Chief Accounting Officer
Job Opportunity at Joseph Michaels International

Posted on Jul 21

http://www.josephmichaels.com    800-786-1099

Location: Los Angeles, CA
Job Type: Full Time
Job ID: W4126933

Chief Accounting Officer in Los Angeles...

The Chief Accounting Officer (CAO) will serve as a valued contributor in helping to accurately and effectively prepare, disseminate, and communicate the company’s financial information to external and internal constituencies. This position represents a key leadership role and the successful candidate will report to the CFO.  The CAO will provide leadership in the day-to-day management of corporate accounting, finance and treasury staff members. 
The Chief Accounting Officer will service as a strategic business partner to business unit leaders by increasing the leadership teams ability to anticipate business issues and drive good decision making through sound financial management. 
Reports to the Chief Financial Officer.

Responsible for supervision of Corporate Controller, Treasury / Cash Management and Tax leaders.  Responsible for indirect leadership of approximately 40 employees.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
  • Review accurate and timely-prepared corporate consolidated GAAP financial statements.
  • Prepare board relevant information which includes audit committee materials, provide a proactive approach to communication to CFO and the audit committee should material information occur.
  • Manage all external audit efforts. Act as the liaison between the accounting team and the external CPA firm in its preparation of the external audit.
  • Set achievable financial targets and establish policies, practices and programs to measure performances of all types against strategies and operating objectives
  • As a direct report to the CFO, works with Investor relations to prepare for earnings releases and ongoing dialog with investor/ banking community.
  • Analyze the impact of new accounting pronouncements and ensure the proper implementation thereof.
  • Build and enhance a strong accounting and finance team that provides proactive support and execution of responsibilities supporting the current and future needs of the business.
  • Supervise the Controller with the successful & swift completion of the month-end close process for the consolidated organization.
  • Oversee staff preparation of monthly and quarterly financial work-papers.Additionally, provide guidance and issue resolution in monthly financial reporting.
  • Mentor and manage the financial and accounting departments which includes employee engagement and professional development.
  • Continually strive to develop talent within the finance organization.
  • Responsible for overall cost estimating for individual business units as well as the consolidated organization.
  • Provide oversight for the preparation of income tax returns.Manage cash flow necessary to fulfill income tax obligations.
  • Aligns and activates organizational resources to resolve issues or take advantage of opportunities arising from change.
 
PERIPHERAL DUTIES:
 
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.
 
DESIRED MINIMUM QUALIFICATIONS:
  • Bachelor’s degree in accounting, finance or relevant field required. An MBA designation, while not required, will set apart more desirable candidates.
  • A CPA designation plus historical tenure emanating from a Big Four or Second-Tier public accounting firm are necessary to fulfill responsibilities.
  • Fifteen (15) years of progressive, broad based experience originating from a combination of public accounting and mortgage/ financial Services / real estate environments of similar size and complexity.
  • Minimum 10 years of experience in a leadership role with demonstrated success in growing the accounting/ finance team in a rapid growth, fluid environment.
  • Demonstrated track record and an ability to work effectively with a variety of constituents – internal staff members, senior leadership professionals, external partners, directors, and tax and legal advisors.
NECESSARY KNOWLEDGE, SKILLS AND ABILITIES:
  • Outstanding technical accounting knowledge is required (i.e., GAAP, SEC, FASB compliance).
  • Solid comprehension of financial reporting, budgeting/forecasting and accounting systems is required.
  • Proficient in developing and implementing strategies to achieve performance goals and objectives.
  • Stays abreast of the external environment for emerging and relevant developments.
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