What are the responsibilities and job description for the Staff Accountant position at Lenox Corporation?
JOB TITLE: Staff Accountant
DEPARTMENT: Finance
LOCATION: Bristol, PA
REPORTS TO TITLE: Senior Accountant
HOURS: 40 Weekly (Hybrid – 3 days in office, 2 remote)
SCOPE OF POSITION
Under the direction of the Senior Accountant, this position will be responsible for direct channel accounting, licensing and royalty reporting, sales commissions, allowances and fixed assets.
BASIC FUNCTIONS
The Accountant will be responsible for maintaining all aspects of direct channel accounting, royalty reporting, licensing income, and 3rd party sales commissions; related month-end close journal entries, account analysis reconciliations; maintenance and reconciliation of the capital projects and fixed assets accounting system; and reconciliation sales tax liability. In addition, assist with quarterly forecasts, annual budget development and ad hoc special projects.
RESPONSIBILITIES:
- Work with licensing team to maintain royalty contracts and calendar for timeliness of reporting
- Prepare royalty calculations, payment requests to recipients, related prepaid and accrued expense journal entries, monthly account reconciliation, and report generation through Royalty system
- Maintain licensing income schedules, monthly journal entries and account reconciliations
- Prepare schedules and analysis for monthly reporting package, including variance analysis to budget & prior year
- Generate 3rd party sales commission reports, calculation and payment requests of 3rd party sales commissions
- Preparation of budgets and projections for royalty expense, licensing income and sales commissions
- Prepare monthly direct channel journal entries, including accruals, reserves analysis and adjustments; general ledger account analysis and reconciliations; bank account reconciliations
- Prepare related interim and year-end financial statement and royalty licensor audit requests
- Maintenance of the capital projects and fixed assets systems, including additions and disposals, posting depreciation and monthly reconciliations
- Reconciliation sales tax payable per general ledger to sales tax system
- Special projects as required by management
MUST REQUIREMENTS:
- BA/BS in Accounting or Finance preferred, or relevant combination of education and work experience
- 3 years of related accounting experience
- Proficiency in Microsoft Word and Excel, including Vlookup, pivot tables with excellent analytical skills and attention to detail
- Team player, must be able to work collaboratively with people inside and outside Lenox
- Ability to multi-task and set priorities with minimal guidance
- Excellent organizational, follow up and communication skills
PREFERRED REQUIREMENTS:
- Experience with ERP systems (Microsoft Dynamics 365 preferred), Power BI, Vena
- Experience with Capital Projects accounting and Fixed Assets systems
- Experience with Commissions, Royalties, Royalty Systems and Licensing Income a plus