Sr. Financial Reporting Accountant

Stephens • Little Rock, AR

5d

About The Position

The Sr. Financial Reporting Accountant applies GAAP accounting principles to prepare financial statements and supporting information, and communicates with upper management regarding the presentation and accuracy of financial matters. The role coordinates corporate entity audits, reviews and verifies financial information and business processes, implements processes consistent with best practices, and facilitates communication across the Corporate Accounting team.

The position prepares and reviews accounting for multiple holding and family office entities and their subsidiaries; prepares corporate consolidations; performs internal valuations of financial instruments, including private equity investments and funds; monitors and calculates debt covenants; and performs or reviews distribution waterfall calculations. It identifies and analyzes GAAP and tax accounting issues, and prepares, analyzes, and maintains financial reports for management and shareholders. The role leads timely and accurate completion of reports and other projects, supports special projects, and performs other related duties as required.

The position exercises independent judgment when implementing changes as the department evolves. It may formulate and document procedures for special projects, train accounting staff during implementation, and communicate changes to management and staff.

Requirements

• Bachelor’s degree or equivalent in Accounting or Finance from a four-year college or university, and at least three years of general accounting or bookkeeping experience and/or training, or an equivalent combination of education and experience.
• Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, and governmental regulations.
• Ability to write reports, business correspondence, and procedure manuals, and present information completely and concisely.
• Ability to work with mathematical concepts including probability, statistical inference, geometry, and trigonometry, and apply fractions, percentages, ratios, and proportions to practical situations.
• Ability to comprehend complex legal documents, handle situations with limited standardization, interpret written, oral, diagrammed, or scheduled instructions, and identify and research complex accounting issues according to GAAP.
• Strong computer skills, including Workday or compatible accounting software and advanced skills in Microsoft Word, Excel, Outlook email, and the Internet; ability to learn and use additional software.
• Strong organizational and prioritization skills, good reconciliation skills, and ability to work independently with minimal supervision.
• Ability to follow detailed and sometimes complex verbal and written instructions.
• Ability to communicate tactfully and effectively, verbally and in writing, with employees, managers, and outside vendors.
• 10-key by touch.
• Ability to work effectively under periods of time pressure and aptitude to learn and operate computers and related software.
• Pass the Excel Whole Test.

Nice To Haves

• CPA preferred.

Responsibilities

• Prepare and review accounting for multiple holding and family office entities and their related subsidiaries.
• Prepare consolidations for multiple corporate entities.
• Perform internal valuations for financial instruments, including private equity investments and funds.
• Monitor debt covenant requirements and calculate quarterly and annual debt covenants.
• Perform and/or review distribution waterfall calculations.
• Identify GAAP and/or tax accounting issues and analyze their proper treatment.
• Prepare, analyze, and maintain regular and special financial reports for management and shareholders, including balance sheets, income statements, cash reports, and profit and loss statements.
• Lead efforts to ensure financial reports and other projects are completed accurately and on time to meet internal and external deadlines.
• Spearhead and/or assist with special projects as required.
• Perform other job-related duties as required.
• Exercise independent decision-making when implementing changes as the department evolves.
• Formulate and document procedures for special projects and train accounting staff during implementation, if needed.
• Document and communicate changes to management and accounting staff.
• Coordinate audits of corporate entities.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior