Senior Accountant GL

: Overview:

The Senior Accountant - General Accounting will assist in the execution of the organization's general accounting policies and procedures, ensuring compliance with GAAP and relevant accounting standards. This role involves recording general ledger (GL) entries during month-end close, coordinating with various departments to ensure accurate financial reporting, and preparing detailed reports. The position also supports both internal and external audits and ensures compliance with internal controls. The role requires effective transaction execution, cross-department collaboration, and attention to detail to ensure accurate financial results and operational efficiency.

Responsibilities:

General Ledger and Month-End Close:

• Record GL entries assigned by the Director of Accounting.
• Ensure entries are timely and accurate during the month-end close process and resolve discrepancies.
• Monitor GL entries for any unusual transactions and report discrepancies or outliers to senior management.
• Prepare and post month-end journal entries for general ledger accounts, ensuring proper expense and revenue recognition.
• Review and reconcile GL accounts related to cash, prepaids, payroll, accrued liabilities, and other balance sheet accounts.
• Ensure the accuracy of reconciliations and proper expense recognition for prepaids, payroll-related accounts, and accrued liabilities.
• Review and manage the reconciliation of intercompany accounts to ensure proper treatment of transactions and eliminate discrepancies.
• Identify and implement process improvements related to GL account reconciliation procedures.
• Ensure accounting processes comply with company policies and accounting standards during month-end closing.
• Monitor internal controls and regulatory compliance, ensuring they align with company policies and applicable standards.
• Maintain proper documentation to support monthly, quarterly, and year-end financial close activities.
• Actively participate in month-end close activities.
• Prepare journal entries for GL accounts and ensure accurate monthly financial reporting.
• Assist with consolidations and elimination entries, ensuring proper reflection of all intercompany transactions.
• Coordinate with various departments to gather required data and ensure accurate financial results.
• Collaborate with cross-functional teams to streamline the month-end close process.
• Identify process inefficiencies and recommend improvements.
• Work with other departments, including finance, operations, and IT, to ensure smooth data integration and resolution of discrepancies in the GL.
• Partner with operational teams to provide financial insights and support operational decision-making.
• Assist other departments in understanding and complying with accounting standards and company policies.
• Manage reconciliations and interfaces into the GL.
• Ensure accurate reflection of data interfaces (e.g., payroll, AP, AR) in the GL and resolve discrepancies.
• Supervise and review monthly reconciliations of key financial accounts to ensure accuracy and timeliness.
• Oversee bank and credit card reconciliations, identifying any variances and resolving promptly.

Process Improvement and Automation:

• Identify areas for process improvement in accounting functions, including GL entries, reconciliations, and month-end close processes.
• Lead initiatives to automate routine accounting processes, improving accuracy and efficiency.
• Evaluate and implement technological tools or upgrades to streamline accounting workflows and enhance data accuracy.

Team Leadership and Mentorship:

• Supervise and mentor junior accounting staff, providing guidance and support for their professional development.
• Conduct regular performance evaluations for accounting team members and assist in their career growth.
• Ensure the accounting team adheres to internal controls and regulatory requirements.

Audit Coordination:

• Assist with quarterly and year-end audits.
• Ensure timely submission of required documentation and responses to auditors.
• Coordinate with external auditors for smooth execution of audit procedures, providing requested documentation and resolving any issues.
• Participate in the preparation of audit schedules and financial statements for external auditors and regulatory filings.
• Provide supporting documentation for GL transactions during audits.
• Supply requested schedules, reconciliations, and materials.
• Ensure all requested documentation is accurate, complete, and provided on time for audit purposes.
• Lead internal control audits testing requests.
• Ensure compliance with SOX requirements and implement process improvements.
• Monitor adherence to accounting policies and procedures and identify areas of weakness in controls, recommending improvements as needed.
• Oversee the review and testing of controls related to financial reporting to ensure they are working as designed.

Qualifications:

• Structured, organized, and focused, with the ability to work independently and collaborate with cross-functional teams.
• Strong analytical, organizational, conflict resolution, and negotiation skills, particularly in GL accounting and balance sheet management (prepaids, payroll, etc.).
• Ability to analyze data, draw conclusions, and make recommendations related to GL transactions and balance sheet accounts.
• Excellent written and verbal communication skills, with the ability to address inquiries from customers, regulatory agencies, or business stakeholders.
• Proficiency in Microsoft Word, Excel, and ERP systems; experience with payroll and GL interfaces preferred.
• Familiarity with automation tools for accounting processes is a plus.
• Bachelor's degree in Commerce, Accounting, Finance, or related field.
• 4-6 years of month-end close experience, with expertise in managing GL accounts, reconciliations, and balance sheets for prepaid and payroll accounts.
• Proven experience managing month-end close activities and coordinating audit requests, including internal control audits and SOX compliance.
• An equivalent combination of education and experience will be considered.

Pay Range: USD $90,000.00 - USD $120,000.00 /Yr. Reasonable Accommodation Notice: Certificates, Licenses CALIFORNIA PRIVACY STATEMENT advance_auto_parts_-_california_candidate_privacy_notice.pdf (worldpaccareers.com) We are an Equal Opportunity Employer and do not discriminate against any employee or applicant for employment because of race, color, sex, age national origin, religion, sexual orientation, gender identity, status as a veteran and basis of disability or any other federal, state or local protected class.