Financial Operations Supervisor

2 weeks ago


Los Angeles, California, United States Powerfull Electric Full time
Job Overview

We are in search of a Financial Operations Supervisor who will oversee the efficient management and profitable functioning of the assigned branch.

KEY RESPONSIBILITIES:

· Mentor and guide the accounting team by supervising and authorizing daily financial operations (Accounts Receivable, Accounts Payable, compliance, and other necessary functions) in alignment with legal standards, contractual obligations, accounting principles, and company policies.

· Develop dynamic budgeting and forecasting models to improve cash flow and project profitability.

· Ensure that financial data, analyses, and reports are precise, timely, trustworthy, and pertinent to aid the controller, management, and executive team in fulfilling their duties effectively.

· Collaborate with the Service Manager to guarantee that service-related finances are recorded monthly without delay.

· Manage month-end processes including miscellaneous journal entries, project costing, profitability assessments, and reconciliations related to construction accounts, while providing Operations with specialized analyses for projects.

· Offer monthly support to Operations in the preparation of billing statements.

· Monitor cash flow and alert Operations regarding Accounts Receivable tracking and project payments.

· Serve as a backup for the senior accountant's responsibilities.

· Coordinate with Accounts Payable to ensure all necessary documentation and waivers are submitted and reviewed.

· Assist with Accounts Receivable tasks, including investigating discrepancies, coordinating compliance documentation, and ensuring accurate and timely billing and payment processes. In case of issues, this includes researching and resolving billing or payment conflicts.

· Contribute to the annual budget preparation process.

· Ensure that all projects are initiated and concluded in accordance with company and accounting procedures, including legal and compliance requirements.

· Reconcile approved project estimates with labor resource plans and time tracking records.

· Assist in onboarding new contractors to ensure understanding and compliance with billing requirements.

· Demonstrate a proactive approach to improving and automating accounting and reporting processes.

· Execute all other tasks related to this position as assigned by the supervisor.

QUALIFICATIONS:

· Strong decision-making abilities.

· Ability to multitask effectively.

· Excellent task management and follow-up skills.

· Exceptional written and verbal communication skills.

· Maintain a high level of confidentiality.

· Adhere to laws and best practices when dealing with clients and sensitive data.

Company Overview

Powerfull Electric Inc. is a premier electrical contracting firm committed to delivering state-of-the-art electrical systems to luxury residential clients. We pride ourselves on providing exceptional service, unparalleled quality, and bespoke craftsmanship throughout the construction process and the lifetime of our clients' estates. Our team is our greatest asset, comprising skilled professionals who excel in all facets of design, development, planning, execution, and management of electrical services. We are POWERFULL ELECTRIC.



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