Accountant III

Overview:

Who We Are:

Ever wonder who brings the entertainment to your flights? Panasonic Avionics Corporation is #1 in the industry for delivering inflight products such as movies, games, WiFi, and now Bluetooth headphone connectivity

How exciting would it be to be a part of the innovation that goes into creating technology that delights millions of people in an industry that's here to stay With our company's history spanning over 40 years, you will have stability, career growth opportunities, and will work with the brightest minds in the industry. And we are committed to a diverse and inclusive culture that will help our organization thrive We seek diversity in many areas such as background, culture, gender, ways of thinking, skills and more. If you want to learn more about us visit us at and for a full listing of open job opportunities go to

Responsibilities:

The Position:

The Accountant III is a multifaceted role that combines technical expertise with a commitment to process improvement. It plays a vital role in ensuring accurate financial reporting and fostering a culture of continuous improvement within the accounting team.

Technical Accounting Guidance: Accountant III is expected to provide technical accounting guidance to the other accountants and make decisions in accordance with accounting standards like JSOX, GAAP, and IFRS. Accountant III can independently research technical accounting topics he/she is not familiar with. Providing guidance in these areas is crucial to ensure compliance and accuracy in financial reporting.

Process Improvement: The team is committed to continuous improvement. Accountant III will be involved in identifying and implementing best practices to enhance efficiency and effectiveness in accounting processes. Accountant III is responsible to lead and oversee the initiative progress and provide guidance to the various stakeholders.

Journal Entries and Reconciliations: Accountant III will be responsible for preparing and reviewing journal entries and reconciliations. This is fundamental to maintaining accurate financial records.

Financial Reporting: This includes domestic and international Financial Reporting. Accountant III will assist maintaining the accounting records of our international subsidiaries / branches, including compiling their financial statements.

Accountant III will also need to work with auditors in these foreign locations.

Technical Accounting

• Perform technical accounting tasks and collaborate with the Senior Manager to draft detailed accounting memos as needed, covering a broad range of topics such as impairment, leases, software, etc.
• Monitor new GAAP/IFRS releases and assist in the implementation of new required accounting standards if necessary.
• Regularly collaborate with team members to identify, research, and resolve accounting-related questions and non-routine matters.
• Assist with special projects, including regulatory and other ad hoc assignments.

Journal Entries and Reconciliation

• Prepare journal entries with detailed support in accordance with GAAP and IFRS.
• Manage our leases in the CoStar database tool.
• While preparing reconciliations, review account balances critically to assess their validity and ensure correct accounting treatment.

Controls and Audit Support

• Understand company policies and internal controls and ensure their consistent application.
• Provide support for both internal and external audit requests.
• Assist in remediation efforts related to audit findings.
• Analyze and review risk factors to ensure effective controls are in place to mitigate any weaknesses.

International Subsidiary / Branch Accounting and Financial Reporting

• Maintain the accounting for our International subsidiaries and branches, additionally compile financial statements from the accounting records.
• Liaise with local auditors to complete the audits of financial statements.

Month-end Close Process

• Assist in general ledger closing activities, including the Oracle close process.
• Prepare journal entries prior to the close to ensure compliance with GAAP, IFRS, and company policies.

The salary range of $76,000 – $127,000 is just one component of Panasonic's total package. The final offer amount may vary based on factors including but not limited to individual's knowledge, skills, experience, and location. In addition, this role may be eligible for discretionary bonuses and incentives.

Qualifications:

What we're looking for:

• Bachelor's degree in accounting or finance.
• 5-8 years accounting experience.
• Certified Public Accountant (CPA) preferred.
• Big 4 experience preferred.
• Oracle experience preferred.
• Ability to apply professional guidance, such as GAAP and IFRS, and adhere to company policies and procedures to resolve various issues.
• Possess an analytical mindset and the ability to identify areas of improvement and proactively resolve issues.
• Strong proficiency in Microsoft Excel (including pivot tables), Word, and the use of ERP system.
• Ability to work effectively in a fast-paced environment, adapt to changing priorities, and collaborate as a team player.
• Strong problem-solving skills, attention to detail, and a positive attitude towards interacting with colleagues at all levels.
• Able to work independently and effectively communicate with all finance and accounting staff and other stakeholders.
• Ability to travel up to 10% of the time to domestic and international locations.

Our Principles:

Contribution to Society | Fairness & Honesty | Cooperation & Team Spirit | Untiring Effort for Improvement | Courtesy & Humility | Adaptability | Gratitude

What We Offer:

• At Panasonic Avionics Corporation we realize the most important aspects in leading our industry are the bright minds behind everything we do. We are proud to offer our employees a highly competitive, comprehensive and flexible benefits program.
• Paid time off: Exempt Salaried employees receive flexible paid time off. This means that there is no fixed number, range, or limit to the amount of Personal and Vacation Days that may be taken for exempt employees. Non-exempt hourly employees accrue 14 vacation days per year + 7 sick days + 3 personal days. Accrual rate increases with tenure. All employees receive 11 company paid holidays per year. We also close our offices at the corporate level in the U.S. between Christmas and New Year. For operational positions that are expected to work on holidays, we provide additional compensation for hours worked.
• Health Insurance: Medical insurance offerings from Aetna and Kaiser (CA &HI). Options for Employee Only, Employee + Spouse/Domestic Partner, Employee + Children, or Family. Dental PPO and DMO options & Vision insurance through EyeMed or VSP.
• 401K with 50% match on up to 8% contribution, full vested from day 1.
• Washington residents only are eligible for: Washington's Family and Medical Leave program and Washington's Paid Sick Leave program.
• Other offerings include: Wellness Program, Counseling services, FSA & HSA, Life Insurance for employee, spouse and child, AD&D Insurance, Long-term and Short-term disability, Critical Illness Insurance, Accident Insurance, Legal Assistance, Pet Insurance, Identity Theft Protection, Dependent Care FLSA, Education Assistance, Commuter Program, Employee Purchase Program, Service Award Program.

All applicants are subject to Company policies, third party customer and worksite requirements, and government requirements, regarding vaccination and/or testing for COVID-19. Where permitted by applicable law, applicants may be required to be fully vaccinated with an authorized COVID-19 vaccine as a condition of employment, unless they are eligible for and obtain an exemption based on a reasonable accommodation because of a disability or a sincerely held religious belief, practice, or observance. While the Company strongly encourages COVID-19 vaccinations, it may require vaccination and/or testing for positions in which third party customer, worksite, or government requirements apply, in accordance with applicable law. At those locations where requirements apply, exemptions will be considered based on applicable law.

Panasonic is proud to be an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability status, protected veteran status, and any other characteristic protected by law or company policy. All qualified individuals are required to perform the essential functions of the job with or without reasonable accommodation. Pre-employment drug testing is required for safety sensitive positions or as may otherwise be required by contract or law. Due to the high volume of responses, we will only be able to respond to candidates of interest. All candidates must have valid authorization to work in the U.S. Thank you for your interest in Panasonic Avionics Corporate.