Accounting Specialist II

Colonial Group; Edina (MN); On-site; USD 60,000 - 85,000; Full time

Job summary

Colonial Group in Edina, MN is seeking an Accounting Specialist II responsible for accurate and efficient processing of accounting records, including accounts payable and receivable, and for mentoring and training accounting staff to improve processes.

You will review data integrity, prepare month-end accruals, assist in closing, manage checks, wires, and ACH payments, and collaborate with internal and external customers to ensure timely processing of payable and receivable accounts.

Qualifications

• Four or more years of accounting experience.
• Working knowledge of electronic receiving systems.
• Strong MS Office (Outlook, Excel, Word) skills.

Responsibilities

• Process invoices and data uploads into the financial system; resolve complex issues.
• Review and validate data for accuracy and integrity of financial reports.
• Prepare month-end accruals and reconcile to the general ledger.
• Assist in month-end closing processes.
• Prepare and process AP/AR checks, wire transfers, and ACH payments.
• Create and maintain spreadsheets accurately and timely.

Skills

Four+ years accounting experience

Electronic receiving systems

MS Office

Excel

ERP systems

Education

Associate's degree in business administration

Bachelor's degree in business administration

Tools

ERP systems

Job description

JOB SUMMARY

This position is responsible for ensuring accurate and efficient processing of accounting records. They perform a variety of complex accounting tasks related to the processing of accounts payable and receivable transactions. The accounting specialist II works closely with management to mentor and train accounting staff and work towards improving processes.

ESSENTIAL DUTIES & RESPONSIBILITIES

The following description of work to be performed by this individual is not intended to be all-inclusive. Rather, it focuses on the major tasks that must be accomplished. There are many necessary activities to satisfy any of the following performance guidelines.

• Process invoices through the use of the various receiving system exports and through data uploads into the financial system. Resolve complex issues using the various systems
• Review and validate data for accuracy and integrity of financial reports
• Prepare month-end accruals and reconcile accounts to the general ledger
• Assist in month-end closing process
• Prepare and process accounts payable or accounts receivable checks, wire transfers, ACH payments
• Create and maintain various spreadsheets in an accurate, timely and professional manner
• Assist in maintaining the accounts payable and receivable ERP systems
• Work with internal and external customers to ensure accurate and timely processing of payable or receivable accounts
• Participate on teams and cross-train in other accounting areas
• Mentoring and training accounting specialists

• Assist with audit fieldwork for both operational and financial audits

MINIMUM QUALIFICATIONS

Education

• Required: Associate's degree in business administration or the equivalent experience
• Desired: Bachelor's degree in business administration or the equivalent experience

Experience

• Four (4) or more years of prior accounting experience
• Working knowledge of electronic receiving systems

LFHI Competencies expected of all employees include: Action Oriented, Customer Focus, Instills Trust, Communicates Effectively, Ensure Accountability, and Values Differences

Other required Knowledge, Skills, and Abilities:

• Service-oriented individual with a positive and friendly demeanor

• Ability to respond to continually changing priorities and coordinate multiple projects

• Excellent attention to detail, accuracy and organization skills
• Strong business acumen
• Strong working knowledge of MS Office (Outlook, Excel, Word)
• Strong technical, analytical, problem-solving and organizational abilities

• Strong customer service, interpersonal, communication and problem-solving skills

• Ability to maintain confidentiality
• Ability to use sound judgment
• Proficient in data entry

• Ability to read, write, speak and comprehend English