-accountants is preferred.
• Experience with ERP systems required. Visual is the platform used.
• Cost accounting knowledge and experience in a manufacturing environment is required.
• Knowledge of inventory management and systems a strong plus.
• Ability to engage Production, Sales, Costing and Accounting and create solutions that improve the operation.
• Demonstrated leadership ability and proven aptitude to manage teams.

Nice-to-haves

• Experience in customer profitability analytics a plus.

Benefits

• Starting salary range of $90,000-105,000 based on competencies.
• Bonus potential for performance measures hit by the candidate and company.