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Senior Accountant

Waco, TX, USA Req #384
Thursday, May 14, 2020

SENIOR ACCOUNTANT
 

 

GENERAL DESCRIPTION OF DUTIES 

At Magnolia, our Senior Accountant develops, interprets, and implements complex financial and accounting concepts or techniques for financial reporting and analysis of the company’s performance. They will be in direct support of front-line business unit managers to assure accurate reporting and performance is communicated effectively and efficiently. This position works from our headquarters in Waco, Texas. 

 

REPORTING RELATIONSHIP 

This position reports to the Controller. 

 

SUPERVISORY RESPONSIBILITIES 

This position has no supervisory responsibilities. 

 

ESSENTIAL DUTIES AND RESPONSIBILITIES 

  • Upholds Magnolia’s mission, vision and values 

  • Conducts special studies to analyze complex financial transactions related to operational activities across all Magnolia entities 

  • Prepares recommendations for policy, procedure, control, or action 

  • Works in conjunction with staff in a variety of departments to identify opportunities for improvement on policies and procedures to ensure the accuracy of financial data 

  • Manages the quarterly departmental budget forecasts and monthly variance reporting to management across the company 

  • Creates and analyzes monthly budget versus actual financial statements for operating business units 

  • Provides detailed GL reporting to budget leads within the company and assists them by researching answers to budgetary questions 

  • Analyzes GL account activity and helps identify anomalies in the monthly financials that may indicate a breakdown in departmental policies and procedures 

  • Establishes databases of pertinent information, including various analytical reports used in analyzing future plans and forecasts 

  • Strong understanding of financial metrics and cash flow management 

  • Evaluates underlying components driving financial trends 

  • Partners with the Director of Finance in the development and maintenance of the company’s annual operating plan 

  • Month end closing including transaction review, accruals, journal entries and reconciliations 

  • Complete fixed asset depreciation schedules 

  • Assist with the coordination of financial audits 

  • Filing of monthly sales tax reports 

  • Oversee Concur expense module 

  • Other duties as assigned 

 

QUALIFICATIONS 

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable 

accommodations may be made to enable individuals with disabilities to perform the essential functions. 

  • Knowledge or experience using NetSuite accounting software and Adaptive Insights Planning tool, preferred 

  • Strong experience using Excel required 

  • Comprehensive understanding of financial statements and the accounting relationships among them 

  • Strong communication skills and previous experience working with higher level management 

 

EDUCATION AND EXPERIENCE 

  • Bachelors degree in Accounting (preferred) or Finance 

  • 3-5 years of related experience and/or training required, preferably with an emphasis on accounting and operations

 

PHYSICAL DEMANDS 

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle, or feel; reach with hands and arms; talk or hear and taste or smell.  The employee is frequently required to stand and walk.  The employee is frequently required to climb or balance and stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 10 pounds, and occasionally lift and/or move up to 25 pounds.  Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception and ability to adjust focus. 

 

WORK ENVIRONMENT 

The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job. 

While performing the duties of this job, the employee is occasionally exposed to outside weather conditions. The noise level in the work environment is usually moderate. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

 

ACKNOWLEDGEMENTS 

EOE Statement: 

We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender identity, sexual orientation, national origin, disability status, protected veteran status or any other characteristic protected by law. 

 

The above information on this description has been designed to indicate the general nature and level of work performed by an employee in this classification. It is not to be interpreted as a comprehensive inventory or all duties, 

responsibilities, and qualifications of employees assigned to this job. Management has the right to add to, revise, or delete information in this description at any time. 

 

 

Magnolia is a lifestyle brand founded by Chip and Joanna Gaines that encompasses a variety of businesses based in Waco, Texas. A few of these include: both online and brick and mortar retail stores, a design and construction firm, a lifestyle magazine, a restaurant, a bakery, a coffee shop, a real estate company and vacation rental properties. 

 

At Magnolia, we believe in doing good work that matters and that we are made better when we all work together. We take pride in offering rewarding careers that come with great benefits, and we value the kind of people who are eager to learn and grow alongside us. When you join the Magnolia team, you join the Magnolia family. 

Other details

  • Pay Type Salary
  • Waco, TX, USA