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Accounting Associate

Newbury Franklin Industrials

Newbury Franklin Industrials

Accounting & Finance, Sales & Business Development
Buffalo, NY, USA
Posted on Friday, September 15, 2023
Job Overview

We are looking for highly motivated individuals to join our strong and rapidly growing accounting team. The Accounting Associate position plays a key role in the efficient operation of the Finance Department. Duties will include compiling and reviewing financial information, preparing spreadsheets and reports, and maintaining records. Additionally, this individual will assist in the timely reporting of company financial results.

Accounting Associate Job Responsibilities:
  • Record daily bank transaction activity in accounting software.
  • Perform month-end close procedures such as updating reserves, issuing customer invoices, and recording vendor invoices, creating, and adjusting accruals and deferred revenue, accruing tax liabilities, reconciling accounts, valuing inventory, and recording and adjusting fixed asset records.
  • Record weekly payroll activity.
  • Record credit card purchase activity. Prepare and issue monthly statements to credit card holders. Collect and file receipts for credit card purchases. Maintain and share credit card purchasing policies and procedures with card users.
  • Report monthly sales data to external accountant for calculation of sales tax liabilities. Review the sales tax exemption status of customers and verify that exemption or resale certificates have been collected. Reconcile sales tax liability accounts.
  • Provide guidance to accounting staff, especially as it concerns the issuance of invoices and maintenance of accounts receivable records.
  • Respond to customer queries and requests.
  • Perform other duties as assigned.

Preferred Skills and Qualifications:
  • Bachelor’s degree in accounting.
  • Possess an understanding of GAAP.
  • Familiarity with computerized accounting systems such as QuickBooks Online and NetSuite.
  • Proficiency with Microsoft Office, especially Excel and Word.
  • Ability to work independently with minimal supervision while managing multiple assignments.
  • Ability to work as a team player and promote a cooperative work environment.
  • Possess excellent organizational and communication skills.
  • Possess a commitment to accuracy and attention to detail.

Benefits include:
  • 401(k) with employer match
  • Medical, dental, vision, short-term and long-term disability, and life insurance benefits
  • Paid time off
  • Performance-based annual bonus