Accounting Manager

Position Overview:

The Accounting Manager is responsible for overseeing and managing the financial accounts and accounting functions for Crosstown Plumbing. This hands-on managerial role ensures the accuracy of financial reporting and manages the day-to-day accounting operations. The Accounting Manager will work closely with the accounting team and upper management to support the company's growth and operational goals.

Key Responsibilities:

• Lead and supervise the Accounting Department, including Financial, Accounts Payable and Credit & Collections teams.
• Oversee accounting functions and provide coverage when department employees are absent.
• Prepare and review monthly financial statements and reports to ensure accuracy and timeliness.
• Review account reconciliations and journal entries to ensure compliance with accounting standards.
• Manage employee payroll processing and ensure timely and accurate payments.
• Collaborate with the external CPA firm to coordinate year-end audits, tax provisions, and tax filings.
• Ensure compliance with sales tax regulations and ensure timely filing of related returns.
• Create, update, and maintain standard operating procedures (SOPs) for all key finance functions.
• Prepare and present financial metrics and reports to senior management, providing actionable insights.
• Ensure sufficient cash register coverage during all shifts to maintain accurate cash handling.
• Maintaining and negotiating the Insurance Program.
• Maintaining the Vehicles Registrations.
• Maintaining Banking Relationships.
• All personnel may be required to perform duties outside of their normal responsibilities from time to time as needed.

Inventory:

• Cycle Count: Oversee and coordinate regular cycle counts of physical inventory across all warehouse and storage locations to ensure inventory accuracy and integrity.
• Cycle Count on Books: Reconcile physical cycle count results against book inventory records in the ERP system; identify, investigate, and resolve discrepancies in a timely manner to maintain accurate financial records.
• Inventory Receivable: Manage and reconcile inventory receivable accounts, ensuring that all incoming inventory is properly recorded, matched to purchase orders, and accurately reflected in the general ledger upon receipt.
• 3-Way Model (Match): Implement and maintain a 3-way matching process (purchase order, receiving report, and vendor invoice) to validate inventory transactions, prevent unauthorized payments, and ensure accurate cost reporting.
• Month-End Inventory Close: Manage the month-end inventory close process, ensuring all inventory transactions are recorded, reconciled, and reported accurately within the financial close timeline.
• Inventory Valuation: Oversee inventory valuation methods (FIFO, LIFO, or weighted average cost) to ensure inventory is accurately stated on the balance sheet and compliant with applicable accounting standards.