What are the responsibilities and job description for the Accounting Specialist position at RTP Corp?
Accounting Specialist
RTP Corporation located in Pompano Beach, FL, a leading manufacturer of control systems for the process and utility industries is seeking a seasoned Accounting Specialist to join our management team.
Job Description:
The Accounting Specialist will be involved in all financial affairs of the company particularly the operation of the company’s ERP system. This position combines accounting, inventory, and purchasing functions. The core responsibilities include managing the flow of goods from procurement to financial reporting.
Core Responsibilities:
- Purchasing/Procurement:
- Identify purchasing needs and source suppliers for materials, equipment, and services.
- Negotiate pricing, terms, and contracts with vendors to ensure cost-effectiveness and quality.
- Generate, process, and track purchase orders (POs), ensuring timely delivery and resolving any delays or discrepancies.
- Evaluate supplier performance and research new products or alternative vendors.
- Inventory Management:
- Monitor inventory levels and product movement to maintain optimal stock levels (minimizing shortages or excess/obsolete stock).
- Implement and manage inventory control systems and procedures.
- Coordinate and conduct physical inventory counts, cycle counts, and audits.
- Manage warehousing organization, receiving practices, and the documentation of incoming and outgoing stock.
- Accounting/Financial Duties:
- Reconcile inventory records with the general ledger and financial statements to ensure accuracy.
- Analyze inventory costs, including variances and cost of goods sold (COGS).
- Assist in month-end and year-end closing processes related to inventory accounts.
- Verify and process vendor invoices and resolve billing issues.
- Prepare detailed reports and financial analysis for management review, providing insights into inventory trends and costs.
Key Skills and Qualifications:
- Knowledge: Thorough understanding of inventory control practices, procurement procedures, and basic accounting principles (like GAAP).
- Technical Skills: Proficiency with inventory management and ERP systems, as well as Microsoft Office (especially Excel).
- Soft Skills: Strong analytical skills, attention to detail, problem-solving abilities, and excellent communication skills for collaborating with various departments and external vendors.
- Education/Experience: An associate's or bachelor's degree in a related field (Finance, Business Administration, Accounting) and relevant experience in warehousing, inventory, or purchasing is typically required.
RTP Corp. is an established company with a strong reputation in critical control and safety applications. Our control products have been purchased and installed by major global customers for more than 50 years. To find out more about RTP Corp. please visit our web site at www.rtpcorp.com.
Pay: $80,000.00 - $90,000.00 per year
Benefits:
- 401(k)
- Dental insurance
- Disability insurance
- Employee assistance program
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Work Location: In person
Salary : $80,000 - $90,000