POSITION DESCRIPTION

Position Title: Staff Accountant

Company: STG Branded Division

Department: Finance

Location: Richmond

We are seeking an experienced Staff Accountant to be responsible for the accurate and timely reporting of accounting and financial results. This will be a hands-on position that will interact with business unit leadership and coordinate with teammates in various departments to ensure the proper execution of accounting functions and the accurate reporting of financial results. The position will be located at the Branded Division offices of the Scandinavian Tobacco Group in Richmond, Virginia.

You will perform accounting and analysis functions that support the compilation of accurate monthly, quarterly, and yearly financial results. Additionally, you will be responsible for special projects as required by the Finance Business Partner & Controller.

MAJOR RESPONSIBILITIES AND ACCOUNTABILITIES:

Monthly Closing/Reconciliation

• Creates and enters journal entry transactions in conjunction with the monthly closing process
• Performs analysis of balance sheet reserves, including review of activity and the evaluation of the adequacy of reserves
• Prepares various account reconciliations

State Excise Tax Reporting and Government Reporting

• Prepare and submit state excise tax returns on a monthly/quarterly and annual basis
• Renew state tobacco licenses as needed
• Prepare and submit government reports as needed

Internal Control Compliance

• Responsible for updating and maintaining internal control documentation as required by the corporate parent (Scandinavian Tobacco Group)
• Validates and tests compliance with key controls on a monthly basis.

Audit

• Responsible for preparation of audit schedules as requested by external auditors during annual financial statement audit

POSITION IN THE ORGANIZATION:

• Reports to: Accounting Manager
• Supervises: No direct or indirect reports

RELATIONSHIPS:

Internal:

• Vice Presidents and cost center managers at STG Branded Division and Scandinavian Tobacco Group (Denmark).
• Accounting Manager.
• Manager of Accounts Receivable and Credit

External: External auditors

WHAT YOU'LL NEED TO BE SUCCESSFUL

EDUCATION/EXPERIENCE: Bachelor’s degree in Accounting required; CPA desirable; 3-5 years of accounting experience; public accounting experience desirable

SKILLS:

• Ability to prioritize various tasks in order to effectively manage multiple ongoing tasks/projects and to deliver complete, accurate, and timely analyses.
• Ability to initiate and complete tasks with minimum direction/supervision
• Ability to work at the detail level as well as understand the larger landscape
• Proficient in Microsoft Office Suite (Word, Excel, PowerPoint, and Outlook) plus enterprise resource planning (ERP) systems, preferably AX and Oracle

SPECIALIZED KNOWLEDGE:

• Knowledge of Generally Accepted Accounting Principles (GAAP) and internal controls; International Financial Reporting Standards (IFRS) accounting experience a plus

OTHER:

• Strong interpersonal communication skills with the ability to effectively work with others; good attendance is required
• Fluent in English language (oral and written)
• Heavy computer use and occasional extended workdays are expected in this position, negligible travel required
• Must be willing and able to work in the presence of others who may enjoy occasionally smoking cigars or pipe tobacco

ESSENTIAL FUNCTIONS:

• To perform this job successfully, an individual must be able to perform each essential function satisfactorily. The requirements listed herein are representative of the knowledge, skills, and/or abilities required, they are not an exhaustive list, and they are subject to change without notice.

• Communication: Possess excellent interpersonal and communication skills
• Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to problems
• Time Management: Managing one's own time and the time of others
• Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, and asking questions as appropriate to ensure understanding
• English Language: Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar
• Oral Comprehension: The ability to listen to and understand information and ideas presented through spoken words and sentences
• Oral Expression: The ability to effectively communicate information and ideas orally so others will understand
• Written Comprehension: The ability to read and understand information and ideas presented in writing
• Written Expression: The ability to effectively communicate information and ideas in writing as appropriate for the needs of the audience so others will understand
• Sedentary position; must be able to use computer and telephone for much of the day

WHAT WE OFFER IN RETURN

The company offers highly competitive salaries and a comprehensive, flexible benefits program, including:

• 401(k) with Generous Company Match

• Health Care Package

• Medical & Rx

• Dental

• Vision

• Short Term and Long-Term Disability Income Protection

• Life Insurance

• Tuition Assistance Opportunity (up to $12,500 per year)

• Paid Vacation

• 11 Paid Holidays

About Scandinavian Tobacco Group:

Scandinavian Tobacco Group (“STG”) is a leading producer of cigars and traditional pipe tobacco worldwide. STG holds market-leading positions in the handmade premium cigar market in the US, the online and catalog retail market for cigars in the US, the machine-made cigar market in Europe, and the traditional pipe tobacco market globally. In addition, we hold a strong position in the fine-cut tobacco category in the Scandinavian, US and other markets.

Scandinavian Tobacco Group has a diversified portfolio of more than 200 brands, providing a complementary range of established global brands and local champions. In the cigar segment, the brand portfolio includes Café Crème, La Paz, Macanudo, CAO, Partagas (US) and Cohiba (US). Pipe tobacco brands include Captain Black, Erinmore, Borkum Riff and W.Ø. Larsen. Our leading fine-cut tobacco brands include Bugler, Break, Escort, Bali Shag and Tiedemanns. As of November 2018, the Group employed 7,300 people in the Dominican Republic, Honduras, Nicaragua, Indonesia, Europe, New Zealand, Australia, Canada and the US.

In the US, we have market leading positions in fine-cut tobacco, premium cigars, and pipe tobacco as well as catalog and internet sales of cigars through our ownership of General Cigar Co., Inc., Cigars International, and Scandinavian Tobacco Group Lane Ltd.

North America Branded Division:

The North America Branded Division consists of General Cigar Co., Inc., STG Lane Ltd., and STG Canada.

General Cigar Co., Inc. (“General Cigar”) manufactures and markets handcrafted cigars for the premium market. Committed to delivering cigars of the finest quality, General Cigar’s skilled artisans produce Macanudo, Cohiba, Partagas, La Gloria Cubana, Punch, CAO, Hoyo de Monterrey, Excalibur, and other leading premium brands in the company’s Dominican, Honduran and Nicaraguan factories.

In addition, the company cultivates proprietary tobaccos which are used exclusively in its blends. General Cigar also operates Club Macanudo, a cigar bar in New York City. Based in Glen Allen, Virginia, General Cigar sells through tobacconists nationwide and also exports select products to 62 countries. For more information, please visit cigarworld.com.

Scandinavian Tobacco Group Lane Ltd. (“STG Lane”) manufactures and sells a variety of pipe tobacco, fine-cut tobacco, and little cigars for the US market. STG Lane’s brand portfolio includes Captain Black, Lane, and Peter Stokkebye bulk pipe tobacco and little cigars as well as Winchester little cigars and the fine-cut tobacco brands Bugler and Kite.

STG Lane Ltd. was originally founded in 1890 in Germany by the Lewin family, who immigrated to the US in 1937. The company has had various owners since 1983 and was a part of Reynolds American from 2004 until Scandinavian Tobacco Group’s acquisition of the company in March 2011.

Scandinavian Tobacco Group is an Equal Employment Opportunity (EEO) employer. It is the policy of the Company to provide equal employment opportunities to all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, protected veteran or disabled status, or genetic information.