Accounting Manager

Accounting Manager

4807 Beryl Rd, Raleigh, NC 27606, USA Req #1385

Friday, September 13, 2024

PRIMARY FUNCTION :

To maximize company profits and effectiveness, while maintaining the integrity of its financial representation through the development, supervision and administration of accounting areas.

ESSENTIAL DUTIES :

Management


* Leads a team of 4/5 non-supervisory professionals.



* Responsible for managing, training, and mentoring a team of accountants, ensuring their productivity while also fostering a positive and collaborative work environment.

Risk Mitigation & Internal Control


* Monitors ledger accounts and reconciliations related to Accounts Payable, Accounts Receivable, Payroll & Fixed Assets.



* Administers the corporate retention policy for the safe keeping of all accounting documents and support.



* Monitors employee compliance with accounting policies; specifically, expense reporting.

Cash Management and Banking


* Overseeing daily transactions and approving daily accounts payables and payroll-related disbursements from and between bank accounts.



* Maintains user security and access to banking portal and related modules for all of Finance.



* Assists in employee corporate credit card user maintenance.

Accounting Operations & Processes


* Directs the accurate and timely accumulation and recording of all financial transactional data, including assets, liabilities, revenues and expenses.



* Establishes and maintains processes and procedures which ensure compliance with generally accepted accounting principles (GAAP).



* Develops and leads accounting initiatives that create operational efficiencies, improve communications and decision-making and strengthen financial reporting and controls.



* Collaborates extensively with Operations Managers to support their strategic business plans with financial systems, meaningful reporting and administrative processes.



* Responsible for lease and revenue recognition accounting standards.

Budgeting


* Coordinates with operational Managers and prepares worksheets for annual budget.



* Maintains the methodology and tools to import budget data into the accounting system.



* Responsible for calculating allocation percentages and creation of allocations for budget.



* Maintains budget consolidation and summary reporting for management and CFO.

Forecasting


* Maintains the process for the Cash Forecast and oversees day to day.



* Maintains the process for the Financial Forecast and updates monthly.



* Maintains the process for the Inventory Forecast and oversees month to month.

Reporting


* Responsible for the monthly financial statement review typically split between Machine Sales, Rental, Parts & Service, Indirect Expenses and Other Income and expense.



* Leads Month-end and year-end close process, including allocation and other closing entries.



* Prepares internal accounting rep...