About NGW:
As we prepare to embark on our centennial journey, New Generation Wellness (NGW) is not just marking a milestone; we are celebrating a century of commitment to health, vitality, and positive transformation. For 100 years, we’ve been at the forefront of wellness, pioneering innovation and shaping the future of holistic health. We invite you to be part of our legacy. Joining New Generation Wellness means becoming a part of a dynamic and successful team that values innovation, collaboration, and exceeding the needs of our customers. Here’s to the next 100 years of New Generation Wellness! More importantly, here is to your success!
Position Summary:
The staff accountant is an integral part of the accounting team responsible for several important general accounting functions. This position will assist with month-end close, journal entries, reclassifications, balance sheet & income statement account reconciliations and other areas as assigned. The position requires a broad understanding of accounting principles, effective communication skills and precise analytical skills.
Essential Functions and Basic Duties:
Follow all employee guidelines, practices, policies, and Standard Operating Procedures (SOP’s) to ensure that customer requirements and FDA (or equivalent) regulations are met.
- Prepare Bank Reconciliation statement for at least 4 bank accounts. Analyze the reconciling items for the month and monitor the list of outstanding checks.
- Assist in Month-End Closing process.
- Reconciliation of Intercompany Accounts
- Posting of Accrual/Expense adjustments
- Run the trial balance and reconcile balance sheet account schedule/general ledger.
- Analyze the income statement accounts and post the necessary journal entries (reclassification, reversing)
- Assist in processing AP Invoices cut-off.
- Depreciation adjustments
- Maintain Fixed Asset Schedule and Depreciation Schedule and compilation of fixed asset documentation and supports.
- Prepare lease schedules and monitor the company’s existing lease contract.
- Assist with AR cash receipts, credit note and RMA processing.
- Processing AP invoices for life, medical, dental and vision vendors and assigning the GL to each corresponding cost center/department.
- Processing recurring vendor invoices such as freight, supplies, FSA/401k, utilities, lease, gas card. Includes downloading the invoices from vendor’s online portal and initiating electronic payments.
- Assist in weekly check run – Updating the QC pending reports and preparing check run reports for bank uploads.
- Posting of online payments (ach/wire/e-payments) to vendors (payment application).
- Work on various research projects related to POs, invoices, and payments.
- Prepare monthly commission for sales employees and brokers; quarterly/annual customer’s rebates and incentives.
- Processing of company’s credit card statements. Compilation of back-up support.
- Prepare and file sales/use tax, VAT, commercial activity, business personal property tax and excise tax returns for various companies.
- Assist with internal/external audits.
- Assist in preparing reports for census compliance.
- Prepare Cheyenne industrial park statements.
- Perform other duties as assigned.
Performance Measurements:
Accuracy of Work, Decision Quality, Initiative, Results Oriented, Safety and Teamwork
Qualifications
Education / Certifications:
Bachelor’s Degree from an accredited College or University in Accounting, Finance, or a related field.
Required Knowledge:
- Strong foundation on Basic Accounting Concepts and Principles
- Working knowledge of Generally Accepted Accounting Principles.
- Understands various journal entries posting.
- Knowledge of sales tax, VAT, commercial activity, business personal property tax and excise tax filings.
Experience Required:
- 1-3 years related experience in an accounting-related function, or a combination of education and experience.
- Involve in financial statement month-end closing process.
- Experience with Bank amd GL ledger account reconciliation
- Experience with Commission preparations.
Skills / Abilities:
- Able to prioritize and multitask.
- Be able to effectively communicate to a wide and diverse audience; both verbally and in writing.
- Knowledge of Microsoft suite applications (Excel, Word, PowerPoint).
- Able to manipulate and analyze data through Pivot tables, Xlookup/Vlookup, sumifs and data sorter/filters.
- Must have solid analytical skills.
- Motivated mindset to be involved with several project-based initiatives, be a self-starter and work in an entrepreneurial environment.
- Able to read, analyze and interpret common financial documents and business journals.
