Senior Accountant

• →Reconcile every operating bank account to NetSuite at month end.
• →Prepare and post recurring journal entries: accruals, prepaids, depreciation, payroll, paid time off, leases under ASC 842 and cost allocations across entities.
• →Issue intercompany invoices, post fee entries, and reconcile intercompany receivables to payables.
• →Investigate and clear suspense and clearing account balances every month.
• →Reconcile the remaining balance sheet accounts monthly, including receivables, fixed assets and debt balances.
• →Build each entity's trial balance, financial statements and trend analysis for the CFO's consolidation and sign-off.

• Reconcile the trust bank accounts to NetSuite daily, and clear reconciling items within 5 business days.
• Research and clear unidentified and unapplied receipts (checks, wires and ACH), and decide the account, client and entity for each.
• Review the daily card and ACH processor tie-out to the bank, and decide returns, chargebacks and positive pay exceptions.
• Reconcile each trust pool monthly, so the ending bank balance equals the net liability to clients.
• Run client remittances: build the remittance workbook, post the journal entry, invoice recoverable costs and issue the client statement.
• Prepare the transfers and entries that move remitted funds, under dual approval.

• Roll forward purchased portfolios and reconcile portfolio buybacks to remittance data.
• Prepare the monthly CECL (ASC 326) data package and upload the journal entries by portfolio. The CFO owns the methodology.
• Tie gross collections to the collections platform and remittance reports by portfolio and reconcile servicing fee revenue.
• Capitalize advanced recovery costs monthly and reconcile the supporting details to the general ledger.

• Train support staff on posting procedures and review their routine posting before it reaches the close.
• Write and maintain the procedure for each recurring task you run, starting in your first month.
• Prepare year-end close work: cut-off, accrual completeness, final trial balances and the workpaper binder.
• Prepare the annual fixed asset roll-forward, unclaimed property report and 1099 filings.
• Assemble schedules and supporting detail for the outside accountants' annual engagement.

• NetSuite experience in a multi-subsidiary environment.
• Trust, fiduciary, or client-funds accounting experience.
• Experience in financial services, receivables management, or specialty lending.
• Familiarity with ASC 326 (CECL), ASC 842, and intercompany accounting.
• Active CPA license, CPA exam progress, or public accounting/audit experience.
• Intercompany accounting in a multi-entity close.
• An active CPA license, or progress on the CPA Exam.
• Audit experience at a Big 4, national or strong regional firm.
• You will work in NetSuite, Excel, a collections platform, and a case management system.

Pay and Benefits?

• Pay: $90,000 to $100,000 per year. The role is salaried and exempt.
• The interview includes a short practical exercise: Drawn from the role's real work.
• Medical, Dental & Vision Insurance
• Life Insurance & Disability Coverage
• 401k Retirement Plan
• Paid Holidays
• Discretionary Time Off (DTO)

Equal Employment Opportunity Statement

LCS Financial Services Corporation is an Equal Employment Opportunity Employer. We provide equal employment opportunities to qualified applicants without regard to race, color, religion, sex, national origin, age, disability, genetic information, or any other status protected by applicable law.

The selection process may include a short practical accounting exercise based on responsibilities of the role.