Small but growing company in the hospitality / event management industry
Located near John Wayne Airport
Accounting Manager.
120-150K plus 10% bonus
- We are actively seeking an experienced accounting professional to join our growing team.
The position will be a hybrid of Accounting and Finance. The position will report directly to the CEO.
They will be responsible for building out, structuring and formalizing the accounting function including setting up SOPs, evaluating a new accounting platform, making sure controls are in place, automating manual processes, building the accounting team as needed.On the finance side, they will develop budgets and P&Ls for each event (including determining labor costs), create the 2 year, 3 year and 5 year strategic plan, actual vs. forecast variance and the revenue & cash flow forecasts.We are seeking candidates local to the Southern California area or with immediate plans to relocate onlyAs the Accounting Manager, you will lead a dynamic finance team, overseeing all financial aspects of the organization while providing strategic guidance across various departments. This role requires a seasoned finance professional with expertise in the events industry, strong leadership abilities, and a proven track record of managing financial operations effectively.
Key Responsibilities
Financial Analysis and Reporting
Lead comprehensive financial analysis of event performance, comparing actual results to budgets and forecasts through systems and processes with the goal of real-time reporting.Identify trends and KPIs to guide strategic decision-making.Analyze revenue streams and cost components to optimize profitability and efficiency.Develop financial models and dashboards to present clear, visually appealing event financial data.Lead and ensure accuracy with weekly and monthly reporting.Prepare and present insightful financial reports to leadership and stakeholders on a monthly basis, within 10 days after month-end.Budgeting and Forecasting
Collaborate with the team to develop accurate, project-based budgets and an annual master budget for the company 3 months prior to the start of each year.Prepare financial forecasts based on historical data and market insights.Monitor cash flow, optimize resource allocation for events, and conduct variance analysis to address discrepancies.Evaluate events and investments through cost-benefit analysis to support strategic decision-making.Audit & CPA Oversight
Coordinate with external auditors and CPA to ensure smooth audit engagements and compliance with regulations.Provide annual financials within 30 days of year-end to the audit and CPA for their review.Review financial statements for accuracy and adherence to GAAP.Detect and prevent fraudulent activities through risk assessments and implement corrective actions based on audit findings.Accounting Policies and Procedures
Develop and enforce clear accounting policies aligned with GAAP and regulatory requirements.Establish guidelines for revenue recognition, expense management, and internal controls.Provide training and updates to the company regarding policies and procedures.Financial Risk Management
Identify and assess potential financial risks related to events and develop mitigation strategies.Manage currency exposure and credit risks, ensuring compliance with financial regulations.Cash Flow Management
Forecast and optimize cash flow for events and the organization, preparing monthly reports for management and stakeholders.Monitor accounts receivable and payable, controlling event-related expenses and implementing cost-saving measures.Accounts Receivable and Accounts Payable Oversight
Work with AR and AP teams to optimize collections and payments.Ensure timely communication regarding outstanding invoices and overdue accounts, negotiating favorable terms with vendors.Communication and Follow-Up
Establish timely response policies within the finance department, ensuring completion of tasks and projects.Foster a culture of responsiveness and collaboration within the finance team and across departments.Requirements and Skills
Minimum 7 years of experience in financial roles, with significant experience in the events, hospitality, retail or live entertainment industry preferredProven track record in project-based budgeting and forecasting, with at least 3 years in a management role.Thorough understanding of corporate finance, accounting principles, and compliance regulations.Proficiency in financial management software (e.g., QuickBooks, iSolved, SAP).Strong analytical and strategic thinking skills, with excellent organizational and leadership capabilities.Exceptional communication and interpersonal skills.Bachelor’s degree in accounting, finance, or a relevant field; advanced degree or CPA preferred.
Salary : $120,000 - $150,000
