Accounting Manager - Industrial Distributor

Duties and Responsibilities Financial Reporting

Prepare monthly, quarterly, and annual financial statements.

Ensure financial reports are accurate and completed on schedule.

Budgets, CMS, KPI’s, Sales Reports/Projections, etc

Analyze and explain variances to management.

Assist in preparing annual budgets, forecasts

Monitor budget performance.

Analyze departmental spending

Analysis by customer and product

Accounting Management

Oversee the general ledger/ chart of accounts. Journal entries.

Reconcile bank accounts and balance sheet accounts.

Ensure proper revenue and expense recognition.

Supervise A/R invoicing

Monitor customer aging reports.

Create and manage procedures for collections and delinquent accounts.

Establish and monitor customer credit limits.

Work with sales personnel on credit-related issues.

Vendor invoice processing and payment

Review vendor statements and resolve differences

Manage payment schedules, cash flow and vendor relationships.

Develop and maintain accounting policies. Recommend process improvements

Monitor day to day activities.

Identify and reduce financial risks.

Monitor daily cash balances.

Prepare cash flow forecasts.

Manage banking relationships

Produce weekly payroll and maintain records

Ensure payroll tax compliance.

Review employee benefits deductions.