Cash Management & Reconciliation Accountant

MFA Oil Company•Columbia, MO

1d•Onsite

About The Position

The Cash Management and Reconciliation Accountant is responsible for daily cash management analysis & reporting, including recommendation to either borrow or pay down working capital line of credit. This role must perform bank reconciliations in a timely manner and ensure timely and accurate funds management through paper-based or electronic-based systems. Requires the ability to make quick analysis of funds requirements and to facilitate accurate bank account reconciliation and reporting.

Requirements

Bachelor’s degree in accounting or related field
One year of applicable experience
Good, working knowledge of GAAP and automated accounting systems and processes
Experience with auditing internal controls and procedures
Experience with automated accounting systems and procedures
Excellent organizational, analytical, and communication and interpersonal skills with the ability to work collaboratively in a team
Ability to consistently operate a computer and other office productivity machinery including Microsoft Office products
Ability to learn new concepts and use technical materials
Ability to provide accurate and thorough work with attention to detail
Demonstrated ability to meet and manage multiple deadlines
Ability to work both independently and in a team environment
Knowledge of good workflow principles
Ability to meet company requirements including successful pre-employment drug screening and criminal background check
Ability to exchange accurate information with co-workers, Board members, and customers in English
Legal authorization to work in the United States of America

Nice To Haves

MBA or CPA
JD Edwards or other major ERP system experience
Ability to meet deadlines with a high degree of time management skills
Ability to grasp new concepts quickly and work at a fast pace
Ability to thrive in a fast paced, growing organization and rapidly changing environment.

Responsibilities

Monthly reconciliation of main MFA Oil Company and Subsidiaries’ expense and deposit bank accounts within multiple accounting systems
Analyze and reconcile monthly bank statements for all divisions of company operations
Research location transaction differences in the appropriate accounting system; communicate with internal departments and company locations on problems and their resolution
Document all bank transactions, including internal transfers, lender/bank receipts, bank service charges and interest
Daily review, distribution and notification of return checks or overdrawn bank accounts to appropriate departments. Immediate reconciliation of overdrawn bank accounts to identify and resolve the problem
Daily review of all bank accounts to prepare and communicate daily cash report. In addition, use of this information to determine when to move money from outlying bank accounts into our main consolidated bank accounts
Work with bulk and propane locations utilizing the remote deposit system including setting up new locations, users, training, managing of existing users, and troubleshooting for locations needing help on the process, scanner or system
Field and research banking questions from company locations, district managers and home office employees
Responsible for ordering deposit slips/stamps for all company locations
Prepare documentation for annual audits
Daily communicate balances to management for all short-term loans, and interface with the sources of those loans
Interface regularly with banks, service providers and vendors
Assist in preparation of departmental policy and procedure manuals and provide for compliance
Monitor all aspects of our working capital line of credit and recommend decisions on borrowing or repaying with goal of minimizing debt to the Company
Understand, manage and supervise all aspects of cash flow
All MFA Oil employees are expected to know and adhere to company and position specific policies and procedures. While this job description contains the primary duties of the position, employees may be expected to perform other duties as assigned.