Colonial Group, Inc.

Accounting Manager I

LocationSavannah, GA
Job TypeFull-time

About This Job

Colonial Group, Inc. is a multigenerational, family-owned parent company overseeing a diverse portfolio of subsidiaries. Through our strategic infrastructure, logistics expertise, and a broad range of products and services, we create significant value for our customers while driving innovation and operational excellence.

The Accounting Manager will be responsible for providing financial analyses, recommendations, and support to business leaders across the company and being primary liaison between accounting and such leadership. This role will be initially focused on our largest company which is in the fuel distribution industry (Colonial Oil Industries, Inc.) that has revenues in excess of $2 billion.


Job Duties

Under the direction of the Accounting Controller, the Accounting Manager is responsible for overseeing the general accounting functions and inventory accounting function needs of the company. The inventory accounting function consists of calculating FIFO, LIFO and LCM inventory values along with reconciliation of inventory to subledger and general ledger. This position is also responsible for managing several team members within the accounting team. Key duties will include, but are not limited to the following:

Ensure financial transactions and accounts to determine accuracy and completeness of entries.
Review, investigate and correct errors and inconsistencies in financial entries, documents and reports.
Sales, margin and expense analysis and reporting.
Research and respond to accounting inquiries from various personnel and communicate findings in a clear and concise manner.
Develop an in-depth working knowledge of all operational and accounting computer software/equipment systems that impact the accounting and financial reporting processes.
Ensure that all deadlines are met in accordance with department closing dates.
Create and/or manage the journal entries to record inventory, expenses, tax provisions and miscellaneous journals.
Manage and/or prepare various other monthly account reconciliations which may include receivables, payables, accrued expenses, and other accounts. This responsibility includes any daily or weekly processes that lead to the overall reconciliation of the monthly activity.
Provide audit deliverables and communicates with the external audit team.
Other special projects, reports, tasks, and financial assessments as assigned by the Accounting Controller or Senior Management.


Knowledge, Skills And Abilities

Proficiency with MS Excel/Power BI, Word, PowerPoint, and Outlook required including the use of pivot tables, experience with ERP or Reporting Systems a plus
Expertise and experience in improving processes and utilizing technology to improve efficiencies
Analytical abilities to assess reasonableness of information collected/provided; manage large datasets; identify trends, provide comments and recommendations
Must have the ability to perform root cause analysis of problem areas and recommend alternative solutions.
Clearly express results to management through schedules, tables, charts and commentary
Ability to manage under tight deadlines and handle multiple complex tasks in a fast-paced, changing environment
Self-directed individual who works well with teams
Must promote cross-training within the department and be willing to help coworkers during absences and high-volume events


Qualifications/Requirements

Bachelors degree in Accounting or Finance; CPA or path to becoming a CPA preferred
7+ years of experience in accounting or finance
3+ years of experience managing accounting function
Inventory accounting experience preferred but not required
Energy and wholesale/distribution industry experience preferred but not required

Position requires significant interaction with cross-corporate departments and all levels of personnel within the company. Strong verbal and written communication skills, problem solving ability, and developed interpersonal skills are required. The ability to multi-task, work under pressure, meet deadlines, and thrive in a fast-paced, team-oriented work environment is necessary. Experience with Microsoft Office Suite (especially Excel and use of pivot tables) is required, and the candidate should be comfortable working with multiple PC software platforms and large automated accounting systems.


Physical Requirements

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 of the job.

While performing the duties of this job, the employee is regularly required to sit, stand, walk, and may occasionally lift and/or move up to 40 pounds. Travel will be minimal, potentially up to 10%.


Eligibility Requirements

Hiring is contingent upon eligibility to work in the U.S.

Eligibility Requirements: Hiring is contingent upon eligibility to work in the United States.

Colonial Group, Inc. is committed to creating an environment that values and supports diversity and inclusiveness across our organizations. We encourage applications from qualified individuals who will help us achieve this mission. Colonial Group, Inc. prohibits discrimination of and will receive consideration for employment without regard to race, color, religion, sex, age, national origin, sexual orientation, gender identity or expression, disability, veteran status, marital status, or any other legally protected status.

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