What are the responsibilities and job description for the Accounting Manager position at Montgomery's?
Position: Accounting Manager
Status: Full-Time, Exempt
Why Join Our Team?
As a family-owned company, Montgomery’s, brings not only a warm, welcoming work environment, but a rewarding one as well. Montgomery’s has been standing on the frontline of design for over 135 years and will do so for generations to come. We offer a range of home furnishings, from flooring, lighting, and window treatments to the furniture brought together to take a house to a home. As our company continues to grow, so does our team here in Sioux Falls!
Montgomery's Offers:
- Paid Vacation and Personal Time Available on Day 1!
- Comprehensive Training
- Comprehensive Benefits Package:
- Medical/Dental/Vision
- Short Term Disability
- Free & Voluntary Life Insurnace Policies
- Employee Assistance Program
- Dependent Care and Medical Flex Spending Accounts
- Employee purchase program that will help you fill your home with beautiful furniture!
- Scheduled work weeks include some evenings and some weekends to accommodate store hours. We have family friendly hours and our stores close at 7 pm during the week!
What will this role entail?
The Controller will provide coordination, leadership and training to the business office staff to ensure they are accurately and effectively conducting daily activities. In addition, the Controller will participate in financial statement preparation, management reporting, budgeting, tax and regulatory filings, insurance management, asset control and assist in payroll processing. The Controller must communicate and coordinate effectively with all other company departments including sales, warehousing, delivery and the management.
Duties include:
- Supervise, train and lead the business office team to ensure operational effectiveness, including training, back-up and assistance, and setting priorities for each individual.
- Manage the computer network, hardware and software systems required to maintain the day-to-day activities of the business.
- Manage and coordinate resources and ongoing maintenance of the Company’s enterprise resource / point of sale computer system. This includes general knowledge of how the system is structured, any necessary system updates, and coordinating integration of other systems (Retail Vantage and Tools to Win).
- Oversee all accounting and business office functions, including accounts payable, accounts receivable and general ledger posting of payroll.
- Lead and oversee the month-end closing process, ensuring accuracy and timeliness of financial reporting. Coordinate with various departments to gather necessary financial data for month-end activities.
- Manage cash flow and liquidity, ensuring the availability of funds for operational needs.
- Develop and maintain robust cash flow forecasting models to project short-term and long-term liquidity needs.
- Develop and manage the annual budgeting process, providing financial forecasts and analysis to support strategic decision-making.
- Oversee the reconciliation of employee benefits, including health insurance, dental, vision, retirement plans, etc.
- Oversee the reconciliation of payroll transactions to ensure accuracy and compliance.
- Ensure that all payments and filings of all forms of tax and regulatory requirements are made on an accurate and timely basis.
- Prepare year-end financial statements and trail balance, and coordinate all efforts related to the preparation of the Company’s tax return. This includes all 1099 reporting, schedules needed to update the fixed assets records, charitable contributions, and any other related information to complete the return and finalize the trial balance.
- Coordinate the completion and submit any ongoing compliance reporting to the Company’s bank.
- Assist in the annual renewal process for all company insurances.
- Establish and maintain effective internal controls to safeguard company assets. Conducting regular and routine audits to identify and mitigate risks.
- Prepare timely, accurate, fully reconciled monthly financial statements as required for ownership to review and make decisions.
- Work with management in other departments to develop operational procedures, seeking to utilize resources and standardize operations across stores.
- Prepare and analyze financial statements, including income statements, balance sheets, and cash flow statements.
- Prepare and analyze reports of key business metrics and review the highlights with management.
- Prepare routine and ad hoc activity reports to management, as required.
- Coordinate and manage external audits, ensuring timely and accurate responses to audit inquiries.
- Perform other duties as assigned.
Who is a good fit for this role?
Someone who has...
- Bachelor’s degree in accounting
- 5 plus years previous work experience
- Strong background in systems and business procedures
- Strong communications and supervisory skills
- Excellent verbal and written communication skills
- Collaborative mindset with the ability to work effectively in a team environment
- Strong time management and organizational skills
- Significant attention to detail
- CPA certification a plus, but not required
