Director of Accounting Job at Data Analysis Inc. in Plano

Job Summary

• In charge of financial reporting and financial controlling of the assigned business unit. Ensure accuracy of accounting information and compliance with FASB and relevant accounting standards.

Essential Job Duties

Job Duty

• Collaborate with the members of the financial team to ensure the accuracy and completeness of financial reporting for the assigned business unit
• Manage timely month-end close process of the assigned business unit, including review of recons and journal entries,         analyzing cost allocations and intercompany charges, reconciling balance sheet movements and P&L line items
• Perform financial consolidation of group-wide companies and by reporting segments
• Preparation of month-end review package, checklist, and reconciliations of accounts
• Ensure completeness of expense accruals. Review invoices and payment requests and ensure proper allocation of costs
•  Assist in working capital management by improving receivable confirmation/collection, credit controls and payment terms  
•  Maintain schedules of fixed assets and computer hardware and software systems. Ensure accurate measurement of asset costs and amortization. Perform periodic asset impairment analysis
• Accounting for project and software development costs.
• Oversee master files of vendors, customers, and contracts. Contract review and invoice review and monitoring contract compliance
• Monitor credit memos, discounts, and purchase orders against documentation support and proper authorization. Analyze P&L impact and take corrective actions
• Work with cost accountants to ensure effective implementation of standard costing and reporting of variances Ensure labor, raw material, and conversion costs are accurate.
•  Inventory management controls, including year-end and cycle count instructions, inventory adjustments, consumption and wastage reporting, standard cost update, aging and obsolescence, and inventory flow system.
• Prepare financial statements and footnotes in accordance with US GAAP requirements for external reporting
• Ensure compliance with COSO internal control framework and effective controls over reporting and transactions
• Compile reports for regulatory filings, and bank covenants
• Ensure compliance with sales/use tax and related filings
•  Assist in developing and implementing accounting policies and procedures
• Maintain chart of accounts, general ledgers and supporting schedule
• Manage deliverables for external audits
• Participate in special projects and initiatives as needed

Job Qualifications

Required Education, Experience, Certification/Licensure

• Minimum 12+ years of experience in accounting
• Big 4 accounting firm experience is required
• Bachelor’s degree or higher in Accounting, Finance or a related field
• CPA is required
• Experience in consolidation of multiple entities including foreign operations  
• Strong experience managing efficient month-end close process and preparing financial statements of a manufacturing business

 Knowledge, Skills and Abilities (KSAs)

• Excellent analytical skills with a thorough knowledge of accounting principles to analyze financial reports and forecasts
• In-depth understanding of U.S. Generally Accepted Accounting Principles (GAAP)
• Strong analytical and problem-solving skills
• Excellent communication and interpersonal skills
• Proficiency in Microsoft Excel and accounting software
• Ability to work independently and as part of a team
• Ability to prioritize and manage multiple tasks in a fast-paced environment
• Hands-on experience with accounting software packages such as MS Dynamics/Navision, EPICOR, or Netsuite
• Advanced MS Excel skills; ability to work with large amount of data
• Accuracy, attention to detail and sensitive to deadlines
• Aptitude for numbers and quantitative analysis

Other JOB requirements: Physical, Travel, Driving requirements

Office / Sedentary Requirements

Must be able to perform the essential job duties.  Work is performed primarily in an office environment. Hybrid work arrangement with at least 3 days a week in the office.