Analyze many aspects of Sunsweet accounting, and contribute to internal management reporting. The Staff Accountant will support the Financial Accounting Manager and the Corporate Controller to ensure that all Sunsweet entities are compliant with all US GAAP and statutory financial regulations. Duties include, assessment and review of the operating cash flow, and solvency requirements of the company. Prepare benefit expense budget for all pay groups. Prepare hedge accounting entries each month for option contracts. Allocate benefit costs each month for all payroll groups. Review freight accruals and analyze freight expenses. Monthly preparation of SG&A analysis. Assist with the annual financial audit. Other duties as assigned.
General Ledger and Account Reconciliation:
Maintenance of General Ledger Accounts for Payroll, Foreign Currency Hedges and Foreign Currency Gain/Loss. Account Analysis and Reconciliation for Payroll, including payroll clearing accounts, ZBA bank accounts, outstanding check details, payroll payable accounts for tax, employee deductions and workers compensation insurance. Maintain foreign currency forwards and options schedules, prepare G/L transactions, post and analyze resulting gains/losses. Monitoring expense accounts on employee benefits and payroll costs. Back up for general ledger posting and maintenance.
Analyze brokerage expenses and accruals. Review sales activity to insure brokerage amounts are being properly calculated. Make adjustments as needed to provide for brokers that have retainer minimums and lower actual amounts. Coordinate with A/R to factor in deductions taken by customers. Communicate with brokers to provide information regarding their monthly payments.
P&L Items and Accrual Analysis:
Perform analysis of freight expenses in the P&L and review freight accruals. Analyze in-bound freight on Southern Hemisphere purchases. Prepare SG&A expense analyses as compared to both budget and prior year reporting. Prepare promotions accrual analysis, analyze associated P&L expenses, work with Sales and Marketing personnel to develop a greater understanding of the sales deduction category.
Other Accounting and Finance Duties:
Foreign currency hedge transaction preparation and posting. Audit preparation for both internal and external audits. Serve as back-up to the Cash Manager when absent for vacation or sick time by performing daily banking tasks, daily dashboard and G/L posting, maintenance and other items. Provide detail record copies and other requested items as needed by the auditors. Prepare deposits for Cafeteria as well as posting entries for sales tax, CRV and any other miscellaneous items required for these deposits.
Demonstrate commitment to continued personal and professional growth. Seek ways to provide value to others and the Company as whole. Exercise tact and discretion in interpersonal contacts, building strong working relationships. Respect confidentiality of privileged information.
Bachelor Degree in Accounting or equivalent accounting education and/or experience with an emphasis in inventory (cost) accounting and financial accounting.
Two years of public accounting plus one or more years of financial and cost accounting.
Experience with Microsoft Excel, Word and PowerPoint is required. Experience with SAP or other similar integrated ERP system is also required. Background in general ledger systems analysis and maintenance is needed. Financial reporting analysis and financial audit experience is required.