Cost Controller Specialist 1

LG Slovenská republika•Fayette County, OH

About The Position

This role will provide essential analysis of accounting cyclical result, future planning, while administering programs and procedure within the organization, ensuring the accuracy of the organization’s financial and operating performance.

Requirements

Bachelor’s Degree in accounting or finance or other related field required, or equivalent, relevant experience
0 to 3+ years of accounting or finance experience
Knowledge of finance, accounting, budgeting, and cost control principles
Ability to analyze financial data and prepare financial reports
Knowledge of federal and state financial regulations
Knowledge of financial and accounting software applications
MS Office suite
Strong verbal and written skills
Strong interpersonal and critical thinking skills
This role requires 5-10% of travel (domestic)

Responsibilities

Gather, analyze, and summarize budget vs actual comparisons for responsible departments which are analyzed based on professional accounting standards to ensure accurate financial information and to advise management on future activity.
Partner with assigned departments to enhance financial literacy, business acumen, and providing insightful recommendations and analysis to build a cost competitive culture.
Effective and appropriate use of the internal accounting system.
Troubleshoot system for other employees and assist with employee questions regarding corporate cards, reimbursement, travel, etc.
Approval of employee reimbursement, vendor invoices, reporting and tracking expenses based on company policy, best practices, applying situational judgement as required and authorized
Oversee corporate card management program and voucher entry
Prepare for audits and report on audit findings; ensuring understanding of pertinent accounting law and/or standards
Complete month-end duties including recognizing and accounting for expenses, ensuring all data is entered and approved, and communicating with all teams regarding needs
Train other employees in how to use the systems, ensuring materials are current and appropriate
Prepare journal entries and reconcile general ledger and subsidiary accounts; assist in preparing monthly financial statement
Coordinate the preparation of and execute regularly scheduled and special billings
Calculate and prepare reimbursement billings and tracks receivables; reconciles monthly accounts receivable
Preparing and filing annual financial statements; to be included in overall company roll up
Preparation of the annual and mid-year budgets
Work on fixed asset accounting
Report to management about asset utilization and audit results and recommend changes in operations and financial activities
Collect and analyze data to detect deficient controls, duplicated effort, extravagance, fraud, or non-compliance with laws, regulations, and management policies.
Inspect account books and accounting systems for efficiency, effectiveness, and use of accepted accounting procedures to record transactions.
Perform other duties as assigned.