Position Overview
The Staff I Accountant within the Consolidations, Reporting & Corporate Accounting department is primarily responsible for recording and reconciling activity for our corporate holding entities, reporting financial data to the parent company in a timely and accurate fashion as well as analyzing global account balances and fluctuations. Specific tasks this position is responsible for include monthly tasks related to cash, loans and senior notes, preparing account reconciliations, reviewing intercompany balances, preparing P&L and Balance Sheet fluctuations, as well as performing an initial review of international market Balance Sheet fluctuations submissions. The Staff I Accountant additionally supports management by preparing an analysis of material fluctuations for select balance sheet accounts as well as aiding the company’s ongoing efforts to rationalize the global chart of accounts. This position requires a strong team player with strong analytical and problem-solving skills to identify and resolve issues impacting financing reporting as well as excellent verbal and written communication skills to effectively collaborate with various stakeholders.
Location: This is an in-person position, requiring attendance four days a week at our office in Whippany, NJ.
Key Accountabilities
Complete monthly responsibilities for the corporate holding entities, including:
- Recording bank account activity both at mid-month and during month-end.
- Recording intercompany and third-party loans and senior notes activity.
- Reviewing corporate entity intercompany balances to ensure reconciliation with global counterparts, including the recording of any necessary correcting entries.
- Preparing key and non-key account reconciliations in Blackline detailing the account makeup and the supporting schedules to justify balances, as well making necessary correcting entries for any reconciling items.
- Performing P&L and Balance Sheet variations for all material fluctuations.
- Submitting monthly financial reporting package for all holding entities to the parent company in a timely and accurate fashion.
Complete monthly responsibilities for consolidations and reporting, including:
- Monitor the month-end close progress of global markets via Blackline task certifications as well as partner with the international markets and IT to resolve unposted ledger batches at month-end.
- Assist and support the manager in the preparation of entries for all equity, dividend, and minority interest transactions.
- Assist the manager with month-end integrity checks related to discrepancies between various financial reporting systems.
- Perform an initial review of global Balance Sheet variations submissions from the international markets to verify completeness.
- Prepare an analysis of global Accounts Payable fluctuations on a quarterly basis, detailing the main drivers in partnership with the manager on a quarterly basis.
- Various administrative tasks for the department, including the creation of financial reporting packages, updating the monthly reporting calendar and submission files, generating month-end intercompany balance reports, acting as the team’s Blackline administrator, etc.
Assist management with special assignments, as requested.
- Support IT initiatives impacting the consolidations, reporting, and corporate account team, by executing testing procedures to ensure that new systems or system enhancements adequately allow for at minimum maintenance of current tasks and responsibilities as well as providing for improvement of any current issues impacting the team.
- Perform Chart of Account Rationalizations over select financial line items to ensure a harmonization of balances and financial activity at a market as well as global level.
Participate in identifying and executing the company’s business process improvement efforts.
- Explore and propose solutions for using automation to reduce manual efforts in current tasks and responsibilities.
Required Qualifications
- Bachelor's degree in Accounting.
- 1-2 years of experience required. Strong internship experience may be considered in lieu of full-time experience.
- Strong proficiency in Microsoft Excel, with the ability to create and manipulate spreadsheets and large datasets, utilize complex formulas, pivot tables, and data visualization.
- Demonstrated analytical, problem-solving, and critical thinking abilities with exceptional attention to detail.
- Excellent written and verbal communication skills.
- Proven ability to work collaboratively in a team environment and interact effectively with cross-functional and international teams.
- Highly organized, self-motivated, and able to manage multiple priorities and deadlines in a fast-paced, dynamic environment.
- Ability to maintain a flexible work schedule during monthly and year-end closing, priority projects and special assignments.
Preferred Qualifications
- A CPA or CPA candidate.
- Public Accounting Experience.
- Previous Corporate or Consolidations experience.
- Experience in JD Edwards E1, Hyperion Financial Management, and Power BI.
The hiring range for this position ranges from $63,000 - $80,000. The rate of pay offered will be dependent upon candidates' relevant skills and experience.