Senior Financial Accountant

2 months ago

New Orleans, Louisiana, United States MPLOY Full time
Job Overview

Position Summary:

The Financial Accountant oversees all monetary operations within the organization, ensuring that client invoicing and financial transactions are precise and punctual. Collaborates with various teams to maintain an up-to-date understanding of client projects, equipping the accounting division to effectively manage accounts payable, accounts receivable, and related tasks. Maintains a thorough understanding of the organization's financial condition, offering insights and suggestions to enhance departmental efficiency, financial stability, and client interactions.

Reporting Structure: Reports directly to the CEO

Key Responsibilities:

  1. Generate monthly financial reports and conduct in-depth analyses to gain insights into business performance and accounting activities, advising on necessary actions.
  2. Conduct monthly bank reconciliations.
  3. Prepare and enter General Journal Entries, managing the flow of information into the general ledger.
  4. Develop monthly, quarterly, and annual financial forecasts along with other reporting obligations.
  5. Manage reporting, client invoicing, and accounts payable/receivable processes with accuracy and timeliness.
  6. Supervise the processing of vendor invoices to ensure alignment with purchase orders and general ledger accounts.
  7. Record credit card transactions monthly for reconciliation purposes.
  8. Ensure timely entry and posting of vendor invoices.
  9. Maintain direct communication with vendors and clients regarding outstanding invoices and payments.
  10. Guarantee that billing and supporting documents provided to clients are accurate and fulfill contractual requirements.
  11. Collaborate with the President to prepare and review the monthly, quarterly, and annual operating budget, including billings, gross income, expenses, bonuses, and retirement plans.
  12. Execute monthly closings of company accounts and client projects.
  13. Produce monthly job costing reports to analyze client profitability.
  14. Organize and assist external auditors during annual financial statement audits.
  15. Enhance and maintain documentation standards for internal controls.
  16. Establish effective accounting procedures and policies that align with corporate goals.
  17. Conduct treasury operations, including wire transfers, stop payments, and check voids.
  18. Manage all employee benefits and insurance-related matters, including:
  • Company-sponsored benefit programs (401K, Health, FSA, Supplemental, and respective contributions).
  • Administer all payroll processes, tax deductions, and withholdings.
Foster a strong line of communication with client accounting counterparts.Work alongside the President to ensure profitability and explore new avenues to enhance overall organizational profitability and resource utilization.Safeguard corporate assets through robust accounting policies and procedures, including:
  • Provision for necessary insurance coverage.
  • Protection of business assets and loss prevention through internal controls and audits.
Contribute to corporate strategy and operations as a vital team member.Collaborate with various departments to secure support for accounting processes and documentation.Educate, mentor, supervise, and assess all agency members on accounting-related issues.Participate in interdepartmental meetings.Perform any other reasonable tasks that add value or advance the agency or its clients.

Qualifications:

  • Minimum of 3 years of accounting experience required; experience in small business and marketing/advertising preferred.
  • Familiarity with finance and accounting systems, including QuickBooks and Workamajig, is advantageous.
  • Proficient in Microsoft Excel.
  • Detail-oriented with a positive attitude and strong problem-solving skills.
  • Excellent communication abilities, capable of working independently and collaboratively.
  • Able to engage and communicate effectively with employees across various departments, both in-person and remotely.
  • Self-motivated individual willing to embrace an expanded role over time.
  • Bachelor's degree in Accounting or Finance is required.
  • Understanding of internal controls over financial reporting is essential.

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