The Junior Accountant will play a key role in supporting the financial operations, with a focus on accurate financial reporting and analysis. This position is responsible for maintaining general ledger integrity, preparing journal entries, assisting with month-end close, and supporting audits. The Junior Accountant will work closely with operations, and other cross-functional teams, the Junior Accountant ensures timely and accurate accounting activities, including account reconciliations, customer deductions and customer rebate programs.
Responsibilities include but are not limited to:
- Oversee the completion of ledger accounts and financial statements.
- Maintain the General Ledger and prepare Monthly & Weekly AJE (adjusting journal entry).
- Prepare account reconciliations including cash accounts.
- Reviews, entry, accounts payable, receivables, cash receipts, and reconcile the sub-ledgers.
- Investigate budget & variance issues and prepare monthly budget reports for each department.
- Coordinate business credit insurance and maintain Certificates of Insurance.
- Report schedules to Auditors during audits of the organization.
- Responsible for commission calculation and reporting.
- Responsible for item costing updates.
- Manage and facilitate incentives for various customer rebate programs.
- Develop, implement, and maintain tools and techniques for resolving chargebacks.
- Research and manage deductions (clear valid deductions and dispute invalid deductions).
- Process and validate all rebates, analyze rebate variances, and accurately forecast rebate payments.
- Create rebate reports for customers and ensure all new changes/rebate rates are implemented.
- Calculate claims accurately and in a timely manner, preparing monthly accrual
- Record current and future rebate payments as well as provide rebate forecasts.
- Responsible for customer contracts, ensuring up to date contracts are received and available.
- Work with IT to develop and implement rebates management module in D365.
- Support the Controller with transaction processing, accounting, and month-end related tasks.
- Assist other Accounting/Finance Team members with closing processes, journal entries, reconciliations, reporting, and ad hoc projects.
- Ensure compliance with the financial procedures of the organization.
- Offer suggestions about policies and procedures.
- Additional duties as assigned.
Requirements:
- Bachelor’s degree in Accounting, Finance, or a related field.
- 2-3 years of accounting experience, preferably in a manufacturing environment
- Experience with ERP systems, Microsoft Dynamics 365 a plus
- Proficiency in Microsoft Excel (pivot tables, VLOOKUP, formulas).
- Familiarity with Power BI or other reporting tools is a plus.
- Financial Statement knowledge and understanding
- General ledger maintenance and account reconciliations.
- Accounts payable and receivable support.
- Journal entry preparation and posting.
- Fixed asset tracking and depreciation.
- Ability to analyze trends and prepare financial reports.
- Support for month-end and year-end closing processes.
- Accuracy in data entry, financial reports, and reconciliations.
- Ability to work cross-functionally with operations, procurement, and supply chain teams.
- Clear written and verbal communication skills.
- Ability to work independently and within a team environment
- Experience with reviewing customer contracts and handling customer rebates preferred
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