Senior Accountant

Senior Accountant

This full-time position will assist the Director of Accounting – Operations with all aspects of accounting functions. The Senior Accountant interacts with all members of the Lexington Accounting department and works closely with both corporate/administrative and operations personnel. The position requires a strong understanding of accounting principles, financial analysis, and the ability to manage financial structures across different business entities. The Senior Accountant will be responsible for the following:

• General Ledger duties: Complete general ledger activities, including journal entries, account reconciliations, and month-end/year-end closings. Review and analyze general ledger accounts to identify and resolve discrepancies and/or variances.
• Internal Controls and Compliance: Ensure compliance with internal control procedures to mitigate financial risks and maintain compliance with applicable laws and regulations.
• Audit Support: Participate and assist with internal and external audits. Prepare audit schedules, respond to audit inquiries, and ensure timely completion of audit requirements.
• Financial Reporting duties: Assist with 10-K/10-Q Financial Reporting/Footnote updates and preparation related to Operations Accounting.
• Assist with discounted cash flow analysis for various operating liabilities.
• Accounts Payable Support: Assist in Accounts Payable processing including invoice coding, keying, research, issue resolution, and internal/external payment processing.
• Accounts Receivable Support: Assist in Accounts Receivable processing including customer setup, invoice processing, research, issue resolution, customer support, and payment application.
• Provide other accounting-related assistance, as required.

Specific assignments may vary depending on department needs to ensure appropriate segregation of duties, SOX compliance efforts, and cross training goals are met. Specific Assignments may include:

• Royalty Accounting
  • Assist with month end processing of land royalties including expense and recoupment accruals, payment processing, and tax reporting, as needed.
• Assist with reconciliations of royalty asset and liability accounts.
• Assist with inter-company accounting transactions with mineral control/land owning affiliate.
• Workers Compensation Accounting
  • Perform monthly closing duties related to Work Comp expenses, payments, and liability reconciliations.
• Assist with entity setup and maintenance in the claims processing system.
• Complete mid-year and year-end liability valuation in conjunction with outside Actuary.
• Affiliate / Vertically Integrated Supplier Accounting
  • Assist in all accounting related duties for affiliated companies providing goods and services to the mining operations including closing related activities, inventory tracking, financial reporting, cost accounting, and budget variance analysis.
• Coordinate reporting to mine operations on affiliate activities.
• Accounts Receivable
  • New Customer Setup.
• Products, Project, and Field Service Billing.
• Monitoring credit terms, outstanding balances, and past dues.
• Manage pre-payments.
• Applying payments.
• Address customer questions.
• Coordinate with Corporate AR.
• Accounts Payable
  • Invoice and payment processing.
• Coordinate with Corporate Accounting on vendor setup and maintenance.
• PO problem research and resolution
• Addressing vendor questions
• Other projects as assigned by Management.