FBG Services Payroll Accountant
About The Position
The FBG Services Payroll Accountant supports Flagg Bicycle Group and its operating businesses by carrying out centralized payroll processes and defined general accounting, tax, and compliance activities. The role reports to the FBG Services Accounting Manager and works with leaders in operating businesses, including Accounting and Human Resources. The position handles payroll processing and contractor reporting, financial accounting, tax and compliance, and consolidated reporting support. It also contributes to accounting policy preparation, acquisition support, business valuations, and insurance or workers’ compensation audits as needed. The role requires working from the Bloomington, Minnesota office at least two days per week.
Requirements
- Associate’s or Bachelor’s degree in Accounting.
- Two years of experience in payroll, accounting, and/or financial reporting.
- Strong proficiency in Microsoft Excel.
- Experience and proficiency in financial reporting applications.
- Demonstrated discretion and sound judgment when handling confidential corporate, shareholder, employee, trust, and family financial information.
- Ability to work from the Bloomington, Minnesota office at least two days per week.
Nice To Haves
- Experience in a privately held holding company, family-owned enterprise, family office, or shared-services organization.
- Experience using ERPs for accounting activities; preferred applications include QuickBooks, Sage, and NetSuite.
- Experience with modern payroll/HR tools; preferred applications include UKG/Kronos and ADP.
- Experience with Vena or Prophix financial reporting applications.
Responsibilities
- Complete biweekly payroll activities for all five businesses.
- Manage child support and garnishment requests.
- Complete payroll tax setup, updates, and filings in partnership with UKG.
- Coordinate notices with UKG or HRIS contributors and ensure timely resolution.
- Assist with tax workpapers and prepare forms such as 1099s and W-2s.
- Prepare financial statements, journal entries, and account reconciliations.
- Complete and support month-end and year-end close activities according to the close calendar.
- Assist the Accounting Manager with budget and cash-flow preparation.
- Prepare intercompany, solar, and management fee billings.
- Prepare healthcare insurance billings, the annual true-up, and per-member fee calculations.
- Execute fixed-asset reporting and tracking for companies.
- Identify billing clean-up opportunities among affiliate entities and make recommendations.
- Coordinate sales, excise, and GST tax filings with third-party vendors, and prepare filings internally when needed.
- Assist with the 401(k) audit and nondiscrimination testing as needed.
- Prepare and file annual foreign bank account reports and beneficial owner paperwork with FINCEN.
- Ensure timely filing of periodic Secretary of State and other corporate reports and surveys.
- Support monthly, quarterly, and annual consolidated financial reporting activities.
- Assist the Accounting Manager with preparing and storing accounting policies.
- Assist with future Flagg Bicycle Group acquisitions.
- Facilitate business valuations with a third-party vendor.
- Assist the Accounting Manager with insurance or workers’ compensation audits as needed.
- Support tax audits as needed.
- Perform other duties and responsibilities as required, assigned, or requested.
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What This Job Offers
Job Type
Full-time
Career Level
Entry Level
Education Level
Associate degree
