Financial Reporting and Accounting Analyst- Contract

Job Overview This position is classified as temporary to support our team during a critical period of transition. As we implement a new ERP system and realign our departmental processes, we are undergoing significant changes in our daily operations. The temporary role is essential to help manage these adjustments and ensure a smooth transition as we establish and refine our new workflows. This role offers a unique career-making opportunity, as it is integral to the transformative phase of our accounting department in an early-stage company. The successful candidate will need to demonstrate learning agility and flexibility to thrive in this evolving environment. There is potential for the role to transition into a full-time position based on performance and business needs. The Accounting and Financial Reporting Analyst is essential to ensuring the financial health and integrity of the organization. Reporting directly to the Controller and working closely with the Accounting Manager, this role is tasked with maintaining and enhancing the accuracy, transparency, and efficiency of financial reporting and accounting processes. The Analyst updates cash planning documents, prepares financial statements, generates Profit & Loss and EBITDA reports, and monitors G&A expenses, all of which are crucial for effective cash management, strategic decision-making, and compliance with accounting standards. Duties - Financial Control and Reporting Update Cash Planning Documents: Regularly update cash planning documents to reflect accurate bank statement balances, ensuring effective cash management. Prepare Financial Statements: Generate and present monthly, quarterly, and annual financial statements for internal and external stakeholders, ensuring transparency and compliance with accounting standards. Generate Profit & Loss Statements: Prepare detailed monthly Profit & Loss (P&L) statements by business segment to evaluate financial performance and inform strategic decisions. Compile EBITDA Reports: Compile EBITDA Performance Reports and reconcile with the General Ledger (GL) to ensure consistency and accuracy in financial reporting. Monitor G&A Expenses: Compare actual General & Administrative (G&A) expenses against budgeted amounts to identify variances and assess financial control. Review Payment Projections: Analyze payment projections and aging reports to support accurate financial planning and liquidity management. Accounting Cost Analysis and Control: Analyze, track, and control costs through activities such as cost classification, estimation, and variance analysis, providing critical information for budgeting and financial decisions. Invoice and Payment Coding: Code invoices and payments for specific projects, and maintain the investment database to ensure accurate financial records. GL Account Reconciliation: Review and reconcile General Ledger accounts with company records to maintain accurate and up-to-date financial information. Month-End Accruals: Analyze operational results to determine necessary month-end accruals and adjustments, and prepare corresponding journal entries. Standard Journal Entries: Prepare standard monthly and quarterly journal entries to ensure proper financial reporting and record-keeping. Financial Management Oversee Payables and Receivables: Manage accounts payable, accounts receivable, and billing/payment processes to ensure timely and accurate financial transactions. Cash Management: Perform sweep reconciliations to accurately track and manage cash balances, enhancing overall liquidity management. Loan Management: Facilitate the management of refinanced and paid-off loans, ensuring proper documentation and financial tracking. Financial Analysis Identify Trends and Risks: Assist in identifying financial trends, opportunities, and risks, providing insights to support strategic planning and decision-making. Analyze Metrics: Analyze and report on key financial and operational metrics, offering actionable insights to drive business decisions and improve performance. Project Cash Balances: Forecast cash balances for all bank accounts to ensure sufficient liquidity for operational needs. Credit Monitoring: Support credit monitoring and collection efforts by processing customer/vendor applications, setting up new accounts, preparing credit reviews, and running credit ratings for business partners. Review Financial Reports: Analyze Mark to Market reports from financial institutions to assess financial positions and market conditions. Calculate Borrowing Limits: Calculate borrowing base and related concentration limits to manage credit risk and financing strategies. Conduct research and financial analysis, applying sound judgment to complex tasks. Other Maintain Financial Records: Organize and maintain financial records to ensure accuracy and accessibility for audits and internal reviews. ERP System Implementation: Participate in the setup, testing, and implementation of a new ERP system to enhance financial processes and data management. Process Improvement: Develop and drive processes for continuous improvement, coordinating with various departments to streamline operations and enhance efficiency. Qualifications Bachelor’s degree in accounting and 2 years of relevant accounting experience. Experience with ERP systems such as NetSuite, MS 365 Business Central. Strong analytical capabilities and attention to detail to ensure accuracy in financial reporting. Excellent organizational skills with the ability to handle multiple tasks and meet deadlines efficiently. Resourceful, self-motivated, and possessing a sense of urgency with a strong work ethic to thrive in a fast-paced environment. Effective communication and interpersonal skills, with the ability to work collaboratively within a team and to communicate effectively with various external business partners. Ability to adapt to changing priorities and manage tasks efficiently under tight deadlines. Strong analytical skills and proficiency in Excel. Exhibit drive and adaptability to thrive in a dynamic, evolving environment and support growth initiatives. Location Our office is located at Toringdon Way in Ballantyne. This role is classified as hybrid which entails working in the office three days per week (generally Monday, Tuesday and Thursday) and working remote the other two days. Job Type: Contract Benefits: 401(k) 8% Match Physical Setting: Office Schedule: Monday to Friday Ability to Relocate: Charlotte, NC 28277: Relocate before starting work (Required) Work Location: Hybrid remote in Charlotte, NC 28277