What are the responsibilities and job description for the Accounting Specialist position at ARC NETWORK LLC?
Accounting Specialist
ETC, part of the Arc network, is a rapidly growing B2B event, data, and media platform. Please visit us at www.arc-network.com to learn more.
About Arc
Founded to redefine business networking, Arc organizes over 150 events annually and operates critical content platforms in HR technology, agriculture and food, financial services, and investing and education technology. Arc has over 350 talented colleagues in the U.S., U.K., Netherlands, and Singapore who focus on seeking new ways to connect communities wherever, whenever, or however people need to come together to grow their businesses.
About the Role
The Accounting Specialist will support the month-end close process, prepare journal entries, conduct monthly balance sheet reconciliations, and complete ad hoc projects to support the finance team. This position will also support the ongoing process improvement of accounting functions and the implementation of procedures to streamline fiscal close.
This role is within the ETC/Arc US finance team and reports to the ETC Accounting Manager. This is a hybrid role, and work from the West Palm Beach office is required 2-3 days per week.
Responsibilities
- Support daily accounting department operations, including reviewing and substantiating accounts payable transactions by auditing documents and posting accounts receivable, payable, and other general ledger adjustments.
- Prepare monthly journal entries for entry into the ERP system, NetSuite, by collecting necessary data, analyzing costs, and preparing support to attach to journal entries.
- Crosstrain with Accounts Payable and Accounts Receivable coordinators to back up payments and collections procedures as needed.
- Aid in the preparation of monthly deferred and recognized revenue postings and reconciliations
- Assist in maintaining the fixed and intangible asset reconciliation
- To ensure compliance, document new accounting procedures following U.S. GAAP
- Help with the maintenance and application of internal controls
- Financial close process support, ensuring accurate and timely deliverables monthly
- Other General Ledger journal entries, reconciliation preparation, and balance sheet review
- Track and file state and government business licensing to remain in compliance with all regulatory requirements
