Accounting Manager

Overview

Since 1912, Phillips Distilling Company has produced high-quality spirits and popular brands. As one of America's oldest family-owned spirits companies, we pride ourselves on our independent spirit and our commitment to innovation, quality and community.

Phillips Distilling Company is currently inviting candidates to apply for a full-time Accounting Manager opportunity. The candidate selected for this role will enjoy competitive compensation, annual bonus potential, development opportunities, and a comprehensive benefits package including generous paid time off and paid holidays! Join the Phillips’ team today and enjoy being in good spirits every day!

Classification: Exempt
Department: Accounting
Reports To: Controller

The Accounting Manager is a vital, hands-on role responsible for the integrity of the general ledger and the precision of our tax compliance. Reporting directly to the Controller, this position will co-manage the full accounting cycle for our alcohol manufacturing operations. This is a high impact role designed for a technical expert who thrives on working with the details, is motivated by process improvement, has a high attention to detail, can manage deadlines and wants to be a key contributor on a well-established and collaborative team.

• Full Cycle General Ledger Management
• Month-End Close: Assists with the month-end and year-end closing process, to ensure timely and accurate financial statements and financial integrity. Provides input for the maintenance and improvement of the month end checklist.
• Journal Entries & Accruals: Responsible for the timely preparation and posting of monthly journal entries and account reconciliations. Examples include maintenance inventory, destructions and lease accounting.
• Variance Analysis: Analyzes monthly variances to provide insights into performance and influence decision making.

• Internal Controls: Along with the Controller, maintains and strengthens internal controls to safeguard assets and ensure the accuracy of financial reporting.
• Financial Audit: Serves as the co-liaison for the annual external financial audit. Assists the Controller with the preparation of all necessary work papers and schedules and responds to auditor data and transaction inquiries.
• Technical Research: In partnership with the Controller, researches technical accounting policies and assists with implementation.

• LIFO Valuation: Manages the complex year-end LIFO (Last-In, First-Out) calculation and adjustment process.
• Capital Assets: Manages the fixed asset lifecycle, including tracking Capital in Progress (CIP) for capital expenditures and recording monthly depreciation. Maintains and reconciles the company’s capital asset schedule, including capital policies, assigned lives, depreciation, and construction in progress reconciliation.

• Alcohol-Specific Tax: In partnership with the Regulatory Compliance team, verifies and ensures timely execution of Federal Excise Tax (FET) payments.
• Multi-State/CAN Tax: Prepares and files US Sales & Use tax returns, state Business and Franchise tax filings, as well as CAN (Canada) GST tax filings. Acts as the primary point of contact for responding to and resolving state and local tax notices.
• Income & Owner Tax: Coordinates with external tax firm to provide data for Federal/State income tax returns and owner-level tax planning and reporting.

• SOP Development: Documents, implements, and maintains standard operating procedures (SOPs) for assigned accounting functions to ensure consistency and knowledge retention.
• Systems Maintenance/Optimization: Identifies opportunities to automate manual workflows within the ERP system to increase the speed or accuracy of the monthly close. Maintains the accuracy of the company’s accounting system (Oracle) and implements changes to the system as warranted. Maintains Oracle chart of accounts.

• Banking: Assists the Controller with administering the company’s banking platforms, including check payments, wire transfers, ACH processing, and positive pay. Prepares…