What are the responsibilities and job description for the Accounting Manager position at lydech?
The Accounting Manager is responsible for overseeing the daily operations of the accounting department, ensuring accurate and timely financial reporting, and maintaining compliance with regulatory requirements. This role collaborates with the A/R, A/P, and accounting teams and other departments to support financial decision-making and reporting of results.
Duties and Responsibilities:
- Assist with the monthly, quarterly, and annual accounting financial results reporting for the department heads and corporate leadership.
- Assist the month-end close processes for a 4-day close timeline.
- Partner with department leaders to provide accurate financial forecasts.
- Monitor and analyze accounting data to produce financial reports and statements in accordance with GAAP.
- Review and approve journal entries while maintaining strong internal control procedures.
- Maintains the organization's general ledger, tracking assets, liabilities, expenses, and revenues.
- Responsible for keeping BS reconciliations current, including Tooling, CIP and Fixed Assets.
- Assist with the coordination of the annual budgeting process and monitor departmental and cost variance accountability.
- Develop and document business processes and accounting policies to maintain and strengthen internal controls.
- Liaise with external auditors during financial audits to ensure compliance and accuracy.
- Supervise and mentor accounting staff, providing training and performance evaluations.
- Work with cross-functional teams to implement or improve financial procedures.
- Limited travel will be required.
Experience, Skills, Education and Abilities Required for Consideration as a Candidate:
- 7 years of progressive accounting/finance experience with at least 2 years in a supervisory or management role. Mix of public and private ideal.
- Bachelor’s degree in Finance, Accounting, Business or related field
- Strong understanding of accounting principles and practices.
- Experience with accounting software (e.g., D-365, SAP, Oracle).
- Proficient in Microsoft Excel, including advanced functions for financial analysis (e.g., VLOOKUP, Pivots Tables, SUMIFS).
- Excellent organizational, leadership, and communication skills.
- High attention to detail and accuracy
- Strong team leadership and management skills.
- Ability to identify and seek needed information/research skills.
- Analytical thinking skills.
- Ability to meet deadlines.
- Mathematical and Accounting skills
Additional Education, Experience, Skills and Abilities Preferred:
- Automotive industry experience