Posted Feb 28, 2024 531 views
Horizon Technologies is seeking to fill a position to assist our company with the following:
· Position: Senior Accountant
· Reporting to the Chief Financial Officer
· Experience: 3-5 years preferred in accrual accounting
Operational Details:
- Accounting Method: Accrual
- Fiscal Year End: May 31st
- Accounting System: QuickBooks Online Advanced
- Business Model: E-commerce only, no retail stores
- Inventory: Dropship model; no physical inventory held
- Sales Channels: Direct Sales team, Affiliates, Marketplaces (Amazon, Walmart, etc.)
- Parent Company: Restockit is held by a parent company, Acme Paper; financials report to the Acme finance team.
Tasks to Learn & Perform:
- Monthly Reconciliation
- Wells Fargo Bank Account
- Amazon - SEOM
- Cash/Checking/Money Orders SEOM
- PayPal Account
- Credit Card SEOM
- American Express Green DavidA
- TaxJar
- FedEx
- PriceManager
- Rebates
- Due To/From Account
- RSI Rewards
- Amortization Schedule
- Depreciation Schedule
- Amazon Clearing Account
- Credit Card Clearing Account
- ADP Payroll Provider
- Loans and Lines of Credit
Responsibilities:
- Review current processes and procedures to increase efficiency and scalability in the process.
- Carry out current accounting and close the process detailed below:
- Produce the current month's AR ending balance.
- Reconcile and complete Sales Tax Filings in TaxJar. Must be done no later than the 3rd business day of the current month.
- Record the current month's revenue
- Reconcile Wells Fargo (WF) bank account in QBO. Save pdf of WF statement & QuickBooks Online (QBO) Reconciliation pdf's in QBO each month.
- Record Order Manager (OM) Payments
- Reclass OM subsequent month approval payments & Reverse
- Enter EOM credit card activity after the statement date for Amex Corp CC. Look up transactions by logging in to the Amex website
- Clear out the Suspense account
- Reverse prior month vendor (COGS) accrual
- Reverse accrued expense entries from the prior month
- Reconcile Payroll Liabilities - Use the Wells Fargo bank spreadsheet and FSA disbursements report. Update UH invoice recon spreadsheet.
- Update the Commissions tab
- Reconcile Sales Tax Liability. Reclass AZ Marketplace Sales Tax for all states they collect and remit in. Update recon schedule in the "Sales Tax Liab" tab
- Reconcile Credit Card Clearing account with OM Transactions
- Record Paypal Fees (must be done before reconciling PayPal account)
- Reconcile PayPal Account with OM Transactions
- Reconcile customer checks, ACHs, wires, etc deposited in Wells Fargo with OM transactions recorded as "Check" under payment type.
- Reconcile Amazon Acct with OM trans
- Update Balance Sheet schedules with the current month's activity
- Email Joe Hofmann, for the current month's Essendant Rebate statement & Samantha Lewallen for SP Richards's Rebate statement
- Record Amortization and Depreciation. Add new projects and/or capitalize any labour as instructed by Alan and/or Rainer
- Record Prepaid expenses and update the schedule. Make sure we have invoices from PriceManager and Hawksearch
- Vendor Invoice Recon - All COGS Vendors
- Record Vendor Rebates - update rebate spreadsheet and recon schedule. Essendant and SP Richard's rebate statements should have been received already. If needed, follow up.
- Reminder to check on rebates - email for Clorox and GP numbers
- Reclass Sales Tax expense if needed to account for push-forward refunds
- Email Phil Jacobs to ask about the current month's intercompany activity
- Record Acme Interest & Reconcile Due to / From Acme
- Record Bad Debt expense and reserve
- Adjust Customer AR to Actual
- Calculate FedEx accrual and allocate by vendor (Acme, Cambro & Houston's)
- Reclass check run overnights from FedEx
- Record Deferred Revenue
- Accrue Vendor COGS
- Make any adjustments to revenue
- Accrue G
Job Details
Horizon Technologies
Horizon Technologies is an established IT services company having years of experience providing high-quality and cost-effective web development, IT Support and Surveillance solutions. Our expertise lie in Custom Web, mobile & Software Development, Surveillance (CCTV), Time Attendance and Access Control, IT consultancy & infrastructure, BPO & contact center work along with recruitment & IT Maintenance services. We are an one stop IT & office automation service provider where all your IT & business augmentation requirements are met under one umbrella of Horizon Technologies.
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