Accountant II

Job description
Summary

The Accountant provides local accounting and finance support to Controller to ensure that local finance and accounting functions are executed in compliance with both Justice Grown policy and GAAP. This role performs a variety of finance and accounting functions including AP/AR, invoicing, inventory, financial reporting and cash management. This role also works jointly with the Site General Manager to ensure on-going communication and effective working relationships between site management and the national accounting team.

Essential Functions and Responsibilities

Reporting/Budgets
• Issues timely, complete and accurate financial statements and reports for the assigned site(s) (monthly, quarterly, and annual)
• Assists in reporting weekly, monthly and quarterly sales results
• Ensures the integrity of accounting information by recording, verifying, consolidating, and entering transactions.
• Prepares and records asset, liability, revenue, and expense entries by compiling and analyzing account information.
• Maintains and balances subsidiary accounts by verifying, allocating, posting, and reconciling transactions and resolving discrepancies.
• Maintains general ledger by transferring subsidiary accounts, preparing a trial balance, and reconciling entries.
• Summarizes site financial status by collecting information and preparing balance sheet, profit and loss, and other statements.
• Reconciles accounts and reviews monthly financials for assigned sites
• Assists as needed with inventory counts, and reconciliation for all inventory and materials to include supplies, ******** products, and office equipment, etc. to ensure accurate financial reporting
• Performs other related duties as assigned

Budget Management
• Collaborates with the Site Management Team to prepare local budgets by providing supporting information and, historical expenditure data; or, research support
• Assists Site Management in measuring performance against established budgets; and, identifying potential budgetary risks/mitigation strategies based on operational changes or adjustments
• Assists in developing recommendations for improvement and cost savings activities

Cash Custodian
• Serves as the cash custodian for assigned facility ensuring that all transactions relating to cash handling and bank deposits are performed in full compliance with company policies, procedures, and practices.
• Ensures cash on hand and bank reconciliations are completed in a timely and accurate manner
• Ensures all cash deposits comply with bank restrictions relevant to denominations, deposits, and transport
• Reconciles cash deposits with sales records and bank deposits
• Performs monthly bank account reconciliations for site accounts
• Manages the processing of cash receipts (including high volume physical cash handling)

Policies Controls & Compliance
• Serves as the local subject matter expert on internal controls, accounting processes, and GAAP.
• Maintains documented local procedures for performed functions to ensure business continuity
• Supports the Financial Controller in establishing, implementing and executing financial policies, procedures, controls and reporting systems
• Provides outside auditors with assistance and gathers necessary account information and documents to perform the annual audit
• Files tax forms with federal, state, and local government agencies
• Assists accountants with tax reporting (10++s, property taxes and excise taxes)
• Monitors and enforces GAAP compliance within the assigned site management on required actions