Accounting Manager

WATERSHED FOODS LLC•Bloomington, IL

54d•$110,000 - $125,000

About The Position

The Accounting Manager oversees the daily accounting operations for food manufacturing company, ensuring accurate and timely month-end and year-end closings. They manage cash flow, coordinate audit and tax preparation, and maintain compliance with accounting standards and company policies. Additionally, the manager supervises accounting team and provides financial reports, analysis, and strategic support to the CFO to aid in decision-making and business planning.

Requirements

Ability to prepare, interpret, and present accurate financial statements and performance reports.
Strong understanding of Generally Accepted Accounting Principles and regulatory compliance.
Expertise in inventory valuation, standard costing, and production cost analysis.
Skill in managing liquidity, forecasting cash needs, and optimizing working capital.
Strong attention to detail and good analytical skills.
Ability to work both independently and collaboratively.
Self-motivated and able balance multiple tasks/priorities.
Experience in Microsoft Office Suite. (primarily Excel, Word, Outlook)
Handling sensitive or confidential information with honesty and integrity.
Degree in Accounting.
5-8 years of accounting experience.

Nice To Haves

Additional certification (CPA and/or CMA) preferred, but not required.

Responsibilities

Oversee daily accounting operations, including accounts payable, accounts receivable, payroll, and general ledger.
Ensure timely and accurate month-end, quarter-end, and year-end closings.
Prepare and analyze financial statements and management reports.
Maintain compliance with GAAP and internal accounting policies.
Reconcile balance sheet accounts and review journal entries for accuracy.
Manage budgeting and forecasting processes in coordination with senior leadership.
Monitor daily cash balances and manage cash flow to support business operations.
Coordinate annual financial audits and act as primary liaison with external auditors.
Support preparation of federal, state, and local tax filings and ensure compliance with applicable regulations.
Maintain accurate documentation for audits and regulatory reviews.
Develop and enforce internal controls to ensure compliance and reduce risk.
Supervise, train, and mentor accounting staff; assign and review work for accuracy and efficiency.
Provide financial insights, analysis, and recommendations to the CFO and executive team.
Support strategic initiatives such as cost reduction, margin improvement, and process optimization.
Implement and improve accounting systems, processes, and reporting tools.
Participate in cross-functional projects to support business growth and operational excellence.