Accounting Manager - Financial Reporting

Asset Based Lending LLC•Jersey City, NJ

1d•$95,000 - $115,000

About The Position

This role owns the month end close and financial reporting cycle, producing accurate, timely financial statements and establishing and maintaining the close calendar, timelines, and supporting policies and procedures. The role also drafts financial commentary, prepares commission schedules, reviews the general ledger for quality control, and owns compliance reporting and the external audit. The position requires advanced technical expertise, strong analytical judgment, and the ability to work independently while ensuring compliance with applicable accounting standards.

Requirements

4+ years of progressive accounting experience, including ownership of the month-end close, financial statement preparation, reconciliations, and journal entries
Experience preparing financial reporting packages and commentary for leadership review
Strong working knowledge of GAAP (or applicable accounting standards) and internal control best practices, with the ability to identify risk, resolve routine to difficult issues, and escalate appropriately
Advanced analytical and reconciliation skills, including variance analysis, root cause investigation, and clear documentation of conclusions
Ability to prepare clear written financial commentary and explain accounting outcomes to non accounting stakeholders
Proven ability to work with limited guidance in ambiguous situations, prioritizing and making trade offs across time, quality, and resources
Bachelor's degree in Accounting, Finance, or a related field (or equivalent practical experience)

Nice To Haves

Experience with financial reporting in a lending or financial services environment
Prior experience owning or managing external audit relationships and implementing recommendations
Experience building and maintaining close process documentation and timelines

Responsibilities

Lead the monthly close and financial statement preparation, ensuring accuracy and compliance with applicable accounting standards
Create and maintain the month-end close calendar, timelines, and supporting policies and procedures
Set month-end cutoffs with the Accounting Operations team and confirm that AR, AP, servicing, and payment activity is recorded completely and on time to meet close deadlines
Perform balance sheet and income statement account reconciliations with variance analysis
Perform quality control review of the general ledger and the Accounting Operations team's close deliverables, flagging exceptions for correction
Prepare management reporting packages, including financial analysis, performance metrics, and preliminary commentary on results, variances, and trends
Prepare commission schedules and perform ad hoc commission analysis across product types, including expense recognition, accruals, and cost and drag
Manage revenue recognition, including accruals, deferred revenue analysis, and compliance with applicable revenue standards
Execute intercompany accounting, including transaction recording, reconciliations, and elimination entries for consolidated reporting
Prepare warehouse facility compliance reporting, including financial covenant calculations and required certifications
Prepare state licensing and regulatory filings
Own the external audit, including preparation, coordination of requests, responses to inquiries, and implementation of recommendations; partner with the Accounting Operations team to obtain operational documentation for their areas
Research complex accounting matters and document conclusions
Stay current on accounting standards, regulatory requirements, and industry practices affecting financial reporting