Sr. Accountant - AP

Sr. Accountant - AP

Mitsubishi Heavy Industries America, Inc. (MHIA) is looking for a Sr. Accountant - AP to join our team. This is an onsite role based out of our Houston Headquarters in the Galleria District.

Scope:
The Senior Accountant – AP is responsible for all accounting activities related to accounts payable. The role will manage month-end, quarter-end and year-end closing processes, and coordinate with affiliate businesses regularly, including auditors during audits. This involves preparing detailed financial reports, analyzing financial data to identify trends and discrepancies, providing recommendations for process improvement and ensuring compliance with general accounting standards and internal policies and processes.

The ideal candidate will have at least 5 years of accounting experience.

• Execute, communicate and enforce processes and controls to be used in accounts payable.
• Ensure accounting records in Profit Centers are properly booked and reclassify, if needed.
• Prepare and or review Monthly and Quarter Close Journal Entries (Accruals, Prepaid, Departmental costs, etc.) with support from BPO RTR Team and working closely with Accounting Manager.
• Provide support with accounts payable functions:
  Manage, review and process weekly AP check runs, ACH, Wire Payments, Bank Transfers as prepared by BPO PTP Team.
• Process Ad Hoc Payments without BPO Support Team when required:
  Emergency Payments.
• Act as Vendor Liaison and Local Administrator for AP Processing in CORA and COUPA (MHI AP Processing Systems).
• Monitoring user permissions, vendor master registration in SAP as prepared by BPO PTP Team.
• HQ Administrator Role to enable invoice approvals in CORA and final reviewer in Coupa before invoices interface into SAP for payment.
• Review and update all standard operating procedures (SOPs) with BPO for Accounts Payable, General Ledger and cash pooling Management.
• Support Tax Analyst with preparation of Forms 1099, 1042, W9, W8 BENE as information is sourced from AP Master Data and reports.
• Review and approve monthly General Ledger Account Reconciliations in Blackline.
• Support Accounting Manager with Inter Company Reconciliation with respect to Accounts Payable by managing a clean Ageing Report and ensuring Vendor Accounts are cleared timely.
• Support in the reconciliation of MHIA Group Benefits and ensure accounting aspect is correctly recognized for both 3rd parties and affiliates.
• Assist with Weekly/Monthly Bank Reconciliation preparation with respect to ensuring all AP/ Payments are properly reflected in SAP.
• Work with MHIA divisions to collect and compile forecast data to be utilized in Coupa Treasury Liquidity Planning.
• Act as Administrator of Bank Portal and Coupa Treasury by managing access for HQ Team and handling Coupa Treasury management.
• Responsible for monthly and quarterly Actual Cost versus Budget Department cost report to HQ and Corporate shared services cost centers
• Responsible for Monthly Variance Review by SBU (Actual versus Prior Year) before month end close – Income Statement and balance sheet.
• Participate in any variety of meetings and work groups to integrate activities, communicate issues, obtain approvals, resolve problems, and maintain specified level of knowledge pertaining to new developments, requirements, and policies.
• Interact with different levels in organization, Directors, Managers, to investigate expenses variances and support enquiries from stakeholders.
• Weekly review of P/L data to ensure accuracy of items booked/interfaced into SAP.
• Analysis provide a detailed review of P&L that reports on trends and expenses, as requested by Accounting Manager after closing.
• Support financial objectives by supporting FP&A tasks and overall goals.
• Compliance Serve as main point of contact for Accounts Payable to External Auditor to provide support documentation and support with requests from Internal Audit for JSOX.
• Collaborate with the Tax Department to provide information and records, as needed.

Education Requirement:
Bachelor's degree in business, Finance, Accounting, or related field; or equivalent combination of education and experience.

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