Accounting Supervisor

POWEREX, INC.•Youngwood, PA

About The Position

The Accounting Supervisor is responsible for overseeing the accounting operations of the company. This includes producing regular financial reports, maintaining an accurate system of accounting records, and establishing and monitoring controls. The objective is to enhance the accuracy of the company's financial reporting and ensure compliance with generally accepted accounting principles (GAAP) or international financial reporting standards (IFRS). Additionally, the supervisor ensures that inventory is accurately valued and that any potential risks are identified and managed.

Requirements

Bachelor’s Degree in Accounting, Finance or Equivalent required; Master’s Degree preferred
Minimum of 3 years’ experience in reporting, consolidation and financial analysis. Experience in manufacturing industry and/or inventory control a plus.
Accounting/GAAP knowledge
Advanced knowledge of Microsoft Office (emphasis on Excel)
Excellent Communication skills
Strong initiative and ability to manage multiple projects as well as strong follow through skills
Ability to complete projects timely and accurately
Must be detail oriented with strong organizational and analytical skills
Must be US Citizen or lawful permanent resident.

Nice To Haves

Experience in manufacturing industry and/or inventory control a plus.
Master’s Degree preferred

Responsibilities

Ensure compliance with GAAP standards and company policies and procedures.
Oversee accounting operations and subsidiary corporations.
Ensure timely payment of accounts payable and collection of accounts receivable.
Oversee all inventory accounts including trend analysis, monthly reconciliations and trends, conduct physical inventory audits and reconciliation and resolve discrepancies.
Review and update standard costs in the ERP.
Perform inventory price testing to ensure evaluations are correct.
Review inventory held at suppliers and perpetual inventory reports.
Ensure adequate reserves for obsolete and slow-moving parts.
Assist in preparing financial statements and managing the annual budget.
Provide financial analyses for capital investments and pricing decisions.
Coordinate with external auditors and comply with government reporting requirements.
Calculate and compare the full absorption ratio to the general ledger monthly.
Other duties as assigned
Provide financial analysis and assist with monthly and annual financial statements.
Issue financial and operating metrics and recommend benchmarks.
Reconcile inventory report monthly from ERP to GL
Ensure accounting policies related to inventory are followed.
Monitor and document daily cycle counts.
Assist with annual financial audits and physical inventory counts.
Supervisor to accounts receivable and accounts payable