finance: Senior Accountant—Cost Accounting
Posted: April 7, 2017
The Senior Cost Accountant is responsible for the accurate valuation of inventory, reconciliation of inter-company accounts, adjusting entries, analysis of balance sheet accounts and preparation of monthly management reporting (financial variation analysis and unit analytics).
Essential Duties and Responsibilities include:
- Review individual item standard costs and average sales price to ensure that inventory items are fairly stated (lower of cost or market) and that cost of goods sold accurately states current period costs.
- Analyze monthly sales and cost of goods sold and obtain explanations for major variances from budgeted levels. Provide management assessment of price, quantity, and unit cost or product mix variances and suggest adjustments to strategy.
- Manage the monthly closing of Bibles.com sales/inventory activity in Great Plains ensuring that revenues and costs of sales are properly recognized and booked in the appropriate period.
- Plan, prepare and supervise the annual physical inventory including: preparation of work assignments, file freeze, count instructions, count team composition, follow-up instructions, independent auditor coordination, variance/recount follow-up, final variance dollar termination, and ultimate release for shipping.
- Roll-forward physical inventory and freeze annual physical inventory values to year-end balances for to year-end independent audit and GAAP statement preparation.
- Prepare the calculation of provision for slow moving inventory through unit movement analysis and through average unit price determinations. Both year-end and fiscal quarter end.
- Analyze balance sheet accounts, including monthly accrual review and adjusting entries.
- Accrue monthly royalty income.
- Prepare journal entries as needed.
- Perform special projects and research as needed.
- Release sales orders on credit holds, petty cash, reflag report and non-inventory purchase order processing.
- Daily processing of sales orders, credit card sales, and back-orders.
Essential Skills/Traits: Minimum qualifications individual must possess
- Passion for the Bible cause and its ability to impact lives
- Fervent belief in the mission of the American Bible Society and its core values
- Thorough knowledge of accounting theory, concepts and practices applicable to accounting requirements of non-profit agencies
- Proficiency with MS Office (Excel, Word, Power-Point), Microsoft Great Plains
- Good customer relationship abilities including working cooperatively with team members, effective communication, critical listening, decision-making, and problem-solving skills
- Orientation to detail is able to handle multiple projects and tasks simultaneously, and possess strong organizational skills
- Ability to remain flexible and respond to changing priorities
Education & Experience:
- Bachelor’s degree in Accounting
- 5 years’ experience in Accounting
AMERICAN BIBLE SOCIETY’S MISSION:
Our mission is to make the Bible available to every person in a language and format each can understand and afford, so all people may experience its life-changing message.
AMERICAN BIBLE SOCIETY’S CORE VALUES:
We are looking for candidates who embody our core values of:
Value each other by serving, listening and reflecting God’s character.
Practice honesty, authenticity and transparency in word and action.
Embrace our diversity by aligning our collective strengths and unique gifts.
Honor God with our time, talents, partnerships and resources.
American Bible Society's Cultural Traits:
- SPIRITUAL VITALITY
- OUTCOMES ORIENTATION
- SERVANT LEADERSHIP