FinanceCost Accountant

Overview: Northern California company, searching for individual to work remotely in Eastern North Carolina area. This position will be remote for about 6 months. On-site work will be required after initial 6-month period.

We are currently seeking a detail-oriented and experienced Finance Accountant to join our team. The ideal candidate will be responsible for managing financial transactions, preparing financial statements, and ensuring compliance with accounting principles.

Key Responsibilities:

Invoice Processing: Accurately process and code incoming invoices and expenses in compliance with company policies and procedures. Verify and match invoices with purchase orders and delivery receipts.

Vendor Communication: Collaborate with vendors to resolve invoice discrepancies, answer inquiries, and provide necessary documentation in a timely manner.

Payment Processing: Prepare and process vendor payments, ensuring accuracy and adherence to payment schedules. Reconcile vendor statements and maintain accurate payment records.

SAP Utilization: Leverage SAP software for entering, tracking, and reconciling accounts payable transactions. Maximize SAP functionalities to streamline processes and enhance efficiency.

Cost Accounting Expertise: Apply cost accounting principles to analyze expenses and ensure accurate allocation of costs to relevant departments or projects. Assist in developing cost control strategies.

Variance Analysis: Conduct periodic variance analysis to identify discrepancies between budgeted and actual expenses. Provide insights and recommendations to management for cost optimization.

Month-End Activities: Assist in month-end closing activities, including preparing accruals, reconciling accounts payable balances, and generating reports for management review.

Compliance: Ensure adherence to financial and internal controls, policies, and procedures. Assist with audits and compliance reporting as required.

Collaboration: Work closely with cross-functional teams, including procurement, finance, and other departments, to address and resolve accounts payable-related issues.

Continuous Improvement: Identify opportunities for process improvement within the accounts payable function. Recommend and implement solutions to enhance efficiency and accuracy.

Qualifications:

Bachelor's degree in finance, Accounting, or related field preferred.

Proven experience as an Accounts Payable Specialist with expertise in cost accounting.

Strong proficiency in SAP software is required.

Excellent organizational skills with a keen eye for detail.

Solid understanding of cost accounting principles and practices.

Strong problem-solving and analytical abilities.

Ability to work independently and collaboratively within a team environment.

Knowledge of generally accepted accounting principles (GAAP) and accounts payable best practices.

Preferred Qualifications: Experience working in a multinational or cross-cultural environment. Manufacturing Accounting is a plus. Bi-lingual - Mandarin speaking is a plus, but not required.