Senior Staff Accountant

Milbank LLP; New York (NY); On-site; USD 115,000 - 135,000; Full time

Job summary

An established industry player is seeking a skilled accounting professional to support the Finance Leadership team. This role involves preparing financial statements, reconciling accounts, and ensuring compliance with accounting standards. The successful candidate will work closely with various departments to provide accurate financial data, assist in audits, and mentor junior staff. With a focus on detail and a proactive approach to problem-solving, this position offers the opportunity to contribute significantly to strategic financial decisions within a dynamic environment. If you are ready to take your accounting career to the next level, this could be the perfect opportunity for you.

Qualifications

• 5+ years of general accounting experience with financial statement analysis.
• Strong understanding of GAAP and multi-currency systems.

Responsibilities

• Prepare financial statements for domestic and foreign locations.
• Analyze and reconcile expense and balance sheet accounts.
• Develop and implement accounting procedures and process improvements.

Skills

Analytical Skills

Attention to Detail

Communication Skills

Initiative

Organizational Skills

Teamwork

Education

Bachelor's degree in Accounting or Finance

Tools

MS Office

Excel

Fixed Asset System

Job description

This position primarily supports the Accounting Manager and Finance Leadership in ensuring that financial records meet standards by reconciling accounts and analyzing financial data for completeness and accuracy, enabling management to make strategic financial decisions.

Responsibilities

• Prepare and project the financial statements for all domestic and foreign locations for month end review and pre-close meeting.
• Analyze and reconcile expense and balance sheet accounts throughout the month to ensure accuracy and consistency of financial data.
• Identify and rectify erroneous postings to the general ledger accounts.
• Coordinate with local offices to ensure proper use of general ledger accounts and timely recording of entries.
• Liaise with other Milbank departments and groups to project month-end results, daily cash balance, and assist with budget preparation and analysis both annually and during month-end review.
• Prepare journal entries and properly identify intercompany transactions.
• Maintain accurate and timely reports adhering to due dates.
• Maintain the general ledger structure, including the Firm's Chart of Accounts, entity structure and all general ledger interfaces and subsidiary ledgers.
• Provide adhoc reporting as necessary for Senior Management for strategic planning and decision making.
• Work with the Accounting Manager and the external auditors to ensure timely completion of audits.
• Prepare BEA and required governmental surveys.
• Assist with bank compliance reporting.
• Train and mentor staff accountants, developing the skills and knowledge of the team.
• Develop, implement, and ensure compliance with internal financial and accounting policies and procedures, ensuring the company adheres to the modified cash method of accounting.
• Maintain internal controls, including risk assessments and review of internal control policies to safeguard the company's assets and prevent fraud.
• Maintain and reconcile fixed assets schedules and ensure the correct calculation of depreciation.
• Assist with special projects and other related financial analysis.
• Develop and implement appropriate accounting procedures and identify and present process improvements.
• Protect confidentiality of accounting information.
• Other responsibilities as they are assigned from time to time.

The anticipated base salary range offered for this role will be between $115,000 to $135,000 and represents the firm's good faith and reasonable estimate of the base compensation range. Actual base compensation will be dependent upon several factors, including but not limited to the candidate's relevant experience, performance, qualifications, degrees, and location, as well as the needs of the firm.

Qualifications

• Bachelor's degree in Accounting or Finance is required.
• Minimum of 5 years general accounting experience including the analysis of financial statements.
• Strong understanding of theoretical accounting principles (GAAP).
• Strong attention to detail and ability to work in a fast-paced environment.
• Excellent organizational and analytical skills.
• Experience in multi-currency system in international organization.
• Ability to work independently as well as part of a team and the ability to take direction.
• Strong verbal and written communication skills.
• Proven ability to take initiative and recommend process improvement changes.
• Proficiency in MS Office with strong Excel skills.
• Prior knowledge of a fixed asset system.
• Ability to assume varied responsibilities of increasing difficulty.