Assistant Vice President, Accounting Manager I

Lynn, MA

Under the direction of the Accounting Operations Manager, this position manages the day-to-day accounting operations including general ledger activities and accounts payable activities. Completes staff evaluations and supports development, including job training and outside formal training to ensure there is a firm understanding of the technical knowledge required.

This position will need to make accounting and operational decisions with regards to day-to-day general ledger and accounts payable functions under the direction of the Accounting Operations Manager. Problem solving skills and experience must be drawn upon as unforeseen issues and events arise.

  • Oversee general ledger staff and accounts payable staff
  • Making employment decisions, reviewing performance, and making salary recommendations
  • Assigning work, providing training, guidance, and advice to subordinates when necessary
  • Resolving personnel problems, including disciplinary action and termination
  • Review and approve journal entries, invoice batches, ACH payment batches, and other work prepared by accounting operations staff
  • Post journal entries upon review of completeness by comparing detailed journal entry listing to the Oracle posting screen
  • Tie in General Ledger account combinations, using discernment to know when a combination should not be valid
  • Develop useful metrics to monitor department activities and volumes
  • Coordinate the monthly close of the Accounts Payable and General Ledger systems
  • Perform and supervise month-end and year-end accruals
  • Assist with month-end closing procedures

- Record and accrete dealer flat fees

- Updating and Maintaining of Chart of Accounts.

- True up of certain accruals including:

- Janitorial Services

- Electrical Services

- Security

- NYCE Interchange Fee Income

- Off-BS credit exposure reserve

- Other

  • Work with VP, Accounting Operations Manager to coordinate testing and implementation of system enhancements and upgrades
  • Maintain policies, procedures and standards for the group that ensure a strong control environment and periodically test the controls to ensure adherence
  • Ensure department compliance with applicable tax laws including, but not limited to, Use tax, 1099-MISC and 1042 reporting. Coordinate periodic reporting and filing
  • Assist auditors with General Ledger and Accounts Payable inquiries

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