Senior Accounting Manager for Industrial Operations

1 week ago

Macon, Georgia, United States B&D Industrial Full time

Company Overview

B&D Industrial is a leading industrial company that embodies innovation and service excellence. Headquartered in Macon, GA, the company operates three specialized divisions: MRO+Automation Solutions, Gearing+Reliability Solutions, and Industrial Internet of Things (IIoT). These divisions offer a wide range of products and services, from maintenance, repair, and operations (MRO) to advanced automation technologies, precision gears, and reliability services across various industrial sectors.

The company's IIoT platforms, VibePro and OptiPro, play a crucial role in elevating operational efficiency, predictive maintenance, and facility optimization. The latest acquisition in 2024, American Gear, operating out of Michigan, showcases B&D Industrial's commitment to quality and American manufacturing excellence.

Salary:

$85,000 - $115,000 per year, depending on experience.

Job Description

Job Summary:

The Senior Accounting Manager will oversee the Accounts Payable, Credit Management, and General Accounting operations, ensuring the accuracy of daily and monthly accounting activities, including account reconciliations. This role includes leading a team, maintaining compliance, and driving process improvements to support financial performance and growth.

Key Responsibilities:

  • Accounts Payable Management:
    • Supervise the accounts payable team to ensure accurate and timely processing of invoices, payment requests, and expense reports.
    • Oversee vendor relationships, resolving any payment discrepancies and ensuring proper reconciliations.
    • Implement and maintain accounts payable policies and procedures in line with company standards and regulations.
    • Monitor key performance indicators (KPIs) for the accounts payable process and recommend process improvements.
  • Accounts Receivable Management:
    • Manage the credit and collections process, including the evaluation of customer creditworthiness, setting credit limits, and monitoring accounts receivable.
    • Develop and implement credit policies that minimize risk while supporting business growth.
    • Work closely with the sales and customer service teams to resolve credit and collection issues.
    • Regularly review aging reports, identify high-risk accounts, and take appropriate actions to mitigate credit risk.
  • General Accounting & Reconciliations:
    • Oversee daily accounting activities, ensuring accuracy in general ledger entries, accruals, and journal entries.
    • Manage month-end and year-end closing processes, ensuring all financial records are complete and accurate.
    • Reconcile bank accounts, balance sheets, and intercompany transactions, ensuring timely and accurate reporting.
    • Assist with monthly, quarterly and yearly reporting.
    • Ensure compliance with GAAP and internal controls and assist with audits and financial reviews.
    • Provide insights and recommendations based on financial data to improve cash flow, reduce risks, and support strategic decision-making.
  • Team Leadership & Development:
    • Lead, mentor, and develop the accounting team, fostering a culture of accountability, efficiency, and continuous improvement.
    • Conduct performance reviews and provide coaching for professional development.
  • Reporting & Analysis:
    • Prepare monthly, quarterly, and annual financial reports related to accounts payable, credit, and overall financial performance.
    • Provide insights and recommendations based on financial data to improve cash flow, reduce risks, and support strategic decision-making.

Qualifications:

  • Bachelor's degree in Accounting, Finance, or a related field preferred.
  • Minimum of 5 years of experience in accounting, with at least 3 years in a supervisory or management role.
  • Experience with accounts payable, credit, and collections management in an industrial or manufacturing setting.
  • Proficiency with ERP systems and accounting software.
  • Excellent analytical skills, attention to detail, and the ability to work under tight deadlines.
  • Strong leadership, communication, and interpersonal skills.

Preferred Skills:

  • Knowledge of industrial industry practices and regulatory requirements.
  • Experience with process improvement initiatives.
  • Strong problem-solving skills and the ability to make sound decisions in a fast-paced environment.

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