Description

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Job Summary:

The Accounting Team Lead supervises, tracks and evaluates day-to-day activities of the accounting function and team members. The Team Lead has the responsibility of developing and implementing systems for collecting, verifying and reporting accounting information. This position can be a Remote or Hybrid opportunity.

Essential Functions/Key Responsibilities:

• Manage and oversee the daily operations of the accounting department including:
  • month and end-year process
    • workload of accountants
    • close schedules and achievement of dates
    • communication across the organization of information needed by specific dates
  • general ledger ownership
    • ensure accuracy of account coding in ledger
    • monitor accruals / re-accruals / recurring entries
    • ensure GAAP compliance
  • payroll and benefits recording and accrual
  • oversee sales/use tax compliance as well as business licenses
  • revenue and expenditure variance analysis and explanations
    • during the close to ensure completeness and accuracy
    • after close to complete the monthly package
  • account reconciliations completeness and accuracy
    • review of account reconciliations prepared by the team
    • preparation of assigned account reconciliations
  • conduct monthly departmental reviews with owners – cost trends, variances to forecasts, etc
  • other assignments as identified
• Monitor and analyze accounting data and produce financial reports or statements
• Establish and enforce proper accounting methods, policies and principles
• Coordinate and complete annual audits
• Provide recommendations for improvements to processes and reporting
• Improve systems and procedures and initiate corrective actions
• Assign projects and direct team members to ensure compliance and accuracy
  • make recommendations for improvements for team member performance
• Meet financial accounting objectives
• Establish and maintain fiscal files and records to document transactions
• Active role in annual budgeting and quarterly forecasting process; consolidation, managing operating expense forecast, and various reporting requirements

Physical Requirements and Working Conditions:

• This job operates in a professional office environment either in Elmhurst, Illinois or Farmington Hills, Michigan, with hybrid options available
• This requires the use of typical office equipment such as a computer, laptop and cell phone

Knowledge, Skills and Abilities:

• Advanced computer skills on MS Office, with a heavy focus on Excel, business intelligence tools like PowerBI
• In-depth understanding of generally accepted accounting principles and accounting software, preferably NetSuite
• Proven knowledge of bookkeeping and accounting principles, practices, and standards
• Problem solving/analysis
• Sense of urgency and desire to work in a fast paced environment
• Team centered/work well with co-workers and cross functionally to resolve issues and problems
• Customer service focus
• Strong communication skills (verbal and written)
• Ability to work independently
• Leadership characteristics
• Ability to gain buy-in from other parts of the organization
• Attention to detail and accuracy
• Thoroughness

Education and Experience:

• Bachelor’s degree in Accounting or Finance
• Four or more years of increased accounting experience, and proven ability to lead a team
• Above average skills in Microsoft applications; Excel and PPT
• CPA or MBA preferred

Other 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.

About the Company

Burroughs is a rapidly growing privately held company with corporate offices in Elmhurst, Illinois and Farmington Hills Michigan. Through its 136 years of innovation and service excellence Burroughs has seen and helped drive numerous evolutions in payment and transaction automation technology. This commitment to innovation combined with service, collaboration, agility, and investment in our people has enabled our business to become the largest independent service and integration provider in North America. Burroughs will be spending millions over the next two years to digitally transform its business systems. Burroughs is upgrading its ERP and field technician’s technology. In addition, Burroughs is moving to state of the art cloud based digital technologies emphasizing optimizing business processes, collaboration tools, business intelligence, predictive analytics and the underlining technologies to seamlessly integrate them and make it part of the company’s ecosystem setting Burroughs apart from their competition. We are seeking aspiring highly motivated people to join our team and be part of building for our future.