Accountant -- Financial Reporting

CPS, Inc.; New York (NY); On-site; USD 80,000 - 100,000; Full time

Job summary

CPS, Inc. is seeking a Financial Reporting Accountant to support monthly, quarterly, and annual close and reporting for a fast-paced agency environment.

You will prepare financial statements, ensure general ledger integrity, analyze financial results, and assist with audits and internal controls, while partnering with Finance, Operations, and client teams to deliver accurate reporting.

Qualifications

• Monthly, quarterly, and annual close and reporting experience.
• U.S. GAAP knowledge and adherence to policies.
• Strong understanding of general ledger and financial statements.

Responsibilities

• Support monthly, quarterly, and annual financial close and reporting processes.
• Prepare and review financial statements, including balance sheets, income statements, and cash flow statements.
• Perform account reconciliations and investigate variances.
• Prepare journal entries and posting such as accruals and amortization.
• Analyze revenue, expenses, and operating results by client/project.
• Assist with audits, tax support, and year-end schedules.
• Ensure compliance with U.S. GAAP and internal controls.
• Identify process improvements for reporting and controls.

Skills

Financial reporting

GAAP knowledge

General ledger

Variance analysis

Tools

Accounting software

Reporting tools

Job description

$80,000 - $100,000k

Finance & Accounting Professional, are you ready to take your career to another level with an organization that will have your interest in mind first? For the past 20 years, CPS has been working with the largest employers, specifically for their accounting and finance needs. We work strategically with our clients to find and match the best accounting and finance professionals to help improve their business.

Here at CPS, Inc, we only work with our clients to directly place quality talent for permanent and full-time positions. Our experienced recruiters spend time getting to know you, what type of work and company culture you like, and what your career goals are moving forward. We use our experience and knowledge of our client companies to find the right match for you. If you are looking to build your career, ready to take on new challenges, and gain the experiences you have always wanted, we want to work with you!

Financial Reporting Accountant

Summary

The Financial Reporting Accountant is responsible for supporting the monthly, quarterly, and annual financial reporting processes for a fast-paced advertising and marketing agency. This role will prepare and analyze financial statements, maintain the accuracy and integrity of the general ledger, support the month-end close process, and ensure compliance with U.S. GAAP and company accounting policies.

The Financial Reporting Accountant will partner closely with Finance, Account Management, Operations, and other cross-functional teams to analyze agency financial performance, support client and project accounting, and provide accurate and timely financial information to leadership.

Essential Functions

• Support the monthly, quarterly, and annual financial close and reporting processes.
• Prepare and review financial statements, including balance sheets, income statements, cash flow statements, and supporting schedules.
• Perform account reconciliations and investigate and resolve variances and unusual activity.
• Prepare recurring and non-recurring journal entries, including accruals, prepaid expenses, amortization, intercompany activity, and other month-end adjustments.
• Analyze revenue, expenses, gross profit, and operating results by client, project, department, and business unit.
• Support accounting for advertising and client-related activities, including project costs, media spend, production costs, pass-through expenses, and client billings.
• Assist with revenue recognition and ensure revenue is recorded in accordance with U.S. GAAP and company policies.
• Review accounts receivable, accounts payable, accrued expenses, and other working capital accounts for completeness and accuracy.
• Prepare monthly financial reporting packages and management reports, including variance analysis and explanations of significant fluctuations.
• Partner with Account Management and Operations teams to understand project-level financial performance, budgets, forecasts, and actual results.
• Review work-in-progress and project accounting activity to ensure revenue and costs are appropriately recognized in the correct reporting period.
• Assist with budgeting, forecasting, and financial planning activities.
• Prepare supporting schedules and documentation for external and internal audits.
• Ensure compliance with U.S. GAAP, internal accounting policies, and financial reporting controls.
• Assist with the preparation of year-end audit schedules, tax support, and other regulatory or management reporting requirements.
• Identify opportunities to improve accounting processes, reporting accuracy, and financial controls.
• Assist with implementation and maintenance of accounting systems, reporting tools, and financial processes.
• Perform ad hoc financial analysis and reporting as requested by Finance leadership.