Accounting Analyst

About Our Opportunity

On an individual rotation basis or part of a team effort, provide accounting service and support to internal and external customers primarily in the areas of Accounts Payable, Accounts Receivable, Corporate Credit Card Program, Fixed Assets, Tax, Leasing, General Ledger and Account Reconciliations.  This position is expected to prepare or verify a variety of complex accounting, statistical, and narrative statements or reports requiring extensive analysis and interpretation of data.  Identify financial issues by coordinating with other departments, vendors, and AgriBank Treasury to develop appropriate solutions. Organize and prioritize work to meet processing deadlines.  This position is also responsible for training other staff (Louisville and retail offices) and supporting/participating on Association Business Plan project teams and initiatives.

How You Will Spend Your Time

•    General Accounting: Establish and maintain effective accounting control; streamline and maintain the accuracy of both normal and complex accounts; process monthly accruals, amortization of expenses, submit and approve adjusting and reclassification journal entries, if necessary; assist with the day to day, monthly and year-end operations of the Corporate Accounting and Finance Team; analyze reconciliation review process for control deficiency and recommend revisions; assist with the review and approval of reconciliations; assist with accounts payable transactions so that all invoices and staff reimbursements are paid accurately and in accordance with company policies and procedures; provide support to the Director of Corporate Accounting by monitoring compliance with applicable standards (i.e. GAAP), rules, regulations and systems of internal control through collecting data to assess accuracy and integrity; analyze and interpret data to produce complex reports; provide support to Louisville office audits conducted by external auditors (Price Waterhouse-Coopers) and regulators (FCA) as needed; assist with the recommendation and implementation of departmental accounting systems and procedures; make recommendations on the implementation of departmental accounting system revisions to increase efficiency and effectiveness.

•    Fixed Assets: Conduct entries by recording the cost of newly-acquired fixed assets (both tangible and intangible) and capital assets , track existing fixed assets, record depreciation, and account for the disposition of fixed assets; maintain property tax records; investigate assets for potential obsolescence; perform month end/ year- end activities and account reconciliation work; ensure compliance with applicable standards and association’s policies and procedures; provide support during both internal and external audits.

•    Lease Accounting: Determine the proper accounting treatment in accordance with (ASC 842) through analyzation of contracts pertaining to real estate, equipment, automotive, and other leases, monitor all necessary related journal entries for accuracy; assist in researching and interpreting accounting literature to determine the appropriate accounting treatment for various lease issues that arise and to write effective memos on these issues to help facilitate communication; work closely with internal and external auditors regarding the company's accounting for leases, including acquisitions and dispositions; communicate necessary lease-related accounting adjustments to other groups and coordinate with other groups for a timely flow of information; perform ad-hoc projects and analysis to help support certain decisions, issues, and to assist in other group's goals and task; perform lease servicing actions and prepare accounting entries that involve complex calculations and transactions; audit complete lease transactions for accuracy; review and approve reconciliations; assist with recommendation and implementation of lease accounting system; understand and implement process for both quantitative and qualitative disclosures under ASC842; understand and implement process for new revenue recognition (ASC606).

•    Tax Accounting: Analyze and interpret data to produce vendor and customer tax statements; ensure compliance with IRS reporting requirements; correspond with the IRS and other tax authorities to resolve notices; reconcile general ledger and tax reporting databases to sub-ledger systems; prepare lease M1 tax file and verify depreciation expense and deferred tax liability; assist in researching and interpreting tax literature to determine the appropriate actions for various tax issues that arise.
 

Minimum Education & Experience

Bachelor’s degree in accounting or finance, plus two to three years progressively responsible and related experience. Strong Excel, Access, PowerPoint and Word skills. Graduate degree or equivalent in finance, accounting, business or related field and/or professional certification (ex. CPA, CFA, CTP or CMA) desirable. Experience in financial services industry preferred.

Mental & Physical Requirements