The Director of Accounting is responsible for the accounting operations of the company to include the production of periodic financial reports, maintenance of an adequate system of accounting records, and a comprehensive set of controls and budgets to mitigate risk, enhance the accuracy of the company’s reported financial results, and ensure that reported results comply with generally accepted accounting principles.
Responsibilities include, but are not limited to:
- Establishes, or recommends to management, major corporate economic strategies, objectives, and policies for the company.
- Advises management about insurance coverage for protection against property losses and potential liabilities along with other risk management and bonding/surety issues including claim reserves and claim resolution.
- Provides management with timely reviews of the organization’s financial status and progress in its various programs and activities.
- Directs determination of depreciation rates to apply to capital assets, as well as the policy regarding capitalization versus expense.
- Advises management on desirable operational adjustments due to tax code revisions.
- Implementation of new financial/job cost software.
- Knowledge of Sage and Procore software a plus.
- Maintain a documented system of accounting policies and procedures.
- Manage outsourced functions.
- Oversee the operations of the accounting and payroll departments, including the design of an organizational structure adequate for achieving the department’s goals and objectives.
- Oversee the accounting operations of related entities, especially their control systems, transaction-processing operations, and policies and procedures.
- Daily cash management to ensure that company cash accounts are in safe financial institutions and that such accounts have state of the art security controls and are monitored daily for unauthorized activity.
- Maintain the chart of accounts.
- Issue timely and complete financial statements.
- Coordinate the preparation of the corporate annual report.
- Recommend benchmarks against which to measure the performance of company operations.
- Calculate and issue financial and operating metrics.
- Manage the production of the annual budget and forecasts.
- Calculate variances from the budget and report significant issues to management.
- Provide for a system of management cost reports.
- Provide financial analyses as needed, in particular for capital investments, pricing decisions, and contract negotiations.
- Prepare annual Corporate/LLC state & federal income tax filings.
- Prepare monthly sales/use tax returns.
- Annual processing of W-2s.
- Conduct Subcontractor Default Insurance program financial scoring.
- Oversee annual closing of all entities.
- Prepare weekly file feeds to retirement plan and health plan vendors.
- Prepare weekly payroll file to banks.
- Prepare payroll tax returns.
- Annual property/casualty insurance renewal – provide estimated exposures for workers comp, general liability, and auto.
- Prepare actual exposures for workers comp, general liability, and auto insurance and other coverage lines for audit.
- Coordinate the provision of information to external auditors for the annual financial audit.
- Coordinate and oversee annual audit of 401k Profit Sharing Retirement Plan.
- Monitor debt levels and compliance with debt covenants.
- Comply with local, state, and federal government reporting requirements and tax filings.
- Monitor health insurance plans and costs.
- Review and monitor 401k Profit Sharing Retirement plan.
- Review and monitor Deferred Compensation Plan, directing deferrals to the plan and distributions from the plan.
- Support safety first at all levels.
Qualified candidates should possess a Bachelor’s degree (B. A.) from a four-year college or university; or ten years related experience and/or training; or an equivalent combination of education and experience. Must have excellent verbal and written communication skills.
As an equal opportunity employer, it is the policy of The Shockey Companies that employment practices shall not be influenced by an employee’s or applicant’s race, color, religion, sex (including pregnancy, childbirth or related medical conditions including lactation; gender identity, and sexual orientation), age (40 or older), disability, national origin, veteran status or genetic information (including family medical history).
EOE M/F/V/H