Senior Accountant

What Goes Around Comes Around LLC; Jersey City (NJ); On-site; USD 75,000 - 110,000; Full time

Job summary

What Goes Around Comes Around LLC seeks a Senior Accountant to oversee complex accounting functions, ensure GAAP compliance, and assist with financial reporting.

The role includes month-end close, balance sheet reconciliations, and preparation of workpapers under ASC 842. Collaboration with the Finance team in a fast-paced environment is essential.

Qualifications

• 4–6 years of related accounting experience.
• Strong written and verbal communication skills.
• Expert level skills of Excel.
• Bachelor's degree in accounting or finance.
• Strong technical, problem solving, and analytical skills.
• Ability to work in a collaborative culture.
• Intermediate understanding of US GAAP and IFRS.
• Experience with financial systems implementation.
• Public Accounting/Audit experience preferred.
• Ability to work independently in a fast-paced environment with changing demands.

Responsibilities

• Prepare general ledger entries by maintaining records and files, including reviewing journal entries and reconciliations prepared by junior staff.
• Lead complex account reconciliations and general ledger management, including sales and subledger reconciliations.
• Analyze financial statements for discrepancies by performing periodic analysis of key accounts or expense categories.
• Mastery of company chart of accounts to ensure GAAP compliance of financial reporting.
• Prepare workpapers for rent based on ASC 842 standards, depreciation, prepaid amortization.
• Maintain accurate reporting through month end close process and variances analysis.
• Ownership and reconciliations of balance sheet accounts (Cash, Prepaids, Accrued Liabilities, Lease Liability).
• Sales tax processing and compliance including returns and journal entries.
• Assist with audit process and compilation of management reporting packages.
• Develop and update accounting processes within new financial system.
• Support with ADHOC analysis and reporting.

Skills

Advanced Excel

Strong communication

Analytical thinking

Collaboration

US GAAP IFRS knowledge

Adaptable

Education

Bachelor's degree in accounting or finance

Tools

ERP systems

Job description

The Senior Accountant role will be responsible for overseeing complex accounting functions, ensuring compliance with accounting standards, and assisting with financial reporting process.

Essential Duties and Responsibilities:

• Prepare general ledger entries by maintaining records and files, including reviewing journal entries and reconciliations prepared by junior staff.
• Lead complex account reconciliations and general ledger management, including sales and subledger account reconciliations.
• Analyze financial statements for discrepancies by performing periodic analysis of key accounts or expense categories.
• Mastery of company chart of accounts to ensure GAAP compliance of financial reporting.
• Preparation of workpapers for rent based on ASC 842 standards, fixed asset depreciation, prepaid expense amortization.
• Maintain accurate reporting through month end close process: including but not limited to review of variance vs budget to identify missing entries and errors, booking of necessary accruals and/or reserves, and ensuring completeness and accuracy of the month end close process.
• Ownership, maintenance, and reconciliations of balance sheet accounts (Cash, Prepaids, Accrued Liabilities, Lease Liability, etc.)
• Sales tax processing and compliance, including but not limited to filing of monthly sales tax returns, ensuring company compliance with regulatory requirements, analyzing variances, and preparing related journal entries.
• Assist with audit process (financial, bank, sales & use tax), preparing schedules, gathering audit support and investigating variances.
• Assist with the compilation of monthly, quarterly and annual management reporting packages.
• Developing and updating accounting processes within new financial system.
• Support Accounting & Finance teams with ADHOC analysis and reporting.

Required Skills / Experience:

• 4-6 years of related accounting experience
• Strong written and verbal communication skills
• Expert level skills of Excel
• Bachelor's degree in accounting or finance
• Strong technical, problem solving, and analytical skills
• Ability to work in a collaborative culture
• Intermediate level understanding of US GAAP and IFRS
• Experience with financial systems implementation
• Public Accounting/Audit experience preferred
• Ability to work independently in a fast-paced environment with constantly changing demands
• Ability to juggle multiple demands with strong time management skills