bk medical Accountant 1 in State College, Pennsylvania
General Summary:Under limited supervision, applies principles of accounting to analyze financial information and prepare financial reports by performing the following duties. The Accountant 1 will report directly to the Accounting Manager. .and.nbsp;Essential Functions:Accounts Receivable:Daily: Process customer shipments from packing lists to invoices.Requires verification of accurate pricing, pack-list approval, generating .and.amp; mailing of invoices.Weekly: Review customer A/R aging and work with customers to resolve past due invoices.As Needed: Maintain Customer Information database, including: bill to addresses .and.amp; payment methodsAccounts Payable:Daily: Post A/P vouchers into ERP system and/or coordinate postings with Acccounting Assistant.Weekly: Assist Accounting Supervisor and Accounting Assistant with A/P disbursements.Yearly (Calendar): Prepare 1099-MISC tax forms.As Needed: Maintain manual checkbook..and.nbsp; Support urgent disbursement needs via petty cash or manual checks.of the company and maintain approved vendor payment method database..and.nbsp; Coordinate with Administrative Assistant 3: timely filing of AP vouchers, payment of AP invoices via company credit card.Cash Management:Daily: Receive, deposit and apply record cash receipts to the general ledger.Record incoming wire transfers to the general ledger.Monitor bank web site for cash balances. Make updates to check register spreadsheet. Monitor and record deposits from the manual checks received log that is updated by the Administrative Assistant 3.Weekly: Verify that Cash Transfers G/L account has $0 balanceAssist Accountant 2Accounting Supervisor with managing Cash entries and bank accounts.Monthly: Prepare bank statement reconciliation spreadsheet(s).General Ledger:Weekly: Processing .and.amp; tie-out of Visual reports versus trial balance.Monthly: Perform steps as listed in the STI Financial Closing Procedures Guidelines.Quarterly (Fiscal):assist with completing corporate schedulesYearly (Fiscal): assist with corporate accounting .and.amp; tax schedulesAs Needed: Assist and/or lead efforts for SOX, internal audit and external audit compliance.Fixed Assets:Monthly: Tie fixed asset software to general ledger..and.nbsp; Prepare fixed asset roll-forward in excel..and.nbsp; Run .and.amp; record depreciation expense.Yearly (Fiscal): Perform physical inventory, summarize .and.amp; record adjustments with Accounting Manager's approval.As Needed: Work with Purchasing Department to insure proper coding of fixed asset purchase orders..and.nbsp; Update fixed asset software with additions/disposals/location transfers..and.nbsp; Prepare and attach asset tags.Payroll:Daily: Document payroll issues for next payroll cycle.Bi-Weekly: Process payroll cycle and prepare related journal entries.Monthly: Prepare payroll accrual and benefits journal entries for fiscal month closing.Yearly (Calendar): Prepare .and.amp; distribute employee W-2's.Customer Orders / Customer Credit Maintenance:Weekly: Update Customer PO log..and.nbsp; Work with Product Owner to resolve non-standard terms with the customer.As Needed: Review/Resolve customer credit issues that prevent order entry, including: max A/R days, credit dollar ceiling..and.nbsp; Update Credit Advisory Log with changes..and.nbsp; Involve/Inform the Accounting Manager to resolve non-standard issues.Returned Material Authorization (RMA):Weekly: Process RMA disposition transactions.Monthly: Prepare summary of RMA activity for Warranty Reserve adjustments.Yearly: Audit customer order database for stale information .and.amp; purge as necessary.