Commercial Accountant Job Description

Commercial Accountant Job Description

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Commercial accountant provides solution designs aligned with business requirements for Commercial Supply Chain applications with specific focus on SAP Planning, Optimization, Scheduling and Execution solutions.

Commercial Accountant Duties & Responsibilities

To write an effective commercial accountant job description, begin by listing detailed duties, responsibilities and expectations. We have included commercial accountant job description templates that you can modify and use.

Sample responsibilities for this position include:

In addition, the Senior Accountant will be assigned to prepare the financial statements, annual budgets, and CAM and tax reconciliations for some of the buildings within the portfolio that is being consolidated
Analyze mortgage, partnership, and cash management agreements, , commercial leases to determine proper accounting
Responsible for performing accounting functions that support accurate reporting of promotional Trade expenditures with HBI retail partners
Work on multiple financial projects simultaneously
Reviews and approves monthly financial statements preparation activity performed by Commercial Banking Staff Accountants
Works with Commercial Banking Accounting Operations Management Team to prepare and communicate the effects of complex journal entries
Assists with the development of internal controls, policies and procedures and updating of documentation related to designated responsibilities
Strong IT systems aptitude and ability to learn and understand the detailed underlying accounting transactions of Commercial lending subsystems
Preparing a detailed analysis of profitability related to the assigned portfolio
Supporting the Commercial Finance Manager in financial planning and analysis for the Marketing, Sales and New Product Development teams

Commercial Accountant Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Commercial Accountant

List any licenses or certifications required by the position: CPA, W-9, ID, SW

Education for Commercial Accountant

Typically a job would require a certain level of education.

Employers hiring for the commercial accountant job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Accounting, Finance, Business, Education, Business/Administration, Real Estate, Economics, Management, Bookkeeping, MBA

Skills for Commercial Accountant

Desired skills for commercial accountant include:

SAP an advantage
CRM
ERP and Microsoft applications
FMCG
Microsoft Office
Sales and marketing and supply chain
Hyperion
Jabil’s software packages
Especially with regards to Excel
Is imperative

Desired experience for commercial accountant includes:

Prior job experience in Public Accounting a plus
Ability to professionally interact with onsite staff, peers, senior management and third parties
Strong organizational skills and an independent self-starter with good follow-up
6 or more years of previous related accounting experience is required
Previous experience and/or knowledge of the financial services industry would be considered a plus
Ability to effectively communicate and build relationships - R & D, Sales Team, and Purchasing

Commercial Accountant Examples

1

Commercial Accountant Job Description

Job Description Example
Our growing company is looking to fill the role of commercial accountant. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for commercial accountant
  • Management/ownership of commercial data
  • Preparing month end positions for customer trade and marketing spend
  • Support the Financial Controller by helping to prepare management reporting for the business - sales reporting and management accounts
  • Prepare and post trade spend and marketing accruals for inclusion in the monthly management accounts, understand actual trade spend costs and report variances on these
  • Assist the Head of Accounts in developing modelling and tools to better understand Client profitability, including the impact of various pricing options and matter management effectiveness
  • Working closely with commercial team, establishing a detailed financial controls framework and delivery of effective management information system
  • Responsible for monthly management accounts
  • Responsible for balance sheet reconciliations and review of same
  • Preparation of annual budget and rolling forecasts
  • Assuring that processes in all areas of responsibility are adequately and effectively controlled and documented and that effective change management is in place
Qualifications for commercial accountant
  • Strong Excel skills including vLookups, pivot tables, linked spreadsheets, multiple if-then formulas
  • 4-5 years post-qualified experience in a commercial business - ideally a large manufacturing / sales environmnet
  • ACMA, ACA
  • Advanced excel skills, including pivot tables, vlookups, macros
  • Qualified accountant with min 2 years post qualification experience
  • Self-motivated individual who enjoys a challenge
2

