Senior Accounting Analyst
The Senior Accounting Analyst evaluates, develops, and maintains accounting principles, practices, and procedures. Working under the direction of their Manager, the Senior Accounting Analyst will prepare accurate and timely operating expense trend reports and analyses for assigned locations and departments through monthly detailed account analysis. Account analysis includes, but is not limited to, a monthly, fluctuation analysis and explanation based on materiality thresholds established by the department as well as the analysis, preparation, and presentation of assigned balance sheet account analysis and fluctuation explanations. Additionally, prepares accurate and complete partnership financial packages (monthly, quarterly, and annually) for assigned partnership(s) including, but not limited to, income statement and balance sheet supporting schedules. The Senior Accounting Analyst is also responsible for organizing monthly financial reviews with operations and joint venture partners and acting as the primary financial liaison between financial planning, accounts payable, payroll, and purchasing. On an annual basis, the Senior Accounting Analyst will prepare the budget for their respective markets and account categories.
Responsibilities
- Prepare and record journal entries and reconciliations and make necessary corrections to ensure the accuracy of our financial reports
- Prepare account reconciliations and related analysis of various balance sheet account on a monthly basis and document flux analysis on our overall analytical review (OAR) for all comparable periods.
- Develop and document policies and procedures
- Work collaboratively to develop and lead process improvement initiatives
- Interact with internal and external auditors.
- Partner with colleagues involved in operations to develop an in-depth knowledge of operations in order to provide accurate, complete, and timely operational financial statements
- Participate in and/or lead various projects, meetings, and/or other accounting functions as assigned by management.
- Collaborate with AP ensuring expenses are properly coded, overseeing recommended payment reports, sub-ledger reconciliations
- Assist in review of fixed asset accounts to ensure proper account coding and compliance with capitalization policy
- Perform special, ad-hoc projects in accounting/finance as needed
- Help implement accounting policy and procedures to support best practices
- Recommend modifications to policies, procedures system applications where improvement to efficiency and effectiveness may be made
- Follow and comply with Generally Accepted Accounting Principles (GAAP) for financial statements
- Record and research all financial information for analysis
- Prepare and provide monthly, quarterly, and annual budgets and related analytical commentary for review with the operations team
- Understanding of key financial concepts such as budgeting, forecasting, account reconciliations, and financial statement preparation
- Support day-to-day accounting and operations with an emphasis on automation and improving current processes
- Partner with cross-functional business partners and third parties to foster working relationships, support company initiatives, and assist with ad hoc projects
- Participate in required SOX compliance control testing
- Be an integral part of monthly accounting close processes by performing variance analysis to ensure accuracy.
- Prepare accurate and timely monthly and quarterly detailed financial reporting summaries and analyses for use by operations.
- Prepare accurate and timely accruals, reclassification entries, and variance analysis
- Analyze, recommend, and implement process improvement opportunities that enhance the efficiency of the accounting and finance processes while also increasing the informative value of the content provided to our internal operations team and joint venture partners
- Respond to financial inquiries by gathering, analyzing, summarizing, and interpreting data
- Perform other duties as assigned
Qualifications
- Bachelor’s degree in Finance, Accounting, Business, or related field
- Strong knowledge of General Accepted Accounting Principles (GAAP)
- 4+ years of professional experience in fast-paced environment
- Possess strong quantitative and analytical skills with attention to detail, analytical and problem-solving skills
- Developed effective business and financial discernment
- Strong work ethic and high level of accountability
- Strong written and oral communication skills
- Ability to meet deadlines, effectively manage multiple priorities, and perform job responsibilities accurately in a fast-paced and dynamic environment
- Demonstrate strong organization skills, initiative, and the ability to be a self-starter
- An inherent curiosity driving you to ask the right questions
- Ability to analyze high volume of transactions/data
- Ability to understand complex processes from the start to finish, and then offer insightful recommendations on how to improve
- Demonstrated initiative and ability to work independently and as a team member with minimal daily direction from management to accomplish objectives and deadlines
- Skilled in Excel