Director Of Accounting Job Description

Job summary 1

Reporting directly to the CFO, the Director of Accounting will supervise day-to-day operations of Accounting (Project Accounting, Accounts Payable/Receivable, and Payroll). This position is responsible for maintaining strong financial internal controls and driving decisions that impact the Finance & Accounting organization. This role will work directly with operational managers and other teams within Finance. Responsibilities will also include the implementation and development of various business systems such as ERP and other automation tools.

Duties & Responsibilities 1

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Requirements & Skills 1

Job summary 2

Our Director of Accounting is the last stop for accountability in the day-to-day accounting activities for the brand. They report directly to the VP of Accounting and are the liaison between department vision and daily execution, overseeing the cross-functional accounting teams. They will work directly with the VP, of Accounting to create team schedules. They will mentor and develop their teams on best practice expectations. They are accountable for the work output of all AP/AR, Staff Accountants, Senior Accountants, and Accounting Managers. They are an integral part of reconciliation and period/annual closes while developing and maintaining accounting workflows and processes for ultimate efficiency and accuracy.

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Job summary 3

The Director of Accounting is responsible for building our in-house accounting functions to support the Company’s domestic and international growth. The right candidate will bring experience leading lean accounting teams that manage efficient financial reporting processes while also maintaining tight integrations with business operations.

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Job summary 4

The Director of Accounting performs reconciliations for the operating account, asset general ledger, and revenue. Assists in the preparation of detailed reports for management and financial reporting requirements. Responsible for overseeing the accounts receivable and payroll functions.

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Job summary 5

We are looking for a seasoned Director of Accounting. As a strategic partner to the GM and department heads, you will serve as a member of the hotel’s executive committee. Providing direction and leadership to all accounting and finance functions including, accounts payable, accounts receivable, audit, cash management, and payroll.

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Job summary 6

The Director of Accounting is responsible for the region close, forecasting, and a combination of the following (i.e., order processing, billing, accounts receivable, sales admin, inventory), with a specific focus on budgets, identifying process improvement opportunities and ensuring the accuracy and integrity of financial data. Provides finance and strategic support to the Region Management Team and the VP of Finance through a thorough understanding of business operations, systems, and customer expectations.

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Job summary 7

The Director of Accounting will play a key role in the day-to-day accounting activities of the Company. Additionally, this position provides financial information to management by researching and analyzing accounting data as well as by preparing reports. The ideal candidate will be positive, team-oriented, and motivated to take their career to the next level.

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Job summary 8

The Director of Accounting (DOA) is responsible for overseeing the General Accounting and Financial Reporting functions and the financial services area including Accounts Payable, Payroll, Accounts Receivable, and Treasury. The DOA is also responsible for implementing and maintaining a system of internal controls that will ensure that company assets are adequately safeguarded and that all financial reporting is prepared in compliance with all financial policies and US GAAP. Work is performed with no technical supervision and requires initiative and independent judgment.

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Requirements & Skills 8

Job summary 9

The Director of Accounting will maintain the fixed asset ledger and assist with maintaining the general ledger. In addition, monitoring of cash balance activity and making accounting recommendations to the CFO.

Duties & Responsibilities 9

Requirements & Skills 9

Job summary 10

We are looking for a highly motivated, goal-oriented leader to fill the Director of Accounting position. As Director of Accounting, you will be responsible for a variety of tasks which include planning, organizing, directing, and coordinating all significant and administrative functions for the delivery of effective and efficient accounting and reporting for the State. These responsibilities require regular communication and coordination with other state offices and agencies along with setting agency standards and deadlines for submissions. You will oversee the Accounting & Reporting Department, which includes direct supervision of employees and management of their work production and deadlines. Another area of responsibility will include financial services provided by the department consisting of accounting, financial reports, financial policy development, and related functions.

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Frequently asked questions

What are the skills of a director of accounting?

A Director of Accounting has a crucial role within a company, overseeing all financial and accounting activities. Here are some key skills required for this position:

Financial Acumen: Directors of Accounting should have a strong understanding of financial statements, budgeting, financial forecasting, cost accounting, and cash flow management.

Accounting Expertise: They need comprehensive knowledge of Generally Accepted Accounting Principles (GAAP) and other relevant regulations. They should also be familiar with tax laws and reporting requirements.

Analytical Skills: They need to interpret complex financial data and use it to make strategic decisions. This requires strong analytical skills.

Leadership Skills: As directors, they manage the accounting team and provide direction. They need to motivate, mentor, and develop their staff effectively.

Communication Skills: They need to communicate complex financial information clearly to people with different levels of financial understanding, including executives, board members, and non-financial staff.

Attention to Detail: Given the high stakes of financial reporting and compliance, precision and attention to detail are crucial.

Strategic Thinking: Directors of Accounting help shape the company's overall financial strategy. They need to understand the business's broader context and contribute to strategic planning.

Ethical Judgement: They must uphold the highest standards of integrity due to the sensitive and impactful nature of their work.

Problem-Solving Skills: They must be able to address issues that arise in financial management, from internal disputes to changing regulations.

Technology Proficiency: They need to be proficient in accounting software and ERP systems. Familiarity with data analysis tools may also be beneficial.

Time Management: Directors of Accounting often juggle multiple responsibilities and deadlines. Good time management skills are essential.

Project Management Skills: They often lead key accounting projects, requiring them to plan, coordinate resources, monitor progress, and deliver results on time.

Remember, the importance of these skills can vary depending on the company's size, industry, and specific needs.

What are the daily duties of a director of accounting?

The specific duties of a Director of Accounting can vary based on the size and industry of the company, but their primary role is to oversee the company's financial and accounting operations. Here are some common daily duties:

Overseeing Accounting Operations: The Director of Accounting supervises the day-to-day operations of the accounting department, including transactional accounting, payroll, accounts payable, accounts receivable, and financial reporting.

Financial Analysis and Reporting: They analyze financial data and prepare reports to summarize and forecast the company's financial position, such as income statements, balance sheets, and analyses of future earnings or expenses.

Budgeting and Financial Planning: They assist in the preparation of budgets or forecasts, compare actual results with budgeted expectations, and analyze and report on variances.

Compliance and Regulations: The Director of Accounting ensures compliance with all internal policies and relevant regulations, and ensures all accounting practices are in line with statutory legislation and regulations.

Leadership: They manage, mentor, and develop the accounting staff, fostering a cohesive and efficient team environment.

Policy and Process Improvement: They review and recommend changes to the company's financial policies and procedures. This may also involve evaluating and implementing new technologies to streamline accounting processes.

Liaising with External Parties: They might liaise with external auditors, tax consultants, or regulatory bodies, providing necessary information and ensuring that audits are managed smoothly.

Strategic Planning: They may participate in strategic meetings with other senior leaders, providing financial insights to inform strategic decisions.

Risk Management: The Director of Accounting contributes to risk management and business continuity initiatives, identifying financial risks and implementing effective controls.

Tax Planning and Reporting: They oversee the preparation and filing of all tax returns and other reporting requirements. They may also be involved in tax planning strategies.

These duties require a solid understanding of accounting principles, strong analytical abilities, leadership skills, and the ability to communicate effectively with various stakeholders. The Director of Accounting is pivotal in maintaining the financial health of the company and driving its financial performance.

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