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Senior Accounting Specialist

2 months ago

Lubbock, Texas, United States Lubbock Electric Full time
Job Overview

Salary: $60,000 - $65,000

Lubbock Electric Company, a well-established family-owned business, has been serving the community for 80 years. We emphasize professionalism among peers, prioritize customer satisfaction, and foster collaborative work environments. Our mission is to provide exceptional service to our clients through significant investment in our employees' expertise and resources.

We are in search of a diligent Staff Accountant to contribute to our financial team. This role will report directly to the Controller and requires a candidate with comprehensive experience in various facets of small business accounting, including but not limited to accounts payable, accounts receivable, bank reconciliations, and the monthly closing process. A relevant degree and prior work experience are essential. Candidates should possess a strong work ethic, integrity, reliability, and a positive attitude.

Key Responsibilities:

  • Conduct general cost accounting and related duties for the organization.
  • Prepare monthly financial statements, including balance sheets, income statements, and cash flow reports.
  • Maintain the general ledger and accurately post journal entries.
  • Code invoices, establish new accounts, reconcile accounts, and finalize monthly financial records.
  • Perform monthly bank reconciliations, verify deposits, and address bank inquiries.
  • Review customer accounts on credit hold and investigate discrepancies.
  • Collaborate with the sales department to collect overdue customer invoices and ensure correct application of incoming payments.
  • Manage customer records in the ERP system and conduct reference checks.
  • Verify and reconcile expense reports and other financial documents with account balances.
  • Facilitate vendor payments, including verifying federal ID numbers, reviewing purchase orders, and resolving discrepancies.
  • Assist external auditors by providing necessary account information and documentation for annual audits.
  • File tax forms with federal, state, and local government agencies.
  • Perform additional related duties as assigned.

Qualifications:

  • Bachelor's Degree in Accounting or a related field.
  • 2-5 years of relevant accounting experience.
  • Strong understanding of generally accepted accounting principles.
  • Ability to accurately prepare tax reports.
  • Demonstrated work ethic, integrity, reliability, and a friendly demeanor.
  • Proficiency in Microsoft Word, Excel, and Outlook.
  • Attention to detail and strong problem-solving abilities.
  • Excellent mathematical skills.
  • Strong computer skills.
  • Minimum typing speed of 35 words per minute (45+ WPM preferred).
  • Proficient 10-key typing skills for efficient data entry.
  • Experience with ERP/MRP systems or QuickBooks.
  • Exceptional oral and written communication skills.

Compensation: $60,000 - $65,000 annual salary based on experience, qualifications, and references.

Work Environment:

The Staff Accountant will be situated at a desk within the office environment. While Lubbock Electric Company operates a repair facility, it is uncommon for the Staff Accountant to be required to visit the repair shop.

Employee Benefits:

  • 8 paid holidays annually.
  • Up to 5 days of paid time off (PTO) during the first year.
  • 13 to 25 days of PTO based on tenure after the first year.
  • 401(k) retirement plan with company matching.
  • Health insurance options including HMO and PPO plans.
  • Company-paid premiums for health, dental, and vision insurance for employees.
  • Short-term and long-term disability insurance provided by the company.
  • $50,000 life insurance benefit at no cost to the employee.