Senior Accountant Gross Margin

Description:

Job Overview

The Senior Accountant is responsible for ensuring revenue and cost of revenue transactions are accurately recorded and reported on a consolidated basis. This role supports billing, accounts receivable, inventory accounting, financial reporting, and month-end close processes while ensuring compliance with GAAP and internal controls.

Key Responsibilities

Revenue, Billing & Accounts Receivable

• Prepare and issue customer invoices in accordance with contracts, fuel sales agreements, and services rendered.
• Review billing data for accuracy, completeness, and compliance with company policies and procedures.
• Collaborate with the Commercial team to resolve invoicing discrepancies in a timely manner.
• Maintain and update billing records and customer account information.
• Process billing adjustments, credits, and refunds as necessary.
• Monitor accounts receivable aging and follow up on past-due balances to support timely collections.
• Communicate directly with customers to resolve billing and payment issues.
• Prepare and reconcile revenue and deferred revenue accounts in accordance with GAAP revenue recognition standards.
• Reconcile accounts receivable subledger to the general ledger monthly.
• Generate revenue, AR aging, and collection reporting for management review.
• Support month-end and year-end close processes, including journal entries and supporting documentation.

Inventory & Cost of Revenue

• Support inventory accounting across multiple divisions.
• Consolidate inventory reports and ensure consistency across entities.
• Prepare intercompany inventory elimination and consolidation entries.
• Review and analyze general ledger accounts to ensure accurate monthly and year-end balances.
• Assist the Controller and department managers in preparing gross margin budgets.
• Verify accuracy of operational scorecards, including volume statistics and key business indicators.
• Support internal controls related to inventory accounting and valuation.

General Accounting & Support

• Assist in documenting and improving departmental procedures and cross-functional workflows.
• Identify opportunities to streamline processes and improve efficiency.
• Support internal and external audit requests.
• Complete special projects and other duties assigned by the Controller.

Requirements:

• Bachelor’s degree in accounting (required).
• Minimum of five (5) years of progressively responsible accounting experience.
• Public accounting experience preferred.
• CPA or CPA candidate preferred.
• Experience with SAP or similar ERP systems preferred.
• Demonstrated ability to manage multiple priorities in a deadline-driven environment.
• Advanced proficiency in Microsoft Excel; working knowledge of Word and PowerPoint.
• Strong understanding of GAAP revenue recognition principles.
• Knowledge of ERP integration and workflow automation.
• Familiarity with internal controls over inventory and financial reporting.
• Ability to work independently while contributing positively to team objectives.
• Strong analytical skills and sound judgment in decision-making.
• High level of integrity and ability to maintain confidentiality.
• Strong communication and interpersonal skills.