What are the responsibilities and job description for the Accounting Manager position at AAK?
Making Better Happen
Our story goes back more than 150 years, to the windy coast where Sweden and Denmark meet.
From our success in Scandinavia, we've grown into the world's leading specialist producer of plant-based oils, employing more than 4000 people all across the globe.
We work with our customers to make the products you love even better. The oils we produce go into making your chocolate extra creamy or putting the crunch into your croissant. And it's not just food - we work across industries to make products that are higher quality, healthier and better for the planet.
Every one of us works towards our shared purpose: Making Better Happen™.
Everything we do is about Making Better Happen together.
Join nearly 4,000 like-minded colleagues globally and build a better future with us.
Build a better future as a Accounting Manager in Louisville, KY
Compensation Range: $106,028 - $156,000
Possible Bonus: 10%
AAK Louisville
About The Role
Manage and report all accounting activities of AAK USA LV (K1, K2 and Realco). This position needs to be able to ensure that all accounting activities are delivered to management timely, accurately and in compliance with US GAAP. This position plays a crucial role reporting cost and inventory analysis as well as following the receipts and movement of our crude oils.
Responsibilities
Safety & Environmental Performance
Adhere to GMP when in the plants.
Identify high-risk safety/ productivity issues and help remedy them.
Work Requirements
Prepare monthly financial reports to track the organization’s assets, liabilities, profit and loss, tax liabilities, and other related financial activities.
Ensure that financial reports comply with generally accepted accounting principles or financial reporting standards.
Provide proper reconciliation of all Balance sheet accounts.
Oversee Accounting operations, which include financial accounting, inventory management, accounts payable, accounts receivable, intercompany transactions, cost analysis and payroll.
Maintain the general ledger.
Code invoices, set up new accounts, reconcile accounts, and close the monthly books.
Establish internal controls and guidelines for accounting transactions and budget preparation.
Present recommendations to management on short- and long-term financial objectives and policies.
Review budget reports and assist other departments to prepare annual budgets.
Maintain a documented system of accounting policies and procedures.
Provide outside auditors with assistance; gather necessary account information and documents to perform annual audit.
Identify and recommend updates to accounting processes and procedures.
Monitor material expenses for accuracy as recorded by Purchasing into ERP accounting system and post entries.
Oversee and maintain inventory, sales items, and General Ledger (G/L) accounts in ERP.
Develop/utilize various M-E inventory evaluation schedules for closing procedures.
Manage Banking/cash functions:
Initiate wire transfers.
Perform as an administrator on bank accounts.
Inquire/void/copy check issues.
Make G/L entries for M-E and Y-E closings in ERP.
Perform cost accounting and cost analysis
Monitor oil purchases, consumption, and settlements accruals.
Develop/use ME inventory evaluations.
Provide cost information for newly developed products.
Maintain workflow of employees in the department.
Support All Accounting Functions, Including Controller Responsibilities, When Needed.
Promulgate accounting principles to other disciplines when required.
Perform other duties/analysis as tasked by the Controller.
About You
Bachelor’s Degree in Accounting or Business administration
Five years g/l accounting experience
Five years manufacturing cost accounting experience
Excellent/ Advanced Microsoft Excel skills
Experience In Commodities Market Preferred
CPA/ MBA preferred
Strong team player.
In return AAK offer
Career paths, training and development, e-learning and tuition reimbursement programs offer potential for you to progress your future career
Comprehensive health insurance (medical, dental and vision) starting date of hire
Health Savings Account with AAK annual contribution of $1,000-$1,500
We match 100% of the first 3% you contribute to your 401(k), and 50% of the next 3%
Free Life and Disability insurance
Employee Assistance Program
Supplemental Pet Insurance, Identity Theft Protection and Legal Insurance Plans
Discounts on travel, amusement parks, concerts, movies, and more
Celebrations, events, and activities on site and supporting our communities
Recognition incentives for service and peer to peer recognition
About AAK
Everything AAK does is about Making Better Happen™. We specialize in plant-based oils that are the value-adding ingredients in many of the products people love to consume. We make these products better tasting, healthier, and more sustainable. At the heart of AAK’s offer is Customer Co-Development, combining our desire to understand what better means for each customer, with the unique flexibility of our production assets, and a deep knowledge of many products and industries, including Chocolate & Confectionery, Bakery, Dairy, Plant-based Foods, Special Nutrition, Foodservice and Personal Care. Our 4,000 employees support our close collaboration with customers through 25 regional sales offices, 15 dedicated Customer Innovation Centers, and with the support of more than 20 production facilities. Listed on Nasdaq Stockholm and with our headquarters in Malmö, Sweden, AAK has been Making Better Happen™ for more than 150 years.
AAK prohibits discrimination on the basis of race, color, sex, sexual orientation, age, national origin, physical or mental disability, religion, veteran status, and any other class of individuals protected from discrimination under state or federal law in any aspect of the access to, admission, or treatment of students in its programs and activities, or in employment and application for employment.
