Accountant

Full job description
Description:
Description:

Since our start in 1986, NEC Financial Services, LLC, as a captive finance organization to support the sale of NEC solutions into the US market, we have evolved into a flexible financing source for businesses looking to enhance their efficiency and improve productivity. Our services are used by manufacturers, solution providers, system integrators, resellers, and dealers to support the sale of a wide range of products and solutions to businesses in all fifty states.

Summary:

Plays a key role in controlling and accounting activities of this finance company. Reviews and prepares journal entries, performs account analyses, and reconciles various accounts. Works with parent company in preparing month-end consolidated reporting packages. Uses the company's lease & finance receivable system to fund lease and loan transactions and perform life cycle data maintenance activity. Works with third-party sales tax and property tax vendors to file and pay appropriate taxes. Full cycle accounting with emphasis on lease & finance accounting and revenue recognition. Ability to manage various activities in a fast-paced environment. Performing various other miscellaneous tasks and projects as required by management.

Essential Duties and Responsibilities:

Works with the company's lease & loan receivable system (InfoLease) to fund lease and loan transactions. Performs life cycle data maintenance activity on the company’s investment portfolio – cash applications, write-downs, inventory, restructures, dispositions, renewals, and other contract maintenance items.

Prepares accounting records, documents, and consolidated accounting reports for the company. Analyzes and resolves variances and changes. Compiles and prepares monthly financial statements, reports, and schedules on a regular and ad-hoc basis. Provides information to parent company to aid in corporate consolidation of accounting and financial reporting.

Reviews, prepares, and reconciles journal entries, performs account analyses, and reconciles receivables, fixed asset accounts, and other key balance sheet items. Researches errors, aged items, and discrepancies, and takes corrective action as appropriate. Recommends and implements process improvements.

Ensures the effective control of receivables and payables, the distribution of expenses, and the recording of inventories, fixed assets acquisition, depreciation, and scrapping. Takes exceptional care to verify the bank account details of payees.

Works with vendors who provide sales tax and property tax filings for the company. Monitors and reconciles sales tax payable and property tax receivable accounts. Work with IT in preparing appropriate data filters for exporting data to external vendors.

Monitors the company’s daily cash position to ensure the most efficient use of funds. Borrows and invests as needed after obtaining internal approvals. •

Utilizes the company’s online banking platforms to manage the company’s cash position, debit customer bank accounts for monies owed, and initiate electronic fund transfers.

Monitor bad debt charge-offs and recoveries, and prepares the bad debt expense model to determine the appropriate bad debt provision.

Location:

This position is located in Saddle Brook, NJ. Hybrid work environment with remote work currently set at two days a week.

EEO Statement:

NEC Financial Services, LLC is an Equal Opportunity Employer that does not discriminate on the basis of actual or perceived race, color, creed, religion, national origin, ancestry, citizenship status, age, *** or gender (including pregnancy, childbirth and pregnancy-related conditions), gender identity or expression (including transgender status), ****** orientation, marital status, domestic partnership or civil union status, military service or veteran status, physical or mental disability, atypical hereditary cellular or blood trait, genetic information, or any other characteristic protected by applicable federal, state or local laws.

Requirements:
Education: Bachelor's Degree in Accounting, MBA a plus.

Experience: Minimum of 3 years of accounting experience, preferably within the leasing or banking industry. Working knowledge of applicable US GAAP and IFRS.

Certifications, Licenses, etc.: CPA preferred.

Specialized Knowledge and Skills

Language Skills: Excellent written and verbal communication skills. Ability to also read and speak Japanese is desired but not required.

Mathematical Skills: Skilled in math applications and multiple Excel functions, including data and finance.

Reasoning Skills: Detail-oriented. Must be able to work through multiple levels of transactions in order to present the entire picture. Excellent planning and organizational skills.

Computer/Technical Skills: Experience with InfoLease (lease accounting and receivable system) and Microsoft Dynamics Business Central accounting system. Strong proficiency in PC applications (Office 365) and online computer systems required. Knowledge of SQL report writing is desired but not required.

United States
New Jersey
Saddle Brook Show on map Get directions