Supports the accounting team with the month-end closing and related tasks. Works with the Corporate Controller and CFO to manage company costs, assist in the preparation of budgets, develop cost ...
Supports the accounting team with the month-end closing and related tasks. Works with the Corporate Controller and CFO to manage company costs, assist in the preparation of budgets, develop cost ...
Supports the accounting team with the month-end closing and related tasks. Works with the Corporate Controller and CFO to manage company costs, assist in the preparation of budgets, develop cost ...
Supports the accounting team with the month-end closing and related tasks. Works with the Corporate Controller and CFO to manage company costs, assist in the preparation of budgets, develop cost ...
Staff Accountant
West Des Moines, IA · On-site
$70K - $80K/yr
... accounting operations, and helping ensure timely month-end and year-end reporting. The ideal ... closing tasks, including balance sheet account verification, selected income statement analysis ...
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Staff Accountant
West Des Moines, IA · On-site
$70K - $80K/yr
... accounting operations, and helping ensure timely month-end and year-end reporting. The ideal ... closing tasks, including balance sheet account verification, selected income statement analysis ...
Accounting Specialist
Des Moines, IA · On-site
$57K - $60K/yr
Recording and accounting for all receipts received by the Conference, including the recording of ... month end, year-end closing, audit preparation, and financial statement preparation * Complete ...
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Accounting Specialist
Des Moines, IA · On-site
$57K - $60K/yr
Recording and accounting for all receipts received by the Conference, including the recording of ... month end, year-end closing, audit preparation, and financial statement preparation * Complete ...
Senior Accountants
$45K - $60K/yr
Performs month-end closing and reconciliation * Reconciles, investigates, corrects, and adjusts accounting information * Performs bank reconciliation * Supports department peers as needed ...
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Senior Accountants
$45K - $60K/yr
Performs month-end closing and reconciliation * Reconciles, investigates, corrects, and adjusts accounting information * Performs bank reconciliation * Supports department peers as needed ...
Staff Accountant
$40K - $55K/yr
Performs month-end closing and reconciliation * Reconciles, investigates, corrects, and adjusts accounting information * Performs bank reconciliation * Supports department peers as needed ...
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Staff Accountant
$40K - $55K/yr
Performs month-end closing and reconciliation * Reconciles, investigates, corrects, and adjusts accounting information * Performs bank reconciliation * Supports department peers as needed ...
Senior Accountant
$40K - $55K/yr
Performs month-end closing and reconciliation * Reconciles, investigates, corrects, and adjusts accounting information * Performs bank reconciliation * Supports department peers as needed ...
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Senior Accountant
$40K - $55K/yr
Performs month-end closing and reconciliation * Reconciles, investigates, corrects, and adjusts accounting information * Performs bank reconciliation * Supports department peers as needed ...
Entry-Level Accountant
Marengo, IA · On-site
$45K - $60K/yr
Performs month-end closing and reconciliation * Reconciles, investigates, corrects, and adjusts accounting information * Performs bank reconciliation * Supports department peers as needed ...
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Entry-Level Accountant
Marengo, IA · On-site
$45K - $60K/yr
Performs month-end closing and reconciliation * Reconciles, investigates, corrects, and adjusts accounting information * Performs bank reconciliation * Supports department peers as needed ...
Entry-Level Accountant
$40K - $55K/yr
Performs month-end closing and reconciliation * Reconciles, investigates, corrects, and adjusts accounting information * Performs bank reconciliation * Supports department peers as needed ...
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Entry-Level Accountant
$40K - $55K/yr
Performs month-end closing and reconciliation * Reconciles, investigates, corrects, and adjusts accounting information * Performs bank reconciliation * Supports department peers as needed ...
Accountant | Corporate
Marengo, IA · Hybrid
$45K - $60K/yr
Bachelor's degree in accounting or finance * 1-2 years of accrual basis accounting working experiences including accounts receivable, journal entries, month-end closing and reconciliation, and bank ...
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Accountant | Corporate
Marengo, IA · Hybrid
$45K - $60K/yr
Bachelor's degree in accounting or finance * 1-2 years of accrual basis accounting working experiences including accounts receivable, journal entries, month-end closing and reconciliation, and bank ...
Staff Accountant
Larchwood, IA · On-site
$54.50K - $71.90K/yr
... accounting processes including but not limited to the following. Essential Functions Provide exceptional guest service to all customers Assist with month end and year end closing processes Prepare ...
