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FE
Forum Energy Technologies
Manager Accounting I
Career Insights for Accounting Manager
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Based on Texas data
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What they do
An Accounting Manager manages the accounting department of a company or organization. Directs the accounting staff that prepare financial statements and business activity and forecasting reports and tax filings. Monitors accounting data. Implements and manages accounting policies and procedures. Advises management with regard to finance decisions.
$146,516 / year median in Texas
+9% projected growth
Job Description
Job Duties/Responsibilities
- Supervise accounting functions and prepare reports and statistics reflecting earnings, profits, cash balances and other financial results.
- Manage and coordinate the full-cycle month-end close process for assigned business units, including manufacturing and distribution operations.
- Prepare, review, and analyze journal entries, account reconciliations, accruals, and financial statements.
- Ensure accurate and timely reporting of financial results in accordance with GAAP and company policies.
- Support annual audits, internal audits, and other compliance requirements.
- Maintain and analyze standard costs, inventory valuation, manufacturing variances, and cost allocations.
- Support and administer Percentage-of-Completion (POC) accounting for long-term projects and contracts.
- Review project estimates, revenue recognition calculations, and cost-to-complete analyses.
- Monitor inventory transactions and ensure accuracy of manufacturing accounting processes.
- Perform monthly forecasting and financial analysis for the Profit & Loss Statement and Balance Sheet.
- Conduct proactive variance analysis and communicate financial risks, opportunities, and recommendations to operations management.
- Partner with manufacturing, distribution, and operational leaders to identify cost-saving opportunities and improve financial performance.
- Develop and maintain financial models, dashboards, and management reporting tools.
- Administer approved accounting practices to ensure financial and operating reports accurately reflect business performance.
- Provide guidance, mentorship, and direction to accounting staff and cross-functional teams.
- Identify opportunities to streamline processes, strengthen internal controls, and improve reporting efficiency.
- Participate in system implementations, upgrades, and continuous improvement initiatives. Required Education & Experience
- Bachelor's degree in Accounting, Finance, or related field.
- 5-7 years of accounting experience with demonstrated progression in responsibilities.
- Experience with Percentage-of-Completion (POC) accounting, cost accounting, and/or manufacturing accounting.
- Strong understanding of GAAP and financial reporting requirements.
- Experience supporting manufacturing and distribution operations. Skills/Knowledge
- CPA, CMA, or equivalent professional certification preferred.
- Experience with ERP systems in a manufacturing environment.
- Prior experience supervising or leading accounting teams.
- Comprehensive knowledge of accounting principles, practices, and financial reporting.
- Experience with both manufacturing accounting and general ledger accounting.
- Strong analytical and problem-solving skills with the ability to interpret complex financial data.
- Excellent verbal and written communication skills.
- Strong interpersonal, organizational, and leadership abilities.
- Experience leading and developing mid-sized teams or cross-functional groups.
- Advanced Microsoft Excel skills, including financial modeling, pivot tables, and data analysis.
- Strong systems experience, including: o Microsoft Dynamics Business Central o Microsoft Dynamics NAV (Navision) o Power BI o OneStream
- Ability to work effectively in a fast-paced, team-oriented environment.
- Strong customer service mindset and commitment to supporting internal stakeholders.