Accounting Manager

1 week ago


Hyderabad, Telangana, India Northern Tool + Equipment Full time

Are you an individual who wants to play a game changing role and make an impact in a fast-growing organization? We at Northern are waiting for you.

Join us and unleash your potential

We are hiring Accounting Manager

Join the core group of founding members at the NTE India to build an organization from the ground up.

PRIMARY OBJECTIVE OF POSITION:


To develop and lead a high performing Accounting and Finance operations team of Accountants (Analyst I – Leads) through daily, monthly, and annual responsibilities ensuring financial accuracy is maintained in compliance with US GAAP.

To develop and implement policies, procedures, systems, and best practices to improve effective financial accounting, reporting, and overall operational efficiencies for the purpose of maintaining accurate financial information and safeguarding company assets.

To analyze the company's current policies and procedures and identify any deficiencies and inefficiencies, making correctional recommendations and overseeing their implementation.


MAJOR AREAS OF ACCOUNTABILITY:


Delivers high quality support for accounting and finance business processes to meet the strategic growth objectives in a flexible, collaborative, and rapidly changing environment.

Build strong and highly functional partnerships across the finance organization including with the Finance Systems Solutions teams, Finance Shared Service teams, Financial Planning & Analysis, and Financial Accounting & Reporting teams located in India and the U.

S.
Manages month end close activities ensuring team meets established timelines published in the monthly close calendar.

This will include general journal entry review and approval, account activity and balance review for accuracy of financial data and validity of journal entries prior to posting.

Investigates unusual account activity or balances prior to the final reporting of month end results.
Lead and mentor a high performing team.
Communicate financial escalations in a timely manner to the Assistant Controller.

Manages Sales, Settlement and Cash/Payment reconciliation, including sales from Retail, e Commerce and third-party selling programs, including but not limited to Amazon, e Bay and Walmart Marketplaces.

Directs the maintenance of the related general ledger accounts and reconciliations.
Reviews reconciliations and ensures accuracy of general ledger accounts.
Ensures procedures and documented and followed.
Partners with Business Partners on process improvement and enhancements.
Manages accounting activities related to inventory.

Directs the maintenance of the general ledger inventory accounts and ensures the distribution centers and store inventories are in sync with the general ledger.

Researches the cause of discrepancies and ensures corrective action is taken to resolve system and repetitive issues.
Manages accounting activities related to Physical Inventory process and reporting.
Ensure the Physical Inventory schedule prepared by Retail is communicated to team to meet time sensitive two-day reporting.
Partners with Retail Store Managers on discrepancies and questions.

Presents reporting analysis to management and internal partners to assist in understanding operational trends in these areas, identify changes that may impact financial statements, and investigate variances for resolution.

Establish controls around process documentation expectations for the accounting team and oversee the assignment of responsibilities, establishment and cross-training of backups and periodic review and update of process documentation.

Monitors and enhances current reporting deliverables and creates new reporting to increase effectiveness of business decisions and continue to add value to the organization through visualization and accelerate ability to absorb the data by end users.

Prepares external audit, bank and compliance requests related to Northern Tool + Equipment.

Supervises and manages employees, establishes performance requirements, clarifies responsibilities of those supervised, conducts performance appraisals and plans for individual employee development.

Keeps supervisor of important developments, potential problems and related information necessary for effective management.
Coordinates and communicates plans and activities with others, as appropriate to ensure a coordinated work effort and team approach.
Performs related work as apparent or assigned.

QUALIFICATIONS:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily.
The requirements listed below are representative of the knowledge, skill and/or ability required.
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Bachelor's degree in accounting or finance is required.
MBA a plus.
At least 8 years of related experience is required including experience with computerized Enterprise Resource Planning (ERP) systems.
Microsoft Dynamics 365 experience is preferred.
JDE/AS400 is a plus.
5+ years' experience of previous supervisory experience

Broad exposure to all fundamental financial and accounting disciplines including general accounting in accordance with Generally Accepted Accounting Principles (GAAP), substantive account reconciliations, financial statements and financial software including Excel, Word, Powerpoint required.

Broad exposure to other financial software including Access, BI Reporting Tools, Point of Sale systems, Reconciliation Tools (i.e.
Trin Tech Cadency, Reconnect or Blackline) ERP and warehouse management systems preferred.
Ability to define, drive and communicate strategy and vision of finance initiatives and goals.

Ability to execute at scale in a dynamic environment, build strong relationships and promote collaboration, identify talent, recruit, hire, coach, mentor and build high performing teams; experience setting direction, tracking progress, and ensuring accountability.

Great verbal and written communication skills

About the Company


Northern Tool + Equipment is a retailer and manufacturer that specializes in offering superior quality tools at great prices, along with the knowledge and support needed to help customers get the job done right.

They've been in business for over 40 years, recently reaching revenues over $1.5 billion.

The company not only supplies over 100,000 tools from the top brands in the industry but also designs, manufactures, and tests an extensive lineup of premium private label products that customers can't get anywhere else.

Northern Tool's far-reaching customer base includes handy men and women, weekend hobbyists, serious do-it-yourselfers, full-fledged contractors, trade professionals, and more.

The company's products can be found in over 140 retail stores in the USA, on its comprehensive international website, and via numerous catalogs throughout the year.

Recently Northern Tool has expanded operations to offices in India to serve its global distribution better.

We are recently named as one of the Top Workplaces for Mid Size Employers by Forbes in the US.

We have also been recognized as the "Top GCC to work for in AI and analytics" and our India HR team as the "Top HR Professionals in AI and Analytics" by 3 AI which is a professional firm associated with analytics within India.

About NTE India

Northern Tool is making a significant investment in business transformation.
We are committed to providing our customers with an exceptional experience.

The team in India will enable Northern Tool to expand its internal capabilities in Finance, Merchandising, Product Engineers, Manufacturing Ops, Marketing, Contact Center, and Information Technology.

Why Northern?

True Northern:
We know that our strength is our people.
The distinct abilities they bring into the system are the key to our success.

We seek talented people who wish to share their initiative, ideas, and expertise; we develop and support our teams, and we put them in a position to succeed.

We know our customer; we provide value, and we act with integrity.
We are True Northern.

Build Lasting Relationships:

At Northern Tool + Equipment, we're far more interested in building relationships than we are in simply making transactions.

Our purpose is building a long-lasting relation with our customers and employees.

We care for our customers, employees and society.
Our customer base is exceptionally loyal because customers know that we will give them the right solution.

Accelerate Decision Making:

by collaborating with the brightest minds, bring ideas to life across our value chain of business operations across our vast network of over 140 stores across the US.


Lead with Innovation:

Join us to elevate our customer experience with cutting-edge products, technology, and business processes and drive our business forward.


We are Family:

As a family-owned business, we have respect for personal lives; wherever possible, we strive for flexibility in work schedules, and we maintain a relaxed, professional atmosphere.

Does this sound interesting?? Be an early applicant

Northern Tool is an Equal Opportunity Employer.
We encourage and empower everyone and support diversity in experience, and point of view.

We are pledged to a fair and a transparent hiring process with no discrimination of race, color, ancestry, religion, gender, national origin, age, citizenship, marital status, disability, or veteran status.


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