Accounting Manager

Overview

Salary Range

$110,000.00 - $135,000.00 Salary/year

Powermatic Associates, Inc

Our Mission

We are an employee-owned company, providing effective automation solutions. 

Behavior Standards

In the performance of the respective tasks and duties, all employees are expected to abide by the following:

•   Perform quality work within deadlines with or without direct supervision

•   Interact professionally with other employees, customers and suppliers.

•   Work effectively as a team contributor on all assignments.

•   Honest, ethical, and hardworking with a strong desire to succeed.

•   Work independently while understanding the necessity for communicating work efforts with other employees and organizations.

Job Purpose

The Accounting Manager will be responsible for overseeing day-to-day accounting operations and ensuring timely and accurate financial reports. This position will work directly with our Chief Finance Officer and members of the Leadership Team to provide support for the continued growth of Powermatic Associates. This will include implementation of scalable systems, policies and procedures as well as assisting with developing and reporting key performance indicators and budget and financial analysis.

Principal Duties and Responsibilities (Essential Functions) *

•   Supervise the accurate and timely close of monthly financial statements.

•   Monitor Generally Accepted Accounting Principles (GAAP) compliance.

•   Prepare monthly budget to actual comparisons and financial reports.

•   Manage the internal accounting team and ensuring that accounting operations are optimal. Responsible for accounting process improvements and development.

•   Create, document and improve tracking for key business performance metrics and processes.

•   Conduct cost analysis and identify cost-control measures and initiatives.

•   Develop, mentor, and train accounting team members to match the needs of a rapidly growing business.

•   Manage the timely filing of all required tax returns and other statutory filings with external units.

•   Monitor overall cash and risk management.

•   Responsible for calculating all necessary commissions, bonuses and profit sharing. Ensure payroll is posted accurately in general ledger.

•   Provide technical support to our staff by being a resource in accounting or other areas which you have specialized skills.

•   Audit all processes and review internal controls to ensure financial transactions are accurate, timely, and comply with accounting standards, principles, and company policy including ensuring confidentiality.

•   Maintain all finance related policies and recommend new or modified policies to reflect changing business needs.

*To comply with regulations set forth by the Americans with Disabilities Act (ADA), the principal duties in this job description must be essential to the job. To identify essential functions, focus on the purpose and the result of the duties rather than the manner in which they are performed. The following definition applies: a job function is essential if removal of that function would fundamentally change the job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Qualifications

Qualifications & Skills

Required:

•   Bachelor’s Degree in Business, Accounting/Finance related field

•   5 years of progressively responsible experience in business accounting

•   3 years of experience successfully supervising an accounting team focused on back office and monthly closes

•   Ability to manage, supervise and motivate co-workers

•   Experience in designing and implementing financial controls and processes

•   Advanced knowledge of internal accounting controls and the ability to monitor and correct controls as needed to assure compliance and integrity of financial statements by conducting internal audits

•   High degree of accuracy and strict attention to detail

•   Self-motivated with excellent time management skills

•   Excellent verbal, writing, and organizational skills

•   Proactive and willing to challenge current ways of thinking

•   Ability to use discretion and judgment in confidentiality sensitive situations.

Preferred:

•   CPA or MBA strongly preferred

Working conditions

Powermatic Associates is a rapidly growing organization and as such our accounting team must be very agile and be comfortable working in an evolving environment. The working conditions for this position is primarily sedentary in an office environment; experiences frequent interruptions; required to meet deadlines; requires visual concentration on detail, dexterity and precision. Typical work hours are M-F 8am-5pm.

Travel Requirements

This position may be required to travel for business purposes.

Physical requirements

•   Most work is performed in a temperature-controlled office environment.

•   While performing the duties of this job, the employee may be required to walk 10% of the time,

•   stand 10% of the time and sit 80% of the time.

•   The employee will occasionally lift and or carry up to 25 lbs.

•   Employee may use computer, phone, copier/scanner and other office equipment in the

course of a day.

•   While performing the duties of this job, the employee is occasionally required to use hand

to finger, handle or feel objects, touch and use tools, reach with hands and arms, climb

stairs, bend, stoop, twist, lift, reach, push, pull, grasp, balance, kneel, crouch, crawl,

grasp, talk, hear, and walk during the course of employment.

•   Specific vision abilities required by the job include close vision, distance vision, color

vision, peripheral vision, depth perception and an ability to adjust focus.

Direct Reports

This position is required to manage a team of 5 accounting staff.