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Financial Reporting and Inventory Accounting Manager
at RADIANS INC
MEMPHIS, TN

Financial Reporting and Inventory Accounting Manager
at RADIANS INC
MEMPHIS, TN

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Description

Description:

The Financial Reporting and Inventory Accounting Manager is responsible for managing a portion of the accounting department and working with managers to create a fiscal strategy that aligns with the goals of the organization. Additionally, the Financial Reporting and Inventory Accounting Manager is responsible for all areas relating to financial reporting and for developing and maintaining accounting principles, practices and procedures to ensure accurate and timely financial statements. The position is responsible for managing the team to ensure that work is properly allocated and completed in a timely and accurate manner, and addresses tight deadlines and a multitude of accounting activities including general ledger preparation, financial reporting, year- end audit preparation and the support of budget and forecast activities.


ESSENTIAL DUTIES AND RESPONSIBILITIES include the following:

  • Lead, develop and inspire a high performing Inventory Accounting team
  • Own the close and reconciliation process for your respective areas
  • Partner with the business to drive the successful implementation and execution of the cycle count process for inventory at our distribution centers, including coordination with external auditors
  • Address internal and external audit queries as required, promptly addressing any control issues raised.
  • Support the team in the monthly closing process through the timely and complete provision of information of fixed asset and inventory positions.
  • Ensure legal entity and tax consolidation integrity is maintained and ensure that analyses required by the tax team to meet regulatory filing obligations are provided complete and on time.
  • Evaluate, improve and maintain processes for fixed asset and inventory management.
  • Produce error-free, timely accounting reports and presenting their results in accordance with our established schedule
  • Oversee all inventory (manufacturing, assembly, distribution center related) accounting & analysis efforts, ensuring accurate transactions and reconciliation
  • Train personnel in inventory reconciliation process
  • Troubleshoot inventory issues to ensure shipments are made on time
  • Review/Approve all inventory adjustments for three locations
  • Assist Controller and accounting team with month-end/quarterly close process:

1. Journal Entries Recurring and Standard

2. Review and Approve Journal Entries prepared by AP

3. Balance Sheet Reconciliations

4. Fixed Assets and Royalty Reporting

5. YOY Analysis for expense accounts

  • Special projects as assigned by Director and VP of Finance
  • Demonstrate leadership, best practices and work ethic to assume heightened Accounting leadership role.
  • Other duties as assigned


SUPERVISORY RESPONSIBILITIES: The Financial Reporting and Inventory Accounting Manager manages a small group of employees within the Accounting department and is responsible for the performance management and hiring of the employees within that group.


. Requirements:

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


EDUCATION and/or EXPERIENCE and OTHER SKILLS & ABILITIES:

  • 5+ years diverse accounting experience
  • Bachelors in Accounting, Preferably Masters level degree
  • CPA designation preferred, minimally require candidate actively pursuing CPA certification
  • Must be PC literate
  • Proven knowledge of accounting principles, practices, standards, laws and regulations
  • Must have demonstrated organizational and interpersonal skills
  • Ability to work in a fast-paced environment
  • Ability to read, analyze and interpret general business literature and/or training materials
  • Ability to write reports, business correspondence, and procedures
  • Ability to effectively present information and respond to questions from groups of managers, clients, customers and vendors
  • Ability to give full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times
  • Communicating effectively in writing as appropriate for the needs of the audience
  • Must have the ability to establish and maintain interpersonal relationship and communicate with persons outside the organization in a professional manner
  • Ability to work with mathematical concepts to solve problems
  • Must be able to apply concepts such as fractions, percentages and proportions to practical situations
  • Ability to define problems, collect data, establish facts, and draw valid conclusions
  • Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables
  • Adjusting actions in relation to others' actions
  • Actively looking for ways to help people
  • Considering the relative costs and benefits of potential actions to choose the most appropriate one
  • Managing one's own time and the time of others
  • Must obtain the ability to organize, plan and/or prioritize work

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