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Position Summary: This position is responsible for various accounting tasks including daily, weekly, and monthly items.
Reports to: Finance Director
Personnel: Not applicable.
Accountabilities: Accountable for understanding and following all SOPs and WIs related to job duties while supporting 6S and Lean Manufacturing concepts. Ensures compliance with generally accepted accounting procedures. Administers financial reporting systems with controls and standards to safeguard company assets. Ensures that timely and accurate financial information is maintained.
Duties:
Expense Reports
- Review and approve expense reports for compliance with company policies.
- Process payments for expense reports.
- Record transactions to the appropriate GL accounts.
Cash Transactions
- Record cash transactions from bank accounts daily.
- Apply customer payments according to remittances.
- Deposit checks as received.
- Record petty cash transactions.
Commissions
- Calculate commissions monthly.
- Record commissions accrual and reconcile commissions GL account.
- Communicate with sales team about commissions to ensure they understand what is being paid and what is outstanding.
Intercompany Transactions
- Record intercompany transactions.
- Reconcile intercompany balances with partner companies and work with them to resolve differences.
Perform other accounting related duties as necessary/assigned:
- Provide assistance to and serve as back up for Accounts Receivable, Accounts Payable, and Payroll.
- Perform other month end duties as assigned.
- Perform general accounting duties as needed.
- Support company audits as needed.
- Review maintenance expenses for potential capital items.
- Ensure all duties have adequate process documentation.
- Work with other Precinmac companies to find best practices and standardize processes.
Job Qualification Requirements:
Educational Experience Bachelors degree in Accounting, Finance or related field; CPA or MBA a plus. Experience with Microsoft Office with specific emphasis on advanced knowledge of Excel.
Experience - Two to five years experience in accounting and finance. Strong understanding of accounting, general ledgers and key financial statements. Must be able to multi-task. Excellent problem solving and analytical skills with the ability to organize and efficiently analyze multiple sets of data. Ability to identify financial drivers and create analytical tools to track and explain their impact. Ability to work under deadline pressure and extra hours if needed.
Physical Demands - The employee is required to:
- stand, walk, push, pull, reach overhead, and bend to floor.
- exert up to 10 pounds of force occasionally.
Certification Required - none
Visual Acuity - Accommodations as required for reading computer screens and documents.
Hearing Ability Accommodations as required for communicating with internal and external customers.
Working Conditions - Normally works in an office environment. Very rarely, the employee may be subject to:
- shop floor environment
- high noise levels from operating machines
- physical hazards from moving equipment and production components
- breathing fumes, dust and mist
- skin exposure to oils and cutting fluids
- welding flashes.
The employee may be required to follow other job-related instructions and to perform other job-related duties as requested, subject to all applicable state and federal laws.
Attendance is an essential job function.
Employees will operate in compliance of all recognized standards that Major Tool adheres to (such as AS9100, ISO 9000), including all supporting policies and procedures.
Seniority level
Seniority level
Associate
Employment type
Employment type
Full-time
Job function
Job function
Accounting/Auditing-
Industries
Defense and Space Manufacturing
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Inferred from the description for this job
Medical insurance
Vision insurance
401(k)
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