Accounting Manager
Wolf River GrainThe Accounting Manager at Ace Ethanol is responsible for managing the accounting team, assisting with financial statement preparation, managing accounts payable and receivable, and supports budgeting and audit processes, while ensuring compliance with accounting standards and company policies. Keeps information confidential and informs others of problems or potential problems as indicated. Duties and Responsibilities: Accounting Operations & Financial Reporting: o Oversee the preparation of periodic financial statements. o Coordinate assigned month-end and year-end closing activities, establish team deadlines, review account reconciliations and supporting schedules, and escalate unresolved discrepancies to the Controller before reporting deadlines. o Ensures that financial reports comply with generally accepted accounting principles or financial reporting standards. o Review monthly and annual reports for DATCP. o Support the Controller in reviewing reconciliations of corn, ethanol, co-product, and other assigned inventory balances to supporting records and physical inventory results. Investigate discrepancies with responsible departments and assist with production cost and variance analysis. o Maintain a documented system of accounting policies and procedures. o Review fuel tax and hedging reports monthly. o Coordinate with operations, grain procurement, scale, maintenance, and sales personnel to resolve discrepancies between accounting records and supporting purchasing, receiving, production, inventory, and shipping documentation. Communicate issues promptly and follow through on corrective actions. Internal Controls & Compliance: o Review accounting workflows for appropriate approvals, segregation of duties, and supporting documentation. Identify control gaps, recommend improvements to the Controller, and follow through on approved corrective actions. o Assists external auditors and provides required statements and information for the annual audit and other audits. o Maintain compliance with federal, state and local tax and financial reporting regulations. o Coordinates with auditors the preparation of the company tax return. · Team Leadership & Process Improvement: o Responsible for management of accounting team members and oversees corn payables, accounts payable, accounts receivable, credit and collections, and sales and use tax process. o Establish clear expectations for accuracy, timeliness, service, and professional conduct; delegate responsibilities, balance workloads, and follow up on assignments. Provide regular coaching and constructive feedback, recognize contributions, and address performance or conduct concerns promptly and consistently in partnership with the Controller and Human Resources. o Identify opportunities for process improvements and implement best practices in accounting procedures. o Develop and maintain onboarding, training, and cross-training plans for accounting staff. Ensure key procedures are documented and backup coverage is established to maintain timely processing during absences, peak workloads, and reporting deadlines. Work Relationships: · Reports directly to the Controller. · Works closely with accounting employees at Ace Ethanol. · Regular contact with management and all other employees. · Frequent contact with vendors (usually by phone or email) and office visitors. Required Skills & Abilities: · Excellent management and supervisory skills. · Knowledge of accounting software. Must be reliable and timely in reporting to work. · Must be able to maintain the confidentiality of highly sensitive personnel and business information, work both independently and as a team member, multi-task effectively, and handle rapidly changing priorities. · Ability to lead and develop a team in a fast-paced environment. · Excellent organizational, problem-solving, time management, and communication skills. · Ability to listen acti…