Senior Accounting Manager

Position Title: Accounting Manager

Department: Accounting

Location: New York, Midtown East

Development Corporation for Israel/Israel Bonds is an international organization offering securities issued by the State of Israel. Since the first bond was sold in 1951, Israel Bonds has secured more than $57 billion in bonds sales globally supporting the development of every aspect of Israel's economy.

Position Summary:

The Accounting Manager is responsible for supervising all aspects of the company’s internal accounting system. This position also oversees all independent financial audits and manages the Accounting Department staff.

Reports To:

Chief Financial Officer (CFO)

Benefits of Israel Bonds:

Medical, dental, and vision insurance. Generous paid time off plus most Federal and Jewish holidays. 401k with up to a 3% match and a 4% non-elective contribution. Access to a Flexible Spending. Account for health and dependent care expenses. Employer-paid short- and long-term disability insurance and life insurance.

ESSENTIAL FUNCTIONS

Reasonable accommodations where feasible may be made to enable individuals with disabilities to perform the essential functions. Areas not familiar with – CFO will train you.

• Manage all aspects of the internal accounting system including A/P, and General Ledger (including Fixed Assets) in a timely and accurate manner.
• Establish, monitor, and enforce financial policies, procedures, and internal controls.
• Oversee all independent fiscal audits and provide information to external auditors (with CFO’s assistance)
• Prepare budgets; establish schedules; and collect, analyze, and consolidate financial data.
• Prepare monthly/quarterly/annual closings, departmental budgets, internal auditing of expenses and balance sheet accounts.
• Prepare monthly expenditure reporting (MER’s) to all departments.
• Maintain the chart of accounts and ensure consistent and appropriate usage.
• Assist CFO on all tax returns – Federal, State, Local, Franchise and Property taxes.
• Provide support to CFO on special projects/reports, including setting of bond rates, preparation of business plans, and financial forecasting.

OTHER DUTIES

Such other duties as directed by the CFO as he/she deems appropriate and necessary to meet the needs of the Accounting Department.

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Knowledge, Skills, Experience & Licensing Requirements

• Bachelor’s degree in finance or accounting,
• Skill and knowledge as would be acquired in 3-7 years of progressive responsibility in accounting department management.
• Significant G/L accounting experience, including A/P, and period close activities.
• Experience with budget preparation and reporting
• Proficient in use of Microsoft Word, Excel, and Outlook; accounting system software (GP Dynamics).
• Heavy utilization of Excel, VLOOKUP’s, XLOOKUP's, pivot tables and complex formulas

WORK ENVIRONMENT

This job operates in a professional office environment. This role routinely uses standard office equipment such as computers, telephones, photocopiers, filing cabinets and fax machines.

PHYSICAL DEMANDS

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.

This is a sedentary role; however, this position requires constant communication and the ability to exchange accurate information, the ability to operate a computer and other office equipment, lift files, open filing cabinets and bend, or stand, as necessary.

POSITION TYPE/EXPECTED HOURS OF WORK

This is a full-time position. Hours of work are Monday through Friday, 9:00 a.m. to 5:00 p.m., 35 hours per week. Work extended/evening hours when needed.

TRAVEL

Travel is not expected for this position.

SECURITY CLEARANCE

Must successfully pass background check, and fingerprinting (if applicable)