Accounting Manager

4 weeks ago


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

We are seeking an experienced Accounting Manager to join our team at Powerfull Electric Inc. As a key member of our financial operations team, you will be responsible for the effective management and profitable operation of our branch office.

Key Responsibilities

  • Train and support accounting staff by monitoring and approving daily accounting functions (AR, AP, Job legal and compliance, and others as required) in accordance with legislation, contract terms, accounting principles, and company procedures.
  • Develop and implement dynamic budgeting/forecasting models to enhance cash flow and job profitability.
  • Ensure that financial information, analysis, and reporting are accurate, timely, reliable, and relevant to assist the controller, management, and executive team in effectively performing their responsibilities.
  • Collaborate with the Service Manager to ensure service finances are booked monthly in a timely manner.
  • Responsible for month-end activities such as miscellaneous journal entries, project job costing, job profitability analysis, construction-related account reconciliations, and supporting Operations with special analysis for the projects.
  • Provide monthly assistance to Operations in the preparation of monthly billings.
  • Monitor cash flow and escalate to Operations on tracking A/R and when the projects are paid.
  • Backup for the senior accountant's scope of work.
  • Coordinate with Accounts Payable to ensure all necessary waivers and forms are provided and reviewed.
  • Support A/R, including investigation of variances, coordinating compliance documents, and ensuring project billings and payments are issued in an accurate and timely fashion. If escalation, it includes researching and resolving billing and/or payment discrepancies.
  • Assist with annual budget preparation.
  • Ensure that all projects are opened and closed according to company/accounting procedures, including the job legal and compliance requirements.
  • Reconcile approved estimate jobs with Labor Resource plan and approved time tracking.
  • Assist with onboarding new contractors to ensure billing requirement understanding and compliance.
  • Eager to provide improvements/automate the accounting and reporting process.

Requirements

  • Decision making
  • Multitasking
  • Task follow-up
  • Excellent written and verbal communication
  • Maintain a high level of confidentiality
  • Adherence to laws and best practices regarding dealing with clients and data


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