Manager- Accounting and Reporting Job at FIRSTENROLL LLC in Holmdel

Manager of Accounting and Reporting

Position Overview:

The Manager, Accounting and Reporting is responsible for overseeing financial reporting, compliance, and accounting operations within the organization. This role requires a thorough understanding of accounting principles (GAAP), financial regulations, and reporting standards. The Manager, Accounting and Reporting will lead a team of accounting professionals to ensure accurate and timely financial reporting, maintain compliance with regulatory requirements, and provide strategic financial insights to support decision-making.

Key Responsibilities:

• Financial Reporting:
  1. Lead the preparation and analysis of monthly, quarterly and annual financial statements, including income statements, balance sheets, and cash flow statements, ensuring accuracy and compliance with GAAP (Generally Accepted Accounting Principles) and relevant regulatory standards.
  2. Manage the month and year end close process.
  3. Ensure adherence to internal controls and accounting policies throughout the financial reporting process.
  4. Review financial reports, including balance sheets, income statements, and cash flow statements, for completeness, accuracy, and consistency.
  5. Ensure that all balance sheet accounts are reconciled monthly.
  6. Review and analyze all reserve accounts and ensure the balance is appropriate.
• Financial Analysis:
  1. Conduct financial analysis to support decision-making, budgeting, and forecasting activities.
  2. Provide insights and recommendations to senior management based on financial performance and trends.
• Audit Coordination:
  1. Serve as the primary point of contact for external auditors during financial audits.
  2. Coordinate audit activities, provide requested documentation and explanations, and ensure audit findings are addressed promptly.
• Process Improvement:
  1. Identify opportunities to streamline accounting processes, improve efficiency, and enhance internal controls to mitigate risks and strengthen financial reporting integrity.
  2. Identify and implement technological solutions to automate repetitive tasks, enhance data accuracy, and optimize resource allocation.
• Compliance Management:
  1. Ensure compliance with all applicable financial regulations, including tax laws, regulatory filings, and reporting requirements.
  2. Stay abreast of changes in accounting standards and regulations and implement necessary adjustments to ensure compliance.
• Team Leadership:
  1. Manage and develop a team of accounting professionals, providing guidance, training, and support to ensure high performance and professional growth.
• Communication:
  1. Communicate financial results, and key metrics to internal stakeholders.
  2. Present complex financial information in a clear and concise manner.

Qualifications:

• Bachelor’s degree in accounting, CPA certification preferred.
• 5+ years of progressive experience in accounting, with at least 2 years in a supervisory or managerial role.
• In-depth knowledge of GAAP, financial reporting standards, and regulatory requirements.
• Strong analytical skills and the ability to interpret complex financial data.
• Excellent leadership and team management skills, with a proven ability to motivate and develop staff.
• Advanced proficiency in accounting software and Microsoft Excel; experience with NetSuite preferred.
• Effective communication and presentation skills, with the ability to interact confidently with senior management and external stakeholders.
• Strong attention to detail, organizational skills, and the ability to prioritize and manage multiple tasks effectively.
• Ability to adapt to a fast-paced, dynamic environment and manage competing priorities effectively.
• Proven track record of driving process improvements and implementing best practices in accounting and reporting functions.

The Manager, Accounting and Reporting plays a critical role in ensuring the accuracy, integrity, and compliance of financial reporting while providing strategic insights to support the organization's overall financial objectives. This position offers an opportunity for a seasoned accounting professional to lead a dynamic team and contribute to the continued success of the organization.