Senior Accounting Manager (AMR)

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This is a fantastic opportunity to join a leading independent electronic components distributor to the world's leading contract manufacturers and OEMs. Built around the shared core values of Being amazing today, Demonstrating mutual respect and trust, Acting courageously and Owning our own outcomes, Velocity Electronics has experienced rapid growth and is looking to add to our talented global team.

We are looking for a Senior Accounting Manager who can deliver exceptional experiences and outcomes to the Finance and Accounting department.

What will you be doing?

The Senior Accounting Manager will lead our Americas regional accounting team at our corporate headquarters in Austin, TX in order to deliver exceptional experiences and outcomes. The person in this role will be a partner to and enabler of our business in the United States and Latin America. They will manage and, in some cases perform, accounting functions including credit/collections, cash management, month end close, account reconciliations, financial statement preparation/analysis, payroll, federal/state/local income/sales/property taxes, etc. The person in this role will be responsible for reviewing the work of staff, partnering cross-functionally, collaborating globally, overseeing third party providers and ensuring completion of all aspects of operational accounting.

Your main areas of responsibility will be:

• Management of the accounting functions for United States and Latin America
• Partner with internal and external stakeholders to stay abreast of business environment and to maintain relationships with business partners
• Act as subject matter expert of accounting system and processes
• Train, develop, and manage subordinate employees

In addition, you will also be expected to:

• Manage and perform the daily activities of the accounting department including:
  • Review customer/vendor credit data to support credit limit recommendations including partnering with sales and procurement managers to ensure customer requests are addressed while ensuring company's risk is minimized
  • Monitor sales order/purchase order approval queues to ensure requests are addressed timely
  • Ensure timely review of employee expense reports/reimbursements
• Coordinate A/R function to ensure efficiency, timely collections, maintenance of aged items, and appropriate escalation
• Oversee A/P (high-volume) including management of aging reports and ensuring vendors are paid timely
• Manage employee multi-state payroll including review of reporting (W-2s, 941s, etc) and adherence to Federal/State tax regulations
• Proactively monitor cash position
• Ensure timely completion of month-end close processes
• Prepare financial statements in compliance with US GAAP
• Review contracts and transactions to ensure appropriate accounting treatment in accordance with US accounting standards including but not limited to:
  • ASC 606 - Revenue from Contracts with Customers
  • ASC 842 - Leases
  • ASC 326 - Financial Instruments - Credit Losses
  • ASC 740 - Income Taxes
• Review monthly account reconciliations to ensure the accuracy of balance sheet accounts and that all transactions adhere to US GAAP as well as reflect actual activity/purpose of account
• Assist with ad-hoc reporting requests, as needed
• Manage external audits including gathering and providing information for audit inquiries
• Review Corporate Federal, State, and Local tax filings that are prepared either internally or by third party to ensure accuracy and adherence to deadlines
• Ensure timely completion of statutory filings including business registrations
• Collaborate with peers across regions to ensure intercompany transactions are accounted for appropriately and that, when possible, processes are standardized
• Design, implement, and maintain policies, practices, and procedures to ensure proper internal controls

Education, Experience, Skills and Traits

Required Education

• 4-year college degree in Accounting focused on US GAAP

Preferred Education

• Advanced degree and/or active CPA license

Required Experience

• 8+ years of progressive experience in global companies of 100+ employees
• 3+ years leadership experience in a global company
• Operational accounting/accounting services (AR, AP, etc.)

Preferred Experience

• Public Accounting

Required Skills

• Expert knowledge of US GAAP, operational accounting and ability to translate to effective policies and procedures
• Proficient with Microsoft Office Applications, especially Excel
• Intercompany accounting
• Payroll concepts and requirements

Desired Skills

• Familiar with complex ERP systems
• Corporate Federal and Multi-state Income Tax

What will you bring to the team?

Our ideal candidate:

• Is Amazing
• Demonstrates mutual respect and trust
• Acts courageously
• Owns own outcomes
• Attention to the details while understanding and evaluating the big picture
• Effectively interact and communicate across levels, functions, and regions
• Problem solving and critical thinking skills
• Functional leadership and people management skills
• Strong commitment to establishing goals and attaining outcomes
• Demonstrate financial and business acumen
• Effectively manage and lead through ambiguity

Work Environment

• Applicants must be based in Austin,TX.
• Hybrid work schedule - work is performed in the corporate office and remotely

Qualified applicants, apply today!