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Accounting Manager - L&R

L&R Distributors
Brooklyn, NY Full Time
POSTED ON 3/7/2023 CLOSED ON 4/16/2023

What are the responsibilities and job description for the Accounting Manager - L&R position at L&R Distributors?

L&R is the largest distributor and the 6th largest purchaser of cosmetics in the United States. We now distribute over 40,000 items (cosmetics, toys, school supplies, hosiery, hair accessories, OTC, HBA, and more) through 3 regional warehouse locations in Arkansas, New Jersey, and Nevada. 

We are looking for an experienced Accounting Manager who will be responsible for managing and overseeing the day-to-day Accounting, Accounts Receivable and Accounts Payable operations for L&R. Core responsibilities include managing the month-end closing process, including reconciliations of balance sheet accounts, review of journal entries to ensure complete and accurate financial statements in compliance with US GAAP, and performing variance analyses for internal reporting purposes.  This role will work cross-functionally with various groups, including the Financial Planning & Analysis team on financial reporting, budgeting, and cash flow forecasting, as well as with external stakeholders, such as for annual audits and exams.  

 

Position: Accounting Manager - Finance (Hybrid Role) 

Location: Brooklyn, NY (Hybrid Role) 

Salary: 120,000 to 130,000 (Dependent on Qualifications and Experience) 

 

Responsibilities: 

  • Manage and oversee the daily operations of the accounting department, including staff accountants, accounts receivable and accounts payable teams  

  • Manage the month-end and year-end closing processes, including continuously developing and improving ways to stream-line activities and tasks  

  • Ensure completion and detail review of account reconciliations, journal entries, and variance analytics during month-end close and year-end closing processes   

  • Assist with treasury functions, including managing and budgeting cash flow and meeting external reporting requirement deadlines  

  • Assist with Accounting and Finance team initiatives and ad-hoc projects  

  • Partner with cross functional teams, including but not limited to, Operations, FP&A, Category Development, and Sales Execution on business objectives while ensuring accounting records are complete, accurate, and in accordance with US GAAP  

  • Review existing processes to assist with the identification of opportunities and implementation of actions to improve existing processes 

  • Monitor and analyze accounting data and produce financial reports or statements 

  • Establish and enforce proper accounting methods, policies and principles 

  • Coordinate and complete annual audits and exams with external stakeholders 

  • Develop/train staff on projects and tasks  

 

Qualifications: 

  • BS degree in Accounting or Finance 

  • Minimum of 6 years progressive financial and accounting experience 

  • Proven working experience as Accounting Manager, Accounting Supervisor, Audit Manager, and/or Finance Manager 

  • Advanced computer skills in MS Office, accounting software, and databases (e.g. Epicor ERP systems, ADP, PowerBI, etc.) 

  • Previous experience in the wholesale distribution and/or manufacturing industry is a huge plus 

  • Proven knowledge of bookkeeping and GAAP, accounting practices, standards, laws, and regulations 

  • Highly organized individual with the ability to lead, develop/train team members, foster strong working relationships, and work collaboratively 

  • Excellent attention to detail and accuracy 

  • Ability to mine and analyze large amounts of data 

#LRC

Salary : $120,000 - $130,000

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