What are the responsibilities and job description for the Staff Accountant position at BarcaLounger?
Role Description:
The Staff Accountant is a full-time, on-site position based in Morristown, TN. The role of Staff Accountant manages day-to-day financial transactions, general ledger entries, and monthly close processes. They are specifically responsible for tracking inventory valuation, freight logistics, accounts receivable, sales and wholesale margins.
Key Responsibilities:
- Inventory & Accounting: track cost of finished goods including freight and tariffs. Assist with periodic physical inventory counts and reconcile variances.
- Account Payable & Receivable: process vendor invoices for finished goods and shipping and manage collections thru our factor from retail buyers.
- Financial Reporting: prepare information for income statements, balance sheets, and cash flow reports using accounting software QuickBooks.
- Reconciliation: perform monthly reconciling of bank accounts, credit cards, tariff charges, freight cost, and warehouse and showroom inventories.
- Variance Analysis: review pricing discrepancies, evaluate shipping and ocean freight cost, warehouse costs, and ensure profitable sales margins across product lines.
- Audit Preparation: prepare key documentation for auditors.
Qualifications & Skills:
- Advanced proficiency in Microsoft Excel (specifically Pivot Tables and VLOOKUP)
- Strong industry knowledge with an understanding of GAAP and inventory costing methods.
Candidate must meet at least one of the following:
- Associate degree in accounting, Finance, or a related field.
- 1 to 3 years of accounting experience in retail, supply chain, or manufacturing.