Staff Accountant II, Merchandise Accounting-1

Total Wine & More

4d•$62,640 - $88,005•Onsite

About The Position

Total Wine and More is seeking a Staff Accountant II, Merchandise Accounting to join our Merchandising Accounting Team in our Bethesda, MD Office. In this role, you will review invoices for accuracy and proper coding and enter them into an automated accounting system for payment processing. You 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. Complete month end journal entries and submit corresponding monthly reconciliations. You will report to the Manager of Merchandise Accounting. You will 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 Analyze and reconcile accounts by reviewing open items, identifying discrepancies, and independently resolving issues (e.g., write-offs, reversals, adjustments)

Requirements

Must be 21 years of age or older
Must be able to sit for long periods of time
5 days in office
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, is preferred

Responsibilities

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.
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
Analyze and reconcile accounts by reviewing open items, identifying discrepancies, and independently resolving issues (e.g., write-offs, reversals, adjustments)