Senior Accountant at Race Winning Brands – Lexington, Kentucky

POSITION SUMMARY: The purpose of the role is to be responsible for analyzing financial data, reporting and preparing financial statements to ensure the organization operates efficiently. This includes but is not limited to – monthly, quarterly and annual accounting tasks such as reconciling accounts, preparing reports, forecasts and budgets, and recommending financial actions.

This in-office position is based at Lexington, KY

ESSENTIAL RESPONSIBILITIES: (the following in only a summary of the typical functions of the job, not an exhaustive or comprehensive list of all possible responsibilities, tasks, and duties)

Cash Forecasting

• Maintain a rolling 13 week forecast by individual entity & consolidated for the group(s)
• Provide a weekly report to The President & CFO (others as required) of the 13-week outlook
• Be proactive in ensuring the greatest accuracy possible, for example:
• Keeping up to date with purchase orders movements & drop date estimates
• Maintain an understanding of the cyclical movements for all categories
• Seek information regarding upcoming events, for example bonuses & capex requirements
• Review estimates against actual with the view of reducing future variances

Cash Management

• Allocate bank transactions accurately into categories daily
• Submit a group daily balance report in USD to Race Winning Brands
• Manage intercompany bank balances efficiently, ensuring regular transfers to Australia whilst maintaining minimal subsidiary balances & the Transfer reconciliation

Accounts Payable

• Back up for AP personnel
• Liaising with other departments when regards to urgent payment
• Response to internal & external queries
• Prepares vendor credit application

General Accounting

• Bank reconciliation
• Generate month-end /year-end reports and reconciliations
• Post journals prepared by Payroll/HR
• Prepares prepayments for AUS
• Back up for BAS preparation for all entities
• Prepares bill & invoice for Management & COGS adjustment (month-end)
• Ensure that payroll withholding tax & other statutory for both AUS & NZ are paid on time
• In charge of all intercompany-related activities
• Post required journals & fix incorrect posting
• Review and analyze Balance Sheet & Profit & Loss accounts
• Ensure the accuracy of data entry
• Prepare audit schedules
• Process employee reimbursement

Other Ad-hoc

• Back up for Financial Controller for month-end
• Back up for Accounts Receivable
• Back-up for CFO (Daily sales report)
• Other ad-hoc duties as required

PM21

EDUCATION AND EXPERIENCE:

• 5+ years working as an accountant
• Bachelor of Accounting or Diploma of Accounting
• Sales Tax experience required
• The ability to prepare, interpret and translate financial statements and insights
• Sound knowledge of accounting principles and practices
• Knowledge of business operations and practices
• Proficiency in accounting software
• Understanding of local government and statutory requirements
• Commitment to continued learning
• Intermediate to Advance skills in Microsoft (Excel & Outlook)
• Experience working with an ERP System (Netsuite preferred)

What You Will Get:

• Medical, Dental, Vision Insurance as of Day One
• Employer Paid Life and Disability Insurance
• HSA with Employer Contributions
• 401(K) Retirement Plan with Company Match
• Employee Wellness and Assistance Programs
• Paid Maternity/Paternity Leave
• Paid Time Off
• Up to 10 Paid Company Holidays

EEO Statement:

Race Winning Brands provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristics protected by federal, state, or local laws.