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Accounting and Payroll Specialist

Company Description

COMPANY OVERVIEW

Transforming the way companies Design, Manufacture, Connect to, and Service their products, EAC Product Development Solutions (EAC) is a complete source for your product development needs. EAC has been an industry leader for over 27 years and our experts help guide companies to achieve their strategic business goals and optimize their technology, systems, people, and processes for long-term success. Our capabilities span the world of Additive Manufacturing/3D printing and the entirety of the manufacturing process from design ideation to product engineering to manufacturing and services in the field.

EAC CULTURE: https://www.eacpds.com/culture/

POSITION OVERVIEW - This is a hybrid position located in Minneapolis, MN

The Payroll and Accounting Specialist is responsible for administering payroll, maintaining the general ledger and balance sheet, and managing sales tax compliance. This role also provides guidance on Accounts Payable, prepares year-end financial statements, processes checks, and supports other accounting functions within the Finance Department.

Job Description

RESPONSIBILITIES

Responsibilities, skills, and knowledge may be representative, but not all-inclusive of those commonly associated with the position.

Accounting (Primary Focus)

  • Perform general bookkeeping, including processing cash receipts, balancing bank accounts, and issuing checks.
  • Reconcile financial records and report discrepancies or issues.
  • Manage the company’s general ledger, balance sheet, and amortization schedules.
  • Ensure compliance with sales tax regulations and filing requirements.
  • Generate year-end, monthly, and quarterly financial and audit reports.
  • Oversee asset classification including identifying, categorizing, and management.

Payroll

  • Serve as the subject matter expert on payroll processes, including weekly payroll administration.
  • Ensure accurate processing of employee wages, tax withholdings, benefit deductions, and garnishments.
  • Troubleshoot payroll issues and assist employees with pay-related inquiries.

Accounts Payable & Miscellaneous

  • Provide direction and oversight for Accounts Payable functions.
  • Assist with financial analysis and special projects as needed.
  • Perform other duties as assigned based on company needs.

Qualifications

An equivalent combination of education, training and experience will be considered.

  • Associate degree in Accounting (Bachelor’s degree preferred).
  • 1-3 years of accounting experience, including payroll processing.
  • Demonstrated ability to collaborate effectively and consistently deliver high-quality results.
  • Strong problem-solving skills with the ability to troubleshoot and resolve accounting and payroll issues effectively.
  • Strong organizational skills with the ability to work independently and maintain focus and discipline.
  • Experience processing payroll, including tax withholdings, garnishments, and compliance with payroll regulations.
  • Ability to manage time-sensitive deadlines, multitask, and perform under pressure.
  • Proficiency in Microsoft Excel (advanced skills preferred).
  • Experience with NetSuite is a plus.
  • Prior experience in the software subscription industry is preferred.
  • Strong commitment to maintaining confidentiality.
  • Excellent verbal, written, and interpersonal communication skills.

Additional Information

COMPENSATION

  • Annual Salary is $65 K for this salaried, exempt Full-Time remote position
  • Parking Reimbursement

 

BENEFITS

  • Medical insurance
  • Employer Paid Short Term Disability
  • Flexible PTO (take as you need, no accrual)
  • Vision insurance
  • Dental Insurance
  • 401(k) Plan with Employer match
  • Basic Life, AD&D, and Disability Insurance
  • Employee Assistance Program
  • Paid Holidays
  • Eligible for bonuses

Work Environment

Environmental or atmospheric conditions commonly associated with the performance of the functions of this job.

  • Ability to work in a remote environment or in-office.
  • Exposed to moderate noise levels.

PHYSICAL ABILITIES

Physical abilities that are commonly associated with the performance of the functions of this job.  The physical demands described below are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

  • Light sedentary office work.
  • Ability to travel to sites throughout North America as needed.
  • Some overnight travel may be required.

 

NOTE: This job description in no way states or implies that these are the only duties to be performed by the employee occupying this position. Employees may be required to follow other job-related instructions and to perform other job-related duties as requested, subject to all applicable state and federal laws. Certain job functions described herein may be subject to possible modification in accordance with applicable state and federal laws.

NOTE TO COLORADO RESIDENTS: In any materials you submit, you may redact or remove age-identifying information such as age, date of birth, or date of school attendance or graduation. You will not be penalized for redacting or removing this information.

EEO Statement: EAC provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identify or expression, or any other characteristic protected by federal, state, or local laws.

Average salary estimate

$65000 / YEARLY (est.)
min
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$65000K
$65000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Accounting and Payroll Specialist, EAC Product Development Solutions

Are you an enthusiastic numbers master looking for your next opportunity? EAC Product Development Solutions is on the lookout for an Accounting and Payroll Specialist to join our vibrant team in Minneapolis, MN! In this hybrid position, you'll play a pivotal role in driving our financial success by administering payroll, managing the general ledger, and ensuring sales tax compliance. Your day-to-day will primarily focus on bookkeeping tasks, preparing year-end financial statements, and dispelling any payroll-related inquiries from our employees. With over 27 years of experience, EAC not only leads in product development solutions but also values a culture where collaboration and high-quality results thrive! If you bring 1-3 years of accounting experience and a knack for problem-solving, we want to hear from you! You'll work in an environment that offers excellent benefits like flexible PTO, a supportive team, and even parking reimbursement. So if you have a strong commitment to confidentiality and a love for crunching numbers, this role will fit you like a glove. Let’s shape the future of product innovation together at EAC!

