Summary/Objective: The Staff Accountant is responsible for accurately and timely recording department expenses to determine business unit spending. The Staff Accountant also reconciles and analyzes financial statements and other financial reports to assess accuracy, completeness, and conformance to Generally Accepted Accounting Principles and assists in the department's daily operation.

 

Specific Responsibilities and Essential Functions:

· Assists with and prepares daily P&L forecasting.

· Manages the accurate reporting of Work in Process, Finished Goods, and other inventories.

· Reviews / maintains standard cost of inventory.

· Generates reports regularly.

· Analyzes and reconciles Work-In-Process, Finished Goods, and other inventory monthly; investigates discrepancies between AX Item Master inventory and the Physical inventory; prepares reconciliation reports for management review.

· Assists in planning and coordinating semi-annual physical inventory.

· Ensures proper recording of physical inventory to book balances and analyzes differences.

· Accountable to Controller for reporting of income and expenses and reconciliation of assigned balance sheet accounts.

· Prepares journal entries to classify department and business unit spending accurately.

· Manages the timely and accurate processing of general ledger month-end and year-end close.

· Performs general ledger account analysis and reconciliation.

· Demonstrates knowledge of assigned accounts to answer questions auditors may have during audit review.

· Performs other related duties as assigned.