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.:

You give high priority to hiring firms with prestige. Market reputation and prestige of a firm may be determined through on-line research, and conversations with individuals working in your target industry. Note that firms "in the public eye" receive a great deal more critical publicity and attention than those operating with more anonymity. So as you assess your employment opportunities, be sure to seek out the positive aspects of the firm's reputation in addition to noting negative publicity the company may have received.

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.: