Movement Search & Delivery
Summary
This role is responsible for managing the processes of month-end closing, annual auditing, bank reconciliation, AP & AR processing, FA & capital expense tracking, and cost accounting analysis & reporting. This position also plays a crucial role in establishing policies & procedures, providing financial insights, and ensuring compliance with financial regulations. Responsibilities
Financial Close and Reporting
Manage month-end closing process and reconcile the general ledgers. Analyze balance sheet accounts and reconcile the transactions. Reconcile the bank statements with GL account balances and analyze the differences. Monitor bank balances & activities for cash management & accounts reconciliation. Conduct accounts receivable analysis to assess potential risks of bad debts and annually update the bad debt reserve policy. Conduct the costing analysis for production efficiency and scrap rate improvements. Manage the processes of cost accounting analysis and reporting, and physical inventory auditing. Work closely with warehouse team for inventory cycle count and physical inventory process. Track and analyze inventory transactions and balance to ensure the inventory data accuracy. Support Production teams for R&D & trial projects and NCR tracking.
Audit & Compliance
Lead the whole auditing process to meet all audit requirements. Establish and enforce internal policies and procedures. Monitor company tax exempt status with vendors to exclude tax in vendor invoices, and track the tax payments & compliance.
Accounts Payable (AP) & Accounts Receivable (AR)
Manage the AP process to ensure the invoice GL posting accuracy. Oversee Accounts Payable process to ensure the invoices paid correctly, by terms to take discount & without late fee charges. Oversee the process of check runs & wire transfer activities. Manage accounts receivable process to ensure the cash flow and customer payments by terms. Establish the policies for customer credit line limits & approval.
Fixed Assets & Capital Projects
Establish the process of capital project request, expense tracking and reporting. Close capital projects, calculate depreciation, and manage fixed assets.
Requirements
Bachelor's degree in Accounting, Finance, or related field (Master degree preferred). Minimum of 5 years of experience in finance or accounting roles, with at least 2 years in supervisory capacity. Manufacturing plant cost accounting experience Strong knowledge of accounting principles, financial regulations, and auditing standards. Attention to detail and high level of accuracy in financial data management. Seniority level
Mid-Senior level Employment type
Full-time Job function
Accounting/Auditing, Manufacturing, and Finance Industries Textile Manufacturing and Manufacturing We’re removing boilerplate job postings and providing clean, focused content for applicants.
#J-18808-Ljbffr
This role is responsible for managing the processes of month-end closing, annual auditing, bank reconciliation, AP & AR processing, FA & capital expense tracking, and cost accounting analysis & reporting. This position also plays a crucial role in establishing policies & procedures, providing financial insights, and ensuring compliance with financial regulations. Responsibilities
Financial Close and Reporting
Manage month-end closing process and reconcile the general ledgers. Analyze balance sheet accounts and reconcile the transactions. Reconcile the bank statements with GL account balances and analyze the differences. Monitor bank balances & activities for cash management & accounts reconciliation. Conduct accounts receivable analysis to assess potential risks of bad debts and annually update the bad debt reserve policy. Conduct the costing analysis for production efficiency and scrap rate improvements. Manage the processes of cost accounting analysis and reporting, and physical inventory auditing. Work closely with warehouse team for inventory cycle count and physical inventory process. Track and analyze inventory transactions and balance to ensure the inventory data accuracy. Support Production teams for R&D & trial projects and NCR tracking.
Audit & Compliance
Lead the whole auditing process to meet all audit requirements. Establish and enforce internal policies and procedures. Monitor company tax exempt status with vendors to exclude tax in vendor invoices, and track the tax payments & compliance.
Accounts Payable (AP) & Accounts Receivable (AR)
Manage the AP process to ensure the invoice GL posting accuracy. Oversee Accounts Payable process to ensure the invoices paid correctly, by terms to take discount & without late fee charges. Oversee the process of check runs & wire transfer activities. Manage accounts receivable process to ensure the cash flow and customer payments by terms. Establish the policies for customer credit line limits & approval.
Fixed Assets & Capital Projects
Establish the process of capital project request, expense tracking and reporting. Close capital projects, calculate depreciation, and manage fixed assets.
Requirements
Bachelor's degree in Accounting, Finance, or related field (Master degree preferred). Minimum of 5 years of experience in finance or accounting roles, with at least 2 years in supervisory capacity. Manufacturing plant cost accounting experience Strong knowledge of accounting principles, financial regulations, and auditing standards. Attention to detail and high level of accuracy in financial data management. Seniority level
Mid-Senior level Employment type
Full-time Job function
Accounting/Auditing, Manufacturing, and Finance Industries Textile Manufacturing and Manufacturing We’re removing boilerplate job postings and providing clean, focused content for applicants.
#J-18808-Ljbffr