Retail Accounting Manager

Retail Accounting Manager

Level: Experienced Location: Winston-Salem HQ, Winston Salem, NC 27106 Position Type: Full Time Job Shift: Day Education Level: 4 Year Degree Job Category: Accounting Reports to: Vice President of Finance Supervises: AP Lead; AP Analyst

Summary

The Retail Accounting Manager will partner closely with the Retail business units to review and refine their workflows, establishing robust internal controls, and GAAP compliance while acting as a coach to improve business-wide efficiency. In addition, it will lead the optimization of AP functionality, collaborating with IT to drive process automation and eliminate manual process inefficiencies. Reporting directly to the Vice President of Finance, the Retail Accounting Manager plays a critical role in maintaining and strengthening the organization's accounting and financial controls. With high visibility and monthly exposure to the executive team while in tune with business operations to ensure accurate financial reporting, this role is a collaborative catalyst for change, ensuring the organization remains lean, compliant, and strategically aligned.

Essential Job Functions

• Act as a key financial pillar by collaborating with retail business unit partners and IT to ensure operational compliance and process integrity.
• Drive ERP optimization and innovation for retail business units by working with IT to bridge gap between business needs and system functionality to maximize automation and deliver data driven insights.
• Lead month-end, quarter-end, and year-end closing and review activities for retail business units by preparing journal entries, reconciliations, analytics, and ensuring timely resolution of discrepancies.
• Serve as key point of contact for external auditors for retail business units and AP.
• Collaborate to prepare and review financial statements with accompanying notes in accordance with US GAAP for external audit.
• Ensure uncompromising GAAP compliance across all functions.
• Analyze current AP processes to identify inefficiencies and areas for improvement using automation and accounting software.
• Monitor and report on the effectiveness of implemented changes.
• Supervise and mentor the AP Lead and AP Analyst, fostering a culture of progression, technical growth, and proactive problem-solving.
• Oversee the end-to-end AP process, including invoice processing, vendor payments, and reconciliation.
• Assist and guide the AP team in resolving discrepancies with vendors and internal stakeholders.
• Ensure transactions comply with GAAP and internal controls.

Marginal Job Functions

• Assist other personnel as time and knowledge permit.
• Participate in training and meetings as requested.
• Perform other duties as assigned.

Required Skills, Knowledge, and Abilities

• Strong understanding and application of accounting standards (GAAP).
• Focus on continued education and staying current with evolving accounting regulations and industry best practices.
• Detail-oriented with ability to complete work with a high degree of accuracy.
• Strong problem-solving and critical thinking skills to resolve complex accounting and operational discrepancies.
• Strong communication and leadership skills to mentor a team and collaborate with executive leadership.
• Strong organizational skills and ability to prioritize in a fast-paced manufacturing environment.
• Proven track record of process improvement and driving efficiency through technology.

Required Education and Work Experience

• Bachelor's degree in accounting, finance, or a related field.
• CPA or CMA certification.
• Proficiency in accounting software (D365, Medius or similar) and advanced Excel skills.
• Proven experience in general ledger management and staff supervision.

Organizational Responsibility

IFB employees have the responsibility and authority to ensure to produce first-quality products that meet customer requirements.

Equal Employment Opportunity

In compliance with federal law, all persons hired will be required to verify identity and eligibility to work in the United States and to complete the required employment eligibility verification document form upon hire. IFB Solutions provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran status, and disability or genetics.