Procurement Accountant

Procurement Accountant

Requirements

• The Procurement Accountant will be required to become securities licensed (Series 6) within the first nine months of employment.
• Bachelor’s degree in Accounting, Finance or Business.
• Ability to understand and apply highly technical accounting policies.
• Ability to work independently, handle multiple tasks and respond to changing priorities in a deadline-oriented environment.
• Excellent team player capable of working with people of varying levels and bringing multiple groups together.
• High level of analytical and organizational skills with strong attention to detail.
• Excellent verbal and written communication skills including the ability to prepare, edit, and deliver procedures and training material.

Responsibilities

• Administer the Capital Expenditure Policy, including submission and approval, accounting, tracking, and reporting of projects.
• Consult with Accounting Policy team as needed to ensure appropriate accounting treatment of purchases.
• Coordinate with various business areas to determine project status on an ongoing basis, monitor costs, and record the appropriate journal entries to the general ledger.
• Prepare reconciliations and related documentation for financial reporting purposes.
• Administer Fixed Assets Policy. Review purchases and determine appropriate accounting treatment.
• Approve fixed assets capitalization, transfers, and disposals using Workday Business Assets.
• Approve monthly reconciliations and prepare quarterly reporting.
• Provide accounting guidance to other areas of the Company.
• Review and maintain equipment and building contracts in Lease accounting software.
• Ensure accounting is in compliance with regulatory requirements.
• Prepare monthly journal entries, reconciliations, and quarterly and annual lease disclosures.
• Attend project meetings to provide direction and obtain all necessary information for corporate accounting and disclosure purposes.
• Review vendor correspondence and assist in resolving discrepancies.
• Work with Accounts Payable team to ensure rental payments are made timely and accurately.
• Prepare area specific journal entries and reconciliations as part of the month and year end close procedures.
• Produce balance sheet variance analysis on a quarterly basis.
• Participate in Workday functionality testing bi-annually.

Preferred Qualifications

• 4-5 years’ experience in corporate fixed assets, capital projects and leasing.
• CPA designation.
• Intermediate to advanced Microsoft Excel skills.
• Workday Financials (General Ledger/AP/Purchasing) and Blackline reconciliation experience.