Key Responsibilities General Accounting and SAP
- Record journal entries in SAP based on vendor invoices, customer invoices, bank statements, credit card statements, employee expense reports, payroll reports, and other supporting documents.
- Manage day-to-day accounts payable, accounts receivable, operating expenses, cash receipts, payments, and bank transactions.
- Review accounting documents for completeness, accuracy, proper classification, and required approvals.
- Follow up with internal teams on missing documents, incorrect information, or unusual transactions.
- Maintain customer, vendor, general ledger account, and other financial master data.
- Ensure SAP records are consistent with actual business transactions, bank activity, and supporting documentation. Accounts Receivable, Accounts Payable, and Cash Management
- Monitor customer balances, incoming payments, credit status, and past-due accounts.
- Review vendor invoices, payment requests, and accounts payable balances.
- Prepare payment schedules and support bank payments and cash planning.
- Reconcile bank and corporate credit card accounts regularly.
- Monitor cash flow and provide management with updates on the company’s cash position.
- Maintain accurate and complete supporting documentation for all receipts and payments. Month-End Close and Financial Reporting
- Complete monthly bank and credit card reconciliations.
- Reconcile customer, vendor, and intercompany account balances.
- Work with the warehouse and operations teams to reconcile inventory quantities and values with the financial records.
- Record accruals, prepaid expenses, fixed assets, payroll, and other month-end adjustments.
- Complete the monthly close in accordance with the company’s reporting schedule.
- Prepare the general ledger, trial balance, income statement, balance sheet, cash flow information, and AR/AP reports.
- Review financial results and investigate significant or unusual variances.
- Coordinate with the corporate finance team on month-end close, intercompany reconciliations, and group reporting.
- Communicate accounting results and outstanding issues to the finance team at the company’s headquarters in China. Payroll and Employee Expenses
- Organize payroll, bonus, benefits, and other employee compensation information.
- Review payroll reports and record the appropriate accounting entries in SAP.
- Review employee expense reports and verify compliance with company policies and approval requirements.
- Reconcile payroll-related accounts and supporting records.
- Coordinate with the company’s external payroll service provider when necessary. CPA, Tax, and Compliance Support
- Prepare and provide the external accountant and CPA firm with the general ledger, trial balance, financial statements, AR/AP reports, payroll records, bank reconciliations, and supporting documentation.
- Communicate directly with the company’s external accountant and CPA firm regarding business transactions, account balances, and SAP records.
- Respond to questions, provide additional documentation, and record approved adjusting entries.
- Support federal and state income tax filings, sales tax filings, audits, and other financial compliance matters.
- Maintain organized accounting records and supporting documents for tax, audit, and internal review purposes.
- Help ensure the company’s accounting records comply with applicable U.S. accounting requirements and internal company policies. Budgeting and Financial Management Support
- Assist with annual budgeting, monthly forecasting, and financial analysis.
- Prepare financial information and analysis to support management decisions.
- Help improve accounting policies, payment procedures, expense reimbursement processes, and internal controls.
- Support the transition and alignment of accounting processes between QuickBooks, SAP, and the company’s external accounting records.
- Perform other accounting and finance-related duties as assigned. Job Types: Full-time, Part-time
Pay
$40,000.00 - $70,000.00 per year
Benefits
- 401(k)
- Flexible schedule Language:
- Chinese (Required) Work Location: In person Full posting: https://www.indeed.com/viewjob?jk=7becaa0b12e919b6