North America Accounting Manager
1 month ago
The Accounting Manager will be responsible for overseeing the day-to-day accounting operations, including Accounts Receivable (AR), Accounts Payable (AP), payroll, and operational treasury activities. This role ensures the accuracy and integrity of accounting information, maintains compliance with accounting principles and company policies, and supports the North America Controller in financial reporting and analysis.
Duties and Responsibilities:
- Accounts Receivable (AR):
- Oversee the AR function, ensuring timely and accurate collection appliances.
- Make collection calls in coordination with unit managers to ensure accounts remain current and invoices are paid according to terms.
- Oversee the resolution of complex billing and collection issues with customers.
- Coordinate with other departments, such as Sales, Customer Service, and Finance, to ensure alignment and effective communication regarding AR activities.
- Notify Business Unit Managers of significant AR issues, such as accounts aged past 60 days or major discrepancies.
- Monitor AR activities and workflows to ensure efficiency and compliance with company policies.
- Accounts Payable (AP):
- Manage the AP process, ensuring timely and accurate processing of invoices and payments.
- Review and approve payment runs, ensuring appropriate documentation and authorization.
- Supervise the AP team to ensure timely and accurate processing of invoices, expense reports, and payments.
- Prepare and review AP aging reports, providing insights and recommendations to senior management.
- Oversee the resolution of complex issues with vendors and employees related to invoices, payments, and expense reports.
- Assist in the development and execution of AP strategies to support the company's financial goals.
- Manage AP-related projects and initiatives as needed.
- Payroll:
- Supervise payroll processing to ensure accurate and timely payment of wages.
- Review and approve payroll files, ensuring staff monthly payroll is accurate.
- Ensure compliance with all relevant labor laws and payroll tax regulations.
- Ensure compliance with internal controls, accounting principles, and regulatory requirements in all payroll activities.
- Prepare and review payroll reports, providing insights and recommendations to senior management.
- Analyze payroll data to identify trends, potential issues, and opportunities for process improvements.
- Assist in the development and execution of payroll strategies to support the company's financial goals.
- Operational Treasury:
- Oversee daily cash management activities, including cash flow forecasting and monitoring.
- Ensure compliance with internal controls and policies related to cash handling.
- Compliance and Reporting:
- Oversee daily cash management activities, including cash flow forecasting and monitoring.
- Ensure compliance with internal controls and policies related to cash handling.
- Collaborate on Budgeting and Forecasting:
- Oversee daily cash management activities, including cash flow forecasting and monitoring.
- Ensure compliance with internal controls and policies related to cash handling.
- Team Management:
- Lead, mentor, and develop the accounting team, providing relevant training guidance and support.
- Conduct performance evaluations and identify training needs.
- Set performance goals and KPIs for the team, monitor progress towards these targets.
- Foster a positive and collaborative work environment.
- Process Improvement:
- Lead, mentor, and develop the accounting team, providing relevant training guidance and support.
- Conduct performance evaluations and identify training needs.
- Set performance goals and KPIs for the team, monitor progress towards these targets.
- Foster a positive and collaborative work environment.
Qualifications and Skills Required:
- Required Qualifications:
- Bachelor's degree in Accounting or Finance
- Master's degree (Accountancy or MBA) and/or CPA preferred
- Skills:
- Proven experience in accounting practices.
- Knowledge of Generally Accepted Accounting Principles (GAAP).
- Experienced with Microsoft Office programs, especially Microsoft Excel.
- Familiar with electronic accounting systems, preferably JD Edwards Enterprise One.
- Accuracy and attention to detail
- Problem-solving, conflict management and decision-making skills.
- Self-motivated, flexible, team player
- Tenacity and willingness to investigate and resolve discrepancies
- Excellent communication and interpersonal skills
Direct Reports:
- AP Specialist(s)
- AR Specialist(s)
- Payroll Specialist(s)
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