Senior Accountant - Marengo, United States - Magnetic Technologies Corporation

Magnetic Technologies Corporation Marengo, United States

2 weeks ago

Description

Job Description

Arnold Magnetic Technologies is a leading global manufacturer of high-performance permanent magnets, flexible composites, electromagnets, magnetic assemblies, and precision thin metal foils. Arnold's magnets, metals, and systems are used in high-efficiency electric motors and generators, sensors, batteries, and more.

Summary of Duties:

Under the management of the Operational Controller for the Marengo Campus, the Senior Accountant is responsible for recording timely entries, providing accurate reporting, and analysis of financial information. All work requires the application of established accounting principles, practices and procedures and complies with GAAP.

Typical Duties/Activities/Responsibilities:

Month end close and financial statement preparation:
Prepare monthly journal entries and corresponding reconciliations such as prepaids and accrued expenses
Maintain capital expenditure records and fixed asset reporting.
Calculate monthly reserves for excess and obsolete inventory, net realizable value, and capitalized inventory variances
Variance analysis of key general ledger accounts
Oversee accounts payable, process vouchers as needed
Responsible for customer collection efforts
Post daily invoices, prepare sales reports with margin analysis
Generate and post cycle counts of inventory
Support request from internal and external audits
Make suggestions to improve internal controls and process efficiencies
Ad hoc reports as required
Preparation of Sales and Use Tax filings

Required Skills/Abilities:

Must be able to work independently, manage multiple projects simultaneously, and organize workload to meet organizational timelines in a fast paced, high growth environment.
Flexibility to adapt quickly to changing circumstances. Able to proactively question and challenge to prioritize and identify solutions in timely manner.
Solid interpersonal skills with proven ability to develop and maintain effective business partner relationships at all levels of the organization.
Excellent written and oral communication skills with the ability to translate complex data for non-financial audiences.
Excellent proficiency in Microsoft Excel including, but not limited to V look up, and pivot tables.

Education and Experience:

BA/BS degree (or equivalent) in Finance/Accounting or Business; CPA, CMA (or other advanced business degree) a plus.
At least 3 years of experience in accounting / finance.
Experience with and Actual Cost system and Foundry and/or "job shop" environment a plus.
Experience with Syteline ERP and multilocation/multinational corporate structure a plus.

Arnold Magnetic Technologies is an equal opportunity employer and does not discriminate on the basis of any legally protected status or characteristic. Minority/Female/Sexual Orientation/General Identity/Disability/Veteran

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