Job Summary:
The Senior Accountant is responsible for overseeing and managing financial processes for a portfolio of entities, ensuring compliance with accounting and industry regulations. This role will be involved in monthly financial reporting, daily financial transactions, vendor communications, customer billing & collections, and will assist in other essential accounting activities to support financial decision-making and contribute to the overall financial health of the organization.
About the company:
The UEP Group is the holding company for a network of premier commercial manufacturer representative firms specializing in HVAC venting solutions and mechanical products. We are a team based, solutions focused, full package provider of reliable equipment and quality products that are efficient and competitively priced. The UEP Group has experienced tremendous growth in our headquarters located in the vibrant markets of Washington, DC, and Baltimore, Maryland. Additionally, our presence extends across key regions in Florida, Texas, and California. In line with our steadfast pursuit of expansion, The UEP Group has recently enhanced its portfolio by welcoming an industrial representative firm into our family. This strategic move bolsters our capacity to enrich the lives of both our esteemed team members and valued customers.
At The UEP Group, we value a strong work ethic, trusted subject matter experts, exceptional quality of work, and dependable team players. Our values and beliefs are critical to the success and growth of the business, and they were all created with a unique cultural foundation.
Does this sound like you? If so, apply!
Detail-Oriented Analytical Diligent Accurate Precise Sincere
Key Responsibilities:
Cash Management:
- Weekly management and assessment of cash across a portfolio of companies and bank accounts.
- Compare payable listings to cash availability to determine payments released weekly
- Reconcile bank accounts to cash listing, identify and solve discrepancies
- Record complex intercompany transactions across the portfolio as well as international currencies using daily exchange rates
Financial Reporting:
- Produce monthly financial reports for a portfolio of entities, adhering to industry standards and reporting deadlines. This includes accruals, prepaids, deferred income review, balance sheet reconciliations, and P&L review.
- Identify and explain financial variances
- Communicate with project managers as well as the finance team to guide month end close process
Accounts Receivable & Collections:
- Oversee and manage collections efforts, adhering to established company collection procedures.
- Work closely with customers and internal teams to resolve discrepancies and disputes.
- Present aged receivable reports to project managers with strong understanding of customer collection efforts and relationships
- Collaborate with internal project management team to create and send customer invoices from sales orders.
- Respond to client inquiries on open balances, which may include negotiating payment plans. Vendor & Banking Communication:
- Liaise with vendors regarding outstanding invoices and coordinate payments to maintain positive relationships
- Communicate with banking partners regarding treasury functions and cash management needs.
- Produce required reporting to bank, including a monthly Borrowing Base Report
Qualifications & Skills:
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field (Required)
- 3+ years of experience in accounting with experience in financial reporting; construction or manufacturing (Preferred)
- Excel proficiency (Required)
- Strong knowledge of accounts receivable and accounts payable processes
- Experience with business banking platforms (Preferred)
- Proficiency in accounting software and ERP systems; experience with NetSuite is a plus.
- High attention to detail with excellent analytical and problem-solving skills.
- Strong communication and negotiation skills for effective collections and vendor management.
- Ability to work independently while collaborating with cross-functional teams.
Physical demands and work environment:
- Work is primarily in an office environment.
- Successful candidate must be able to operate standard office equipment.
- Must be able to use a computer to access, input and retrieve information.
- Reasonable accommodations can be made to enable individuals with disabilities to perform essential functions.
