Senior Accountant

Location

Richmond

Department

Accounting and Finance

PURPOSE

Assist in the financial operations of the agency and the preparation of management and parent reporting.  Review, analyze and maintain various client related tools such as time vs fees, staffing plans, profitability reports and revenue recognition reporting documentation. Develop and maintain close working relationships with account management, financial management and department staff involved in client accounting.

MAJOR DUTIES

  1. Review assigned client time vs fees analysis reports in accordance with specifications of individual client compensation agreements. Verify system generated time reports and sales ledgers to time vs fee reports are accurate.  Assess viability of estimate to complete given by Account Management for assigned accounts.
  1. Review/prepare staffing analysis for projected hours by SOW/project to develop service agreement fee for each respective client.
  1. Review work, train and provide leadership to Staff Accountants. Manage/Supervise team members and resolve/create solutions to items as necessary; report to appropriate management if needed.
  1. Prepare monthly reconciliation of revenue by client for each service agreement to ensure that all revenue is recorded appropriately.
  1. Review/prepare month end profitability reports at the client and profit center levels, which include monthly reconciliation of expenses related to client and profit centers, overhead journal entries related to department and corporate allocations and prepare monthly summary at the client and profit center level for cost accounting purposes.
  1. Prepare revenue reconciliation for month end reporting, comparing general ledger activity to by client detail.
  1. Review quarterly budgeting for assigned client’s, while working with account team to insure accuracy.
  1. Work with business segments to ensure the accuracy of billings and proper revenue recognition and forecasting future revenue for business segment.
  1. Review client estimates and service agreements to ensure that appropriate compensation language and revenue recognition has been accounted for properly. Prepare client service contracts and send to Controller/Assistant Controller for final review.

STANDARDS OF PERFORMANCE

  1.    Month end closing procedures are performed according to specified deadlines.
  1.    Financial reports are prepared accurately and timely according to parent and management deadlines.
  1.    Establish positive and professional rapport with colleagues and team members.
  1.    Obtain sufficient knowledge of accounting systems to operate with minimal supervision and identify process improvements.

JOB SPECIFICATIONS

Bachelor in Accounting or business related field; experience working with account reconciliations, financial statement preparation, and general accounting functions.

Experience with accounting software programs and business application packages.  Working knowledge of Microsoft Office products.

Ability to manage/supervise team members and create solutions accordingly if problems arise.

Sensitive to deadlines, highly organized, and able to prioritize heavy workload.  Must be able to work independently with minimal supervision and develop improvements to existing processes.

Ability to cultivate strong working relationships based on teamwork, professionalism, communication of key information, and mutual respect.