Accountant III
Saint Louis, MI - USA
Job Summary
Work Schedule
Standard (Mon-Fri)Environmental Conditions
OfficeJob Description
- Manage month end close for areas of responsibility including but not limited to journal entries and balance sheet reconciliations. Review monthly results for reasonableness.
- Oversee accounts receivable activities including monitoring aging collections and cash application. Act as the St. Louis Operations subject matter expert for AR processes.
- Prepare and analyze contract assets and liabilities accounting driven by revenue recognition timing including accrued and deferred revenue calculations and journal entries.
- Prepare monthly balance sheet roll forward analysis for AR contract assets and contract liabilities and other corporate required financial reporting.
- Partner with business management to provide detailed reporting and analysis of contract balances and revenue-related impacts on financial position.
- Work with business management to understand and apply ASC 606 principles as they relate to customer contract terms and their impact on contract assets and liabilities.
- Drive Practical Process Improvement (PPI) initiatives to streamline AR and contract accounting processes improve cycle times and enhance data accuracy.
- Identify and implement process improvements and control enhancements to strengthen the control environment and increase operational efficiencies.
- Ensure compliance with internal controls SOX requirements and accounting policies; recommend and implement control improvements as needed.
- Assist with preparation of management level reporting related to AR and contract balances.
- Support internal and external audit activities related to revenue recognition and AR cycles.
- Assist in the preparation of the annual operating plan and monthly forecasts for AR and revenue-related accounts.
- Other projects and duties as assigned.
- Bachelors Degree in accounting and/or finance.
- MBA and/or CPA a plus
- Strong track record in accounting reporting and/or financial analysis
- Excellent verbal and written communication skills
- Experience with accounts receivable and revenue recognition accounting is helpful
- Understanding of contract assets and liabilities and the application of ASC 606 principles is helpful
- Experience in a manufacturing or contract services environment is a plus
- SAP and Hyperion experience is a plus
- Ability to react calmly to pressure and changing priorities
- Desire to advance ones career beyond current role
- Strong desktop application experience in Microsoft Excel PowerPoint and Word
- Strong attention to detail
- Ability to coordinate and prioritize results
- Demonstrated ability to identify process inefficiencies and implement continuous improvement initiatives
- Experience with PPI methodologies and control framework enhancements
- Established reputation for engaging with professional discretion and safeguarding confidential information
About Company
Electron microscopes reveal hidden wonders that are smaller than the human eye can see. They fire electrons and create images, magnifying micrometer and nanometer structures by up to ten million times, providing a spectacular level of detail, even allowing researchers to view single a ... View more