Financial Operations Manager

2 weeks ago

Long Beach, California, United States LBCT, LLC Full time

POSITION OVERVIEW
The Financial Operations Manager plays a crucial role in overseeing the accounting functions related to the financial management of LBCT, LLC. This includes reviewing, preparing, and finalizing the monthly closing process, ensuring that robust internal financial controls are established, and preparing for both internal and external financial audits. The manager will ensure that all financial and accounting data is accurate and complete across various accounting cycles, including accounts payable, fixed assets, and accounts receivable.

This role also involves assisting in the supervision of accounting clerks within the organization.

KEY RESPONSIBILITIES
Under the guidance of the General Manager of Accounting, the Financial Operations Manager will be responsible for delivering precise, timely financial reporting and analysis that will inform the development of a fiscal strategy aligned with the company's objectives.

  • Assist in reviewing general accounting transactions across various cycles, including Accounts Payable, Accounts Receivable, Fixed Assets, Revenue, and Expenses.
  • Support the General Manager of Accounting in preparing comprehensive monthly financial reports, including budgets, forecasts, and statutory reporting.
  • Ensure compliance with Generally Accepted Accounting Principles (GAAP) and Financial Accounting standards.
  • Conduct monthly reconciliations and reviews of balance sheet accounts, preparing necessary inter-office accounting forms.
  • Research and propose new accounting policies or address accounting matters, such as lease accounting and revenue recognition.
  • Identify and implement improvements to accounting processes as needed.
  • Assist in maintaining accounting records, including the general ledger and subsidiary ledgers.
  • Perform account analysis and reconciliations, updating and calculating necessary accounting schedules.
  • Coordinate with relevant personnel to ensure timely month-end and annual closing of accounting records.
  • Collaborate with IT and other stakeholders to ensure the accuracy and completeness of payroll, accounts payable, and accounts receivable systems.

REQUIRED SKILLS AND QUALIFICATIONS
The ideal candidate will possess a strong understanding of GAAP and demonstrate effective managerial and supervisory skills to guide accounting clerks in achieving organizational goals. Key skills include:

  • Ability to delegate tasks effectively and resolve issues fairly.
  • Excellent interpersonal skills, capable of interacting with individuals at various levels within the organization.
  • Strong communication skills, both written and verbal, with the ability to present ideas clearly.
  • Proficient in Microsoft Office Suite and familiar with financial and accounting information systems, preferably SAP.
  • Ability to manage multiple priorities and maintain positive working relationships.

EDUCATION AND EXPERIENCE
A Bachelor’s degree in Accounting or Finance is required, along with a minimum of three years of relevant accounting experience. Experience in public accounting firms is preferred, and a CPA designation is advantageous.

WORKING CONDITIONS
This position is primarily office-based, with potential travel required for specific assignments.

NOTE:
This job description is not exhaustive and may be subject to change as the needs of LBCT, LLC evolve.

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