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Lead Financial Administrator
2 months ago
Position Title: Lead Financial Administrator
Company: Lawrence Group People, LLC
Company Overview:
Lawrence Group People, LLC is a dynamic organization dedicated to delivering exceptional services in the event management and catering industry. With a commitment to excellence, we collaborate with various partners to curate unforgettable experiences that resonate with our clients' visions.
Core Values:
- Excellence: We aim for outstanding service and community impact.
- Creativity: Our approach is fueled by innovative ideas and a willingness to embrace new opportunities.
- Sustainable Growth: We prioritize the long-term success of our clients, our organization, and our team members.
- Compassion: We foster a supportive environment where everyone is valued and appreciated.
- Integrity: We build trust through transparency and accountability in all our actions.
Key Responsibilities:
Financial Management:
- Oversee daily financial operations, including invoice management, payroll processing, accounts payable, and billing activities.
- Administer Accounts Payable (AP) functions, including vendor setup, invoice entry, coding, and payment processing.
- Manage Accounts Receivable (AR) processes, including client onboarding, deposit handling, and receipt management.
- Ensure accurate financial documentation and assist in generating monthly and annual financial statements.
- Conduct monthly inventory assessments and reconciliations, calculating Cost of Goods Sold (COGS).
- Prepare comprehensive monthly financial reports, including Income Statements, budget comparisons, Balance Sheets, and other relevant analyses.
- Perform balance sheet reconciliations and create necessary adjusting journal entries (AJEs).
- Ensure timely reporting and payment of sales tax obligations.
- Manage cash flow to maintain financial health.
- Update and oversee the weekly financial performance dashboard.
- Process payroll for event personnel.
- Conduct monthly bank reconciliations.
- Prepare and distribute annual 1099 tax forms.
- Support the development and monitoring of the annual budget.
- Ensure compliance with regulatory requirements and insurance standards.
- Reconcile credit card transactions.
Administrative Duties:
- Input and manage data within the Customer Relationship Management (CRM) system.
- Oversee business and liquor licensing requirements.
- Provide administrative assistance to senior management.
- Facilitate onboarding processes for new hires and maintain employee records.
- Handle incoming communications and direct inquiries appropriately.
- Assist in event planning and coordination as required.
- Engage with vendors and clients to confirm event specifics.
- Support recruitment efforts, including job postings and interview scheduling.
- Coordinate staff training and development initiatives.
Qualifications:
- College degree or a minimum of 3 years of relevant experience.
- Proficient in Microsoft Office or Google Workspace.
- Strong attention to detail and exceptional organizational abilities.
- Excellent written and verbal communication skills.
- Proficient problem-solving capabilities.
- Experience with QuickBooks (online or desktop) is preferred.
- Familiarity with ADP systems is advantageous.
- Background in service or hospitality is preferred.
- Effective time management skills.
- Self-motivated individual who excels in independent work.
Supervisory Role:
This position does not include supervisory responsibilities.
Physical Requirements:
This role is primarily sedentary, though some lifting may be necessary, requiring the ability to lift up to 50 pounds and perform bending or standing as needed.
Travel Requirements:
No travel is anticipated for this position.
Compensation is competitive and commensurate with experience and qualifications.