Staff Accountant

Staff Accountant

Position at Sumitomo Electric Interconnect Products, Inc.

Sumitomo Electric Interconnect Products, Inc., a Sumitomo Electric Group company, is looking for a Staff Accountant in San Marcos (North San Diego Area). This person will provide a multitude of services such as performing a variety of complex bookkeeping, accounting, and clerical tasks. They will be expected to apply accepted accounting procedures to the preparation and maintenance of accounting and other records, and preparing financial, statistical, and management reports.

This person will report to the Accounting Manager.

We are located in San Marcos, CA, and are looking only for local candidates, to perform work on site. Relocation not offered.

The Staff Accountant is responsible for maintaining general ledgers, records, financial reports, preparation and analysis of budgets, performs a variety of complex bookkeeping, and filing. Other roles include preparing financial, statistical, and management reports. This position requires involvement in company/department projects, maintenance of schedules, and provides support while meeting deadlines in a fast‑paced working environment that is quiet.

• The first work week of every month includes key accounting deadlines and corporate financial reporting (3‑day close). To avoid missing critical reporting dates and imposing an undue burden on the other members of the Accounting team, absent unusual circumstances, planned time‑off in the Accounting department must be scheduled and taken outside of the first week of every month. There will be overtime to meet the monthly closing due dates.
• Print daily company cash deposit:
  Citibank on‑line incoming wires, Lock box on‑line checks
• Review and report on daily gross margin and negative margin results to management.
• Process daily credit memos received from Accounts Receivable, Customer Service, RFR's, ICO's and from RMA's.
• Cross‑trained to review and reconcile daily labor Manufacturing direct hours to payroll hours.
• Review daily manufacturing journal entries and post to general ledger.
• Review daily inventory adjustments and cycle counts for coding, validating quantity, descriptions and dollars in order to post to the general ledger.
• Cross‑trained to maintain files on the fixed assets by keeping records, tagging assets, and reconciling to balance sheet accounts after receiving invoices from Accounts Payable.
• Process monthly company non‑A/R billing by preparing invoice for all non‑tubing sales activity such as: office lease, employee support, or non‑conforming billing.
• Daily review of JD Edwards enterprise system integrities to ensure all active company modules sub‑ledgers are in balance to the general ledger and consequently to financials.
• Daily account analysis of purchase price variances.
• Assist in updating of standard purchase prices for inventory in JD Edwards and Japan's PCM (Product Component Management) environment as needed.
• Set‑up company item numbers for new inventory to be purchased and/or manufactured via JD Edwards and Japan's PCM software.
• Review work order bill of materials and router cost for supervisory review and update.
• Review, compute and prepare monthly commissions for direct and point‑of‑sale (POS) sales.
• Review and validate monthly ship & debit credit requests for unit price decreases.
• Prepare monthly account reconciliation and analyses for all balance sheet accounts and expense accounts as required.
• Prepare monthly bank reconciliation analysis.
• Print cancelled checks.
• Prepare and balance monthly labor and overhead applied activity.
• Assist in analyzing and determining inventory reserves for old lot, slow‑moving, non‑moving, negative gross margin and lower‑of‑cost or market.
• Plan and analyze the monthly accounting close by preparing journal entries and subsequent analysis of financial results, including the preparation of reports for management review.
  • Monthly reconciliation of inventory and work‑in‑progress.
  • Multiple journal entries for cash, pre‑paid, accruals, non‑A/R, receipt routing, inventory and others.
  • Complete management reports such as gross margin, sales, manufacturing data…