AMSTAN Accounting Coordinator

American Standard•Piscataway Township, NJ

8h•$45,000 - $55,000•Remote

About The Position

Every person on the planet dreams of a better home. And at LIXIL, we’re committed to making better homes a reality for everyone, everywhere. We make it happen with pioneering water and housing technology solutions. Home to world leading brands like INAX, American Standard, GROHE, TOSTEM and many more, we touch the lives of more than a billion people each day, transforming houses into homes. Our planet is the home we all share. So how we do business matters. Our inclusive and empowering culture, entrepreneurial spirit and commitment to having a positive impact on the planet are integral to our business strategy. LIXIL today is on a journey of transformation. The world around us is changing. Technological advances. Evolving needs. New demographics. Shifting expectations. These changes serve as opportunities for solutions to be discovered, and to unlock progress for all. We invite you to make this journey with us. It is as challenging as it is inspiring. Together we can shape the future of living. We’re a home for growth, for imagination, for creativity. A home for your talent and ambition. A home for everyone. Overview At Amstan a division of Lixil Americas we understand manufacturing and how to move it. As the logistics arm of Lixil Corporation, a global family of brands including American Standard, GROHE, INAX, Basco, Tostem, and more, we organize and manage our lanes and utilize the capacity of our key shipper-to-shipper relationships. In fact, in addition to managing all modes of Lixil’s North American outbound and inbound logistics, we also manage the logistics of a wide range of external partners, mainly in the manufacturing industry.

Requirements

Understand GL, Balance Sheet, Income Statement, Computer literate with working knowledge of Microsoft suite (Excel, Access and Word)
Proficient in Microsoft Excel – ability to create and maintain excel files with formulas and pivot tables: VLookup Preferred
Ability to lead and direct people.
High school diploma or its equivalent and at least 5 years of related experience

Nice To Haves

LTL experience preferred

Responsibilities

General Ledger Maintenance: Oversee the upkeep of the general ledger, ensuring all financial transactions are recorded accurately and in a timely manner.
Record financial transactions related to transportation and freight brokerage operations, such as fuel purchases, vehicle maintenance costs, driver salaries, sales commissions, carrier costs and toll expenses.
Reconcile bank statements with ledger entries to ensure accuracy in financial records.
Adjust journal entries for accruals and prepayments related to transportation services.
Analyze transportation cost trends and report any discrepancies or unusual activities.
Financial Reporting: Prepare various accounting statements and financial reports, providing critical data for management decision-making.
Record financial transactions related to transportation operations, such as fuel purchases, vehicle maintenance costs, driver salaries, and toll expenses.
Reconcile bank statements with ledger entries to ensure accuracy in financial records.
Adjust journal entries for accruals and prepayments related to transportation services.
Analyze transportation cost trends and report any discrepancies or unusual activities.
Accounts Payable/Receivable Functions: Manage accounts payable and receivable, ensuring timely processing of invoices and payments, and maintaining accurate records.
Process invoices from transportation vendors and service providers, ensuring timely payments.
Manage billing and collection for freight, charter, or passenger services provided by the transportation business.
Reconcile client accounts and resolve any discrepancies in payments or billing.
Monitor aging reports to ensure receivables are collected promptly and payables are managed effectively.
Budget Assistance: Assist in the preparation and monitoring of departmental budgets, helping to ensure financial discipline and cost management.
Assist in preparing the annual budget for transportation operations, including projections for fuel costs, vehicle maintenance, and staffing.
Monitor expenditure against the budget, identifying variances and suggesting corrective actions.
Participate in budget review meetings, providing financial insights specific to transportation costs and efficiencies.
Collaborate with department heads to forecast future financial needs for fleet expansion, upgrades, or other transportation initiatives.
Compliance and Best Practices: Ensure adherence to financial laws and regulations, and stay updated on best practices within the accounting field.
Ensure compliance with transportation industry regulations in financial reporting, including those related to freight billing, driver wages, and environmental impact.
Stay informed about changes in tax laws, fuel surcharge rates, and other financial regulations affecting transportation businesses.
Implement and uphold best practices in accounting specific to the transportation industry, such as cost allocation methods, asset tracking, and revenue recognition for multi-leg trips.
Conduct internal audits or coordinate with external auditors to ensure financial processes align with industry standards and legal requirements.