Staff Accountant

Sumitomo Electric Group•St. Marys, PA

6d•Onsite

About The Position

Keystone Powdered Metal Company, a Sumitomo Electric Group company, is looking for a full-time Staff Accountant who will be working in our St. Marys, PA location. This person will report to the Accounting Manager.

Requirements

Bachelor degree in business administration, preferably with a concentration in accounting.
Knowledge of GAAP, especially in fixed assets.
Knowledge of Accounting Software and skilled in MS Office Suite, particularly Excel.

Responsibilities

Manage and oversee the accounting of fixed assets, ensuring accurate tracking, reporting, and compliance with accounting standards.
Maintain accurate records of all fixed assets.
Calculate and record depreciation for fixed assets in line with accounting standards and company policies.
Ensure proper capitalization of new assets and follow accounting policies regarding capitalizing versus expensing.
Record asset disposals, sales, and write-offs, ensuring appropriate gain or loss recognition.
Prepare asset register to assist in preparation of tax filings.
Track and manage the costs associated with CIP projects, maintaining accurate recording of expenditures, capitalizing costs when projects are completed and confirming costs are properly classified.
Calculate and post monthly recurring and miscellaneous journal entries.
Update and analyze account analyses to ensure accuracy and consistency.
Assist in the preparation of the annual budget.
Assist in annual preparation of NC property valuation used in assessing property tax due.
Maintain the accounting for tooling projects (X-Projects). This includes the recognition and deferral of tooling sales and expenses.
Assist in the planning, organizing and carrying out physical inventories of raw material, work in process, finished goods and selected supplies for all locations.
Prepare and analyze daily and weekly reports as assigned.