Accountant

Groupe Savencia•Brooklyn, NY

About The Position

The Accountant will be responsible for updating vendor and financial accounts databases, posting expenses into accounting software, processing payments, and monitoring AP aging balance and vendor statement reconciliation. This role also involves maintaining the purchase order processing system. Additionally, the Accountant will prepare payroll from semi-monthly spreadsheets and salary update information, enter and update payroll data into software, and transmit it to the payroll service. They will also maintain employee and benefits files (401K, health insurance, LTD...). The position requires performing general journal entries into P&L and balance sheet accounts, including accruals, prepaid expenses, depreciation and amortization, and adjustment entries. Monthly reconciliation of all bank accounts, researching and resolving bank-related issues, and preparing periodic financial statements for management using Magnitude are key duties. The Accountant will also complete tax forms, stay updated on regulatory guidance and internal policies, recommend workflow changes, and assist with audit preparations. A significant part of the role involves processing T&E monthly expenses, ensuring accuracy and compliance, processing payments, communicating deficiencies to employees, and serving as a point of contact for support and an upcoming T&E project ERP implementation.

Requirements

Bachelor's degree or equivalent in Accounting
Advanced knowledge of accounting and understanding of financial statements.
Proficient with Microsoft Office, MS Excel is necessary (Vlookup & SUMIFS)
Excellent organizational skills, and attention to detail
Ability to multi-task, and meet established deadlines
Ability to work in a fast-paced, team environment with minimal supervision.
Ability to maintain good working relationships with vendors and other employees.
3 years of accounting experience

Nice To Haves

knowledge of SAP and Unicorn a plus

Responsibilities

Update vendor and financial accounts’ database and post expenses into the accounting software.
Process payments and monitor AP aging balance and vendor statement reconciliation.
Maintain purchase order processing system.
Prepare payroll from semi-monthly spreadsheets and salary update information provided by managers.
Enter and update payroll data into software and transmit to payroll service on semi-monthly basis.
Maintain employee and benefits files (401K, health insurance, LTD…)
Perform general journal entries into P&L and balance sheet accounts which include, but are not limited to, accruals, prepaid expenses, depreciation and amortization, and adjustment entries.
Perform monthly reconciliation of all bank accounts.
Research and resolve various issues with bank such as cleared check differences, bank fee anomalies.
Prepare a variety of periodic financial statements required by the company’s management.
Report financial statements in Magnitude.
Complete tax forms.
Maintain up-to-date knowledge of regulatory guidance and internal policies and procedures and recommend changes to workflow, control and back-up documents, when appropriate.
Assist in preparing assigned schedules for annual and interim audits.
Perform T&E monthly expenses, check expenses for accuracy and compliance with the internal policies; process payments to employees; communicate with employees any deficiencies and be point of the contact for support and main contact in upcoming T&E project ERP implementation.