Senior Accountant: Schunk of North America

Reports To: President/Managing Director

Job Purpose

The Schunk of North America (SNA) Senior Accountant is to coordinate all financial transactions and activity for the business.  In addition, the Senior Accountant is a liaison with each of the SNA subsidiaries.

Authority Statement

The position listed empowers the Incumbent with the authority to execute all duties and responsibility listed below. In the event of a conflict of authority, the Incumbent shall elevate to the President/Managing Director (MD) for resolution.

Duties and Responsibilities

• The position is responsible for reporting financial results and current economic conditions of the business to MD or others designated by MD.
• Maintain and manage all banking and cash management, including SNA & subsidiary credit cards, coordination with Parent Company loan payments and intercompany activity.
• Initiate, approve and release banking template, wires and ACHs, based on the segregation of duties policies established by the Parent Company.
  1. Establish secondary banking initiators, approvers and release wire employees.
•  Overall management of the financial systems and internal controls for the holding company.
• Assist with securing, planning and managing the annual holding company audits and tax return preparation.
• Assist with transfer pricing and research & development tax credit projects.
• Will assist in advisement to management on desirable operational adjustments due to tax code revisions.

• Financial - Perform the holding company’s month-end closings, year-end closings, and quarterly CBII activities.
  • Send the monthly interest billings to the SNA companies.

1. Assist in the approval process of all intercompany loans.
2. Help develop the annual Budget generation, P&L/Balance Sheet/Cash Flows

• Payroll - The SNA payroll should be managed by the SNA accountant.
  • Timekeeping and running of the payroll for SNA.
  • The HR personnel counts for Germany should be submitted by the SNA accountant.
  • Prepare journal entries for payroll for SNA and WNA (Weiss Technik North America (Grand Rapids and Cincinnati)).
• Benefits - The SNA and WNA benefit allocation should be managed by the SNA accountant.
  • Prepare journal entries for benefits for SNA and WNA (Weiss Technik North America (Grand Rapids and Cincinnati)).

• 401k Plan - The 401K administration should be managed by the accountant.
  1. The annual audit of the plan needs to be managed by the SNA accountant.
  2. Approve terminations and withdraws.

• Manage Group insurance portfolio renewals/claims and billings for SNA and WNA.

• Work with HR administration to administer benefits for the SNA team.
• Approval of the Vendor Master changes for all SNA companies.
• Other assignments from MD.

Qualifications

• Effective communication skills (oral and written)
• Accounting or Finance Bachelor’s Degree preferred
• 5-7 years’ experience in related field
• MBA and/or advanced degree a plus
• Experience in communicating and making presentations to management
• Ensure compliance to Schunk Group policies, guidelines and regulations.

Working Conditions

Mostly stationary work with occasional movement throughout facilities to access files, chambers, office machinery, etc. Works at a desk and a computer screen for extended periods of time.  Some travel time (both car and air) may be involved.

Direct Reports

To be determined by President/Managing Director.