Our story goes back more than 150 years, to the windy coast where Sweden and Denmark meet.
From our success in Scandinavia, we've grown into the world's leading specialist producer of plant-based oils, employing more than 4000 people all across the globe.
We work with our customers to make the products you love even better. The oils we produce go into making your chocolate extra creamy or putting the crunch into your croissant. And it's not just food - we work across industries to make products that are higher quality, healthier and better for the planet.
Every one of us works towards our shared purpose: Making Better Happen™.
Everything we do is about Making Better Happen together.
Join nearly 4,000 like-minded colleagues globally and build a better future with us.
Build a better future as a Accounting Manager in Louisville, KY
Compensation Range: $106,028 - $156,000
Possible Bonus: 10%
AAK Louisville
About The Role
Manage and report all accounting activities of AAK USA LV (K1, K2 and Realco). This position needs to be able to ensure that all accounting activities are delivered to management timely, accurately and in compliance with US GAAP. This position plays a crucial role reporting cost and inventory analysis as well as following the receipts and movement of our crude oils.
Responsibilities
Safety & Environmental Performance
Adhere to GMP when in the plants.
Identify high-risk safety/ productivity issues and help remedy them.
Work Requirements
Prepare monthly financial reports to track the organization’s assets, liabilities, profit and loss, tax liabilities, and other related financial activities.
Ensure that financial reports comply with generally accepted accounting principles or financial reporting standards.
Provide proper reconciliation of all Balance sheet accounts.
Oversee Accounting operations, which include financial accounting, inventory management, accounts payable, accounts receivable, intercompany transactions, cost analysis and payroll.
Maintain the general ledger.
Code invoices, set up new accounts, reconcile accounts, and close the monthly books.
Establish internal controls and guidelines for accounting transactions and budget preparation.
Present recommendations to management on short- and long-term financial objectives and policies.
Review budget reports and assist other departments to prepare annual budgets.
Maintain a documented system of accounting policies and procedures.
Provide outside auditors with assistance; gather necessary account information and documents to perform annual audit.
Identify and recommend updates to accounting processes and procedures.
Monitor material expenses for accuracy as recorded by Purchasing into ERP accounting system and post entries.
Oversee and maintain inventory, sales items, and General Ledger (G/L) accounts in ERP.
Develop/utilize various M-E inventory evaluation schedules for closing procedures.
Manage Banking/cash functions:
Initiate wire transfers.
Perform as an administrator on bank accounts.
Inquire/void/copy check issues.
Make G/L entries for M-E and Y-E closings in ERP.
Perform cost accounting and cost analysis
Monitor oil purchases, consumption, and settlements accruals.
Develop/use ME inventory evaluations.
Provide cost information for newly developed products.
Maintain workflow of employees in the department.
Support All Accounting Functions, Including Controller Responsibilities, When Needed.
Promulgate accounting principles to other disciplines when required.
Perform other duties/analysis as tasked by the Controller.
About You
Bachelor’s Degree in Accounting or Business administration
Five years g/l accounting experience
Five years manufacturing cost accounting experience
Excellent/ Advanced Microsoft Excel skills
Experience In Commodities Market Preferred
CPA/ MBA preferred
Strong team player.
In return AAK offer
Career paths, training and development, e-learning and tuition reimbursement programs offer potential for you to progress your future career
Comprehensive health insurance (medical, dental and vision) starting date of hire
Health Savings Account with AAK annual contribution of $1,000-$1,500
We match 100% of the first 3% you contribute to your 401(k), and 50% of the next 3%
Free Life and Disability insurance
Employee Assistance Program
Supplemental Pet Insurance, Identity Theft Protection and Legal Insurance Plans
Discounts on travel, amusement parks, concerts, movies, and more
Celebrations, events, and activities on site and supporting our communities
Recognition incentives for service and peer to peer recognition
About AAK
Everything AAK does is about Making Better Happen™. We specialize in plant-based oils that are the value-adding ingredients in many of the products people love to consume. We make these products better tasting, healthier, and more sustainable. At the heart of AAK’s offer is Customer Co-Development, combining our desire to understand what better means for each customer, with the unique flexibility of our production assets, and a deep knowledge of many products and industries, including Chocolate & Confectionery, Bakery, Dairy, Plant-based Foods, Special Nutrition, Foodservice and Personal Care. Our 4,000 employees support our close collaboration with customers through 25 regional sales offices, 15 dedicated Customer Innovation Centers, and with the support of more than 20 production facilities. Listed on Nasdaq Stockholm and with our headquarters in Malmö, Sweden, AAK has been Making Better Happen™ for more than 150 years.
AAK prohibits discrimination on the basis of race, color, sex, sexual orientation, age, national origin, physical or mental disability, religion, veteran status, and any other class of individuals protected from discrimination under state or federal law in any aspect of the access to, admission, or treatment of students in its programs and activities, or in employment and application for employment.
Salary : $1,000 - $1,500