• Accounting Manager

    Job Locations US-CA-Los Angeles
    Category
    Accounting & Finance
  • Overview

     

    The Accounting Manager is responsible for managing the accounting operations of accounting division or assigned department. Establishes and maintains the Company’s fiscal record keeping system by utilizing generally accepted accounting principles. Adhere to tax laws and regulatory compliance to properly reflect the financial position of the Company. Ensures department activities run smoothly and efficiently. Provides leadership, training and supervision within the department. Provides a high level of customer relations and service, and ensures compliance with Company policies and procedures. The position of Accounting Manager assists in attaining established Company and department goals. Performs supervisory duties of department staff, coordinates staff for coverage in all related areas of the department.  

     

    Demonstrates knowledge of, adherence to, monitoring and responsibility for compliance with state and federal regulations and laws as they pertain to this position including but not limited to the following: GLBA(Gramm-Leach-Bliley Act), Regulation Z (Truth in Lending Act), Regulation DD (Truth in Savings Act) Regulation B (Equal Credit Opportunity Act), Dodd–Frank Wall Street Reform and Consumer Protection Act (Dodd Frank Act), Elder Abuse Laws, Bank Secrecy Act in conjunction with the USA PATRIOT Act, Anti-Money Laundering and Customer Information Program, Right to Financial Privacy Act (state and federal) and Community Reinvestment Act.

    Responsibilities

     

     

    • Supervises the following accounting functions for the assigned department, including but not limited to General Ledger, Accounts Payable, Accounts Receivable, and accounting reconciliation.
    • Development and implementation of systems and procedures to maintain proper financial records
    • Assures audit compliance and procedure quality control is maintained for the department and Company. Reviews, recommends and initiates corrective actions.
    • Oversees certification and audit activities for all branches and departments; and ensures department is in compliance with established Company policies, procedures and state and federal regulations.
    • Contributes to the overall profitability of the department and Company; implements costs controls and monitors expenses to ensure compliance with budget.
    • Assists other branch and department offices in resolving accounting inquiries and providing staff support.
    • Ensures accurate completion of related financial reports initiated by the Company’s data processor along with internal reports.
    • Develops, tests and implements policies and procedures (manual and computerized) pertaining to the maintenance of accurate accounting records and report preparation.
    • Gathers and calculates data associated with the preparation of various routine and special financial statements and reports; reviews documentation for accuracy and completeness; highlights critical areas of the documentation for management’s review; and presents and explains reports and documentation to senior management.
    • Gathers and calculates financial information; responsible for the preparation and submission of monthly, quarterly and annual tax reports to the federal and state government; and ensures reporting is made in compliance with tax laws and regulations.
      Processes, solves and answers complex customer transactions, problems or inquiries.
    • Manages various accounting aspects and processes for specialized areas.
    • Maintains advanced knowledge and awareness of financial industry status and trends.
    • Assists the accounting management in implementing cost controls for the department and monitors expenses to ensure compliance with budget.
    • Assists the Controller with tasks and projects as assigned.
    • Provides supervision and support to all areas of the department where service or assistance is needed; oversees activities of assigned department personnel.
    • Monitors staff in daily tasks, operations and quality control; ensures the organization of assigned areas of the department, coordinating available resources (e.g., staff, materials, etc.) for maximum results.
    • Plays a positive role in the development and growth of assigned department staff through excellent communication skills, both verbal and written, along with strong delegation skills assuring a highly cross-trained staff.
    • Performs personnel actions including performance appraisals, disciplinary actions, and interviewing candidates for employment; supervises the daily activities of the department including, but not limited to, effective delegation of assignments, developing work schedules and providing necessary training. 
    • Treats people with respect; keeps commitments; inspires the trust of others; works ethically and with integrity; upholds organizational values; accepts responsibility for own actions.
    • Demonstrates knowledge of and adherence to EEO policy; shows respect and sensitivity for cultural differences; educates others on the value of diversity; promotes working environment free of harassment of any type; builds a diverse workforce and supports affirmative action.
    • Follows policies and procedures; completes tasks correctly and on time; supports the Company’s goals and values
    • Performs the position safely, without endangering the health or safety to themselves or others and will be expected to report potentially unsafe conditions. The employee shall comply with occupational safety and health standards and all rules, regulations and orders issued pursuant to the OSHA Act of 1970, which are applicable to one’s own actions and conduct.Performs duties specific to the position and other functions as assigned.

     

     

     

     

    Qualifications

     

     

     

    • Bachelor’s degree from a 4 year college or university; or 7 years of related experience and/or training; or the equivalent combination of education and experience. Work related experience should consist of an in-depth background in accounting, management and supervisory skills. Educational experience, through in-house training sessions, formal school or financial industry related curriculum, should be applicable to the financial industry.Provide high-level oversight and approval on the Accounts Payable process which is managed by the Accounts Payable Manager
    • Provide high-level oversight and approval on the Fixed Assets and Prepaids process which is managed by the Accounts Payable Manager
    • Manage the accrual process
    • Provide high-level oversight on the lease receivable accounting
    • Perform accounting entries for Loss Share, Income Taxes, stock-based compensation, etc.
    • Assist in month-end close
    • Assist in coordination with external and internal requests
    • Prepare accounting schedules and analysis
    • Be responsible for policies, procedures, and SOX controls in assigned areas
    • Supervise staff (2 direct reports)
    • Assist Controller with accounting operation tasks and special projects
    • Speaking, reading and writing in Korean is a plus.

     

     

     

    We will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance.

     

    We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

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