Commercial Accountant Job Description

Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of commercial accountant. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for commercial accountant
  • Create/analyze/review financial statements
  • Pay invoices and expense reports
  • Prepare and present corporate financial information and analysis to executives
  • Review junior commercial accountant’s reimbursements, entries, financial reports and statements
  • Assist in the commercial decision making, financial control and reporting around the Business Unit
  • Work with the Program Manager and CFT to prepare costing and customer quotations for all production parts, prototypes, deviations, tooling, engineering changes, VAVE proposals and other cost initiatives throughout the life of the program
  • Completion of weekly cash forecasts and management of local working Capital WIP/Debt
  • Prepares funding requests for bond / construction projects
  • Serve as an integral accounting and finance partner to the business in support of the accounting and financial analysis for commercial transactions
  • Complete and maintain process documentation and ensure SOX 404 compliance for the functional area in addition to serving as the key liaison with internal and external auditors on all commercial business matters
Qualifications for commercial accountant
  • Analytical and strong work ethic
  • Strong relationships - building and maintaining
  • Experience within a professional services or legal environment would be preferred but all candidates will be considered
  • Experience working within a business facing environment sound commercial awareness
  • Applicants with professional certification (CFM, CMA, or CPA) or an advanced degree would be preferred
  • Previous experience with other database applications/tools such as Cognos and Essbase would be preferred
3

Commercial Accountant Job Description

Job Description Example
Our innovative and growing company is looking to fill the role of commercial accountant. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for commercial accountant
  • Support internal and external audits, including the entity’s integrated audit and project level audits when required by financiers
  • Perform technical accounting research and draft accounting position papers as needed
  • Responsible for detailed monthly analysis of Mira sales results by product and customer
  • OLiaise with directors and cost centre managers on a regular basis to develop and challenge budgetary expectations
  • OUpdate the FS business unit forecasting model by company, addressing any new companies and income streams
  • OBuild mechanisms to address new modelling scenarios within the model
  • OProvide summaries for budgetary review meetings and complete reporting packs
  • Operational Initiatives
  • OProvide support to all business unit departments and the senior management team to assist with the financial impact of operational decisions being made
  • OAssist with internal audit requirements for the business unit, as needed
Qualifications for commercial accountant
  • Strong organizational skills, problem solving skills verbal/written communication skills
  • Commercial Real Estate Accounting Background (Sorry no residential)
  • CPA candidate or desire to seek CPA required
  • Qualified accountant (ACA/CIMA/ ACCA), with management accounting experience
  • Commercial and operational awareness of offshore / onshore assets
  • Good planning and organisational skills with the ability to handle multiple tasks and responsibilities simultaneously within short time frames
4

Commercial Accountant Job Description

Job Description Example
Our growing company is looking for a commercial accountant. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for commercial accountant
  • OProvide support with analysis of sales data and the provide input on the commercial impact to the business
  • OLead the input into the business unit`s risk register for all financial matters
  • ODesign and oversee the periodic review and testing of financial processes and controls
  • OApply commercial insight from the business unit`s financial planning and analysis activities to maintaining a dynamic risk register, drawing the FS Board of Directors to the financial impact of emerging risks and new initiatives under consideration
  • OProvide support to the Finance Director with any planned integration activities
  • OAssist with preparation of judgemental elements of monthly management accounts and overall review of subsidiary results
  • Product Costing for new products
  • Continued development of the sites financial systems including NAV
  • Verification and challenge of existing product costings and margins
  • Supporting the operational and commercial teams with relevant information to understand and improve performance
Qualifications for commercial accountant
  • Relevant IT systems (MS Office especially Excel, Powerpoint
  • Receive tenant checks
  • Deposit checks by writing them up and taking them to the bank or deposit thru remote deposit
  • Post deposits to tenants accounts in the accounting software
  • Input new leases & renewals into the accounting software
  • Input billing adjustments into the accounting software
5

Commercial Accountant Job Description

Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of commercial accountant. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for commercial accountant
  • Commercial and Operational knowledge based input into the weekly accounting process
  • Verification of savings made by changes in factory process
  • Main point of contact for operational and commercial based finance queries
  • Attendance at factory meetings
  • Prepare management reports, statutory reports and corporate tax filing in compliance with Company Law, tax, international accounting standard, and corporate governance in accordance with Group’s policies and guidelines
  • Review and collate the office annual business plan and support region’s business strategy, commercial initiatives, and forecasting
  • Assist with providing commercial advice on bid support in the region
  • Support HK and overseas offices’ business income, profit and cost review analysis and make recommendation
  • Handle ad-hoc duties as and when required
  • Maintaining documentation of customer and supplier contracts to support accruals and payments in accordance with company policies and procedures
Qualifications for commercial accountant
  • Input tenant move-out forms into the accounting software
  • Review aging and rent rolls
  • Undergraduate studies in accounting, finance or business administration
  • Ability to discover and solve problems, to interpret data and to analyze and interpret legal documents
  • Prefer someone with office space experience
  • MRI or Yardi experience

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