Job Description
We are BEKUM America Corporation, the world’s leading designer and builder of extrusion blow molding machines. We are proud of our legacy, our accomplishments and our worldwide reputation for excellence and innovation. We recognize that our employees are key to our success and we believe in mentoring, tutoring and further developing our employees. We know PEOPLE MAKE THE DIFFERENCE!
We are seeking qualified candidates for our PAYROLL SPECIALIST opportunity to join our Williamston, Michigan team! This position oversees and/or participates in the daily general ledger financial activities and/or proposes/assists in the preparation of the timely completion of annual and monthly financial statements, prepares analysis and makes accounting recommendations as necessary.
ESSENTIAL DUTIES AND RESPONSIBILITIES includes, but are not limited to:
PAYROLL & BENEFITS PROCESS
Collects, prepares, and verifies all payroll data in HRIS system; Dayforce, including hours worked, vacation time, personal hours, and absences; reviews wages, earnings, withholdings, and deductions to ensure accuracy of payroll and compliance with government regulations. Inputs any adjustments if required.
Reviews and records all changes affecting payroll such as rate and withholding changes, insurance coverage, 401(k) contributions and loans, and other deductions; reconcile biweekly and semimonthly payroll reports, and distributes payroll in a timely manner; assists all employees with payroll related questions or problems.
Reviews and records new hire enrollments to update master payroll records used internally and through outside payroll services.
Prepares periodic reports covering earnings, taxes, deductions, profit sharing, 401(k) contributions, etc.; maintains accurate employee attendance records including usage of vacation and personal time.
MONTH END PROCESS
Completes the month-end process.
Prepares monthly journal entries, including accruals and other necessary business-related entries.
Assists in preparation of monthly standard reporting package.
Analyzes general ledger accounts and processes various accounts including month end and year end accounts.
Verifies and posts details of business transactions, such as funds received and disbursed, and reconciles cash accounts on daily basis.
Reviews and reconcile billing information from various benefit vendors, including the Company’s third party administrator, to ensure accuracy and plan compliance.
Reconciles 401(k) statements and report data to ensure accuracy. Verifies all electronic funds transfers and reviews all required forms to ensure accuracy and compliance.
Provides worker compensation reports and administers short and long term disability including third party sick pay.
Communicates vendor and claims information to employees related to all benefits programs.
Enter and manage employee wage and benefits garnishments.
FINANCIAL STATEMENTS/AUDITS
Assists in preparation of annual audits, monthly financial statements and other requested reports.
Reviews all financial statements/reports which are generated for accuracy and completeness.
ACCOUNTING ANALYSIS
Prepares “other” monthly account analysis, such as machine analysis for financial reporting purposes, as required.
Audits employees’ expense reports.
Prepares monthly sales vs. cost analysis for various business segments, i.e., applications, spare parts, service.
RECEIVABLES/CUSTOMER DATA
Chairs monthly accounts receivable meeting and makes recommendation as to corrective action.
Responsible for customer receivables and follow up collection activities.
Reviews and reports on credit history of new and existing customers.
Extends credit to customers and handles customer credit memos.
Assists sales groups (Sales, Service, Spare Parts and Applications) related to documentation and issuance of customer credits.
OTHER
Compiles, sorts and files documents, such as but not limited to, sales invoices and checks, substantiating business transactions.
Performs other duties as required.
QUALIFICATION REQUIREMENTS: 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.
EDUCATION AND/OR EXPERIENCE: Bachelor's degree (BA) in Accounting (or related Financial Management discipline) from four (4) year college or university; and three (3) to five (5) years related experience in accounting and/or training; will consider equivalent combination of education and experience, depending upon the mix.
OTHER SKILLS AND ABILITIES: Strong knowledge and understanding of accounting concepts and controls is necessary. Experience with the processes of manufacturing and accrual accounting, matching revenue and expenses and identifying and assigning costs and expenses to various accounts and/or projects. Working knowledge of personal computers. Software proficiencies should include Microsoft Office products (Word, Excel, Outlook, and PowerPoint), Adobe, and some ERP SYSTEM KNOWLEDGE. Responsible for performing all work efficiently and in compliance with quality, quantity, and safety standards as established by Bekum.
COMMENTS: Bekum America Corporation reserves the right to change, amend, add, delete, and otherwise assign any and all duties, responsibilities, and position titles as it deems necessary to meet the needs of its business.
Company Description
We encourage you to visit our website to learn more about our Williamston, Michigan family! Our pledge to our employees is to offer challenging projects, exposure to innovation, freedom to develop ideas, acknowledgment and reward for accomplishments, and the opportunity for career growth and development. We recognize that our employees are key to our success and we believe in both personal and professional development of our employees. We know people make the difference!