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Divisional Finance - General Accounting Manager

Standard Motor Products

Location: Greenville, South Carolina
Type: Full-Time, Non-Remote
Posted on: November 8, 2024
Divisional Finance - General Accounting Manager
Established in 1919 and traded on the NYSE, Standard Motor Products, Inc. (SMP) is a leading independent manufacturer and distributor of premium automotive replacement parts utilized in the maintenance, repair, and service of vehicles in the automotive aftermarket. Additionally, SMP provides customized solutions for vehicle control and thermal management products in diversified end markets represented by its Engineered Solutions segment.
Globally, SMP employs over 6,000 employees across nearly 40 manufacturing, distribution, and engineering facilities and offices located in North America, Europe and Asia. SMP sells its products primarily to automotive aftermarket retailers, program distribution groups, warehouse distributors, original equipment manufacturers, and original equipment service part operations in the United States, Canada, Europe, Asia, Mexico, and other Latin American countries.
Overview: The Accounting Manager role is hands-on, results driven, & responsible for driving sustainable continuous improvement within the US finance organization. They will play a pivotal role both in ensuring accurate month close financials as well as leading transformation endeavors bringing best-in-class accounting processes to the Company.
Company: Established in 1919 and traded on the NYSE, Standard Motor Products, Inc. (SMP) is a leading independent manufacturer and distributor of premium automotive replacement parts. Additionally, SMP provides customized solutions for vehicle control and thermal management products. Globally, SMP employs over 6,000 employees across nearly 40 manufacturing, distribution, and engineering facilities and offices located in North America, Europe and Asia, with over $1.4 billion in annual sales.
Responsibilities will include:
• Oversight & execution of the domestic payroll & employee/employer benefit costs accounting
• Maintain Ceridian pay code to ledger account mapping & the reconciliation of cumulative earnings per Payroll registers to ledger; collaborating with Payroll for timely resolution
• Oversight & execution of domestic cash transaction recognition, ensure Kyriba posting agrees to the bank statement and A/R aging; and execute entries for non-USD cash
• Oversight of general accounting areas such as marketing & general accruals, segment reporting allocation entries. Inclusive of A/P, A/R & intercompany reconciliations
• Oversight of sub consolidation of certain subsidiaries, in accordance with US GAAP & accounting for intercompany activities & and any related eliminations.
• Assist Tax with recurring and ad-hoc deliverables (e.g. sales tax reports, car lease activity, etc.)
• Support M&A integration by performing set up of new JDE companies, address books, intercompany setup, profile, report templates, as well as necessary cost centers & accounts.
• Monitor ERP’s daily sales posting, ensure any posting errors are recorded & resolved timely
• Assist with identifying & troubleshooting ERP (JD Edwards) issues, when they arise (such as posting errors, currency scripts revisions) & routine review of JDE integrity reports for issues.
• Collaborate with cross-functional teams (FP&A, HR, Legal, and IT) on special projects.
• Monitor identified Key Performance Indicators, with a continuous process improvement mindset
• Assist internal & external auditors; ensure strong control environment is maintained
• Supervise & mentor staff
Experience & Skills for the Role:
• Bachelor’s degree in Accounting,.
• 10+ years accounting experience at a multi-national private or public company; CPA or MBA preferred
• Strong understanding of US GAAP
• Proficiency in Microsoft Excel. Experience with Hyperion/Oracle consolidation, Kyriba, BI Tool, Microsoft (office) 365 or other similar automation tools a plus
• Strong written and verbal communication skills
Standard Motor Products is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.
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Motor Vehicle Manufacturing
Accounting/Auditing and Finance
Full-time