Job Title: VMI Accountant
Requisition Number: MG&A GEN-3762
Interest Category: Accounting / Finance
Hourly/Salary: Salary
City: Mission Viejo
State: California
Country: United States
Shift: Days
Job Description:
Position Summary
The VMI Accountant plays a key role within the GL accounting team, reporting into one of two GL team Supervisors who in turn, reports directly into the GL Accounting Manager. This position will require an individual who is detail oriented and has the ability to communicate effectively as they reconcile James Hardie’s (JH) Vendor Management Inventory (VMI) operations throughout the US. This individual will collect and analyze internal SAP inventory reports and reconcile to 3rd party inventory reports. The accountant investigates variances and partners appropriately with both internal and external customers on a daily basis on inventory balances and resolution of discrepancies. Internal customers include members of the JH VMI Operations team, JH Field Reps, JH Account Receivable and Credit team, as well as JH Customer Operations. External customers are VMI distribution partners and their staff.
Position Responsibilities
Creates monthly journal entries, reviews VMI inventory financial statements, performs account reconciliations, and various other month-end close responsibilities as appropriate to support an accurate and timely monthly financial close for the Company’s U.S. divisions by:
- Gathering inventory balance reports internally from SAP and externally from VMI Distribution partners in order to reconcile GL accounts and customer balances;
- Partnering with the VMI Customer Service Representatives to facilitate inventory replenishments
- Maintaining integrity of general ledger transactions;
- Ensuring that the general ledger is closed within the timelines of the Company’s closing schedule;
- Reviewing and performing account analysis and reconciliations;
- Ensuring that all financial statements are presented in accordance with United States Generally Accepted Accounting Principles (US GAAP) and appropriate financial variance analyses are provided timely to management; and
- Developing strong working relationships with coworkers and other departments.
Provides general assistance and support to the GL Supervisor and Accounting Manager by preparing ad hoc reports and financial analysis by:
- Providing useful, timely, and accurate analysis of financial results and information to Accounting Management, VMI Operational Management, and Distribution partners;
- Writing quarterly balance sheet fluctuation narratives to support the external financial reporting process and external audit; and
- Participating in daily/weekly supply chain meetings to explain results of analysis and identified solutions.
Provides, suggests, supports and implements alternatives to work processes that will increase efficiencies and quality of financial results by:
- Developing strong understanding of VMI accounting and VMI business processes;
- Identifying process inefficiencies and helping to support the identification of the underlying root causes;
- Partnering with other finance and non-finance groups to support design and implement process improvements;
- Continually identifying, designing, and implementing best accountant practices and process improvements and explaining processes and techniques throughout each VMI operation; and
- Interacting with accounting and supply chain to help drive change and gain commitment and buy-in for the new processes
The position responsibilities outlined above are in no way to be construed as all encompassing. Other duties, responsibilities, and qualifications may be required and/or assigned as necessary.
Quantitative Dimensions:
Decision Making:
The VMI Accountant is self-motivated, has excellent organization, problem solving and reasoning skills in order to make logical day-to-day departmental decisions with limited involvement from management. This employee works independently, as well as partners with the GL Senior Accountant and the Operation VMI team.
Supervisory/Lead
Responsibilities:
The VMI Accountant has no direct reports.
Scope of Position:
The VMI Accountant spends the majority of his/her time performing accounting-related activities for the Company, primarily reconciling VMI inventory. This includes overall management of VMI invoices and shipping reports, along with general accounting.
Position Requirements
Knowledge, Skills, and Abilities:
Required:
- Demonstrated knowledge and understanding of consignment inventory process
- Ability to meet tight deadlines with strong organizational skills and attention to details
- Excellent interpersonal and oral/written communication skills with the ability to relate well and cooperate with all departments
- Ability to work independently or as part of a team to achieve group goals
- Demonstrate ability to complete multiple tasks concurrently while working at a fast pace
- Willingness and ability to take on more projects as required
- Demonstrated advanced skills with the standard features of various personal computer word processing and spreadsheet software (Microsoft Word and Excel, PowerPoint, Outlook, Internet and other proprietary software)
- Strong Microsoft Excel skills, including ability to create and utilize V-lookups, Pivot tables, If-functions
Education/Experience:
- Bachelor’s Degree in Accounting, Finance, or a related field preferred
- 1-3 years of related accounting experience
- Demonstrated experience with ERP systems software (SAP preferred)
- Proficient in Microsoft Access (preferred)
JHMON
Requisition Number: MG&A GEN-3762
Interest Category: Accounting / Finance
Hourly/Salary: Salary
City: Mission Viejo
State: California
Country: United States
Shift: Days
Job Description:
Position Summary
The VMI Accountant plays a key role within the GL accounting team, reporting into one of two GL team Supervisors who in turn, reports directly into the GL Accounting Manager. This position will require an individual who is detail oriented and has the ability to communicate effectively as they reconcile James Hardie’s (JH) Vendor Management Inventory (VMI) operations throughout the US. This individual will collect and analyze internal SAP inventory reports and reconcile to 3rd party inventory reports. The accountant investigates variances and partners appropriately with both internal and external customers on a daily basis on inventory balances and resolution of discrepancies. Internal customers include members of the JH VMI Operations team, JH Field Reps, JH Account Receivable and Credit team, as well as JH Customer Operations. External customers are VMI distribution partners and their staff.
