Financial Operations Manager

2 weeks ago


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

POSITION OVERVIEW
The Financial Operations Manager is tasked with overseeing general accounting responsibilities related to the fiscal management of LBCT, including the assessment, preparation, and completion of the monthly closing procedures. This role ensures that internal financial controls are effectively implemented, prepares for both internal and external financial audits, and guarantees the completeness and accuracy of financial and accounting data across various accounting cycles, including accounts payable, fixed assets, and accounts receivable.

This position 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 comprehensive, precise, and timely financial reporting and analysis that will inform the development of a fiscal strategy aligned with the company's objectives.

Essential duties include:

  • Reviewing general accounting transactions across various cycles, including Accounts Payable, Accounts Receivable, Fixed Assets, Revenue, and Expenses, as well as managing the monthly closing process.
  • Assisting in the preparation of accurate monthly financial reports, encompassing budgets, periodic forecasts, statutory reporting, tax filings, and other accounting-related reports.
  • Ensuring compliance with Generally Accepted Accounting Principles (GAAP) and Financial Accounting standards.
  • Reconciling and reviewing balance sheet accounts on a monthly basis and preparing inter-office standard accounting forms.
  • Researching and proposing new accounting policies or addressing accounting matters, such as lease accounting and revenue recognition.
  • Identifying and implementing improvements to accounting processes as necessary.
  • Maintaining accounting records, including the general ledger and subsidiary ledgers, and assisting clerks with the preparation of journal entries.
  • Conducting account analysis, balance sheet reconciliations, and updating accounting schedules.
  • Coordinating with relevant personnel to ensure timely month-end and annual closing of accounting records.
  • Collaborating with IT and other stakeholders to ensure the accuracy and completeness of payroll, accounts payable, and accounts receivable systems.
  • Performing additional assignments as required.

REQUIRED SKILLS AND QUALIFICATIONS
The ideal candidate will possess a strong understanding of Generally Accepted Accounting Principles (GAAP) and demonstrate effective managerial, supervisory, and decision-making skills to guide Accounting Clerks in achieving organizational goals. Key qualifications include:

  • Ability to delegate tasks effectively and resolve issues in a fair manner.
  • Excellent interpersonal skills with the ability to engage with individuals at various levels within the organization.
  • Strong communication skills, both verbal and written, with the ability to present and defend viewpoints.
  • Proficiency in Microsoft Office Suite (Word, Excel, Outlook, PowerPoint, and Visio) and familiarity with financial and accounting information systems, preferably SAP.
  • BA/BS degree in Accounting or Finance, with a minimum of 3 years of relevant accounting experience.
  • CPA certification is preferred.

WORKING CONDITIONS
This role is primarily performed indoors at LBCT locations, with potential travel to other sites as needed. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

NOTE:
This job description is not exhaustive. Employees may be required to perform other related duties to meet the ongoing needs of LBCT, LLC, which is an equal opportunity employer.



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