Under the direction of the Accounting Operations Manager, this position manages the day-to-day accounting operations including general ledger activities and accounts payable activities. Completes staff evaluations and supports development, including job training and outside formal training to ensure there is a firm understanding of the technical knowledge required.
This position will need to make accounting and operational decisions with regards to day-to-day general ledger and accounts payable functions under the direction of the Accounting Operations Manager. Problem solving skills and experience must be drawn upon as unforeseen issues and events arise.
Oversee general ledger staff and accounts payable staff
Making employment decisions, reviewing performance, and making salary recommendations
Assigning work, providing training, guidance, and advice to subordinates when necessary
Resolving personnel problems, including disciplinary action and termination
Review and approve journal entries, invoice batches, ACH payment batches, and other work prepared by accounting operations staff
Post journal entries upon review of completeness by comparing detailed journal entry listing to the Oracle posting screen
Tie in General Ledger account combinations, using discernment to know when a combination should not be valid
Develop useful metrics to monitor department activities and volumes
Coordinate the monthly close of the Accounts Payable and General Ledger systems
Perform and supervise month-end and year-end accruals
Assist with month-end closing procedures
- Record and accrete dealer flat fees
- Updating and Maintaining of Chart of Accounts.
- True up of certain accruals including:
- Janitorial Services
- Electrical Services
- NYCE Interchange Fee Income
- Off-BS credit exposure reserve
Work with VP, Accounting Operations Manager to coordinate testing and implementation of system enhancements and upgrades
Maintain policies, procedures and standards for the group that ensure a strong control environment and periodically test the controls to ensure adherence
Ensure department compliance with applicable tax laws including, but not limited to, Use tax, 1099-MISC and 1042 reporting. Coordinate periodic reporting and filing
Assist auditors with General Ledger and Accounts Payable inquiries