The Senior Accountant oversees the fiduciary function and is responsibility for maintaining confidential financial information for recording and reporting accounting statements. The incumbent is also responsible for administering the financial affairs of the organization, including the handling of funds, accounting and reporting procedures and long-range planning. The incumbent maintains current cash flow information and provides accounting services essential to the preparation, administration, supervision and control of the budget.
• Oversees the verification of accounts payable invoices to supporting documentation, pricing and input; processes AP payments via checks, electronic funds transfer or wire.
• Prepares, analyzes and distributes various financial and sales reports on daily, weekly, monthly, quarterly and yearly basis for both internal and external use, including Federal and State reports.
• Performs month end financial closing by preparing and entering journal entries, general ledger reconciliation, and year end closing with outside accounting firm.
• Maintains a cash account balance on a daily basis and monitors the organization’s online banking activity while balancing the checking account between all accounts.
• Secures and analyzes Insurance quotes for Medical, Commercial, Workers Comp, Automobile and Liability. Calculates cost to Employees for Insurance benefits. Serves as the point of contact for all Insurance correspondences.
• Prepares monthly and annual operating budgets by establishing schedules, collecting, analyzing and consolidating financial data.
• Tracks and balances costs associated with tooling starting with the down payment and tracking to completion. • Prepares and analyzes Flexible Spending, 401K and Employee Stock Ownership Program (ESOP) report.
• Serves as the ESOP record keeper and point of contact with Flexible Spending, 401K and ESOP Third Party Administrators (TPA).
• Other duties as assigned by the President.