Financial Operations Associate
2 weeks ago
The Financial Operations Associate will be integral to the fiscal management of a private equity-backed shared service team, tasked with facilitating accounting functions across various portfolio companies. This position is well-suited for a meticulous individual with a solid background in public accounting, eager to transition into a vibrant corporate setting.
Primary Responsibilities:
- Assist in the creation of monthly, quarterly, and annual financial reports.
- Conduct account reconciliations and verify the precision of general ledger entries.
- Support the closing processes at month-end and year-end, ensuring timely and accurate financial reporting.
- Manage and oversee accounts payable and accounts receivable transactions.
- Ensure prompt payments and collections while resolving discrepancies with vendors and clients.
- Engage in financial analysis, budgeting, and forecasting tasks.
- Prepare variance analyses and contribute to the development of management reports.
- Ensure adherence to internal controls and accounting policies.
- Assist in audit preparations by compiling documentation and addressing auditor inquiries.
- Collaborate closely with the shared service team to facilitate accounting operations across multiple portfolio companies.
- Work in conjunction with other departments to guarantee the accuracy and completeness of financial data.
Required Qualifications:
- Bachelor's degree in Accounting, Finance, or a related discipline.
- A minimum of 2 years of experience in public accounting, ideally with exposure to diverse industries.
- Comprehensive understanding of GAAP and accounting principles.
- Proficiency in accounting software and advanced Excel capabilities.
- Exceptional attention to detail and strong organizational skills.
- Excellent communication and interpersonal abilities, with a capacity to work effectively within a team.
- Ability to juggle multiple tasks and meet deadlines in a dynamic environment.
- Experience in shared service settings or private equity-backed firms.
- CPA designation or progress toward certification is preferred.
- Familiarity with ERP systems such as SAP, Oracle, or NetSuite.
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