Financial Operations Specialist

6 days ago

Hyderabad, Telangana, India Northern Tool + Equipment Full time

About the Role:

Northern Tool + Equipment is seeking a highly skilled Financial Operations Specialist to join our team. As a key member of our finance department, you will play a crucial role in maintaining accurate and timely financial records.

Job Summary:

The Financial Operations Specialist will be responsible for maintaining records of routine accounting transactions, assisting in the preparation of financial reports, and analyzing accounting records for management use. This position requires strong analytical and problem-solving skills, as well as excellent communication and interpersonal skills.

Responsibilities:

  • Maintain month-end close activities, including general journal entries, account activity, and balance reviews to ensure accuracy of financial data.
  • Investigate unusual account activity or balances prior to final reporting of month-end results.
  • Communicate financial escalations in a timely manner to Accounting Leads or Managers.
  • Perform account reconciliation using various tools, including TrinTech Cadency, JD Edwards, Microsoft Dynamics D365, SK Bank, and Excel.
  • Complete reconciliations according to published deadlines to meet KPIs.
  • Reconcile large amounts of transactional-related data and assigned accounting areas, research unreconciled items timely, and communicate any out-of-balance issues to supervisors.
  • Perform Sales, Settlement, and Cash/Payment reconciliation, including sales from Retail, eCommerce, and third-party selling programs.
  • Ensure daily settlement and cash funding is received and no systemic errors or delays occur.
  • Escalate cash funding delays or errors in a timely manner.
  • Partners with IT and Retail Stores in resolving cash over/short discrepancies on a regular basis.
  • Identify and promote changes in procedures and reporting that increase efficiency and reduce data keying and manual intervention.
  • Review accounting methodology for assigned areas and propose changes when operationally necessary.
  • Act as a backup to other team members related to payment settlement reconciliations, other daily reconciliations, monthly end close & reporting.

Requirements:

  • Bachelor's degree in Accounting required.
  • At least 1-2 years of related experience, including experience with computerized Enterprise Resource Planning (ERP) systems. Microsoft Dynamics 365 experience is preferred.
  • Familiarity with 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.
  • Broad exposure to other financial software, including Access, BI Reporting Tools, Point of Sale systems, Reconciliation Tools, ERP, and Warehouse Management Systems.
  • Previous accounting experience in multi-location retail or manufacturing settings with Retail and Commerce experience preferred.
  • Demonstrated ability to exercise strong judgment and work well independently and in a team environment.
  • Detail-oriented and analytical.
  • Able to prioritize and multi-task effectively.
  • Excellent communication and interpersonal skills.

Benefits:

  • Competitive salary range: $55,000 - $70,000 per year, depending on experience.
  • Ongoing training and professional development opportunities.
  • A dynamic and supportive work environment.
  • Possible opportunities for advancement within the company.

About Northern Tool + Equipment:

Northern Tool + Equipment is a leading retailer and manufacturer of high-quality tools and equipment. With over 40 years of experience, we have built a reputation for delivering exceptional customer service and support.

We are committed to building lasting relationships with our customers, employees, and community. Our goal is to provide our customers with the best possible solutions for their needs, while also fostering a positive and inclusive work environment.

If you are a motivated and detail-oriented individual looking for a new challenge, we encourage you to apply for this exciting opportunity.

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