Job Description
Job DescriptionDescription:
Who we are
ESPEC North America (ENA) is partner in environmental and accelerated reliability test chambers and solutions with a long history and deep expertise in making the world a better place through better quality, higher reliability products.
Mission
We continually aim to grow and evolve by building mutually responsive, innovative partnerships with our customers, vendors, and strategic allies, and creating opportunities for our team members. Our cornerstone is to be the most reliable and accessible supplier of testing solutions.
Exciting news! We're looking for a Staff Accountant to join our Accounting Department.
Working Schedule: Full-time | 8:00AM - 5:00PM M-F
Summary
Assists the Accounting department by recording financial transactions, performing cost accounting activities, preparing financial reports and analysis, and ensuring the accuracy and integrity of financial records. Staff Accountant II has three primary areas of focus: general accounting, costing, and financial analysis. This role plays a crucial part in providing financial insights to ESPEC management and supporting informed decision-making.
Essential Duties and Responsibilities
General Accounting
· Compiles and analyzes financial information to prepare entries to accounts, such as general ledger accounts, documenting all business transactions.
· Ensures proper handling of financial transactions and approves transactions within designated limits.
· Prepares monthly account reconciliations for assigned general ledger accounts.
· Reviews, investigates, and corrects errors and inconsistencies in financial entries, documents, and reports.
· Makes recommendations regarding the accounting of reserves, assets, and expenditures.
· Ensures transactions to all external payroll functions are accurately accounted for in financial reports.
· Prepares monthly bank reconciliations, investigating and correcting any errors or inconsistencies.
· Collects appropriate data for federal, state, and local reports and tax returns, including Sales Taxes and Income Taxes.
· Generates reports for management and 3rd parties as requested.
· Assists with the company's yearly financial audit.
· Assists with 3rd party audits.
Costing
· Performs cost accounting activities to support accurate product, service and manufacturing cost information.
· Monitors and analyzes manufacturing and purchase price variances; investigates significant variances and summarizes findings for management.
· Supports inventory valuation, including analysis of inventory reserves and participation in physical inventories and cycle counts as needed.
· Prepares margin and cost analysis by product, product line, project, or customer to support pricing and profitability decisions.
· Works closely with the Cost Accountant, Controller, and Operations to ensure accurate costing and meaningful cost reporting.
Financial Analysis
· Prepares recurring and ad hoc financial analysis, including revenue, gross margin, and expense reporting by product line, business unit, or customer.
· Analyzes monthly financial results versus budget, forecast, and prior periods; identifies key variances and communicates findings and recommendations to management.
· Supports development and maintenance of the annual budget and monthly/periodic forecasts, including gathering assumptions, updating models, and consolidating departmental inputs.
· Develop and maintain financial models and schedules to support business initiatives such as pricing changes, cost reduction efforts, and capital investments.
· Assists in the development, tracking, and reporting of key performance indicators (KPIs) for ESPEC.
Other Responsibilities
· Provides backup support to Accounts Receivable and Accounts Payable only when absolutely necessary, such as coverage for vacations, leaves of absence, or peak workloads.
· Performs other general accounting tasks as required to support the department's overall accounting objectives.
· This is a hybrid role, allowing for both in-office and remote work arrangements.
Requirements:
Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability that may be necessary for this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education
· High school diploma or general education degree (GED) required.
· Bachelor’s degree required, emphasis in Accounting or Business preferred.
Skills and Experience
· Must have 2 -3 years of relevant experience and/or training, or an equivalent combination of education and experience.
· Ability to add, subtract, multiply, and divide required.
· Knowledge of internet browsing/research, Microsoft Office, and data entry required.
· Previous experience using an ERP system is preferred.
· Experience in NetSuite ERP system is preferred
Competencies
· Continuous Learning: Seeks feedback to improve performance; exhibits eagerness to learn new accounting standards, software, and best practices.
· Job Knowledge: Exhibits the ability to learn and apply new skills.
· Use of Technology: Uses technology to increase productivity.
· Problem Solving: Identifies and resolves problems in a timely manner; ability to identify, analyze, and resolve invoice discrepancies and other accounting issues.
· Communication: Exhibits excellent written and verbal communication skills for interacting with vendors, internal departments, and management.
· Organization & Time Management: Highly organized with strong time management skills to prioritize tasks and meet deadlines.
· Ethics & Integrity: Maintains the highest level of ethical conduct and confidentiality.
· Attention to Detail: Meticulous attention to detail and accuracy in all aspects of the role.
· Analytical Skills: Ability to analyze data, identify trends, and make informed decisions.
· Teamwork: Gives and welcomes feedback; works effectively as part of a team and contributes to a positive work environment.
· Quality: Demonstrates accuracy and thoroughness.
· Quantity: Meets productivity standards.
· Safety and Security: Observes safety and security procedures.
Language Skills
· Ability to read and comprehend multiple step instructions (in the English language), short correspondence, and memos.
· Ability to read, analyze, and interpret business financial statements, professional journals, technical procedures, or governmental regulations.
· Ability to write reports, and business correspondence.
· Ability to effectively present information and respond to questions from groups of managers, clients, customers, and the general public.
Physical Demands
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
· While performing the duties of this Job the employee is regularly required to stand; walk; use hands to finger, handle, or feel; reach with hands and arms and talk or hear.
· The employee must frequently lift and/or move up to 10 pounds.
Work Environment
The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
· While performing the duties of this Job, the employee is occasionally exposed to moving mechanical parts (while out in the shop).
· The noise level in the work environment is usually quiet.
Guiding Principles
To perform the job successfully, an individual will demonstrate the following Guiding Principles:
· Respect: Respect for people, cultures, and the environment.
· Improvement: Continuously improve work processes and seek innovation.
· Safety: Prioritize the safety of employees and customers.
· Effective: Complete work in the most cost-effective and efficient way.
· Innovative: Take on new challenges to provide cutting-edge optimal solutions for customers.
· Lawful: Adhere to laws in all locations where we work.
· Ownership: Take initiative, be accountable, and have a positive attitude.
· Urgency: Respond quickly and effectively to co-workers and customers.
· Delivery: Set clear expectations and delivers on promises.
· Open-Minded: Be curious, receptive to new ideas, and responsive to changing customer needs.