The Lead Accounting Analyst is a detailed and hands-on role, responsible for preparation of month-end journal entries and reconciliations, as well as execution of departmental processes.
Responsibilities
- Review, prepare, and record journal entries related to balance sheet and income statement activity, utilizing and applying knowledge of Accounting to assigned tasks (e.g., Generally Accepted Accounting Principles and company policies).
- Review and provide analysis of monthly results vs budget/forecast/last year, prepare/review related commission reconciliations, and provide resolution to short/long term variances.
- Participate in various/independent campus audits and the year-end audit.
- Primary owner of the Commissions processes, including daily customer payment file, contractual donation and one-time contractual payments, and store opening set-up and store closure procedures.
- Learn systems as related to the Commissions processes to confirm accurate set-up and ongoing calculation of commissions payable.
- Collaborate with other team members to provide guidance and analysis on various commissions/contract-related requests.
- Communicate cross-departmentally within the company and with Accounting management when required.
- Utilization of strong critical thinking skills to evaluate processes and calculations to identify errors and demonstrate initiative to resolve errors.
- Management of commission system, including reporting, maintenance, FASB lease accounting, Real Estate leases, and Equipment leases.
- Continuously evaluate processes for inefficiencies or errors and implement process improvements.
- Exhibit advanced critical thinking, organization, communication, problem-solving, and interpersonal skills to effectively present results to various audiences, including customers, Operations and management within the company, and direct reports.
- Performing other duties and ad-hoc reporting/projects for the Finance Department as requested.
Requirements
- Bachelor’s degree in accounting or finance required.
- 7-10 years of accounting experience; Public or Private industry experience.
- Prior ASC 842 Lease accounting experience is preferable.
- Retail industry experience is a plus.
- Technical accounting background and strong command of accounting principles (US GAAP) required.
- Advanced Computer Skills: MS Office, MS Excel, and financial reporting systems.
- During periods of peak activity (e.g., monthly or year-end financial close, etc.), additional hours may be required.