Staff Accountant- Accounting

Description:

General Summary

This role is a member of the Accounting Shared Services team primarily
responsible for cooperative equity accounting and vendor management within
Accounts Payable. Responsibilities include maintaining accurate records related
to patronage-based equity, including stock issuance, patronage refunds,
revolvements and redemptions for Southern States as well as approximately
twenty-five member cooperatives. This role is also responsible for vendor
administration, ensuring vendor data integrity and strong internal controls.



Essential Job Functions

Maintains and reconciles member equity accounts, including stock and patronage
allocations.

Supports the calculation and recording of patronage refunds (cash and equity
allocations).

Prepare and process annual dividend payments, patronage refunds, and equity
revolvements in accordance with cooperative bylaws and Company policies and
procedures.

Processes membership redemptions and maintains appropriate documentation
ensuring transactions are recorded accurately and in accordance with cooperative
policies.

Serves as a point of contact for patrons and member cooperatives regarding
inquiries regarding equity accounts and balances.

Manages vendor setup and maintenance, including creating and updating vendor
records in the accounting system

Obtains and maintains required tax documentation and banking information for
vendors.

Prepares journal entries related to member equity activity and accounts payable
as needed.

Prepares account reconciliations as assigned.

Assists with forfeiture and escheatment processes for stock records and accounts
payable.

Supports the federal tax reporting requirements for stock records and accounts
payable, including 1099-DIV, 1099-PATR, 1099-MISC, and 1099-NEC, ensuring
compliance with applicable regulations.

Assists with month-end and year-end close processes.

Supports financial, bank, and other external audits as needed.


Qualifications

Qualifications

Requires bachelor's degree in accounting or related field

1-2 years of accounting experience preferred

Working knowledge of accounting principles (GAAP)



Requirements

Strong attention to detail and organizational skills

Effective analytical, problem solving and communication skills

Proficient with Microsoft Excel and various accounting systems

Ability to manage confidential financial and member information

Apply

https://myjobs.adp.com/sscjobs/cx/job-details?reqId=5001194838506