Financial Reporting and Technical Accounting Manager
Lendistry - dallas, TX
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EXECUTIVE SUMMARY OF RESPONSIBILITIES We are excited to invite a highly motivated Financial Reporting and Technical Accounting Manager to become a pivotal member of our dynamic accounting team. As our company experiences significant growth, we offer a unique opportunity to contribute to and shape the financial backbone of our organization. ABOUT LENDISTRY Lendistry is the country's largest minority-led and technology-enabled small business and commercial real estate lender with Community Development Financial Institution (CDFI) and Community Development Entity (CDE) certification. We are a national employer whose mission is to provide economic opportunities and progressive growth for small business owners and their underserved communities as a source of financing and financial education. YOUR ROLE: As the Financial Reporting and Technical Accounting Manager, you will play a critical role in ensuring the integrity and accuracy of our financial statements. You will be responsible for preparing financials and footnotes, performing technical accounting research and drafting memos, assisting with the annual audit, and utilizing sophisticated tools for financial statement variance analysis. Your expertise will help drive informed decision-making and support our strategic growth initiatives. Why Join Us? • Rapid Growth and Upward Mobility: Our accounting team is expanding quickly, providing ample opportunities for professional development and career advancement. As we scale, you will have the chance to take on greater responsibilities and advance into leadership roles. • Innovative and Tech-Savvy Environment: Work alongside a tech-forward Controller who is passionate about integrating technology and automation into our financial processes. Lendistry is seeking a candidate who is eager to learn and upskill, obtain an understanding of current processes with the goal of streamlining month-end close activities, reconciliations, reporting, and various ad-hoc projects. • Collaborative Team Culture: Join a supportive and collaborative team where your ideas and contributions are valued. We believe in fostering a positive work environment that encourages continuous learning and professional growth. • Impactful Work: Your efforts will directly influence the financial health and success of our company. You will be instrumental in optimizing our accounting practices and driving efficiency through innovative solutions. IDEAL CANDIADATE: The perfect candidate for this role is someone who is not only proficient in traditional accounting and reporting functions but also eager to embrace and implement new technologies. You should possess a strong analytical mindset, excellent attention to detail, and the ability to manage multiple tasks in a fast-paced setting. Whether you have hands-on experience with automation tools or a keen interest in developing these skills, you will find a welcoming and empowering environment here. GENERAL RESPONSIBILITIES Financial Reporting • Prepare quarterly consolidated financial statements, including balance sheets, income statements, statements of cash flows, and statements of changes in equity. • Prepare quarterly subsidiary financial statements. • Perform the monthly consolidation of financial statements. • Maintain and update financial statement line-item mappings for new general ledger (GL) accounts. • Provide month-over-month (MoM) and quarter-over-quarter (QoQ) variance analysis of consolidated financial statements using the AI-powered tool Numeric. • Prepare quarterly MD&A to communicate results to external parties. • Perform debt covenant calculations and provide results to Treasury team. General Ledger Close Activities • Assist with aspects of the GL close process, including • Preparing monthly stock compensation expense journal entries • Reconciling equity GL accounts • Reconciling charge-offs and recoveries for the Allowance for Credits Losses ("ACL") Technical Accounting • Perform technical accounting research using Deloitte's DART application • Prepare new technical accounting memos and update existing ones for changes • Keep up to date with new accounting and financial reporting standards • Draft procedural memos for all areas of responsibility Audit Support • Serve as one of the main points of contact between the auditors and the Company during the annual audit • Prepare annual audited financial statements with footnotes for o The consolidated entity (~45 pages with 15 footnotes) o The SBA entity (~26 pages with 10 footnotes) • Provide tie-out support for footnote disclosures to auditors • Prepare the annual disclosure checklist Investor and Stakeholder Relations • Be the primary contact for inquiries from investors, potential creditors and other stakeholders regarding financial statements • Assist with ad hoc due diligence requests from potential investors Other • Develop and maintain internal controls over financial reporting policies and procedures • Ensure compliance with accounting standards and regulations • Implement process enhancements to improve the efficiency and effectiveness of financial reporting and accounting operations. • Collaborate with cross-functional teams to ensure accurate and timely financial reporting. PROFICIENCIES • 5+ years of accounting and financial reporting experience. • Experience preparing financial statements including balance sheet, income statement, statement of cash flows, and statement of changes in equity. • Experience drafting footnote disclosures for financial statements. • Familiarity with Microsoft Suite products. • Experience with various ERP systems. • Demonstrated ability to thrive in a fast-paced work environment. • Excellent verbal and written communication skills. • Sophisticated word processing and computer database skills, especially in Microsoft Word and Excel. • Ability to think creatively and innovatively. • Good interpersonal skills with the ability to work effectively with individuals and groups at all organizational levels, • Ability to work independently and as part of a team. • Strong analytical ability with active listening skills. • Willingness to adapt to changing business needs and deadlines, including extended work hours. Plus: • Workiva experience • 3+ working for a financial service company and/or client • Big 4 or National Accounting Firm experience • VBA Macro experience REQUIREMENTS • CPA License • Location: Dallas, TX PHYSICAL REQUIREMENTS This is a stationary position that requires frequent sitting (approximately 95%), repetitive wrist motions, grasping, speaking, listening, close vision, and the ability to adjust focus. It also may require occasional standing, lifting, carrying of 20lbs or less, walking, kneeling, bending/stooping, twisting, pulling/pushing, and reaching above the shoulder. Employees in this position must be physically able to efficiently perform the essential functions of the position. SALARY $106,400-$134,000/annually depending on experience Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
Created: 2024-10-15