Manager, Accounting

The Accounting Manager is responsible for supervising and leading the Accounting Department. We are looking for someone to build and maintain accounting procedures, standard methodologies, and systems for collecting, analyzing and reporting financial information. This individual must have a strong understanding of Generally Accepted Accounting Principles (GAAP). They will also be responsible for leading the accounting team, helping audit and ledger preparation, and supporting other business functions with financial procedures.

The Accounting Manager develops and implements systems for gathering, analyzing, verifying, and reporting certain types of financial information. Solid understanding of enterprise resource planning (ERP) systems is also valuable. The position works with members of the Finance team and other business functions to ensure compliance with organizational and governmental accounting policies and procedures.

Key Responsibilities:

• Manage two cost accountants including work allocation, training, promotion, compliance with internal procedures and controls, and problem resolution.
• Develop expertise with corporate enterprise resource planning (ERP) system and assist with problem resolution for issues related to inventory postings, production order variances and product costing.
• Prepare and review general ledger journal entries and account reconciliations and research unusual items.
• Monitor monthly cost accounting period close activities to ensure timely and accurate close.
• Review balance sheet and income statement accounts for completeness and accuracy and investigate variances.
• Manage standard cost setup and ensure accurate costing and inventory valuation.
• Generate global inventory turns performance reporting by plant for management review.
• Analyze inventory, production and cost of sales variances and provide explanations.
• Develop capitalized variance forecasts using various inputs of manufacturing expense, resource hours, and other cost of sales expense.
• Maintain inventory cycle counting results to support internal controls and audit requirements.
• Evaluate excess and obsolete inventory reporting by plant and prepare quarterly estimate for management review.
• Work closely with internal and external auditors on financial audits and internal controls testing.
• Analyze global product warranty and extended coverage liabilities to ensure accuracy and completeness of accounts.
• Prepare consolidated financial footnote disclosures for inventory and cost of sales components.

Key Performance Measures:

• Accounting staff is trained and can perform their roles
• Accounting procedures are documented and up-to-date
• No material accounting errors or audit findings
• No significant internal control deficiencies

Qualifications:

• Bachelor’s Degree in Accounting or equivalent required 
• 5 years of validated experience in general accounting 
• Understanding of US Generally Accepted Accounting Principles 
• Experience with SAP or comparable ERP system 

• Outstanding digital literacy; expertise with Microsoft Excel 
• Strong problem solving and analytical skills 
• Excellent written and verbal communication skills 
• Ability to function well in a team-oriented environment 
• Prior management experience is preferred.

Experience:

• 4-6 years of experience in financial analysis and/or accounting
• Understanding of US GAAP Principles
• Experience with SAP or comparable ERP system
• Exceptional computer skills; expertise with Microsoft Excel

Scope Factors

• Responsibility is primarily Allison Transmission US inventory and costing.  Will collaborate with international plant locations.
• 2 direct reports

If you are an individual with a disability or a disabled veteran requiring assistance and/or reasonable accommodations reviewing any of the careers information, please contact us at 317-242-5000. 

Please note that Allison Transmission will make an offer of employment only to individuals who have applied for a position using our official application. Be on alert for possible fraudulent offers of employment. Allison Transmission will not solicit money or banking information from applicants.