Staff Accountant I, Merchandise Accounting

Total Wine & More•SSC - MD, MD

9d•$16 - $34•Onsite

About The Position

Total Wine and More is seeking a Staff Accountant I, Merchandise Accounting to join their Merchandising Accounting Team in their Bethesda, MD Office. In this role, the individual will review invoices for accuracy and proper coding and enter them into an automated accounting system for payment processing. They will review vendor statements, resolve payment discrepancies, and respond to vendors inquiries. Additional responsibilities include collaborating with the Supply Chain team to process freight payments, ensuring accuracy, compliance, and timely execution. The role also involves completing month-end journal entries and submitting corresponding monthly reconciliations. The Staff Accountant I will report to the Manager of Merchandise Accounting.

Requirements

Must be 21 years of age or older
Must be able to sit for long periods of time
Bachelors degree or Associates Degree in Finance, Accounting or related field
Less than 1 year of accounting experience
Knowledge of basic accounting principles
Ability to multitask and meet deadlines
Proficient mathematical skills
Strong verbal and written communication skills
Ability to maintain confidentiality

Nice To Haves

Knowledge of Lawson/Infor or other automated A/P systems

Responsibilities

Analyze and reconcile accounts by reviewing open items, identifying discrepancies, and independently resolving issues (e.g., write-offs, reversals, adjustments)
Manage A/R account activity by maintaining ongoing dialogue with internal stakeholders and ensuring timely and accurate application of payments
Prepare and post journal entries related to A/R and A/P transactions in accordance with accounting standards and internal controls
Evaluate processes and transaction accuracy to ensure compliance, identify risks, and recommend improvements to workflows
Collaborate cross-functionally with business partners to resolve complex payment issues, clarify discrepancies, and improve operational efficiency
Review invoices for accuracy and proper coding and enter them into an automated accounting system for payment processing
Review vendor statements, resolve payment discrepancies, and respond to vendors inquiries
Collaborate with the Supply Chain team to process freight payments, ensuring accuracy, compliance, and timely execution
Complete month end journal entries and submit corresponding monthly reconciliations