Accounting Analyst

About Source86

Source86 is a leading importer and distributor of high-quality food ingredients in the United States, committed to sourcing sustainable and innovative products from trusted suppliers worldwide. With a focus on exceptional service and efficient delivery, we support our customers in achieving their quality and operational goals in a dynamic food industry.

Role Summary

We are seeking a detail-oriented Accounting Analyst to join our team. This role is essential in supporting the financial operations and ensuring accuracy in our accounting processes. The Accounting Analyst will play a key part in handling daily accounting tasks, reconciling accounts, and preparing financial reports.

Key Responsibilities

Financial Reporting

• Assist in the preparation of monthly, quarterly, and annual financial statements by gathering and consolidating financial data.
• Prepare detailed reports on specific financial metrics, supporting decision-making within the finance team and other departments.
• Support management in analyzing financial results and providing insights into variances and trends.

Audit Support

• Serve as a point of contact for internal and external auditors, providing requested financial documents, explanations, and evidence.
• Prepare and organize supporting documents, schedules, and analyses for audit processes.
• Ensure that all financial activities comply with audit requirements and address any audit findings or recommendations.

Accounts Payable and Receivable Support

• Process vendor invoices, verify details, and ensure timely payments while adhering to company policies and payment schedules.
• Manage customer invoicing, track outstanding accounts receivable, and follow up on overdue invoices to maintain cash flow.
• Reconcile statements with vendors and customers, resolving any discrepancies or issues promptly.

Budgeting and Forecasting Assistance

• Collaborate with the team to develop and update budgets, ensuring alignment with the company’s strategic goals.
• Monitor actual expenses against the budget, identifying variances and communicating findings to management.
• Participate in forecasting exercises by providing accurate financial data and insights to support future financial planning.

Process Improvement

• Continuously evaluate accounting processes and identify areas for optimization to enhance accuracy, efficiency, and compliance.
• Work with finance to implement best practices, automate repetitive tasks, and streamline workflows.
• Stay updated on industry standards and propose new approaches to improve accounting practices within the team.

Compliance

• Ensure all financial operations align with GAAP (Generally Accepted Accounting Principles), U.S. federal, state, and local tax regulations, and any other relevant compliance requirements.
• Stay updated on changes in tax laws and accounting standards to ensure timely and accurate reporting.
• Monitor and assess internal controls regularly, identifying potential gaps and implementing corrective actions to mitigate risks and maintain compliance.
• Assist in preparing and reviewing tax filings, audits, and documentation to ensure compliance with U.S. tax authorities.

Qualifications

• Education: Bachelor’s degree in Accounting, Finance. CPA preferable
• Experience: +3 years of accounting experience, preferably in a similar industry. Public accounting experience (Big Four/large regional)
• Technical Skills: Proficiency in MS Excel. Familiarity with ERP systems is a plus.
• Analytical Skills: Strong attention to detail with the ability to analyze financial data and identify trends or discrepancies. Possesses and applies fundamental accounting and finance concepts, practices, and procedures
• Communication: Excellent verbal and written communication skills, with the ability to work effectively in a team environment.

What We’re Looking For:

• A detail-oriented professional with a solid foundation in accounting principles. Some who is passionate about accounting!
• Strong experience with financial systems, reporting, and reconciliation processes.
• A proactive problem-solver eager to optimize workflows and enhance financial accuracy.

Why Join Source86?

At Source86 , we value growth, innovation, and teamwork. Join our team and be a part of an inclusive culture that encourages professional development and values each team member's contributions to our success.