Junior Accountant

Description

The Junior Accountant will play a key role in supporting the financial operations, with a focus on accurate financial reporting and analysis. This position is responsible for maintaining general ledger integrity, preparing journal entries, assisting with month-end close, and supporting audits. The Junior Accountant will work closely with operations, and other cross-functional teams, the Junior Accountant ensures timely and accurate accounting activities, including account reconciliations, customer deductions and customer rebate programs.

Responsibilities include but are not limited to:

• Oversee the completion of ledger accounts and financial statements.
• Maintain the General Ledger and prepare Monthly & Weekly AJE (adjusting journal entry).
• Prepare account reconciliations including cash accounts.
• Reviews, entry, accounts payable, receivables, cash receipts, and reconcile the sub-ledgers.
• Investigate budget & variance issues and prepare monthly budget reports for each department.
• Coordinate business credit insurance and maintain Certificates of Insurance. 
• Report schedules to Auditors during audits of the organization. 
• Responsible for commission calculation and reporting. 
• Responsible for item costing updates. 
• Manage and facilitate incentives for various customer rebate programs.
• Develop, implement, and maintain tools and techniques for resolving chargebacks.
• Research and manage deductions (clear valid deductions and dispute invalid deductions). 
• Process and validate all rebates, analyze rebate variances, and accurately forecast rebate payments.
• Create rebate reports for customers and ensure all new changes/rebate rates are implemented.
• Calculate claims accurately and in a timely manner, preparing monthly accrual
• Record current and future rebate payments as well as provide rebate forecasts. 
• Responsible for customer contracts, ensuring up to date contracts are received and available.
• Work with IT to develop and implement rebates management module in D365. 
• Support the Controller with transaction processing, accounting, and month-end related tasks.
• Assist other Accounting/Finance Team members with closing processes, journal entries, reconciliations, reporting, and ad hoc projects.
• Ensure compliance with the financial procedures of the organization. 
• Offer suggestions about policies and procedures.
• Additional duties as assigned.

Requirements

· Bachelor’s degree in Accounting, Finance, or a related field.

· 2-3 years of accounting experience, preferably in a manufacturing environment

· Experience with ERP systems, Microsoft Dynamics 365 a plus

· Proficiency in Microsoft Excel (pivot tables, VLOOKUP, formulas).

· Familiarity with Power BI or other reporting tools is a plus.

· Financial Statement knowledge and understanding

· General ledger maintenance and account reconciliations.

· Accounts payable and receivable support.

· Journal entry preparation and posting.

· Fixed asset tracking and depreciation.

· Ability to analyze trends and prepare financial reports.

· Support for month-end and year-end closing processes.

· Accuracy in data entry, financial reports, and reconciliations.

· Ability to work cross-functionally with operations, procurement, and supply chain teams.

· Clear written and verbal communication skills.

· Ability to work independently and within a team environment

· Experience with reviewing customer contracts and handling customer rebates preferred

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