Manager, Financial Reporting and Accounting Operations

We are thrilled to announce a job opening for a Manager, Financial Reporting and Accounting Operations to join our dynamic team. This role combines financial reporting, technical accounting, and general ledger management to provide comprehensive ownership of the function and a top-to-bottom understanding of the org. The ideal candidate will have a strong foundation in financial reporting and technical accounting, with the willingness and desire to jump into the GL and day-to-day accounting operations - focusing on utilizing modern solutions to automate processes, creating space for data analysis over data gathering, and generating insights that drive decision-making. This role will also be critical in the development of a SOX-compliant environment as our Company continues to grow. 

Prepare all reporting materials monthly, including those for internal management, lenders, investors, and ad hoc reporting

Act as the on-hand technical accounting expert, guiding the team in the application of new accounting standards

Lead the annual financial reporting and audit process, including the preparation of the annual financial statement package and acting as the key liaison with our external auditors

Develop and maintain accounting policies, procedures, and internal controls to ensure compliance with SOX standards

Own the monthly consolidation process, including performing intercompany reconciliations and elimination transactions between the parent and subsidiaries, review of subsidiary TBs, and ensuring proper translation to the consolidated reporting format

Manage several key accounting processes, including:

Assisting with all accounts payable, expense reimbursement, and T&E-related topics

Inventory accounting - Interfacing daily with the ops team to monitor buying and receiving activities, ensuring accurate costing data and seamless integration of operations transactions into the GL

Management of the monthly ASC 842, equity, and debt processes

Perform monthly account reconciliations and other close tasks to ensure accuracy

5+ years of experience, with at least part of that time spent in Big 4, at a public company in an SEC reporting role, or similar

CPA license

In-depth knowledge of US GAAP

Proven ability to lead the audit process and compile annual financials

Ability to research and provide technical accounting guidance for complex transactions and financial reporting issues, and explain them in simple, easy-to-understand terms

Willingness to research, test, deploy, and manage modern technology solutions to drive efficiency and automation across the function

Experience with multinational corporations, foreign currency, and intercompany accounting

Experience implementing automation tools in accounting-specific contexts

Experience in a public company and/or SOX-compliant environment

Accounting for inventory, cost accounting, or manufacturing experience

Skilled in utilizing ERP systems (NetSuite preferred)

Experience with Workiva, FloQast, and Ramp

Familiarity with French GAAP and/or government accounting

 *Research shows that while men apply to jobs where they meet an average of 60% of the criteria, women and other underrepresented people tend to only apply when they meet 100% of the qualifications. At Loft, we value respectful debate and people who aren’t afraid to challenge assumptions.  We strongly encourage you to apply, even if you don’t check all the boxes.