Staff Accountant
Larchwood, IA · On-site
$54.50K - $71.90K/yr
... accounting processes including but not limited to the following. Essential Functions Provide exceptional guest service to all customers Assist with month end and year end closing processes Prepare ...
Accounting Assistant
Charles City, IA · On-site
$17.75 - $23/hr
Run various month-end/quarter-end accounting reports and route for proper approvals to support the month-end closing process * Additional duties supporting department functions may be assigned with ...
Accounting Assistant
Charles City, IA · On-site
$17.75 - $23/hr
Run various month-end/quarter-end accounting reports and route for proper approvals to support the month-end closing process * Additional duties supporting department functions may be assigned with ...
Staff Accountant
$54.50K - $71.90K/yr
... of accounting processes including but not limited to the following. Provide exceptional guest service to all customers Assist with month end and year end closing processes Prepare and maintain ...
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Staff Accountant
$54.50K - $71.90K/yr
... of accounting processes including but not limited to the following. Provide exceptional guest service to all customers Assist with month end and year end closing processes Prepare and maintain ...
Accountant | Corporate
Iowa City, IA · Hybrid
$40K - $55K/yr
Bachelor's degree in accounting or finance * 1-2 years of accrual basis accounting working experiences including accounts receivable, journal entries, month-end closing and reconciliation, and bank ...
Quick apply
Accountant | Corporate
Iowa City, IA · Hybrid
$40K - $55K/yr
Bachelor's degree in accounting or finance * 1-2 years of accrual basis accounting working experiences including accounts receivable, journal entries, month-end closing and reconciliation, and bank ...
Cost Accountant
$60.70K - $81K/yr
Position Responsibilities: Assist in month-end and year-end closing of financials, specifically on ... Cost accounting experience required * ERP experience - SAP, Deacom, NetSuite, Epicor Demonstrated ...
Cost Accountant
$60.70K - $81K/yr
Position Responsibilities: Assist in month-end and year-end closing of financials, specifically on ... Cost accounting experience required * ERP experience - SAP, Deacom, NetSuite, Epicor Demonstrated ...
Accounts Payable Clerk
$17.50 - $22.25/hr
Finance/Accounting Reports To: Accounts Payable Director Job Summary: The Accounts Payable clerk ... Ensure compliance with financial policies and procedures. Assist with month-end closing and ensure ...
Accounts Payable Clerk
$17.50 - $22.25/hr
Finance/Accounting Reports To: Accounts Payable Director Job Summary: The Accounts Payable clerk ... Ensure compliance with financial policies and procedures. Assist with month-end closing and ensure ...
Accounting Assistant
Charles City, IA · On-site
$17.75 - $23/hr
Run various month-end/quarter-end accounting reports and route for proper approvals to support the month-end closing process * Additional duties supporting department functions may be assigned with ...
Accounting Assistant
Charles City, IA · On-site
$17.75 - $23/hr
Run various month-end/quarter-end accounting reports and route for proper approvals to support the month-end closing process * Additional duties supporting department functions may be assigned with ...
Cost Accountant
Waverly, IA · On-site
$60.70K - $81K/yr
Position Responsibilities: · Assist in month-end and year-end closing of financials, specifically ... Cost accounting experience required * ERP experience - SAP, Deacom, NetSuite, Epicor · ...
Quick apply
Cost Accountant
Waverly, IA · On-site
$60.70K - $81K/yr
Position Responsibilities: · Assist in month-end and year-end closing of financials, specifically ... Cost accounting experience required * ERP experience - SAP, Deacom, NetSuite, Epicor · ...
Cost Accountant
Waverly, IA · On-site
$60.70K - $81K/yr
Position Responsibilities: • Assist in month-end and year-end closing of financials, specifically ... Cost accounting experience required * ERP experience - SAP, Deacom, NetSuite, Epicor • ...
Cost Accountant
Waverly, IA · On-site
$60.70K - $81K/yr
Position Responsibilities: • Assist in month-end and year-end closing of financials, specifically ... Cost accounting experience required * ERP experience - SAP, Deacom, NetSuite, Epicor • ...
Accounting Assistant
Charles City, IA · On-site
$17.75 - $23/hr
Run various month-end/quarter-end accounting reports and route for proper approvals to support the month-end closing process * Additional duties supporting department functions may be assigned with ...
Accounting Assistant
Charles City, IA · On-site
$17.75 - $23/hr
Run various month-end/quarter-end accounting reports and route for proper approvals to support the month-end closing process * Additional duties supporting department functions may be assigned with ...
