Lead Financial Accountant

2 weeks ago

Washington, Washington, D.C., United States The Washington Post Full time

Job Overview

The finance division at The Washington Post is seeking a seasoned financial accountant to enhance the financial accounting and reporting unit. In this pivotal role, you will oversee the monthly and annual general ledger closing activities, focusing on fixed asset management, capital expenditures, and information technology engineering costs, along with other essential month-end and year-end closing tasks. A capacity to adapt to shifting business priorities, a thirst for knowledge, and an understanding of how various components contribute to the overarching goals of The Washington Post are vital for success in this position.

The Washington Post is an ideal workplace for you if you are a proactive and self-driven professional eager to apply your expertise to dynamic business processes, and you aspire to collaborate with a skilled, forward-thinking financial accounting and reporting team.

Key Motivations:

  • You aim to support a finance team dedicated to maintaining the integrity of financial data that empowers company leaders to make informed strategic choices.
  • You exhibit meticulous attention to detail and a commitment to excellence.
  • You are adaptable and open to undertaking new responsibilities as they arise.
  • You leverage your technical accounting expertise and enjoy researching accounting standards to apply guidance to complex financial transactions as needed.
  • You thrive in collaborative, cross-functional environments.
  • You are organized and focused on meeting deadlines throughout the monthly and annual closing cycles, relishing the challenge of managing your workload amidst competing priorities.

Core Responsibilities:

The Senior Financial Accountant will be accountable for:

  • Managing fixed asset accounting, which includes:
    • Monitoring existing fixed assets, recording depreciation, and coordinating the accounting for asset disposals. Ensuring proper controls, procedures, and asset requisition forms are in place for fixed asset recordation.
    • Overseeing project classifications from work in progress to placement in service.
    • Compiling project costs, comparing them to the capital budget and management approvals, and closing accounts for completed projects.
  • Preparing monthly expense entries accurately and promptly to reflect costs associated with information technology engineering (including internally developed software) by gathering and analyzing data from various business teams.
  • Conducting variance analyses for income statement accounts, international operations, and month-over-month balance sheet account comparisons.
  • Tracking and amortizing prepaid costs for IT engineering (including cloud computing).
  • Providing information and reports to the Financial Planning and Analysis team to support annual budgeting and interim forecasts.
  • Collaborating with Financial Accounting management to analyze and document appropriate GAAP accounting interpretations.
  • Maintaining and updating internal process documentation for existing accounting practices and policies.
  • Identifying opportunities for process enhancements, including utilizing technological solutions to boost efficiency and assist in implementing robotic process automation.
  • Supporting general ledger accounting functions, including journal entry preparation, month-end closing processes, financial reporting accuracy, GL account reconciliations, and variance analysis of balance sheet and income statement accounts.
  • Preparing schedules and supporting documentation for annual financial statements and tax filings as required.
  • Compiling data and schedules for audit requests during interim and year-end audit cycles in support of both external and internal audits.
  • Executing special projects, analyses, and ad hoc reporting as necessary.
  • Delivering exceptional customer service to both internal and external stakeholders.

Required Qualifications:

  • Bachelor's degree in Accounting; CPA designation preferred.
  • Minimum of 3 years of experience in general ledger accounting, including exposure to international operations.
  • Demonstrated understanding of accounting and financial principles.
  • Strong communication and presentation skills, both verbal and written.
  • Advanced proficiency in Excel, including pivot tables and power pivot.
  • Ability to work effectively within a team setting.
  • Competence in preparing and analyzing financial statements.
  • Detail-oriented with a proven track record of initiative in research and follow-through.
  • Established ability to manage multiple projects concurrently.
  • Familiarity with Oracle, BlackLine, Salesforce, Bloomberg Tax and Accounting, as well as experience with Leases and Fixed Assets and SAP software preferred.

Compensation and Benefits

The Washington Post offers a comprehensive and inclusive benefits package tailored to support you at every stage of your career:

  • Competitive medical, dental, and vision insurance.
  • Company-funded pension plan and 401(k) matching.
  • Generous vacation policy with three weeks of vacation and up to three weeks of paid sick leave.
  • Nine paid holidays and two personal days.
  • 20 weeks of paid parental leave for new parents.
  • Extensive mental health resources.
  • Backup care and caregiver concierge services.
  • Gender-affirming services.
  • Pet insurance options.
  • Complimentary digital subscription to The Post.
  • Leadership and career development initiatives.

Benefits may vary based on job classification, full-time or part-time status, location, and collective bargaining agreements.

The salary range for this position is:

$74,000.00 USD Annual

Actual salary within this range will be determined by individual skills, experience, and qualifications as they relate to specific job requirements. This position may qualify for a bonus or incentive program, with details discussed during the interview process.

The Washington Post is committed to delivering high-quality, trustworthy news and information while fostering innovation. This mission is best achieved through a diverse, multi-generational workforce with a wide array of life experiences and perspectives. All cultures and backgrounds are welcomed.

Innovation extends beyond the newsroom – numerous teams support The Washington Post. We are in search of the next innovator – how will you Impact Tomorrow?

#washpostlife

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