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Accounting Associate
1 month ago
The Associate Accountant will aid in upholding the fiscal integrity of our organization. This entry-level position aids the accounting department by executing a range of duties, including assisting in the preparation of journal entries, helping reconcile accounts, contributing to audit processes, and supporting adherence to universally recognized and public reporting standards such as GAAP and IFRS. The ideal candidate for this role is meticulous, proactive, and can flourish in a fast-paced, global environment. An understanding of basic accounting principles and a willingness to learn are integral for this role.
Responsibilities- Assists with the preparation of the Monthly Financial Statements for assigned entities under the supervision of a senior or staff accountant.
- Participates in the month-end close process which includes tasks like balance sheet reconciliations and reporting requirements.
- Records routine transactions and occasionally assists with non-complex transactions.
- Assists in recording fixed asset depreciation, intangibles amortization, etc. entries under the direction of a staff accountant.
- Helps with the recording of month-end and quarter-end close entries as advised by the corporate reporting team.
- Assists in Cash Reconciliation tasks and Credit Card reconciliations.
- Helps in recording expense entries and in AP, AR, etc. subledger reconciliations.
- Aids in recording Payroll entries and assists in its reconciliation.
- Assists in recording month-end accruals.
- Helps in reconciling Intra-company and Inter-company activities with other subsidiaries.
- Works with the central AP, AR, and Billing Teams under the supervision of a staff accountant to complete tasks related to month-end close.
- Assists with entering data into Stagwell's reporting tool.
- Helps in the local tax compliance process under the direction of a staff or senior accountant.
- Works in maintaining strong accounting controls and practices over financial reporting as a part of assisting in SOX compliance.
- Assists in the Internal/External Audits: helps in preparing schedules and conducts preliminary audit research as assigned.
- Possibly some ad-hoc tasks as assigned by the Staff or Senior Accountant.
- Education: Bachelor's degree in Accounting, Finance, or a related field. Pursuing CPA certification is desirable.
- Experience: 1-2 years of relevant accounting experience preferably within a company. Familiarity with financial reporting and SOX compliance is a plus.
- Technical Skills:
- Working knowledge of ERP systems (e.g., SAP, Oracle, NetSuite).
- Proficiency in Excel (pivot tables, VLOOKUP, etc.).
- Basic understanding of financial reporting tools and software.
- Knowledge: Basic to intermediate understanding of GAAP. Familiarity with IFRS is a plus.
- Soft Skills:
- Detail-oriented with a desire to develop stronger analytical and problem-solving skills.
- Good written and verbal communication skills.
- Willingness to work collaboratively across teams.
- Good organizational skills with the ability to manage priorities and meet deadlines.
- Willingness to work collaboratively across teams.
- Good written and verbal communication skills.
- Detail-oriented with a desire to develop stronger analytical and problem-solving skills.
- Soft Skills:
- Knowledge: Basic to intermediate understanding of GAAP. Familiarity with IFRS is a plus.
- Basic understanding of financial reporting tools and software.
- Proficiency in Excel (pivot tables, VLOOKUP, etc.).
- Working knowledge of ERP systems (e.g., SAP, Oracle, NetSuite).
- Technical Skills:
- Experience: 1-2 years of relevant accounting experience preferably within a company. Familiarity with financial reporting and SOX compliance is a plus.
