Accounting Manager

20 hours ago

SE Loop UNIT D Odessa TX USA, United States PERMIAN BASIN MATERIALS LLC Full time
Job Summary

The Accounting Manager will serve as a key member of the accounting team, providing strategic decisions to senior management regarding the continuous improvement of strategy, business performance, and profitability.

Key Responsibilities
  • Oversee the daily operations of the accounting department, including accountants, accounts payable, and receivable departments.
  • Maintain accurate financial records and ensure compliance with GAAP.
  • Prepare timely and accurate monthly, quarterly, and annual financial reports in accordance with GAAP.
  • Supervise the accounting department and ensure effective internal controls are in place.
  • Assist the CFO, VP of Finance, and Financial Analyst with annual budget and rolling forecasts, report on budget vs actual, and perform variance analysis.
  • Perform and/or oversee credit card, balance sheet, and bank account reconciliations.
  • Oversee all fixed asset accounting, including cost analysis for purchase, inventory, and valuation, and depreciation schedules.
  • Perform intercompany eliminations for multi-entity activity.
  • Ensure accurate accounting of debt, including capital leases.
  • Work with the VP of Finance and external auditors to ensure proper accounting of acquisitions.
  • Assist the VP of Finance with accurate cash flow forecasting.
  • Develop a thorough understanding of how transactions are processed through the system and accounted for in the general ledger.
  • Work with external auditors, understanding of GAAP changes, and communicating and implementing changes.
  • Assist the VP of Finance with annual external audit.
  • Work with outside professionals, including CPA firms, banks, and insurance agents, to prepare all information and schedules and serve as the primary liaison for external audit.
  • Build a working relationship with plant and district managers to develop strong communication regarding their financial reporting.
  • Earn the respect of peers, subordinates, and superiors for integrity, ethics, moral compass, and ability to set a standard for leadership to follow.
Requirements
  • Bachelor's degree required with a minimum of five to seven years in senior accounting/finance roles.
  • Requisite skills to understand financial drivers of the business, oversee accuracy of US GAAP accounting, manage external auditors, and communicate well with district managers on financial performance.
  • PE-backed experience not necessary but is a plus. Experience in a family-owned business where the executive helped to retain local company knowledge and expertise while establishing best-in-class financial processes is also a plus.
  • Experience with annual budget and long-range financial planning processes and managing and developing monthly financial reporting and analysis is required.
  • Experience managing or working in an organization with external debt facilities, including bank financing, containing quarterly financial reporting and covenant compliance is a strong plus.
  • Experience leading and developing a financial ERP system is a strong plus.
  • M&A experience or experience integrating and consolidating financial systems as part of an acquisition is a plus.
  • Outstanding communication and presentation skills, both written and verbal.
  • Exceptional problem-solving capabilities and intellectual curiosity.
  • Demonstrated ability to successfully balance the achievement of short-term objectives with longer-term strategic goals.
  • Comfortable with a fast-paced, entrepreneurial environment.
  • CPA, CMA designation is a strong plus.
  • A valid driver's license with no major violations that would exclude a person from driving for business as defined by our insurance carrier and company policy.
  • Ability to work in a fast-paced, deadline-driven environment.

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