Accountant / Manager

Samsill Corporation
Fort Worth, TX Full Time
POSTED ON 7/19/2023 CLOSED ON 10/15/2023

What are the responsibilities and job description for the Accountant / Manager position at Samsill Corporation?

About Samsill

Samsill Corporation is one of the world’s largest independently owned manufacturer of business and office supplies. Celebrating seventy years, Samsill is dedicated to leading the charge with sustainable products. Samsill is a faith-based company committed to maintaining its core family values, empowering employees and carrying on a philosophy of work/life balance.

Position Overview

Our Team is currently seeking an experienced Staff Accountant with a strong emphasis on inventory control and a solid understanding of Generally Accepted Accounting Principles (GAAP) who can grow into a Controller role

This position is hands on with breadth of duties spanning journal entries, cost accounting, overseeing inventory control, ensuring compliance with GAAP, and assisting in various accounting functions within the organization.

Essential Functions and Key Responsibilities

  • Inventory Control:
  • Oversee inventory control - develop and implement inventory control procedures to ensure accurate tracking, valuation, and reporting of inventory.
  • Oversee and perform cycle count/physical inventory counts and reconcile variances to maintain inventory accuracy. Train counters and auditors.
  • Monitor inventory levels, identify obsolete or slow-moving inventory and recommend appropriate actions. Participate and/or lead in the material review process.
  • Collaborate with operations and procurement teams to optimize inventory levels and minimize stockouts.
  • Conduct periodic inventory audits to assess compliance with inventory procedures and GAAP.

 

  • Conduct Financial Reporting and Analysis
  • Prepare and maintain inventory-related accounts, including inventory evaluation, reserves, and cost of goods sold (COGS) calculations.
  • Prepare journal entries, general ledger account reconciliations, and fixed asset maintenance.
  • Assist in the preparation of monthly, quarterly, and annual financial statements in compliance with GAAP.
  • Analyze inventory-related accounts, investigate variances, and provide explanations for management review.
  • Participate in the budgeting and forecasting process related to inventory costs and sales projections.
  • Provide support during internal and external audits, including training and inventory audit requests.
  • Participate in the implementation and testing of inventory-related modules or systems.
  • Cross-train with Cost Accounting Manager and assist with Payroll duties.
  • Participate in forecasting, budgeting and risk analysis.
  • Assist in the preparation and submission of government reports and tax filings.
  • Eventually supervise the daily and monthly cycle of A/R and A/P team transactions and processes.
  • Other duties as assigned.

 

  • System and Process Improvement:
  • Collaborate with cross-functional teams to enhance inventory management systems.
  • Identify opportunities to streamline inventory control and accounting procedures, improve data accuracy, and enhance reporting capabilities.
  • Participate in the implementation and testing of inventory-related modules or systems.
  • Lead, facilitate, or participate in various department-wide process improvement initiatives.

Education and/or Experience

  • Minimum of Associates Degree in Accounting or related Business field required, a Bachelor’s a plus.
  • Minimum of 5 to 10 years of experience in an Accounting position or related Business field.
  • Proficiency in accounting software with ERP systems. Experience with EPICOR DataFlo, IBM Universe, a plus.
  • Experience in inventory control and cost accounting.
  • Proficient with MS Office with strong MS Excel skills.
  • Strong attention to detail with good analytical skills.
  • Strong written and verbal communication skills.
  • Ability to work independently and collaborate effectively with cross-functional teams.
  • Strong knowledge of and the ability to adhere to and ensure compliance with Generally Accepted Accounting Principles (GAAP).

Physical Requirements

  • Prolonged periods sitting at a desk and working on a computer
  • Must be able to lift up to 15 pounds
  • Prolonged periods working in Plant for inventory counts, training, etc.

Samsill is an Equal Opportunity Employer.

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