We will have this person working dominantly with sales of our finished good models. We'll be looking at Actual Sales rate and quantity variances versus the forecast and business plan and we'll also be managing selling price changes. There will be some light accounting work, such as, journal entries. It's most important to emphasize there will be detail analysis as we are actively selling 1,000 or so finished good models at any given time. As it's impossible to handle "detail" oversight of 1,000 models, we handle this volume by looking at grouping of models to help guide us on what depth of analysis that we need to go to.
Overall skills that we are looking for are:
Advance analytical skills to explain Profit/Loss performance of actual results versus budgeted/forecasted results
Prior experience with accounting month end close activities related to Sales and Cost of Goods Sold
Prior accounting and/or finance experience in a manufacturing environment would be preferred.
Processing
Participates in the development of Company’s accounting policy mainly for the issues related to Company’s financial reporting.
Exercises professional judgment in making frequent, appropriate recommendations for
New types of reports, etc.
Revisions in the reporting system or subsidiary records
Changes in instructions regarding the use of accounts and new refined account classifications or definitions
Leads business process change teams for financial and operations flow improvements.
Prepares various account analyses as necessary for purposes.
Facilities forecasting; including cash, headcount, labor costs, research & development and other fixed costs (4 Month Rolling Forecast and Mid-Term Plan). Forecasting will also be used by Cost Accounting to generate Customer P/L’s by Product.
Yearly budgeting process for the accumulation of fixed costs associated with Company’s report.
Prepares monthly journal entries as required.
Guarantees timely and accurate completion of financial reports/statements to meet established month-end and year-end deadlines.
Guarantees timely completion of patent and technical assistance fee reports and payments as required.
Review
Makes appropriate day-to-day decisions concerning the accounting treatment of financial transactions for purposes.
Reviews financial reports and statements for accuracy and be prepared to answer questions as requested.
Reviews accounting reports and internal audit packages requested by New Jersey and Japan for completeness and accuracy.
Reviews forecasting / budgeting information for accuracy and reasonableness.
Analysis and Reporting
Interprets the meaning of financial reports and statements.
Analyzes actual fixed cost and other variable cost against Business Plan and Forecast and communicating the results to corresponding departments.
Conducts special accounting studies and reports for top management, providing explanations of major variances, especially in terms of fixed cost and other variable cost against Business
Plan and Forecast
Assists in monthly Financial Meeting as requested.
Interprets and complies with Company policies, procedures, and regulations.
Prepares reports, charts, graphs, and other statistical information.
Will initiate, recommend, or provide solutions through designated channels.
Performs other related duties as assigned.
Overall skills that we are looking for are:
Advance analytical skills to explain Profit/Loss performance of actual results versus budgeted/forecasted results
Prior experience with accounting month end close activities related to Sales and Cost of Goods Sold
Prior accounting and/or finance experience in a manufacturing environment would be preferred.
Processing
Participates in the development of Company’s accounting policy mainly for the issues related to Company’s financial reporting.
Exercises professional judgment in making frequent, appropriate recommendations for
New types of reports, etc.
Revisions in the reporting system or subsidiary records
Changes in instructions regarding the use of accounts and new refined account classifications or definitions
Leads business process change teams for financial and operations flow improvements.
Prepares various account analyses as necessary for purposes.
Facilities forecasting; including cash, headcount, labor costs, research & development and other fixed costs (4 Month Rolling Forecast and Mid-Term Plan). Forecasting will also be used by Cost Accounting to generate Customer P/L’s by Product.
Yearly budgeting process for the accumulation of fixed costs associated with Company’s report.
Prepares monthly journal entries as required.
Guarantees timely and accurate completion of financial reports/statements to meet established month-end and year-end deadlines.
Guarantees timely completion of patent and technical assistance fee reports and payments as required.
Review
Makes appropriate day-to-day decisions concerning the accounting treatment of financial transactions for purposes.
Reviews financial reports and statements for accuracy and be prepared to answer questions as requested.
Reviews accounting reports and internal audit packages requested by New Jersey and Japan for completeness and accuracy.
Reviews forecasting / budgeting information for accuracy and reasonableness.
Analysis and Reporting
Interprets the meaning of financial reports and statements.
Analyzes actual fixed cost and other variable cost against Business Plan and Forecast and communicating the results to corresponding departments.
Conducts special accounting studies and reports for top management, providing explanations of major variances, especially in terms of fixed cost and other variable cost against Business
Plan and Forecast
Assists in monthly Financial Meeting as requested.
Interprets and complies with Company policies, procedures, and regulations.
Prepares reports, charts, graphs, and other statistical information.
Will initiate, recommend, or provide solutions through designated channels.
Performs other related duties as assigned.