Finance Coordinator
4 weeks ago
To ensure that you receive consideration for this position, please read and follow the job opportunity announcement carefully. Your qualifications will be assessed based on your resume, the responses provided in the questionnaire, and all other materials requested in the job opportunity announcement. After the evaluation is complete, you will be notified of the results via email.
Job Overview: This role provides essential accounting support to the Chief Financial Administrator. The position requires applying accounting principles to analyze financial data and prepare comprehensive financial reports through the following responsibilities.
Key Responsibilities:
- Analyze financial data to prepare accurate financial reports.
- Maintain records of assets, liabilities, profits and losses, tax obligations, and other financial activities within the organization, including the general ledger as required.
- Assist with month-end processes, including journal entries, payroll accruals, and account reconciliations.
- Post daily cash transactions and reconcile bank statements with the appropriate general ledger accounts.
- Oversee inventory control, route management, and invoicing software for the laundry division.
- Train operational staff on necessary data input functions.
- Collaborate closely with laundry management, operations, corporate management, and accounting personnel to ensure accurate revenue and cost projections.
- Assist in developing annual budgets for projects and corporate general and administrative expenses, updated monthly.
- Support the creation of an annual consolidated corporate budget, incorporating individual project budgets and corporate G&A expenses.
- Develop systems to track management performance in key areas.
- Assist in calculating incentive pay regularly throughout the fiscal year.
- Contribute to the development of new incentive plans for the upcoming fiscal year that fairly distribute incentive pay and adequately reward managers for their key responsibilities.
- Assist in preparing income statements, balance sheets, and cash flow projections for new ventures and overall corporate financial forecasts.
- Prepare detailed monthly projections of corporate results, incorporating year-to-date actuals and best estimates for the remainder of the year by individual project.
- Conduct monthly bank reconciliations for specified accounts by the 10th of the following month.
- Enter monthly data from individual profit and loss statements into comparative Excel spreadsheets, verifying and analyzing any variances by the 20th of the month.
- Provide backup support for Accounts Payable as needed during staff absences.
- Knowledge, Skills, and Experience: To perform this job successfully, candidates should demonstrate the following competencies:
- Professionalism: Approaches others tactfully; maintains composure under pressure; treats others with respect; accepts responsibility for actions; follows through on commitments.
- Education and Experience: A Bachelor's degree in Accounting from an accredited institution and a minimum of 5 years of relevant experience or an equivalent combination of education and experience.
- Mathematical Skills: Ability to work with mathematical concepts, including probability, statistical inference, and fundamentals of geometry and trigonometry. Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
- Reasoning Ability: Ability to solve practical problems and address a variety of concrete variables in situations with limited standardization. Ability to interpret various instructions in written, oral, diagram, or schedule form.
- Dependability: Follows instructions, responds to management direction; takes responsibility for actions; keeps commitments; completes tasks on time or communicates alternate plans as necessary.
- Computer Skills: Proficiency in accounting software, Excel, and word processing applications is essential.
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