Senior Accountant

The Senior Accountant 1 is responsible for ensuring the accurate and timely completion of various service and compliance tasks. This role involves detailed financial reconciliations, preparation of financial statements, and direct interaction with clients. The ideal candidate will have at least four years of general accounting experience, excellent communication skills, and proficiency in Excel.

Responsibilities

• Enter accounts payable data accurately and timely into the accounting system.

• Regularly reconcile all bank accounts to ensure transactions are properly recorded and discrepancies are addressed.

• Ensure all line of credit transactions are accounted for and balanced.

• Prepare and file the monthly General Excise Tax (GET) returns accurately.

• Provide weekly Work in Progress (WIP) reports to clients, detailing project status and financial performance.

• Produce WIP schedules to be included in financial statements, ensuring accuracy and completeness.

• Execute month-end closing procedures to ensure all transactions for the prior month are recorded.

• Verify that bank reconciliation ties with the General Ledger to ensure all bank transactions are accounted for.

• Reconcile Accounts Receivable and Retainage Receivable to ensure all amounts due are accurately recorded.

• Ensure other receivables are accurately recorded and reconciled.

• Reconcile prepaid expenses to ensure they are correctly amortized.

• Ensure all deposits are recorded accurately and reconciled.

• Reconcile inventory accounts to ensure inventory balances are correct.

• Reconcile fixed assets to ensure all assets are accounted for and depreciation is recorded.

• Reconcile Cost in Excess of Billings and Billings in Excess of Costs to ensure proper revenue recognition.

• Ensure all investment accounts are accurately recorded and reconciled.

• Reconcile Accounts Payable and Retainage Payable to ensure all liabilities are recorded.

• Ensure all credit card transactions are recorded and reconciled.

• Reconcile payroll liabilities to ensure all payroll-related transactions are accurate.

• Ensure all payroll taxes (Federal withholding, FICA, State withholding) are accurately recorded and reconciled.

• Reconcile line of credit accounts to ensure all transactions are recorded.

• Ensure all note payables and current portions of note payables are accurately recorded and reconciled.

• Reconcile union liabilities to ensure all union dues and related liabilities are recorded.

• Ensure General Excise Tax liabilities are accurately recorded and reconciled.

• Reconcile members' equity and retained earnings to ensure accurate recording of owners’ equity.

• Perform indirect cost allocations as required.

• Revise and finalize Work in Progress (WIP) reports to reflect accurate project costs and revenue.

• Compile and review the financial packet, ensuring all reports are accurate and complete.

• • Ensure all balance sheet accounts are reconciled and accurate.

Qualifications

• Bachelor's degree in accountancy.
• Must be CPA
• Minimum of four (4) years in general accounting, including producing financial statements and performing account reconciliations.
• Must have a stable employment history.