Month End Closing Accounting information
What are the key skills and qualifications needed to thrive in Month End Closing Accounting, and why are they important?
To excel in Month End Closing Accounting, you need strong analytical abilities, attention to detail, and a solid understanding of accounting principles, typically backed by a degree in accounting or finance. Familiarity with ERP systems such as SAP or Oracle, proficiency in Excel, and knowledge of GAAP are often required. Effective time management, problem-solving skills, and clear communication help professionals manage deadlines and collaborate across departments. These competencies ensure accurate financial reporting, regulatory compliance, and smooth financial operations at the month’s end.
What are some of the main challenges faced during the month end closing process in accounting, and how can they be managed?
One of the main challenges during the month end closing process is ensuring all financial data is accurate and complete within tight deadlines. Accountants often face pressure to reconcile accounts, resolve discrepancies, and gather last-minute information from various departments. To manage these challenges, many organizations use standardized checklists, clear communication channels, and automation tools to streamline workflows and minimize errors. Collaboration with other teams, such as finance and operations, is also crucial to quickly address any outstanding items and ensure a smooth close.
What is month end closing in accounting?
Month end closing in accounting is the process of finalizing all financial transactions for a specific month. This involves reconciling accounts, posting journal entries, reviewing financial statements, and ensuring all revenue and expenses are accurately recorded. The goal is to produce accurate and compliant financial reports that reflect the business’s financial position for that period. Month end closing helps organizations monitor their performance, identify discrepancies, and prepare for audits or tax filings.
What is the difference between Month End Closing Accounting vs Accounts Payable Specialist?
| Aspect | Month End Closing Accounting | Accounts Payable Specialist |
|---|---|---|
| Primary Responsibilities | Reconciling accounts, preparing financial statements, ensuring accurate month-end reports | Processing vendor invoices, managing payments, maintaining accounts payable records |
| Required Skills | Accounting knowledge, attention to detail, proficiency in accounting software | Data entry, organization, communication skills |
| Work Environment | Finance or accounting department, corporate office | Finance or accounting department, corporate office |
| Certifications | Generally requires an accounting degree or CPA certification | Typically requires an accounting or finance background, no specific certification needed |
Month End Closing Accounting focuses on preparing accurate financial reports at the end of each month, ensuring all accounts are reconciled. In contrast, Accounts Payable Specialists handle vendor payments and invoice processing. Both roles require accounting knowledge and work within the finance department, but their daily tasks and focus areas differ significantly.
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$85/hr
Full-time
Posted 10 days ago
Job description
Cost Accountant
Location: Waverly, Iowa
Salary: $85-115K
Job Summary of the Cost Accountant: The Cost Accountant is responsible for analyzing gross profit margins, assisting with the financials, balancing inventory, and reporting results. Supports the accounting team with the month-end closing and related tasks. Works with the Corporate Controller and CFO to manage company costs, assist in the preparation of budgets, develop cost standards, and provide data on operational costs.
Job Duties & Responsibilities of the Cost Accountant:
- Assist in month-end and year-end closing of financials, specifically on balancing inventory, monthly related entries for transfers and variances, etc.
- Calculate and analyze gross profit margins, reporting results to Finance and Operations personnel.
- Work with manufacturing plants on cycle count processes, labor/overhead rates, BOMs and routings.
- Apply cost analysis principles to current company processes in inventory management, gross profit, and reporting.
- Analyze manufacturing costs, labor absorption, and identifying variance and areas of improvement.
- Assist in the calculation of work center rates for manufacturing facilities.
- Review completed shop orders and analyze large variances, including identifying potential changes to processes.
- Perform annual cost roll process, including change analysis, at year-end and on an ad hoc basis.
- Other duties, special projects, and analysis as assigned.
Education & Experience Requirements of the Cost Accountant:
- Bachelor's degree in a related field, accounting preferred
- 5+ years of experience in accounting/finance.
- Manufacturing environment experience
- Cost accounting experience required
- ERP experience – SAP, Deacom, NetSuite, Epicor
- Demonstrated internal and/or external customer service experience and skills
- Strong verbal and written communication and word processing skills
- Familiar with MS Office software including Word, Excel, MS Teams, PowerPoint, and Outlook
- Knowledge of QuickBooks
- Knowledge of ERP systems
- Attention to detail and accuracy
- Proactive self-starter with strong organizational skills
- Organized, able to prioritize, work positively with changing priorities and deadlines
- Skills in filing, operating office machines (keyboard, photocopier, fax, shredder, calculator)