Director of Accounting

JOB SUMMARY: Performance of General Accounting and Financial Reporting functions resulting in complete and timely GAAP basis monthly financial statements including oversight of Accounts Payable, Accounts Receivable and Federal Excise Tax Claim reporting and related receivable. Candidate is responsible for implementing and maintaining a system of internal controls that will ensure that each of various companies’ assets are adequately safeguarded and that all financial reporting is prepared in compliance with all financial policies.

ESSENTIAL DUTIES AND RESPONSIBILITES:

• Is responsible to ensure that credit risk is balanced with business objectives, targets are met and that only valid claims with proper management authorization are paid.
  
• Oversees the general accounting function, which includes inter-company as well as intra-companies’ accounting, cash management/reconciliation, financial reporting, balance sheet management (excluding inventory related items) and FET claim reporting and monitoring.
  
• Accountable for ensuring that policies and procedures (internal controls) are in place to provide reasonable assurance that the company assets are protected.
  
• Provides technical accounting GAAP guidance and support to all company entities. At times, this may include involvement in due diligence and other activities surrounding acquisitions/dispositions.
  
• Responsible for proper timing and application of revenue recognition rules. This currently entails a real-time review of each instrument order and its terms for changes needed and determination of proper timing of revenue recognition. Involves significant interaction with Sales and Customer Service groups.
  
• Ensures that company financial records, under responsibility, are maintained in compliance with company policies and US GAAP. Responsible for reviewing monthly account reconciliations and other documents to ensure this compliance.
  
• Ensures that company financial reports are prepared in compliance with policies and directives.
  
• Supervises the completion of Federal and State tax reporting requirements (including excise, property, sales and use, payroll and other local taxes), insurance reports and other reports required by government regulation. Also, assists outside CPA firm in dealing with tax related issues and meeting reporting requirements.
  
• Ensures that the computer system continues to operate as required. Involved in validating/designing suggested changes to ensure accounting requirements continue to be met.
  
• Coordinates work relating to both internal and external audits in the periodic review of the company financial records. Is further responsible for the implementation of agreed upon recommendations, related to areas of responsibility, resulting from the audit findings.
  
• Ensures that the accounting department is staffed with qualified financial personnel capable of meeting the objectives and responsibilities, noted above. Responsible for continued development of these associates.
  
• Will have direct management responsibility of the following: Accountants ,  Accounts Payable/Billing Clerical

KNOWLEDGE, SKILLS AND ABILITIES:

• Knowledge of finance, accounting, budgeting, and cost control principles including Generally Accepted Accounting Principles.
  
• Knowledge of automated financial and accounting reporting systems.
  
• Knowledge of federal and state financial regulations.
  
• Ability to analyze financial data, identifying variances from standards, interpreting their impact and communicating them to management in a succinct, timely and efficient manner.
  
• Working knowledge of short and long term budgeting and forecasting, rolling budgets, and product-line profitability analysis.
  
• Knowledge is normally acquired through a combination of the completion of a Masters Degree in Finance or Accounting, five to ten years of experience in senior-level finance or accounting position, and a CPA.
  
• Work requires professional written and verbal communication and interpersonal skills.
  
• Ability to motivate teams to produce quality materials within tight timeframes and simultaneously manage several projects.
  
• Ability to participate in and facilitate group meetings.
  
• Work requires willingness to work a flexible schedule.

Communication:

• Communicate weekly financial results to the executive staff every week at the executive meetings.
  
• Communicate daily to CEO on an as-needed basis.

General:

• Interpersonal Relationships.  Demonstrates the ability to cooperate, work and communicate with co-workers, Managers, subordinates and outside resources as required.
  
• Judgment.  Demonstrates good/proper judgment and decision making skills.
  
• Creativity.  Proposes ideas, finds new and better ways of doing things.
  
• Teamwork & Cooperation.  Works with other employees toward common goals and assumes additional duties when necessary.
  
• Attitude.  Help to create an overall positive atmosphere for all employees and customers.
  
• Reliability.  Ability to complete a task on time and follow up as necessary.
  
• Integrity.  Demonstrates high ethical standards and integrity.
  
• Appearance.  Clean and well-groomed.  Business dress is defined as appropriate for work.
  
• Punctuality.  Daily attendance is mandatory, which includes being on time and present unless otherwise approved in advance. Stay until designated leave time.
  
• Dedication.  Work extra hours when necessary to make sure the job is done right and complete.
  
• Other.  Perform all duties as assigned by manager/supervisor.

SUPERVISORY RESPONSIBILITES – Leverage strengths of the current Finance team members, help to clarify roles and responsibilities and develop and implement training programs in order to maximize and reach optimal individual and organizational goals. Provide leadership in strengthening internal communications with staff at all levels throughout the organization; create and promote a positive and supportive work environment.

QUALIFICATIONS - 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 - Bachelor's degree in accounting.  Preference will be given to candidates with the Certified Public Accountant or Certified Management Accountant designations.

PHYSICAL DEMANDS - the physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.  The individual must be able to lift boxes weighing 25-40 pounds and be able to stand/sit for most of an eight-hour shift.  Position requires frequent bending, twisting, reaching and squatting.

WORK ENVIRONMENT - the work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

OTHER SKILLS AND ABILITIES - Skills required include: excellent oral communication skills, excellent organizational skills, excellent delegating skills, self-starter, leadership skills, team player, and ability to handle several projects simultaneously with little supervision.  The individual needs to have the ability to make sound and reasonable decisions and judgments and the ability to plan time, and apply legal practices.