Who We Are:
We are Newark, an Avnet Company, part of Farnell Global, the fast and reliable distributor of products and technology for electronic and industrial system design, maintenance, and repair.
From research and design through prototype to production, we are here to help you access the products and services you need 24/7.
With more than 80 years of experience, 47 localized websites, and a dedicated team of over 3,500 employees, we provide every component you need to build the technology of tomorrow.
Farnell Global trades as Farnell in Europe, Newark in North America, and element14 throughout Asia Pacific.
We also sell direct to consumers through a network of resellers, and our CPC business in the UK.
We have been part of the established global technology distributor, Avnet, since 2016.
Today, this relationship allows us to support our customers at every stage of the product life cycle, offering a truly unique distribution model, as well as expertise in end-to-end delivery and product design.
Job Summary:
Maintains general ledger and financial records in various general accounting functions.
Collects and analyzes support for financial data for completeness and accuracy.
Prepares reports, statements, analyses and/or recommendations for internal and/or external use.
Ensures procedures and internal controls are followed to maintain the integrity of accounting records for completeness, accuracy and compliance with Generally Accepted Accounting Policies and Principles (GAAP).
Principal Responsibilities:
- Responsible for the financial reporting, maintenance, account reconciliation and analysis of the general ledger and books of original entry including month end close accounting activities.
- Prepares balance sheets, profit and loss statements, financial schedules and other financial reports.
Analyzes trends, costs, revenues, financial commitments, and obligations incurred for quarter-end and year-end.
- Assists with the preparation of annual budgets, updates and strategic plans.
- Ensure accuracy and compliance with GAAP, SOX and all other accounting regulations.
- Assists in XBRL compliance by performing detailed tagging, validating XBRL tags and preparing supporting documentation for XBRL exhibits as well as monitoring and implementing new XBRL compliance requirements.
- Maintains and documents internal accounting controls.
- May assist in the setup of processes and procedures that properly capture, track and report revenue.
- Provides guidance and support for both internal and external audits (adhoc, quarterly and annual).
- Provides billing and collection for intercompany accounts.
- Provides guidance and support for acquisitions and divestitures.
- Provides support for system conversions, Integrations and other special projects.
- Other duties as assigned.
Job Level Specifications:
- Develops solutions to complex problems where analysis of situations and/or data requires in-depth evaluation of variables.
Determine best approach to achieve results and provide suggestions to improve policies and procedures.
- Work is performed independently and requires the exercise of judgment and discretion.
Exercises considerable latitude in determining objectives and approaches to assignments.
Work may be reviewed at a high-level.
- May represent the organization as a primary contact on assignments and/or projects.
Interacts with senior professionals and management and frequently coordinates work between departments or organizations.
- Actions may impact the organization.
Failure to accomplish work will result in the inability to reach crucial organizational goals.
Erroneous decisions may have a prolonged effect resulting in the expenditure of substantial resources.
Work Experience:
- Typically 5+ years with bachelor's or equivalent.
Education and Certification(s):
- Bachelor's degree or equivalent experience from which comparable knowledge and job skills can be obtained.
Distinguishing Characteristics:
- Bilingual
What We Offer:
Our employees work hard to live our values and help us grow.
Our total rewards strategy supports Avnet's ability to attract, engage, develop, and reward our employees, while promoting a diverse and inclusive environment.
We offer competitive compensation and benefit programs — from time away and flexible working arrangements to programs supporting employee well-being and opportunities to give back to your community.- Generous Paid Time Off- 401K and Pension Plan- Paid Holidays- Family Support (Paid Leave, Surrogacy, Adoption)- Medical, Dental, Vision, and Life Insurance- Long-term and Short-term Disability Insurance- Health Savings Account / Flexible Spending Account- Education Assistance- Employee Development Resources- Employee Wellness, Leadership Development and Mentorship Programs
Benefits listed above may vary depending on the nature of your employment with Avnet.
The above statements are intended to describe the general nature and level of work being performed.
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