Keep financial information structure (ledgers) properly set up and updated to meet all financial reporting needs: local compliance (Mexican tax) and corporate reporting and consolidation.Ensure financial reporting systems are set up and maintained to comply with local regulations and corporate requirements.Work with both internal and external auditors, local and corporate to ensure successful and timely audits.Improve accounting processes to streamline period end close and financial reporting.Ensure finance policies and accounting internal controls are followed through the close, consolidate, report process, including reconciliations, supported journal entries and analysis of balance sheet accounts.Maintain financial statements of Mexican legal entity in compliance with local requirements and regulations.Prepare financial statements and notes, and other financial reports for all levels of the organization including the Board.Lead the month end, quarter end and annual financial close and reporting process in supported business units as well as corporately.Engage with Customer Focus Teams to solve problems such as determining how to invoice a new customer contract that requires building in one business unit and testing in another.Support the Customer Focus Teams in transacting correctly through the ERP system and troubleshooting issues. Provide analytics by customer comparing to plan to ensure accurate financial reporting.Engage with Customer Focus Teams to enable an understanding of financial results down to the customer level.Work with the Finance Business Partner to enable the General Managers to understand the future business state and develop strategy to achieve growth.Enhance the financial acumen of business unit leadership through close personal engagement to enable the General Manager to present financial information to EVPs and CEO Leadership Team.Present the financial results monthly to the business unit leadership team, including variance analysis to prior periods and to plan.Deliver timely, accurate and relevant financial information about business unit performance, highlighting key opportunities for improvement.Partner with General Managers to deepen financial insight into their business unit and support information-driven decision making.The successful candidate also supports company-wide initiatives, including strengthening the organization’s internal control framework, process improvements and enhancing the overall Finance environment.ÄUTIES/ RESPONSIBILITIES include, but not limited to: LAKER COMPANY Income Statements For Month Ended January 31 Specific Weighted Identification Average FIFO LIFO Sales Cost of goods sold Gross profit Expenses income before taxes Income tax expense Net income S 5,2255,225 s 5.Reporting to the Financial Services Leader, the Accounting Partner is responsible for delivering professional services and financial solutions to the organization. Assume (Round your intermediate caiculations to 2 decimal places) 3 Answer is complete but not entirely correct. Complete comparative income statements for the month of January for Laker Company for the four inventory methods. For specific identification, ending inventory co 250 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning inventoy nsists of 280 units, where Exercise 5-4 Perpetual: Income effects of inventory methods LO A1 Required: 1. 30 Purchase 148 units $19.89 250 units 555 units 8.52,125 Totals $5,045 275 units The Company uses a perpetual inventory system. (Round your Intermediate calculations to 2 decimal places.) ome Statements For Month Ended January 31 Complete comparative income statements for the month of January for Laker Company for the four inventory methods Assume expenses are $1.600, and that the applicable income tax rate is 40%. 25 Sales Totals sss units 5,045 27 unies The Company uses a perpetual inventory system For specific identification, ending inventory consists of 280 units, where 250 are from the January 30 purchase, 5 are from the January 20 purchase, and 25 are from beginning inventory ferences Exercise 5-4 Perpetual: Income effects of inventory methods LO A1 Required: 1. The following information applies to the questions displayed below Laker Company reported the following January purchases and sales data for its only product 50 points Book 75 units8 510.60 $1,750 10 unitse 59.00- 1,17 250 units9 8.50-2-12 an1 Beginning Inventery an. Transcribed image text: 0 Required information Use the following information for the Exercises below.
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