Accounting Manager

Description of Moleaer Company:

Moleaer Company is a venture-backed technology company that is privately owned and is based in Hawthorne, California. It is the category creator and global leader in nanobubble technology, which is revolutionizing how industries use water. The only fundamental scientific innovation in water in the past 30 years, nanobubbles drive sustainability, enabling industries to produce more while using significantly less water, energy, and chemicals. Recognized as one of America's Top GreenTech Companies for 2024 by TIME magazine, Moleaer is an incredibly dynamic and fast-growing company with a tremendous opportunity for career growth.

Water is our most precious resource. Not only do we need it to live, but we also use it in virtually every industrial process from food production to mining to mixing concrete. Moleaer’s mission is to unlock the power of water to do more with less. Our patented nanobubble technology improves sustainable food production and processing, water and wastewater treatment, natural resource recovery, and we can even restore aquatic ecosystems sustainably – and we do all of this with nanobubbles, not chemicals. 

Nano bubbles are 2,500 times smaller than a grain of salt and have properties that allow them to supersaturate water with oxygen, form natural oxidants for disinfection, and increase water’s ability to permeate soil, rock, and even clothes in a washing machine. Our technology has been validated by extensive research, and we currently have over 2,500 installations in more than 50 countries.

Job Description Overview:

The Accounting Manager plays a critical role at Moleaer in equipping and empowering the company to make intelligent business decisions. They will work closely and partner with senior management and other internal teams to support growth and ensure the longevity and long-term financial health of the company. By collecting data and reporting the business's financial activities in accordance with US GAAP, they provide accurate and timely financial reports for strategic planning and decision-making purposes as well as quarterly reports to external parties including our investors and lending institutions.

As a team, we are responsible for the integrity of our financial data through the maintenance of effective controls and support of our annual financial audits. It is also our responsibility to maintain tax and regulatory compliance across different jurisdictions at federal (U.S. and foreign), state, and local levels.

We are looking for a driven and detailed-oriented professional to leverage the ERP system for new process efficiencies while delivering timely reports to update procedures, and to train existing staff.

This position supervises all aspects of financial reporting, GL maintenance including month-end close, and fixed assets management. Additionally, you will be managing the day-to-day accounting operations such as accounts payable, accounts receivable, and credit management.

As a smaller environment, please be prepared to “roll up your sleeves” in support of these functions, while also being a manager for a small but growing team.

Principal Job Duties:

• Manage the timely preparation of the monthly financial package, including correct consolidation and elimination accounting, plus a reasonable valuation of the CTA.

• Maintain month end close checklist and communicate status with relevant team members to stay on track for a timely delivery of month end reports.

• Oversee most balance sheet reconciliations and other process controls to help ensure the reliability of the financial statements.

• Stay involved with the monthly bank rec and ensure historical data corroborates information presented on the cash flow forecast.

• Prepare and maintain an "accounting manual" clearly defining and documenting our internal control policies, processes, and procedures.

• Review and ensure the accurate statement of intercompany entries and foreign currency accounting.

• Review overseas payroll reports for reasonableness, inquiring where necessary on non-recurring changes for proper authorization. Upload periodic payroll journal entries into GL, and reconcile month end accrued balance.

• Collaborate with the inventory accounting function to ensure reasonable valuation of month end inventory, COGS, and gross margins by product line.

• Supervise controls and accounting over Concur based travel & meals and ensure adequate safeguards over employee reimbursements, while ensuring timely payments.

• Troubleshoot operational accounting functions and postings from billing, cash application, and accounts payable. Work with Ops to ensure timely payment of key suppliers.

• Validate balance sheet based on periodic VAT filings. The successful candidate should also be capable of handling the following duties:

The successful candidate should also be capable of handling the following duties:

• Working to proactively develop new value-added reports out of the ERP for monthly package and business colleagues in other departments.

• Overseeing payroll administration support and recording using data from the outside provider.

• Supervising the year-end audit

• Partner with Operations, R&D, Engineering, and IT departments to build out our fixed asset accounting tracking, asset tagging system and procedures.

• Develop and mentor Accounting staff.

Required Qualifications and Skills:

Minimum Required Skills and Competencies:

•        6 years of relevant accounting experience from both public accounting and industry sectors

•        Bachelor's degree in Accounting

•        Certified Public Accounting (CPA) preferred with CPA firm assurance experience.

•        Preferred strong knowledge of NetSuite on intermediate accounting functions including consolidations and currency translation adjustments (CTA)

•        Strong understanding and knowledge of US GAAP and internal controls

•        Proactive mindset with a strong attention to detail

•        Excellent time and self-management skills; ability to prioritize and multitask to meet deadlines in a fast-paced environment.

•        Solid communication and interpersonal skills.

•        Collaborative working style and team player.

•        Advanced Excel skills.

•        Demonstrated project management abilities, with the capability to identify and prioritize tasks, manage deadlines, and drive cross-functional initiatives on time and on budget.

·        Strong communication and interpersonal skills, with the ability to collaborate effectively with diverse and globally distributed stakeholders.

•        Demonstrated facilitative leadership capabilities and the ability to influence and drive change within an organization.

•        Proactive, detail-oriented, and highly organized, with a strong focus on delivering high-quality, quantitative results.

•        Dogged personality with persistence and patience to work through coordination of technical challenges.

Duties:

•        Work with senior leadership to prioritize which projects to focus on executing based on projections of maximum business impact, speed of execution and implementation, and likelihood of delivering measurable business impact.

•        Build for selected projects execution plans with defined deliverables, timing for execution, estimated costs and potential business impact.

•        Deliver to senior leadership regular updates on project execution progress, identify potential road blocks, analyze quantitative data on efficacy/business impact, and drive iterative improvements for each project.

Candidate Profile:

In addition to requisite technical skills, we expect you to have high integrity, a "can-do" attitude, a sense of urgency, honors deadlines, and strong communication skills. You embrace changes well and take initiative in seeking ways to improve the "status quo". You value and respect people and have a strong team player mindset. You do not get easily overwhelmed with shifting priorities in an entrepreneurial environment and have a track record of meeting deadlines and taking a proactive approach to your work.

Candidate Characteristics:

·        A systematic, patient pace with the emphasis on creative imaginative thought in order to get the job done right

·        Provides opportunity to complete one task before undertaking the next

·        Provides stable, consistent methods, processes and procedures

·        Technical, intellectual focus

·        Focuses great deal of attention is devoted to developing a creative solution to problems and decisions

·        Offers the chance to develop expertise and a full understanding of the job to be done

·        The quality and correctness of decisions is more important than the speed with which decisions are made

·        Decisions must be made based on factual information and cannot be rushed

Minimum Required Skills and Competencies:

•        6 years of relevant accounting experience from both public accounting and industry sectors

•        Bachelor's degree in Accounting

•        Certified Public Accounting (CPA) preferred with CPA firm assurance experience

•        Preferred strong knowledge of NetSuite on intermediate accounting functions including consolidations and currency translation adjustments (CTA)

•        Strong understanding and knowledge of US GAAP and internal controls

•        Proactive mindset with a strong attention to detail

•        Excellent time and self-management skills; ability to prioritize and multitask to meet deadlines in a fast-paced environment

•        Solid communication and interpersonal skills

•        Collaborative working style and team player

•        Advanced Excel skills

Preferred Skills and Competencies:

•        Experience in fast-growing small manufacturing environments