Shared Accounting Services Associate

Job Description

Shared Accounting Services Associate | Magnum Venus Products

The Tone:
This is a support role at Magnum Venus Products. The company is a global manufacturer specializing in fluid movement and production solutions for industrial applications within the composites and adhesives markets. For over 80 years, MVP has collaborated with customers to provide tailored solutions for metering, mixing, dispensing, and applying materials across diverse sectors like marine, infrastructure, oil & gas, and aerospace. This Shared Accounting Services Associate role is crucial for maintaining the accuracy and timeliness of the company’s financial operations by providing essential support to both Accounts Payable and Accounts Receivable functions. The integrity and respect that guide MVP’s family-owned business values extend to creating a better experience for employees, customers, and communities, with this role contributing to sound financial health.

The TL;DR
• Role: Early Career
• Type: Full-time
• Location: Not specified in job description

• Team: Reports to the Shared Accounting Services Supervisor.
• Mission: Ensures accurate financial transaction processing and maintains essential financial records for both Accounts Payable and Accounts Receivable functions.
• Tech Stack: ERP, Epicor

What You’ll Actually Do
• Manage Invoice and Expense Processing: Accurately process incoming vendor invoices, employee expense reports, and various payment requests to ensure timely and correct disbursement of funds.
• Process Customer Payments: Post received customer payments to the correct accounts and meticulously reconcile remittance details to ensure accurate record-keeping of incoming revenue.
• Support Customer Invoicing and Credit: Assist in the preparation and generation of customer invoices and credit memos, contributing to accurate billing cycles and timely adjustments.
• Monitor and Maintain Customer Accounts: Regularly monitor and update customer accounts, including generating and reviewing aging reports, and actively communicate with both vendors and customers to resolve payment or billing discrepancies.
• Provide General Accounting and Record Keeping: File and maintain precise records for all Accounts Payable and Accounts Receivable documentation, support data entry into the ERP system like Epicor, assist with monthly reconciliations and routine reports, and help with account reviews for refunds, credit balances, and write-offs, completing additional ad hoc tasks as needed.

The Must-Haves
• Background: Entry-Level. High school diploma or GED equivalent; core domain knowledge in accounting or finance.
• Experience: Strong knowledge of ERP software, specifically Epicor.
• Skills: Excellent attention to detail, strong organizational skills, ability to communicate effectively with vendors, customers, and internal departments.
• Bonus: Bachelor’s degree in accounting, finance, or a related field.