What are the responsibilities and job description for the Accountant -- OEM position at KYB AMERICAS CORPORATION?
Purpose of Position/Summary:
The OEM Accountant is responsible for various aspects of the OEM business from an accounting standpoint including but not limited to: bank reconciliations, payables, intercompany receivables/payables, reconciliations, freight accruals, monthly and quarterly reporting, monthly reconciliations and other areas as needed. The OEM Accountant is a function of the Accounting Department and reports to the OEM Accounting Manager. The goal of the OEM Accountant is to have a solid understanding of many different aspects of the OEM business, assist the other associates as requested, and assist in putting together timely and accurate financial information.
Essential Duties/Responsibilities:
• Prepare the monthly bank reconciliation and understand reconciling items;
• Assist with the fixed asset process including: (1) collecting information on whether fixed assets should be capitalized on a monthly basis (2) entering data into the fixed asset system (3) assisting with the annual fixed asset annual count (4) discussing whether fixed assets are in service with other departments (5) allocating fixed assets to correct departments (6) booking depreciation journal entries;
• Prepare reconciliations and analysis for month end and quarter end closing including: freight accrual, PPV, received not invoiced, analysis of expense accounts to determine capital vs. expense, etc.;
• Effectively communicate with Sales, Cost Planning, Purchasing, PC, HR and other departments as necessary to answer questions and/or find answers;
• Assist accounts receivable with any manual invoices as needed;
• Understand the accounts payable function including how to match and enter invoices and assist the AP team in times of high volume;
• Follow established procedures for preparing reconciliations, processing invoices, etc.;
• Help automate processes in the Accounting Department through the use of Biznet, QAD and other future software programs;
• Assist in preparation of data for external audit;
• Participate in semi-annual physical inventory counts two weekends per calendar year;
• Prepare journal entries;
• Adhere to GAAP and IFRS;
• Adhere to KAC internal controls and J-SOX;
• Other duties assigned by immediate Supervisor or Manager on an as needed basis.