Senior Staff Accountant - Kavaliro

A Senior Staff Accountant plays a vital role in ensuring the accuracy and efficiency of the company's financial processes.

Certification: CPA a must

Duties typically include the following:
1. Financial Reporting and Analysis

• Preparation of Financial Statements: Senior staff accountants are often responsible for preparing monthly, quarterly, and annual financial statements, ensuring they comply with accounting standards (e.g., GAAP, IFRS).
• Reconciliation: They reconcile general ledger accounts, ensuring all transactions are accurately recorded, including bank reconciliations, intercompany reconciliations, and accounts receivable/payable reconciliations.
• Variance Analysis: Analyzing financial data, identifying discrepancies, and reporting on variances between actual and budgeted figures to management.

2. General Ledger Maintenance

• Journal Entries: Senior staff accountants make journal entries to record business transactions, including adjusting, closing, and recurring entries.
• Month-End/Year-End Closings: Overseeing and participating in the month-end and year-end closing processes to ensure timely and accurate reporting.
• Account Management: Maintaining and updating general ledger accounts, ensuring they are properly classified, balanced, and supported.

3. Internal Controls and Compliance

• Ensuring Compliance: Ensuring that the company adheres to regulatory requirements and internal policies, as well as industry standards.
• Audit Preparation: Assisting with internal and external audits, preparing audit schedules, and responding to auditor inquiries.
• Internal Control Implementation: Implementing and monitoring internal controls to safeguard the company’s assets and ensure accurate financial reporting.

4. Tax Preparation and Compliance

• Tax Filings: Preparing or assisting with the preparation of tax returns, including income tax, sales tax, and payroll taxes, ensuring compliance with federal, state, and local regulations.
• Tax Research: Researching tax regulations and advising the team on tax-saving strategies or changes in tax laws.

5. Supervisory and Mentorship Responsibilities

• Team Management: Supervising junior accountants or accounting clerks, providing training, and reviewing their work for accuracy and adherence to accounting principles.
• Process Improvement: Identifying areas for process improvements in accounting workflows and implementing more efficient practices.

7. Cash Management and Treasury

• Cash Flow Monitoring: Managing and forecasting cash flows to ensure the company has adequate liquidity to meet its financial obligations.
• Banking Relations: Communicating with banks or financial institutions regarding cash management, including wire transfers, and maintaining relationships for credit or loan needs.

8. Ad Hoc Financial Analysis and Reporting

• Special Projects: Conducting special financial analysis as required, such as cost-benefit analysis, margin analysis, or capital expenditure evaluations.
• Management Reporting: Preparing reports for senior management to help guide business decisions, such as profitability, financial health, or investment opportunities.

9. Software and Systems Utilization

• ERP Systems: Proficient use of accounting software and ERP systems to track financial transactions and generate reports.
• Automation and Tools: Leveraging tools to automate manual tasks, improving efficiency in financial reporting, data entry, and reconciliation.

Key Skills and Attributes:

• Attention to Detail: Ensuring accuracy in financial records and reports.
• Analytical Thinking: Ability to analyze financial data and make informed recommendations.
• Communication Skills: Ability to explain complex financial data to non-financial stakeholders.
• Problem-Solving: Resolving discrepancies or issues in the accounting processes.
• Time Management: Balancing multiple tasks and deadlines, particularly during close periods.

On-Site

By using best practices and optimal employee recruiting strategies, Kavaliro provides employers with employment solutions by providing the most qualified and professional employees, who can staff both project and permanent positions in order to ensure the ongoing success of all types of businesses. We use a streamlined-yet-thorough approach to staffing that saves our clients administrative time, resources and money.