What are the responsibilities and job description for the ACCOUNTING GENERALIST position at Air Compressor Solutions?
Job Description: The accountant will prepare financial reports to track the organization’s assets, liabilities, profit and loss, tax liabilities, and other related financial activities.
Role and Responsibilities:
- Performs general cost accounting and other related duties in the accounting department.
- Record financial transactions.
- Maintain, balance, and reconcile general ledger accounts.
- Prepare and post journal entries.
- Monitor actual performance against budgeted figures.
- Provide variance analysis on P&L and Balance Sheet monthly.
- Ensure compliance with accounting standards and regulations.
- Stay informed about changes in accounting principles.
- Identify and resolve accounting discrepancies and issues.
- Propose solutions for improving financial processes.
- Provides outside auditors with assistance; gathers necessary account information and documents to perform an annual audit.
- Files required tax forms with federal, state, and local government agencies.
- Coordinates the preparation of the corporate tax return.
- As appropriate, coordinates with the software vendor to maintain accounting software system; recommends updates to enhance the accounting software.
- Audits account to ensure compliance with state and federal regulations.
- Presents recommendations to management on short and long-term financial objectives and policies.
- Answer accounting and financial questions by researching and interpreting data
- Run and post biweekly Payroll in coordination with Human Resources.
- Reconcile monthly bank statements with accounting software, ensure entries are accurately made in the system, and update and track our cash balance in a manual check register.
- Backup to Accounts Payable in reconciling monthly statements from our suppliers, including completing wire transfers to suppliers for settlements.
- Help accounting team with printing checks, wire transfers, deposits, and any journal entries resulting from these responsibilities.
- Manage, mentor, and trains new accountants, accounts payable and account receivable staff.
- Document and monitor internal controls to maintain the integrity of data.
- Performs other related duties as assigned.
Qualifications and Education Requirements:
- Bachelor’s degree in Accounting, Finance, or related discipline required.
- Three to five years of accounting experience required.
- Extensive knowledge of general financial accounting and cost accounting.
- Understanding of and ability to adhere to U.S. GAAP (Generally Accepted Accounting Principles).
- Trustworthy with company financial and confidential information.
- Customer, both internally and externally, focused with constant attention to be accurate and timely in your work.
- Ability to own tasks from start to finish with little oversight.
- Able to manage multiple tasks at a time and manage own workload.
- Proficient with accounting software.
- Excellent organizational skills, organizational skills, and attention to detail.
- Excellent written and verbal com0munication skills.
- Proficient in Microsoft Office Suite or similar software.
- The ability to run a 10-key calculator by touch is a plus.
Salary : $65,000 - $75,000