Accounting Manager

Travers Tool Co. Inc.•New York, NY

14d•$110,000 - $140,000•Onsite

About The Position

The Accounting Manager is responsible for the accuracy, integrity, and timeliness of the company’s financial operations. This role leads the monthly close process, oversees accounts payable and accounts receivable performance, manages credit and collections activity, maintains general ledger structure, and supports budgeting and forecasting initiatives. Travers is a product distribution business with significant physical inventory across multiple locations. Experience in an inventory-intensive environment is highly valued—the right candidate will be comfortable with inventory costing methods, cost-of-goods-sold accounting, gross margin analysis, cycle count reconciliation, inventory reserves, and the interplay between purchasing, warehousing, and the general ledger. Strong process discipline, internal control awareness, and team leadership are critical. Financial accuracy directly impacts cash flow, vendor relationships, compliance, and executive visibility into company performance.

Requirements

Bachelor’s degree in Accounting or Finance
4–6+ years of progressive accounting experience, including hands-on ownership of the monthly close
Prior experience supervising or mentoring accounting staff
Solid working knowledge of general ledger accounting, reconciliations, accruals, prepaids, fixed assets, AP, and AR/credit operations
Proficiency with ERP/accounting systems and strong Excel skills
Understanding of internal controls and financial compliance principles
Strong organizational and communication skills; comfortable working with non-financial stakeholders
Must be able to work on-site five days per week at our College Point, Queens, NY headquarters (candidates in Queens, Nassau County, or nearby commuting areas preferred)

Nice To Haves

Experience in a product distribution, wholesale, or manufacturing environment with real physical inventory (inventory costing, COGS, cycle counts, gross margin analysis)
CPA or CMA designation (valued but not required)
Familiarity with Infor SX.e or similar mid-market ERP platforms
Experience with business intelligence tools (e.g., Phocas, Power BI)
Demonstrated process improvement track record

Responsibilities

Lead and manage the monthly and periodic close process, coordinating timelines and reviewing deliverables
Review and approve bank reconciliations and key balance sheet reconciliations
Oversee journal entries, accruals, prepaids, and fixed asset accounting
Ensure subledgers properly reconcile to the general ledger
Produce internal financial reports including cash reporting and management summaries
Maintain audit-ready financial records and documentation
Partner with operations and purchasing to ensure inventory is accurately valued in the general ledger
Oversee COGS accounting, landed cost allocation, and gross margin reporting
Support and reconcile cycle count programs; investigate and resolve inventory variances
Maintain inventory reserve calculations (slow-moving, obsolete, shrinkage)
Collaborate on standard cost updates and analyze cost-to-actual variances
Supervise Accounts Payable operations to ensure timely and accurate invoice processing
Monitor AP service levels and vendor payment timing to balance relationships and working capital goals
Ensure vendor terms are optimized, including early-pay discounts and rebate tracking
Resolve escalated vendor and internal AP issues; maintain strong internal controls within AP
Supervise the AR/cash posting clerk and credit & collections staff
Ensure accurate and timely cash application and customer account reconciliation
Oversee credit evaluation processes for new and existing customers
Monitor collections activity, aging trends, and DSO; escalate delinquent accounts as needed
Maintain bad debt reserves and write-off procedures in accordance with company policy
Partner with sales and customer service to resolve billing disputes and payment issues
Own and maintain the chart of accounts; ensure consistent and appropriate account usage across departments
Review coding trends, correct misclassifications, and maintain alignment between reporting needs and GL structure
Ensure data integrity within the ERP and accounting systems
Assist department leaders in preparing annual budgets and periodic forecasts
Conduct variance analysis using historical and trend data
Support ROI and cost-benefit analysis for business initiatives as needed
Maintain compliance with accounting policies and internal control standards
Identify control gaps, process risks, and inefficiencies; standardize and document procedures
Support audit and tax preparation processes
Supervise and develop AP, AR, credit & collections, and accounting staff; set clear expectations and provide regular feedback
Cross-train team members to reduce key-person dependency
Foster accountability, accuracy, and a service-oriented mindset within the finance team