GENERAL ACCOUNTANT

AIDA-America; Dayton (OH); On-site; USD 60,000 - 65,000; Full time

Job summary

AIDA-America in Dayton, OH, is seeking a GENERAL ACCOUNTANT to support cost accounting for manufacturing projects and inventory valuation. This full-time role focuses on accurate estimation, project closings, and financial reporting in alignment with AE GARM rules.

The candidate will have a Bachelor's degree in Accounting, 5 years of manufacturing accounting experience, and strong knowledge of GAAP, MRP systems, and Excel.

Qualifications

• Five (5) years of general and manufacturing accounting experience preferred.
• Knowledge of Generally Accepted Accounting Principles (GAAP).
• In depth knowledge of MRP and integrated business systems is required.
• Three (3) years in-depth knowledge of spreadsheets, databases and word processing programs.
• Knowledge of foreign currency for inventory valuation and forward contracts.

Responsibilities

• Manages a database of manufacturing inventory for valuation purposes.
• Performs monthly project and service closings for Income Statement presentation including percentage of completion postings.
• Valuation of projects for Balance Sheet presentation.
• Manage month-end manufacturing inventory cutoffs, reconciliation and reporting.
• Apply AE GARM rules for inventory obsolescence to presses and inventory.
• Periodically review offsite inventory for compliance with control procedures.
• Oversee year-end inventory count and assist with annual audit of service parts.
• Monitor inventories, installation costs, distributor commissions and warranty activity; prepare monthly reserve analysis.
• Manage warranty costs to determine trends by plant and product type.
• Analyze product line margins and variance from budget; support data analysis with Manufacturing, Engineering, Production Control, and Purchasing.
• Collaborate with Sales Administration for project cost estimates and published pricing for quotes.
• Produce and publish monthly Backlog Forecast.
• Report significant forecast-to-actual variances for in-process and completed projects to management.
• Work with external auditors on project costing, inventory valuation, obsolescence, and revenue recognition.
• Forecast and analyze labor and overhead rates used in production.
• Track bookings versus budgeted forecasts for After Market Solutions; investigate variances with Project Manager.

Skills

GAAP knowledge

MRP systems

Advanced Excel

Education

Bachelor’s degree in Accounting

Tools

MRP systems

Excel

Databases

Word processing

Job description

If you are unable to complete this application due to a disability, contact this employer to ask for an accommodation or an alternative application process.

GENERAL ACCOUNTANT

Full Time Dayton, OH, US

Salary Range: $60,000.00 To $65,000.00 Annually

Cost Accountant:

SCOPE:

Ensures the accurate estimating and costing of projects and special orders provided by AIDA-America Corporation manufacturing and logistics. Responsible for the analysis, measurement, and reporting of various key elements of product costs. In addition, position serves in a support role for the tracking of manufacturing inventory movement and valuation.

EDUCATION:

Bachelor’s degree in Accounting.

EXPERIENCE/ REQUIREMENTS:

Five (5) years of general and manufacturing accounting experience preferred.

Knowledge of Generally Accepted Accounting Principles

In depth knowledge of MRP and integrated business systems is required.

Three (3) years in depth knowledge of spreadsheets, databases and word processing programs.

Knowledge of Foreign Currency (for inventory valuation purposes and for entering into forward contracts).

General knowledge of international business terms and international accounting standards.

JOB FUNCTIONS:

Manages a database of manufacturing inventory for the purpose of valuation,

Responsible for monthly project and service closings for Income Statement presentation in accordance with AE GARM, including monthly percentage of completion postings and calculations of in-process project order losses.

Responsible for valuation of projects for Balance Sheet presentation.

Manage month-end manufacturing inventory cutoffs, reconciliation and reporting.

Apply AE GARM rules for inventory obsolescence to presses, manufacturing semi-finished inventory, service parts, and used presses.

Periodically review offsite inventory to ensure compliance with inventory control procedures.

Responsible for year-end inventory count of manufacturing inventory and assisting with the yearly audit of service parts.

Monitor inventories, installation costs, distributor commission and warranty activity and prepare monthly reserve analysis.

Manage warranty costs for the purpose of determining trends in cost by manufacturing plant and product type.

Responsible for product line margin analysis and variance from budget reporting.

Work with Manufacturing, Engineering, Production Control, and Purchasing to support information and data analysis requirements.

Work with Sales Administration in determining project cost estimates and published list pricing for quoting and sales purposes.

Produce and publish monthly Backlog Forecast.

On a monthly basis, communicate to management all significant forecast-to-actual variances for projects that are in-process and projects completed in the prior month.

Work with external auditors in the areas of project costing, inventory valuation and obsolescence, project revenue recognition and related external reporting.

Forecast and analyze labor and overhead rates used in production.

Track actual bookings verse budgeted forecasts for the After Market Solutions department. Review variances for individual projects and investigate with the Project Manager.

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Quality Management System (QMS)

• Perform daily work in compliance with AAC’s QMS and actively participate in AAC’s objective to continuously improve AAC’s QMS.
• Work in a constructive manner to ensure department outputs satisfy downstream customers and work with upstream suppliers to solve problems.
• Use the Corrective Action/Preventive Action (CAPA) system to identify and capture customer complaints, internal complaints, audit findings, and rework costs, as defined in the CAPA process flow and work instructions.
• Establish a system that provides regular feedback from downstream customers regarding the department’s performance.
• Reject poor quality from upstream suppliers.
• Provide regular feedback to upstream suppliers in order to minimize rejections.
• Refer to Managerial Skill Map (AAC-F-ADM-31-A) for relevant skill set requirements.
• Understand and work to support achievement of corporate and departmental objectives.
• Know the AAC Corporate, Associate and Customer Vision and the AAC Quality Policy and conduct daily work in a manner that supports achievement of such.
• Work with supervisor to establish and meet individual training and development goals.
• Know and abide by all company policies.
• Act in an ethical and professional manner.

All of the above functions are essential for the position. Reasonable accommodations for disabilities (as defined in the Americans with Disabilities Act) will be made. All qualification/requirements listed indicate the minimum levels of knowledge, skills, experience and/or abilities deemed necessary to perform effectively. Quality is a critical factor of job performance. This position description is not to be construed as an exhaustive statement of accountabilities, duties, responsibilities of requirements. Any individual may be required to perform any other job-related activities or functions requested by his/her manager, subject to reasonable accommodation.