Senior Accountant

The Senior Accountant at Tuckernuck has the responsibility of ensuring the accuracy and integrity of accounting information and subsequent financial statements, by recording, verifying, and consolidating the Company’s monthly transactions. Additionally, the Senior Accountant should perform monthly account reconciliation and trend analysis to further synthesize the Company’s overall results. This includes working closely with team members so that they understand the financial impact of their monthly operations.

This position reports to the Director of Finance. Specifically, the Senior Accountant is responsible for the following major areas:

• Monitor the company’s cash situation daily through PNC bank.
• Review the bank statement daily and ensure that all items are entered timely into Net Suite.
• Monitor vendor payments and work with the buying and finance teams to ensure payments are processed prior to the due date.
• Sales Audit management for online and retail stores. This involves the following:
• Review Shopify payout reports on a weekly basis to ensure all batches settled.
• Reconcile return credits issues with returns received.
• Work with credit card processor, Signifyd and Customer Experience teams to recover any chargeback disputes.
• Reconcile deposits per the Retail Store Bank Statement to cash and credit card sales daily.
• Review and reconcile ‘Undeposited Funds’ account monthly.
• Review and reconcile all cash accounts and credit card account monthly.
• Be alert to future cash needs by reviewing the AP sheet future cash flow needs. This should be reviewed weekly.

• Run the weekly payments meeting with the finance team.
• Review accounts payable disbursements in line with their due dates.
• Allocate all disbursements to the proper accounts in Net Suite.
• Have a detailed understanding of the AP Aging report.
• Prepare other regular disbursements, which occur by agreement, rather than by invoicing. This includes monthly rent payments and contract agreements.
• Work with the Avalara reports to approve the monthly sales tax filings.
• Work with our external parties, including Baker Tilly to manage outstanding tax issues.
• Review sales tax codes of inventory to ensure proper sales tax collection, especially new inventory categories added to the site. This should be reviewed quarterly.
• Work with Avalara and Shopify to correct any sales tax issues that arise.
• Monthly, reconcile the sales tax liability accounts in Net Suite.
• Biweekly review of all tax notices received electronically or by mail.

• The Senior Accountant is responsible performing month end financial close procedures during the first two weeks of the month, including:
• Reviewing all financial transactions such as sweep transactions, bank fees, merchant fees, and transfers.
• Close Accounts Payable and disbursements. Work with all departments to make sure that we are receiving invoices and expense reports in a timely manner to ensure accurate reporting. Review the Aged Trial Balance and reconcile to the GL.
• Prepare monthly journal entries for review.
• Review the reconciled bank statements for cash accounts, including the PNC accounts (operating and loan), the Bank of America account, and the Paypal account.
• Review expenses accounts, specifically for general operating, shipping inventory, and computer and internet, compared to budget and understand the reason for variances between actual results and budget.

• The Senior Accountant will work with the wholesale team to send invoices timely and ensure accurate and complete payments of these invoices.
• She will prepare these journal entries monthly and ensure the corresponding sales are accurately recorded in the financial statements.

• A four-year college degree is required. A major in accounting is required.
• Three or more years of experience, preferably in the apparel or consumer goods industries.

• Proficient knowledge of accrual accounting.
• Strong attention to detail and accuracy.
• Proficiency in using Microsoft Excel®, and Net Suite.
• The maturity to deal with…