Cash Flow Manager

BDO USA

About The Position

The Cash Flow Manager is responsible for supporting consolidated cash flow and balance sheet financial reporting requirements by preparing and analyzing financial information and processes. This role ensures the application of proper accounting policies and processes and leads the development of best practices for the balance sheet and cash flow. The manager will oversee and reconcile specific accounts, partner with Billing and Revenue Accounting, and support analysis of various working-capital items. Additionally, the role involves reviewing documentation for client trust accounts, escrow balances, and restricted cash, ensuring proper presentation and disclosure. The Cash Flow Manager also assists with intercompany accounting, eliminations, settlements, and reconciliations, and reviews compensation-related accruals. Collaboration with team members to implement internal controls and assist in external audits are key responsibilities. The role also focuses on standardizing and improving reconciliation templates, roll forwards, and close calendars, while also assisting with root-cause remediation and communicating clearly with stakeholders.

Requirements

Bachelor’s degree, required; with a focus in Accounting or Finance, preferred
Eight (8) or more years of general accounting experience, required
Advanced in the use of Microsoft Office Suite, specifically Excel, required
Superior verbal and written communication skills
Capable of working and communicating effectively with professionals at all levels
Able to work in a deadline-driven environment and handle multiple projects / tasks with an attention to detail
Ability to successfully multi-task while working independently or within a group environment
Superior customer service skills
Ability to maintain the highly confidential nature of information

Nice To Haves

Master's degree in Accounting or Finance, preferred
Experience working within the finance department in a large multi-national corporation, preferred
Experience with foreign currency accounting, preferred
Experience supervising employees, preferred
Prior experience using One Stream Financials and/or Oracle Cloud, preferred

Responsibilities

Ensures the application of proper accounting policies and processes and leads the development of best practices for the balance sheet and cash flow
Manages month-end/quarter-end close for assigned balance sheet areas
Reviews journal entries, account analyses, and flux explanations
Ensures appropriate balance sheet classification (current/noncurrent) and consistent accounting policies across entities/service lines
Prepares/reviews cash flow statement support, including change-in-cash tie-outs and operating/investing/financing classification
Tracks and documents non-cash activity impacting cash flow disclosures (e.g., lease activity, financing arrangements, accrual movements)
Oversees and reconciles specific accounts such as unbilled A/R / contract assets, contract liabilities/deferred revenue, and WIP
Partners with Billing and Revenue Accounting to ensure accurate cut-off, completeness of unbilled positions, and resolution of reconciling items
Supports analysis of Principal/employee advances, reimbursable costs, and other working-capital items tied to engagements
Reviews documentation for client trust accounts, escrow balances, restricted cash, and related compliance requirements
Ensures proper presentation and disclosure considerations for restricted cash and related movements
Assists/Manages intercompany accounting, eliminations support, settlements, and reconciliations, including cross-border/cross-entity cash movements as applicable
Reviews compensation-related accruals relevant to professional services (e.g., bonuses, incentive comp, payroll taxes, stock-based compensation, etc)
Collaborates with other members of the team to implement proper internal controls (specifically financial reporting and cash flow analysis)
Assists in the external audit of the Company’s financial statements
Standardizes and improves reconciliation templates, roll forwards, and close calendars; and assist with root-cause remediation
Communicates clearly with stakeholders
Elevates issues with proposed solutions and timeline impacts
Maintains monthly balance sheet reconciliation package (with aging, cash flow matrix, reconciling item action plans)
Maintains cash flow statement workpapers (change-in-cash tie-out, non-cash schedules, classification support)
Verifies unbilled/contract asset and deferred revenue analyses (as applicable)
Acts as a mentor to Accounting Analysts
Assists in the development of Accounting Analysts by helping them improve their understanding of their job duties and/or delegated tasks