What are the responsibilities and job description for the Accounting Manager position at ALUMA-FORM INC?
Position Summary: Aluma Form Inc. is seeking a detail-oriented and experienced Accounting Manager to oversee the financial operations of the company. As a key member of our manufacturing company specializing in power transfer equipment for utilities, the Accounting Manager will be responsible for managing financial processes, ensuring accurate accounting, and supporting financial decision-making.
Responsibilities:
- Financial Reporting: Prepare and analyze financial statements, reports, and budgets to provide insights into the company's financial health.
- Financial Management: Manage the company's financial operations, including accounts payable, accounts receivable, payroll, and financial planning.
- Accounts Payables Responsibilities:
- Review Accounts Payable for accuracy and process A/P Monthly Accounting Period Close
- Review and approve weekly expense reports for payment
- Develop reports for forecasting purchase/inventory requirements
- Review and maintain complete vendor files
- Manage Credit Hold accounts
- Manage vendor disputes and discrepancies
- Accounts Receivables Responsibilities:
- Work with Sales Management and Customer Accounts to project monthly cash flow
- Enter A/R invoices and create account statements
- Receive and deposit A/R payments and manage collections, as required
- Review Accounts Receivable for accuracy and process A/R Monthly Accounting Period Close
- Complete requests for credit reference
- Maintain Customer Files and Reseller Permits
- Accounts Payables Responsibilities:
- Compliance: Ensure compliance with internal controls, accounting standards, tax regulations, and financial laws, and oversee internal and external audits.
- Budget Management: Develop and manage the company's budget, tracking expenses and revenue, and providing financial guidance.
- Cash Flow Management: Monitor cash flow and liquidity to ensure financial stability and support daily operations.
- Team Management: Lead and mentor the accounting team, fostering collaboration and knowledge sharing.
- Process Improvement: Identify and implement improvements in financial processes to enhance efficiency and accuracy.
- Financial Analysis: Conduct financial analysis, including cost analysis, forecasting, and trend analysis, to support decision-making.
- Other duties as assigned
Qualifications:
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Bachelor's degree in Accounting, Finance, or a related field (Master's degree or CPA preferred).
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8 plus years experience in accounting
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Proven experience in accounting and financial management, with at least 3-5 years in a managerial role.
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Strong knowledge of accounting principles, financial regulations, and tax laws.
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Excellent problem-solving, decision-making, and analytical skills.
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Effective communication and interpersonal skills.
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Proficiency in accounting software and financial analysis tools.
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Knowledge of the manufacturing industry and cost accounting is a plus.
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Advanced Microsoft Excel Skills
Preferred Experience
- Manufacturing Experience
- Working Knowledge of SAP
- Experience with consolidation across multiple legal entities
- Experience with foreign entities/transactions
Physical Demands: The Accounting Manager position is primarily office-based, and physical demands are minimal. It may involve extended periods of sitting, using a computer, and reviewing financial documents.
Environmental Factors: The work environment includes office settings and interactions with various teams within the company. Noise levels are generally low. The role may require interaction with employees, external auditors, and other departments for meetings, discussions, and coordination.