Woodgrain Millwork, Inc. Work Values

Daily Duties at Woodgrain Millwork, Inc.:

-- Revenue recognition, mainly for monthly income derived from rental properties -- Accounts receivable, basic entries for rental properties as Woodgrain Millwork has a separate accounts receivable department. -- Accounts payable, basic entries for rental properties as Woodgrain Millwork has a separate accounts payable department. -- Inventory and cost of goods sold for the sale and purchase of lumber -- Liability for general, auto, and workman's compensation claims -- Claims expense recognition for above -- Bank reconciliation for variable interest entities/partnerships -- Bank rebates for p-card/v-card transactions -- Other transactions related to partnerships whose primary business activity was to lease properties. -- Other entries created to adjust general ledger accounts Prepared financial reports involving: -- Financial statements for an acquisition undergoing construction; this acquisition became a new division known as the Sawmill division. -- Financial statements for a subsidiary located in Chile. This subsidiary's main activity consisted of purchasing inventory from a 50% owned investment located in Chile and selling the inventory purchased to divisions located in the United States. -- Liability report for claims involving general, auto, and workman's compensation for all divisions of Woodgrain Millwork. -- Safety reports that included information regarding the number of accidents that occurred on a monthly basis, the expense incurred, hours worked, and other measures used by the corporate HR department to measure performance. -- Actual vs Budget reports that explained variances for the sawmill division mentioned above -- Return on net assets for all divisions Other: -- Prepared or authorized check, ACH, and wire transactions -Woodgrain Millwork --Vertically integrated --Three divisions: Millwork, windows, distribution ----A new division had begun operating just before I left (lumber/sawmill) ----The millwork division included a subdivision that fabricated doors ----The millwork division also fabricated products to be sold to external customers and other divisions. The products included processed wood used to create doors and windows and moldings that were sold to distributors or construction companies. ---- Large company, in this case, is defined as 500+ million in sales revenue per year -Accounting team consisted of: --CFO --Corporate controller --Accounting Manager --Two staff accountants --One senior accountant --One to two interns (3-month internships)

What they like about Woodgrain Millwork, Inc.:

Working in an organization that is technologically advanced, creative, and innovative is critical in your assessment of hiring companies. Less important to you are stability of the organization, the length of time an organization has been in business, and the business' plans for the future. You prefer a fast-moving company that will take risks to achieve its goals and objectives. The length of time the company has been in business is irrelevant. Maintaining status quo is unnecessary. You thrive on change, uncertainty and the upside of potential business risks, especially those associated with innovation. Stability for the long haul is not nearly as important as is working in an atmosphere that is charged with a sense of urgency and constant change.

Tags

Accounting, ACH, Documentation, General Ledger, Netweaver, SAP, Wire Transfers, Accounting Records, English Language, Financial

Skills

Accounting, ACH, Documentation, General Ledger, Netweaver, SAP, Wire Transfers, Accounting Records, English Language, Financial

These are some of the questions we asked our climbers about their experiences with Woodgrain Millwork, Inc.: