Job Overview
The Accounting Manager is responsible for the generation of accurate and timely financial information, supports the Plant Manager (CMBE HV Philadelphia Site) and functions as a key member of the site leadership team, whilst also reporting to the CMBE Divisional Financial Controller, based in the UK.
The Accounting Manager heads up HV-CMBE’s Finance Department and is responsible for all the site accounting operations, costings, local management reporting and group financial reporting.
Duties and responsibilities
Regular tasks
Month-end Accounts Financial Closings: - Oversee accounts receivable and accounts payable closing processes. - Preparing and entering monthly journals. - Assess, complete, and report financial statements to Crown Corporate and CMBE UK. - Comparisons of budgets/forecasts to actuals (monthly, quarterly & annually) commentaries and bridges. - Creation and reporting of balance sheet reconciliations. Budget / Forecasts: - Preparing annual budgets and revised quarterly forecasts. - Monthly income projections and analysis of changes in forecasts. Management reports - Provide site management with reports such as OTIF Tracking, Backlog, Job Cost, Inventory Tracking, sales margins and help advance and improve the reporting process.
Accounts Payable & Accounts Receivable: - Manage the processing of accounts payable. - Approve accounts payable for processing. - Complete vendor requests for establishing credit. - Manage accounts receivable collections. - Monthly bank reconciliation. - Complete credit check for new customers. Fixed Assets:
- Prepare payback analysis for capital projects. - Enter Project Requests into the electronic approval system and track spending. - Maintain the fixed asset register. - Manage annual fixed asset inventory.
Other - Ad hoc projects and tasks as required. - If needed assist with processing the weekly hourly payroll. - Cover and assistance to other CMBE sites. - Providing input to strategic and financial decisions. - Managing and consulting with external and internal auditors.
Annual tasks - Prepare employees 401k profit sharing and incentive bonuses on an annual basis. - Managing annual physical inventory counts - Re-calculation of burden and salary rates
Essential Skills and Experience. - Five plus years of accounting with responsibility for producing full financial statements. - Experience of reporting to a parent entity and adherence to corporate standards. - Strong double entry skills. - Good understanding of US GAPP. - Ability to work under pressure and to tight deadlines. - Experience of working with ERP or MRP packages. - Excellent MS Excel skills and good IT acumen. - A working knowledge of cost accounting, accounts payable, accounts receivable, fixed assets and payroll. - Experience of internal controls.
Key Aptitudes - The natural desire to investigate and improve processes. - A logical mind with an inclination for problem solving. - Ability to consider an audience when articulating ideas or solutions. - Self-driven willingness to learn new skills and the discipline to work unsupervised.
Preferred:. - Experience of accounting in a manufacturing environment. - Professional Accountancy qualification or graduated with an Accountancy degree. - Experience of SOX Compliance.