Lead Accountant

POSITION PURPOSE

The Lead Accountant helps lead the general accounting function through involvement in month-end closing activities, financial statement analysis, account reconciliations, SOX compliance, intercompany accounting, freight accounting, GRIR Maintenance and P-Card policy enforcement and ad hoc audits.

They will have a heavy focus and responsibility in the accounting side of the end-to-end PTP (Procure to Pay) process working closely with procurement, accounts payable and other finance team members to ensure proper accounting treatment, drive process improvements and perform in depth analysis of GL postings, variances, purchase orders, and GRIR.

They will work closely with the Americas Controller on maximizing efficiency in DPO, cash flow, banking processes and other areas of need.

The Lead Accountant will also be a key contributor in identifying and driving system improvements within SAP in coordination with IT and the business.

This position ensures the success of the overall general accounting function as well as procurement and AP and will be required to have a strong accounting background, advanced analytical skills, the ability to manage processes, experience with sales/use tax regulations, as well as a clear understanding and practical application of accounting principles.  A successful candidate should be able to manage multiple tasks and projects based on priority and business impact; communicate effectively and efficiently with internal and external parties including employees, suppliers, senior executives, and IT; direct the recording of transactions in accordance with generally accepted accounting principles and BAC policies; support the maintenance of adequate internal controls; and seek and address opportunities for process improvement, increased financial performance, and risk mitigation.

PRINCIPAL ACCOUNTABILITIES

 Perform standard month-end closing responsibilities such as journal entries, reconciliations, and financial statement reviews.


* Manage the freight accounting process including analysis and recording of freight reports from TMS system, clearing of inbound freight GL, outbound freight reporting and all associated month-end responsibilities.


* Intercompany – Record, reconcile and investigate intercompany transactions with foreign entities and JV’s.

Work with regional finance teams to resolve intercompany variances in a timely manner.

Assist with intercompany consolidation, eliminations and clearing processes.


* Perform monthly analysis of GRIR by suppliers, PO’s, material types/groups and GL account.


* Assist the AP team in supplier statement and activity reconciliations.


* Support the SOX and internal audit processes – includes reporting of SOX business controls updates, walkthroughs, testing & gap remediation.


* Identify and implement process improvements across various areas of finance along with other members of the finance team


* Ensure transactions follo...