Accounts Payable and Cost Accountant

Company Description

Klassic Recruiting &  Eltek, Inc. are partnering together to find a Cost Accountant who can also manage Accounts Payable functions. Eltek is a world leader in high-efficiency power electronics and energy conversion. As a global corporation, Eltek has customers in more than 100 countries across a variety of industries including telecom, rail and infrastructure, power generation, power distribution and solar energy. Eltek is a power pioneer with over 40 years experience helping customers save energy and money while reducing their environmental impact. Eltek is headquartered in Drammen, Norway and became part of Delta Group in 2015, a leading power and thermal management provider.

Job Description

Role/Job Summary:

To perform the daily activities of the Accounts Payable and Cost Accounting Analyst function for the Company.

Duties and Responsibilities include:

• Sets up new vendors in ERP system ensuring vendor information and payment terms are correct.
• Reviews all invoices for appropriate documentation and approval per Company guidelines and policies prior to processing for payment. Performs invoice processing with 3 way match to purchase orders and receipts. Checks past due balances and ensures non-duplication of payments. Enters invoices into ERP system.
• Processes employee expense reports to include reconciliation of receipts to expense report; audits expense reports to ensure Company travel/expense reporting policy is followed. Communicates to management any expenses outside of policy. Sets up new users in the Expense Wire system.
• Initiates and processes weekly check runs and wire payments; distributes and mails signed checks as required.
• Researches and resolves all issues related to vendor statements, overpayments and credits.
• Interfaces with Purchasing and Receiving departments to investigate and resolve problems and issues.
• Reconciles vendor statements to AP sub-ledger and resolves any differences.
• Participate in month-end/year-end close processes and yearly external audit process. Prepares and distributes 1099s at year end in compliance with IRS regulations.
• Performs analysis on purchase price variances and production order variances.
• Reviews inventory transactions to ensure that all adjustments have the necessary approvals.
• Assists with semi-annual physical inventory.
• Assists with new product costing.
• Reconciles inventory sub-ledger reports to general ledger.
• Performs other duties and tasks as assigned

Qualifications

Education and Experience Required:

• Bachelor’s degree in Accounting, Finance, Business or related discipline, or 8 years of related experience.
• Relevant finance experience working in a manufacturing environment with cost accounting experience.
• Minimum of five years of previous full cycle accounts payable experience

Technical and   General Skills Required:

• Solid understanding of GAAP terms and practices. General understanding between GAAP and IFRS*
• Demonstrated proficiency with computer software to include MS Office (Word and Excel), e-mail and ERP/financial accounting systems.* *
• Proficient with Excel pivot tables and vlookup functions.* *
• Strong time management skills; managing one’s own time*
• Cooperative – work well with others
• Excellent communication skills, both written and verbal
• Positive attitude and energy
• High attention to detail, good organization skills, dependable: may be relied on
• Ability to prioritize and multi-task effectively*
• Strong analytical skills, accurate: careful and precise*

This position requires long periods of sitting behind a desk and performing tasks on a computer. Additional physical requirements include standing, bending, hand dexterity, speaking, seeing and lifting/moving up to 20 pounds. Job Type: Full-time

Required education:

• Bachelor's or Equivalent Experience

Required experience:

• Cost Accounting: 5 years
• Accounts Payable: 5 years

Job Type: Full-time

Job Location:

• Plano, TX

Required education:

• Associate

Required experience:

• Manufacturing Accounting: 3 years
• Cost Accounting: 4 years

Additional Information

All your information will be kept confidential according to EEO guidelines.