Frequently Asked Questions (FAQs) for Accounting and Payroll Specialist Role at EAC Product Development Solutions
What are the main responsibilities of the Accounting and Payroll Specialist at EAC Product Development Solutions?

At EAC Product Development Solutions, the Accounting and Payroll Specialist is vital to our financial operations. Responsibilities include administering payroll, managing the general ledger, ensuring compliance with sales tax regulations, and preparing year-end and monthly financial reports. The role also extends to overseeing Accounts Payable functions and assisting with financial analysis and special projects as needed.

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What qualifications are required for the Accounting and Payroll Specialist position at EAC?

To qualify for the Accounting and Payroll Specialist role at EAC Product Development Solutions, candidates should ideally have an associate degree in Accounting—though a bachelor's degree is preferred. Additionally, 1-3 years of accounting experience, including comprehensive payroll processing skills, is essential. Strong organizational skills and proficiency in Microsoft Excel are also critical for success in this position.

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How does EAC Product Development Solutions support its Accounting and Payroll Specialist?

EAC Product Development Solutions supports its Accounting and Payroll Specialist by providing a collaborative work environment, strong mentorship opportunities, and a commitment to high-quality results. The company also offers excellent benefits, including medical insurance, flexible PTO, and a 401(k) plan with employer match, fostering a supportive atmosphere for professional growth.

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What tools and software should the Accounting and Payroll Specialist be familiar with at EAC?

At EAC Product Development Solutions, proficiency in Microsoft Excel, preferably at an advanced level, is a must for the Accounting and Payroll Specialist. Experience with NetSuite is also advantageous, as it is utilized in our financial operations. Familiarity with payroll regulations and tax compliance will further boost your effectiveness in this role.

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What is the work environment like for the Accounting and Payroll Specialist at EAC?

The work environment for the Accounting and Payroll Specialist at EAC Product Development Solutions is hybrid, offering the flexibility to work remotely or in-office. Employees may engage in light sedentary office work while being part of a dynamic team. Moderately noisy levels can be expected in the office, creating a bustling yet focused atmosphere.

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Common Interview Questions for Accounting and Payroll Specialist
Can you describe your experience with payroll processing?

When answering this question, start by outlining your previous roles involving payroll, such as specific tasks you've managed, systems you’ve used, and the scale of payroll you handled. Highlight your attention to detail and discuss any challenges you faced, showcasing how you resolved them.

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What methods do you use to reconcile financial records?

Discuss your systematic approach to reconciling financial records. Mention specific tools or software that you utilize, and detail the steps you take to ensure accuracy, such as periodic audits and checks to catch discrepancies early.

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How do you ensure compliance with tax regulations?

In your response, emphasize the importance of staying informed about tax laws and regulations. Talk about any specific training, resources, or tools you use. Mention how you ensure compliance through regular audits or reviews of financial transactions.

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How do you prioritize your tasks during peak periods, such as month-end or year-end?

Explain your organizational strategies for managing time-sensitive deadlines. Offer examples of how you assess tasks by urgency and importance, and discuss tools you've used to keep track of ongoing projects.

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Describe a time you resolved a complex accounting problem.

Provide a specific example that showcases your problem-solving skills. Describe the situation, the steps you took to analyze the issue, and the solution you implemented, emphasizing the positive outcome.

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How do you maintain confidentiality in your work?

Talk about the measures you take to ensure confidentiality when handling sensitive information. Mention protocols you've followed in previous roles and how you educate others on handling confidential data.

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What experience do you have with financial reporting?

Detail your experience in preparing financial reports, focusing on the types of reports you've generated and how you ensured accuracy. Discuss any systems or software you used, and the importance of these reports in decision-making processes.

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Why do you want to work for EAC Product Development Solutions?

Tailor your answer to express your enthusiasm for EAC Product Development Solutions’ mission and culture. Mention specific qualities of the company that attract you, such as innovation in product development or their commitment to team collaboration.

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What strategies do you use to streamline accounting processes?

Share specific techniques or tools that help you enhance efficiency in accounting tasks. Discuss the importance of continuous improvement and being open to adopting new technologies.

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Can you explain the importance of communication in your role?

Discuss how effective communication is key in an accounting role, especially when coordinating with different departments. Highlight examples of how clear communication has prevented misunderstandings or errors in the past.

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EAC specializes in product development solutions for the manufacturing, engineering, and design industries. EAC offers software, consulting, training, hardware, implementation, and engineering services to address all aspects of the product develop...

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Full-time, hybrid
DATE POSTED
March 15, 2025

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