Manager of Accounting
LifeLoop
Accounting & Finance
United States · Remote
Posted on Nov 21, 2024
The Opportunity: Manager of Accounting
The Manager of Accounting will oversee the accounting operations of the company, ensuring accuracy in financial reporting and compliance with accounting standards. This role will lead a team of accounting professionals and collaborate closely with cross-functional teams to support the company’s financial health and strategic goals.
What can you expect the role to look like:
- Financial Reporting:
Prepare and present monthly, quarterly, and annual financial statements in compliance with GAAP. Analyze financial data and provide insights to support decision-making. Handle complex transactions such as mergers, acquisitions, and foreign currency transactions, applying advanced accounting principles and standards, including ASC 606 and ASC 842. - General Ledger Management:
Oversee the maintenance of the general ledger, ensuring all transactions are accurately recorded and reconciled. Manage month-end and year-end closing processes, including complex transactions that require expert application of advanced standards. Develop and implement robust internal controls to ensure accurate financial reporting and safeguard against fraud. - Compliance and Audit:
Ensure compliance with local, state, and federal regulations and taxing authority requirements, including sales and income tax registrations and filings. Support coordination of external audits and prepare necessary documentation for auditors and tax preparers. Proactively identify financial risks and evaluate their potential impact on the organization, ensuring all compliance measures align with industry standards and regulatory requirements. - Team Leadership:
Lead and mentor the accounting team, providing training and support to ensure professional development and efficient workflow. Delegate tasks effectively and oversee staff accountants, clearly communicating requirements and expectations, while providing professional guidance, quality control, and support for complex transactions and processes. - Process Improvement:
Identify areas for improvement in accounting processes and systems, implementing best practices to enhance efficiency and accuracy. Draft and circulate new and updated policies and procedures to ensure proper documentation of accounting-related activities. Understand and utilize automation tools and accounting system integrations to streamline processes and boost operational efficiency. - Collaboration:
Work closely with other departments, including finance, sales, and operations, to provide financial insights and support business initiatives. Coordinate with FP&A team with respect to detailed financial analysis, trend analysis, financial modeling, budgets and financial forecasts. - Advanced Accounting Systems and Tools:
Use sophisticated accounting systems and tools for managing complex financial operations, including general ledger, financial consolidation, billing and revenue recognition, travel and entertainment, accounts payable and monthly close.