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Senior Accountant

Location: 

Buffalo, NY, US, 14213

Req ID:  25417
Segment:  Finance

Rich’s, also known as Rich Products Corporation, is a family-owned food company dedicated to inspiring possibilities. From cakes and icings to pizza, appetizers and specialty toppings, our products are used in homes, restaurants and bakeries around the world. Beyond great food, our customers also gain insights to help them stay competitive, no matter their size. Our portfolio includes creative solutions geared at helping food industry professionals compete in foodservice, retail, in-store bakery, deli, and prepared foods, among others. Working in 100 locations globally, with annual sales exceeding $3.8 billion, Rich’s is a global leader with a focus on everything that family makes possible. Rich’s®—Infinite Possibilities. One Family.

PURPOSE STATEMENT

The Senior Accountant will lead the monthly financial statement close process and financial reporting support of one of Rich’s strategic sales divisions.  Responsible for maintaining general ledger accounts, preparing necessary information for management reporting, and supporting other accounting related activities.  This position will act as a key finance resource to maintain and develop critical financial systems including SAP and Oracle Hyperion solutions.  The candidate will be provided with broad exposure to Rich’s global food businesses into standardized finance systems, process and procedures.

KEY ACCOUNTABILITIES/OUTCOMES

Preform month end closing duties 

  • Review sales division trial balances.
  • Complete and review necessary month end journal entries
  • Review and research of activity related to travel and entertainment spending.
  • Calculate and process royalty and rebate expenses related to sales activity.
  • Allocate manufacturing spending variances to sales division income statement.
  • Analyze sales division income statement against historical results.
  • Record, monitor, and analyze various project spending related to the management of Rich’s product portfolio.

Complete month end financial reporting

  • Assist with the preparation of Rich’s monthly financial statements.
  • Prepare product and customer profitability statements for sales division decision support.
  • Provide guidance and insight of Rich’s standard financial operating reports.
  • Lead maintenance and enhancement efforts of Rich’s financial reporting systems (software applications include: SAP R/3, SAP Business Warehouse, Oracle Hyperion Financial Management, and Oracle Hyperion Planning).

Lead support of general ledger reconciliation and analysis

  • Update and reconcile balance sheet accounts of sales division.
  • Track and reconcile intercompany activity among Rich’s subsidiaries
  • Assist with the quarterly review of sales division balance sheet reconciliations to support corporate journal entry policy.

Provide sales division leadership with reporting and analysis of sales and marketing spend

  • Prepare monthly analysis of sales division trade show and sales support spending.
  • Report tracking of monthly administrative costs against annual budget.
  • Support reporting of sales division’s advertising spending
    • Create cost objects to track sales division’s projects.
    • Set up and track manufacturing spending related to new/experimental products.
    • Publish consolidated monthly advertising spending report.
  • Research and resolve spending variances to management decision making.

Support finance team with mergers and acquisition efforts 

  • Participate in due diligence projects for food company targets.
  • Audit balance sheet and assess financial risk of food company targets.
  • Assist with integration efforts of acquired companies in Rich’s financial systems.

Develop and report customer profit and loss statements 

  • Reconcile and review customer profitability with sales division team.
  • Publish bi-annual strategic customer profit and loss statements for sales division and executive leadership

Assist with year-end audit activities 

  • Prepare year-end audit schedules for balance sheet accounts.
  • Prepare variance analysis related to revenue and expense groups.
  • Share insight and analysis with Rich’s independent auditor.
  • Review audit packages of various Rich’s subsidiaries

Support ad-hoc projects as required 

  • Complete applicable governmental censuses and food industry questionnaires.
  • Provide quarterly reporting for Rich’s product commercialization team.
  • Participate in other projects in the Rich’s organization.

                     

KNOWLEDGE/SKILLS/EXPERIENCE

•    BS in Accounting
•    At least 5 years of related progressive work experience
•    Strong accounting research and problem-solving skills (GAAP & FASB Accounting Standards Codification)
•    Outstanding verbal and written communication skills
•    Excellent time and self-management skills; ability to prioritize and multitask to meet deadlines
•    Advanced computer skills, including demonstrated ability to use Microsoft Suite, especially Excel
•    Experience with SAP or large-scale ERP is strongly preferred

 

#LI-AD1

Rich Products Corporation, its subsidiaries and affiliates (“Rich’s”), are committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of race, color, religion, creed, national origin or ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, gender identity, sexual orientation, marital status or any other legally recognized protected basis under federal, state, or local law. The information collected by this application is solely to determine suitability for employment, verify identity, and maintain employment statistics on applicants.

 

Applicants with disabilities may be entitled to reasonable accommodation under the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on Rich’s. Please contact Rich’s Human Resources department at asc@rich.com if you need assistance completing this application or to otherwise participate in the application process.

BRINGING YOUR BEST SELF TO WORK.

As a family-owned company, caring for our associates—their whole selves—is a top priority. That’s why we provide benefits and tools to help our people balance the integration of work and life:

  • Competitive compensation
  • Health & financial benefits
  • Paid time off
  • Parental leave
  • Family planning support
  • Flexible work policy
  • Associate affinity groups
  • Volunteering & community impact opportunities
  • Holiday gatherings
  • In-house taste tests (we are a food company after all)!

It’s all part of how we support our family of associates. Because in the company of family, all things are possible.

MEET RICH’S.

Rich’s, also known as Rich Products Corporation, is a family-owned food company dedicated to inspiring possibilities. From cakes and icings to pizza, appetizers and specialty toppings, our products are used in homes, restaurants and bakeries around the world. Beyond great food, our customers also gain insights to help them stay competitive, no matter their size. Our portfolio includes creative solutions geared at helping food industry professionals compete in foodservice, retail, in-store bakery, deli, and prepared foods, among others. Working in 100 locations globally, with annual sales exceeding $3.8 billion, Rich’s is a global leader with a focus on everything that family makes possible. Rich’s®—Infinite Possibilities. One Family.


Nearest Major Market: Buffalo

Job Segment: Advertising, Sales Support, Event Marketing, Marketing, Sales

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