Financial Accounting Manager
Momentec Brands
Financial Accounting Manager
Hybrid • Kannapolis, NC 28083
Overview
Position Type Full Time Job Shift 1st shift (days) Education Level 4 Year Degree
Financial Accounting Manager
Why you would want to work on our team…
OUR MISSION:
To be the #1 service organization in the athletic industry.
OUR PURPOSE:
We exist to energize and galvanize teams and communities.
OUR VISION:
To be our customers most trusted partner for fast, high quality, thoughtful solutions.
OUR VALUES:
Humility, Team, Hunger, Ownership & Agility.
Our benefits package includes:
Medical, Dental, Vision, Short- and Long-Term Disability, Life Insurance
FSA
Paid Vacation, Paid Holidays, Floating Holiday, and Paid Sick Time
401(k) Plan, with annual Company Contribution
Discounts on Momentec Brands products (formerly ASB and FSG brands)
Clean work environment with a casual dress code…no uniforms!
JOB SUMMARY:
The Financial Accounting Manager serves as the finance lead for U.S. inventory, distribution, and decoration operations. This position is responsible for ensuring financial information is accurate, properly accounted for, and compliant with U.S. GAAP while serving as a strong finance partner to operational leaders.
The role works closely with distribution and decoration operations leadership and finance teams in the U.S. and internationally to analyze financial results, identify performance drivers, strengthen accounting processes and controls, and provide financial insight that supports informed business decisions.
ESSENTIAL DUTIES & RESPONSIBILITIES (includes other duties as required):
- Own the financial accounting for U.S. inventory, including inventory accounting, reconciliations, reserves, and controls.
- Review key balance sheet accounts and profit and loss results to ensure accuracy, proper accounting, and compliance with U.S. GAAP while understanding and explaining the key drivers behind the results.
- Analyze results against the annual operating plan, forecast, and prior year and explain the key drivers behind variances.
- Lead the financial review of excess and obsolete inventory and ensure reserves are appropriate and compliant with U.S. GAAP.
- Partner with operations on cycle counts, inventory adjustments, and inventory accuracy.
- Review standard costs and manufacturing variances, including labor, overhead, productivity, utilization, absorption, scrap, and other key cost drivers.
- Work with operations to understand the causes of variances and identify actions that may improve results.
- Serve as a key finance partner to distribution and decoration operations leadership by providing financial insight related to cost, productivity, capacity, inventory, and operational performance.
- Support the annual operating plan, forecasting, and other financial planning activities for distribution and decoration operations.
- Partner with U.S. and international finance and operations teams to improve reporting, processes, and controls.
- Support month-end and quarter-end close activities and work with accounting teams and auditors as needed.
- Partner with operations and corporate finance to maintain appropriate controls across end-to-end processes, helping ensure accurate financial reporting and compliance with U.S. GAAP.
SKILLS/QUALIFICATIONS/EDUCATION/LICENSES & CERTIFICATIONS:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
- Bachelor's degree in Accounting, Finance, or a related field.
- Strong understanding of U.S. GAAP and financial reporting.
- Experience with inventory accounting, standard costing, manufacturing finance, or cost accounting.
- Strong understanding of balance sheet and profit and loss statement analysis, with the ability to explain business performance drivers.
- Experience working with manufacturing, distribution, or other operational teams preferred.
- Public accounting experience combined with industry experience preferred but not required.
- CPA, CMA, or MBA preferred, but not required.
- Strong analytical, problem-solving, and decision-making skills.
- Ability to work effectively with finance and operational leaders across multiple functions.
- Strong Microsoft Excel and financial systems proficiency.
- Ability to read, understand, and complete work-related documentation.
PHYSICAL DEMANDS:
- Ability to sit for extended periods of time (up to 8 hours).
- Ability to stand and walk regularly.
- Occasionally, be able to lift/carry, push/pull up to 30 lbs.
- Frequent head and neck rotation.
- Frequent handling, grasping, and writing as needed for daily tasks at a standard computer workstation.
- Ability to constantly use a computer keyboard/mouse/monitor to enter data (repetitively).
- Ability to endure occasional movement bending, stooping, and reaching above shoulder level as needed for daily tasks.
- Occasionally climb stairs to multi-level work site.
WORK ENVIRONMENT:
- Work is primarily performed in an office environment or remote from home. This position will likely begin with working 3 days in the Kannapolis, NC office, which may decrease to 2 days per week following an introductory period. Typically, Mondays and Fridays are work from home days and Tuesdays through Thursdays are in office.
- Regular interaction with distribution, manufacturing, and operations environments may be required. Occasional exposure to non-temperature-controlled warehouse or production environments that may be hot in the summer and cold in the winter.
WORK HOURS:
- This position is typically full-time and scheduled Monday through Friday, 8:00AM-5:00PM; however, work hours may vary based on business and operational needs.
DRESS CODE:
- Must dress appropriately for the work environment and comply with all department and safety requirements.
DISCLAIMER:
All descriptions have been reviewed to ensure that only essential functions and basic duties have been included. Peripheral tasks, only incidentally related to each position, have been excluded. Requirements, skills, and abilities included have been determined to be the minimal standards required to successfully perform the positions. In no instance, however, should the duties, responsibilities, and requirements delineated be interpreted as all inclusive. Additional functions and requirements may be assigned by supervisors as deemed appropriate.
Qualifications
Momentec Brands provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, national origin, age, disability, or genetics. In addition to federal law requirements, Momentec Brands complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. Momentec Brands requires all candidates to pass a pre-employment drug screen (necessity varies by location) and background check.
Applicants have rights under Federal Employment Laws which can be found at the following sites by holding the Ctrl button and clicking on the link:
- Family and Medical Leave Act
- EEO
- Employee Polygraph Protection
- E-Verify
- Right to Work
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