Accounting Associate, Canton

Accounting Associate

Job Category: Accounting / Finance Full-Time On-site Canton, OH 44707, USA Job Details

Key Accountabilities: KRA 1: Customer Collections - Cash receipts and application Daily cash application in accordance with Midwest's banking systems Maintain AR records to ensure that subsidiary ledgers are up to date, credits and payments are applied accurately, and uncollectible amounts are identified and managed.Initiate collections efforts on all delinquent accounts. Escalate delinquent accounts once normal collection efforts have failed. KRA 2: Accounts Payable Process Management Ensure all invoices are entered accurately and timely. Review vendor statements for missing invoices. Contact vendors to resolve discrepancies and request missing invoices.Identify Price and Quantity Variances and work with Purchasing to resolve. Track daily AP Defect data. Establish and set up new vendors within ERP system, including completion of credit applications and obtaining appropriate documentation Maintain vendor cards to ensure payment terms, payment methods, and vendor information are current and accurate.KRA 3: Coordinating Vendor Payments Responsible for creating and processing the weekly payment run, using professional judgment to determine which vendors and invoices need to be paid. Accountable for processing and posting into the ERP system all manual ACH payments, Auto Pull payments, and payments outside of the normal weekly payment run.Create and process ACH payments and upload check positive pay information through bank portal. KRA 4: Document Scanning and Storage Assist with the implementation of Square 9 document scanning software. Promptly scan, upload, and index all vendor invoices, contracts, and key documents into Square 9.KRA 5: Month-End/Year-End Closing Support Reconcile AR and AP subsidiary ledgers with aging schedules, investigating any discrepancies or errors. Aid with Balance Sheet reconciliations under the supervision of Senior Accountant KRA 6: Support and Backup other Finance Functions Assist with additional financial duties as required. Through cross-training, associates are prepared to offer backup and help in various areas of the finance department, which improves both efficiency and adaptability.Key Authorities: Safety is the number one priority at Midwest. The associate has the authority to stop work if they have identified a work hazard or potential safety violation. The associate may submit a near miss report to management without the threat of discipline. This role has the authority to approve credit of $25,000 and under. Any credit above $25,000 should be reviewed and approved by the Senior Accountant or other senior leadership.Initiate communication with market leaders regarding delinquent AR accounts as necessary. Utilize continuous improvement efforts to efficiently and effectively manage existing systems and processes. Update and maintain vendor accounts. Create weekly check run and paying vendors based on established terms.Benefits at Midwest We offer a comprehensive benefits package designed to support your health, well-being, and financial future. This includes: Medical, Dental&Vision Insurance

with multiple plan options and HSA contributions Life Insurance

basic and supplemental coverage Short-&Long-Term Disability

income protection when you need it most Flexible PTO

take the time you need, when you need it 401(k) with Generous Match

automatic enrollment and employer contributions Wellness Program

earn rewards and premium discounts Flexible Spending Accounts (FSA)

for healthcare and dependent care expenses Pre-employment drug screening and background checks are required. The company offers a competitive salary. EOE Qualifications

Skills

Preferred

Good Judgement

Some Knowledge Dependability

Intermediate Critical Thinking

Some Knowledge Verbal Communication

Some Knowledge Written Communication

Some Knowledge Behaviors

Preferred

Enthusiastic

Shows intense and eager enjoyment and interest Team Player

Works well as a member of a group Detail Oriented

Capable of carrying out a given task with all details necessary to get the task done well Motivations

Preferred

Work-Life Balance

Inspired to perform well by having ample time to pursue work and interests outside of work Growth Opportunities

Inspired to perform well by the chance to take on more responsibility Goal Completion

Inspired to perform well by the completion of tasks Education

Required

High School or better. Equal Opportunity Employer This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.