Staff Accountant

Panasonic•Newark, NJ

About The Position

Every moment of every day, people all over the world turn to Panasonic to make their lives simpler, more enjoyable, more productive and more secure. Since our founding almost a century ago, we’ve been committed to improving peoples’ lives and making the world a better place–one customer, one business, one innovative leap at a time. Come join our journey!

Requirements

Applies advanced knowledge normally acquired by obtaining a Bachelors Degree in Accounting or concentration in Accounting required.
Generally has a minimum of 2 years cumulative accounting experience.
Experience analyzing and manipulating data exported from accounting or financial systems
revenue recognition, accruals, reserves, liabilities

Nice To Haves

Experience with SAP S/4HANA or similar ERP systems
Experience with Blue Yonder
Experience with Power BI reporting
Proficiency in Microsoft Excel, including PivotTables and VLOOKUPs

Responsibilities

Prepare journal entries
Process inter-company / divisional transactions
Verify validity of monthly allocations
Review and approve coding of operating expenses
Examine channel partner payment adjustments and post audit claims
Prepare accruals and other adjusting entries
Reconcile sub-ledger to general ledger account balances
Maintain accurate account and data reconciliation including supporting sub-ledgers, journals, and other financial documentation within a cost efficient operation.
Insures full compliance with MEI and PNA policies, internal controls, and Sarbanes-Oxley Act.
Insures protection of company assets in all areas through front line knowledge and experience
Conduct initial internal control evaluations
Investigate, resolve or report to the accounting manager any inconsistencies or improprieties.
Review and interpret accounting policies and procedures
Identify and research account discrepancies
Verify inter-company assessments
Define and post reclass entries as needed
Review general ledger accounts and correct journal entries
Perform accounting analysis, such as, but not limited to: Balance sheet accounts, Expense and salary accruals, Department expense analysis, Prepaid and insurance, Employee relocations, travel advances, etc.
Assist in performing monthly balance sheet, income statement and changes in financial position/budget variance analysis
Prepare cash flow forecast and other ad-hoc requests.
Prepare financial reports and related statements, charts, tables and other exhibits
Assist in budget / forecast preparation