Accountant

Manager - Accounting

Grade: G10

Minimum Salary: $64,368 (commensurate with experience)

Exempt

JOB SUMMARY

Involved in the activities of the accounting department including accounts payable, accounts receivable, cash management. Coordinate as appropriate with fixed assets, projects and payroll. Interpret and analyze general ledger financial information including reconcilements. Maintain comprehensive thorough knowledge of accounting and financial internal controls, accounting, and audit objectives. Develop and create queries, work instructions, and analysis tools. Sustain technical and in-depth user knowledge of accounting systems for testing and upgrades and recommendations for improvements.

ESSENTIAL JOB FUNCTIONS

ACCOUNTS PAYABLE

Develop and support policies/procedures relating to accounts payable. Ensure accurate banking information for employee reimbursements. Maintain accuracy of 1099 reporting on AP transactions.

Maintain and report retainage, including escrow accounts. Verify and analyze capital construction retainage projects and/or escrow. Produce weekly check and EFT batches.

Provide technical, historical, and analytical assistance including responses to resolve issues that arise within the business system, System testing with BSA, IT personnel and external contractors.

Provide guidance and support to Accounting Specialist. Assist external auditors for timely completion of audit and report.

Manage and research all types of invoices and payments as necessary. Monitor, review and verify accuracy of journal entries, generating journal entries for posting.

Collaborating with HR personnel on calculations of payments for various payroll deductions. Reconcile accounts payable accounts.

Produce monthly open checkbook for publication on Company website. Create new suppliers and maintain supplier database including the setup of electronic payments.

ACCOUNTS RECEIVABLE

Maintain a working knowledge Customer Care & Billing including service rules and regulations. Analyze and reconcile customer accounts.

Void checks and cancel AP transactions, stop payment at bank for voided checks, collaborate on sending transactions to abandoned property, cooperate with other accounting personnel on escheatment process.

PAYROLL

Backup Payroll Administrator - must be able to perform all duties as payroll administrator.

CASH MANAGEMENT

Provide information on outgoing monies to appropriate accounting personnel, including Manager of Accounting. Make bank approval decisions on positive pay exceptions based on payment analysis.

OTHER

Maintain knowledge, understanding and interpretation of GAAP and all policies and procedures and ensure compliance as it relates to accounts payable.

Take ownership of processes assigned and ensure policies, procedures, work instructions, etc. are properly followed, documented and maintained.

Provide functional advice and guidance to less-experienced accounting positions and assist with cross-training, as necessary.

Communicate regularly and effectively with vendors and customers, both internal and external.

Apply appropriate trouble shooting skills and resolve problems with accounting and accounting systems.

Identify, recommend, implement and document department and operational improvements.

Produce ad hoc reports as required and/or requested.

Participate in department and cross-functional teams to achieve individual and team goals, as well as other Company initiatives.

Perform other duties as assigned.

Cross-train and provide back-up support to others in the department.

WORKING CONDITIONS

Generally, works a 40-hour week in an office environment. Additional hours can be anticipated to meet the deliverables associated with the month end financial closing deliverables, the annual financial statement audit, and the annual report preparation. Occasional travel between various local company locations may be required

MINIMUM QUALIFICATIONS

Bachelor's degree in Accounting, Finance, or Business Administration; and

three (3) years' experience as an Accountant or Financial Analyst; and

Valid driver's license.

Louisville Water 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 characteristic protected by federal, state or local laws.