Accounting Manager, Commercial

Company: Hanes Brands
Location: High Point
Posted on: January 16, 2022

Job Description:

The position, Manager Commercial Accounting, is responsible to accurately record, report and analyze business transactions for Hanesbrands, Inc. The position will work closely with other members of the Commercial Accounting team, as well as employees in Sales, Distribution, Customer Service & Financial Business Support, to ensure that accounting processes are in place to accurately and timely accumulate, record, and report financial data. This position will focus on Revenue and Reserve Accounting, but will also serve as a flexible member of the broader commercial accounting team.
Responsibilities:

• Develop and maintain controls surrounding completeness of revenue transactions such as review of contracts with customers, and distribution controls regarding shipment cutoffs to assure compliance with corporate policies and procedures.
  • Provide governance to SAP OTC account determination for all revenue and contra revenue transactions including, order types, order reasons and set up of price conditions.
    • Analyze key revenue income and balance sheet accounts and investigate and understand major balance sheet reserves or accrual changes.
    • Monitors the month-end revenue close to ensure that revenue is recorded in compliance with new Revenue Recognition standard ASC606 - Revenue from Contracts with Customers.
    • Provides useful information to users of financial statements about the nature, amount, and timing of revenue related transactions.
      • Prepares monthly closings, journal entries, and account analysis. Manage and record all required wholesale and retail revenue related journal entries.
        • Respond to internal and external audit inquiries as requested.
        • Work on multiple financial projects simultaneously. Projects will almost all be time sensitive, so ability to schedule activities and work under pressure is required.
          Qualifications:Minimum Education and Experience Required:
          • Bachelor Degree in accounting or finance required; MBA/CMA/CPA preferred.
          • 4 to 6 or years' experience in Accounting or Finance
          • Ability to multi-task and work independently
          • Good conceptual, critical thinking, analytical, quantitative skills and the ability to problem solve
          • Experience executing and monitoring accounting controls a plus
          • Proficient in Excel and other Microsoft Office Products.
          • Experience using Lawson, Hyperion or SAP (FI/CO) or (Sales & Distribution) a plus.
          • Team player with developed interpersonal, communication (written, oral and presentation), negotiating and leadership skills.
            EOE/AA: Minorities/Females/Veterans/DisabledOnly applicants requiring reasonable accommodation for any part of the application and hiring process should contact us directly:Telephone: 877.999.5553Email: HBI_TA@hanes.com

Keywords: Hanes Brands, High Point , Accounting Manager, Commercial, Accounting, Auditing , High Point, North Carolina