Staff Accountant (L.A. LIVE)

AEG Worldwide•Los Angeles, CA

6d•Onsite

About The Position

The Staff Accountant will perform professional-level accounting work for the LA LIVE Entertainment District, the JW Marriott/Ritz Carlton at LA LIVE, Global Partnerships, and other AEG-owned real estate entities. This position requires an understanding of basic accounting principles and accounting functions to complete tasks. Responsibilities include accounts payable, performing month-end closing procedures, general ledger maintenance, financial analysis, reconciliation of balance sheet/expense accounts, and other ad hoc projects. Furthermore, this individual will be required to apply accounting knowledge to ensure proper coding and recording of various cost allocations, intercompany transactions, and other miscellaneous journal entries. This individual may also be asked to perform ad-hoc analyses and create spreadsheets and reports for management as necessary. This position will interface with the Accounting Manager to support various tasks on a daily basis.

Requirements

BA/BS Degree (4-year) in Finance, Accounting, Business Administration
1-2 years related work experience
Experience working in a high-paced, results-oriented team environment
Proficient with Microsoft Office Suite (Excel, Outlook, Word); ability to learn required business systems
Ability to read, listen and communicate effectively, both verbally and in writing
Demonstrate professional-level service with the ability to respond promptly to inquiries from internal/external stakeholders and vendors
Ability to access and accurately input information using a moderately complex computer system (i.e., Perceptive & JD Edwards, Oracle)
Knowledge of basic accounting (i.e., debits, credits, chart of accounts and GL coding)
Familiarity with the budgeting process and expense coding
Ability to multi task and execute multiple projects and assignments with high attention to detail

Responsibilities

Manage the end-to-end invoice-to-payment workflow in Perceptive, including General Ledger coding, routing invoices for business unit approval, and proactively following up with department leaders to ensure timely and accurate processing; prepare and execute weekly payment runs (ACH & checks) by generating system batches, securing appropriate approvals, and ensuring payments are accurate, timely, and compliant with internal controls.
Prepare and record various journal entries, including accruals, prepaids, and adjusting entries in accordance with Generally Accepted Accounting Principles (GAAP). Update month-end supporting schedules related to these accounts.
Perform and complete the clearing of intercompany suspense accounts and month-end close accounting tasks for assigned entities in accordance with corporate deadlines.
May be required to leverage advanced Microsoft Excel functions and formulas, including PivotTables, to summarize, analyze, and format large data sets for accurate reporting and reconciliation purposes.
Complete and finalize reclassification and coding of journal entries and expenses, verifying proper allocation across various departments and business units.
Perform monthly balance sheet, AP Aging reports, Marketing Fund Trackers, and other account reconciliations, identifying and resolving discrepancies in a timely manner.
Prepare and reconcile quarterly intercompany paydown settlements, validating accuracy of balances and associated charges.
Review flash reports and analyze variances to ensure all accruals are accurately captured and recorded.
Review and process employee expense reports submitted through Concur, ensuring accurate GL coding, compliance with company expense policies, and appropriate supporting documentation prior to reimbursement or payment.
Serve as primary contact for external and internal inquiries, including new vendor setup, confirmation of vendor records, payment status updates, resolution of discrepancies, and other cash expenditure related matters.
Prepare and compile audit support, including AP Aging, GL Detail, and supporting schedules, to ensure timely completion of annual financial audits.
Analyze and recommend process improvement initiatives within assigned areas of responsibility to streamline accounts payable and accounting processes.
Provide support with special projects as assigned by management.