Position Responsibilities
Creates monthly journal entries, reviews VMI inventory financial statements, performs account reconciliations, and various other month-end close responsibilities as appropriate to support an accurate and timely monthly financial close for the Company’s U.S. divisions by:
- Gathering inventory balance reports internally from SAP and externally from VMI Distribution partners in order to reconcile GL accounts and customer balances;
- Partnering with the VMI Customer Service Representatives to facilitate inventory replenishments
- Maintaining integrity of general ledger transactions;
- Ensuring that the general ledger is closed within the timelines of the Company’s closing schedule;
- Reviewing and performing account analysis and reconciliations;
- Ensuring that all financial statements are presented in accordance with United States Generally Accepted Accounting Principles (US GAAP) and appropriate financial variance analyses are provided timely to management; and
- Developing strong working relationships with coworkers and other departments.
Provides general assistance and support to the GL Supervisor and Accounting Manager by preparing ad hoc reports and financial analysis by:
- Providing useful, timely, and accurate analysis of financial results and information to Accounting Management, VMI Operational Management, and Distribution partners;
- Writing quarterly balance sheet fluctuation narratives to support the external financial reporting process and external audit; and
- Participating in daily/weekly supply chain meetings to explain results of analysis and identified solutions.
Provides, suggests, supports and implements alternatives to work processes that will increase efficiencies and quality of financial results by:
- Developing strong understanding of VMI accounting and VMI business processes;
- Identifying process inefficiencies and helping to support the identification of the underlying root causes;
- Partnering with other finance and non-finance groups to support design and implement process improvements;
- Continually identifying, designing, and implementing best accountant practices and process improvements and explaining processes and techniques throughout each VMI operation; and
- Interacting with accounting and supply chain to help drive change and gain commitment and buy-in for the new processes
The position responsibilities outlined above are in no way to be construed as all encompassing. Other duties, responsibilities, and qualifications may be required and/or assigned as necessary.
Quantitative Dimensions:
Decision Making:
The VMI Accountant is self-motivated, has excellent organization, problem solving and reasoning skills in order to make logical day-to-day departmental decisions with limited involvement from management. This employee works independently, as well as partners with the GL Senior Accountant and the Operation VMI team.
Supervisory/Lead
Responsibilities:
The VMI Accountant has no direct reports.
Scope of Position:
The VMI Accountant spends the majority of his/her time performing accounting-related activities for the Company, primarily reconciling VMI inventory. This includes overall management of VMI invoices and shipping reports, along with general accounting.
Position Requirements
Knowledge, Skills, and Abilities:
Required:
- Demonstrated knowledge and understanding of consignment inventory process
- Ability to meet tight deadlines with strong organizational skills and attention to details
- Excellent interpersonal and oral/written communication skills with the ability to relate well and cooperate with all departments
- Ability to work independently or as part of a team to achieve group goals
- Demonstrate ability to complete multiple tasks concurrently while working at a fast pace
- Willingness and ability to take on more projects as required
- Demonstrated advanced skills with the standard features of various personal computer word processing and spreadsheet software (Microsoft Word and Excel, PowerPoint, Outlook, Internet and other proprietary software)
- Strong Microsoft Excel skills, including ability to create and utilize V-lookups, Pivot tables, If-functions
Education/Experience:
- Bachelor’s Degree in Accounting, Finance, or a related field preferred
- 1-3 years of related accounting experience
- Demonstrated experience with ERP systems software (SAP preferred)
- Proficient in Microsoft Access (preferred)
JHMON