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.
This position reports to the Controller.
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 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
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
Bachelor’s degree in Accounting (preferred) or Finance
3-5 years of related experience and/or training required, preferably with an emphasis on accounting and operations
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.
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.
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 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.
- Pay Type Salary
- Waco, TX, USA