Description
Job Summary
This position reports directly to the Controller and provides assistance in the areas of financial reporting. The financial assistant participates in the financial month end procedures, including preparing journal entries, account reconciliations and maintaining the detailed fixed asset ledger.
Responsibilities and Duties
Financial
- Processing month end on Information System for Inventory and Work In Process modules.
- Maintaining a fixed asset ledger plus supporting documentation for existing fixed assets and new additions, outlining book value, accumulated depreciation and depreciation for the current year.
- Determining the monthly intercompany billing for manufactured goods transferred from the manufacturing facility to sales and distribution facility.
- Preparing monthly account reconciliations with necessary back-up various accounts.
- Preparing on a monthly basis a summarized Sales Report.
- Assisting in financial analysis during the year as needed.
- Assisting at year-end with additional account analysis.
- Data entry of Accounts Payable invoices.
Cost Accounting and Inventory
- Assisting in developing standard costs for all products, including verifying bills of material, costs of direct materials and labor and overhead allocation.
- Printing of Inventory Journals and Distribution Reports.
- Posting of Inventory adjustments as requested.