What are the responsibilities and job description for the Outsourced Management Accounting Associate position at LitmanGerson Associates LLP?
Reports To | Supervisor
OMA Seniors and above within the OMA Team
Summary of Job Function
At LGA, our primary focus is on our people. As an Associate in LGA's OMA service line, you will be responsible for providing bookkeeping and accounting services to a diverse range of clients, both for-profit and not-for-profit, across various industries-from startups to mature companies. This position combines performing accounting tasks and leveraging technology with developing strong client relationships.
Essential Job Duties
- Performs a variety of accounting functions while learning and gaining experiences in the area of bookkeeping, accounting, and technology
- Prepares month-end closings including the reconciliations and recording of adjusting journal entries, as needed
- Assist the client in populating their activity to an accounting cycle of cash receipts, cash disbursements, payroll, and adjusting journal entries.
- Serve as our client's outsourced accountant, either performing the entire function or working with other members of the client's team.
- Prepares Financial and Management level reporting
- Embraces opportunities to interact with the client regularly and develop client relationships with leadership and the accounting teams
- Embraces opportunities to learn and be involved in advisory services with our clients
- Demonstrates a strong learning ability and passion to embrace new technological platforms
- Prepare accurate and well-organized workpapers while demonstrating a solid understanding of accounting principles.
- Apply accounting knowledge identifying and addressing misapplications in client-prepared financial documents and reporting any concerns to the engagement lead.
- Utilize CCH, Microsoft, QuickBooks, and other OMA software efficiently, identifying opportunities to enhance technology use for improved client service and project efficiency.
- Accurately identify and document fundamental accounting systems and controls in assigned areas, ensuring compliance and accuracy.
- Knowledge of generally accepted accounting principles (GAAP).
Education and Experience :
Required Qualifications :
Work Environment and Special Physical Demands
The work environment characteristics and physical demands described here are representative of those an employee encounters while performing the essential functions of this job. A reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions. The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
LGA is committed to providing an equal opportunity and reasonable accommodation for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or otherwise participate in the recruiting process, please email us at .
Service Line Outsourced Management Accounting Team
Function : Billable
FLSA Status : Exempt
Location : Any LGA office (Woburn, MA or Salem, NH, Chestnut Hill, MA) or hybrid
Employment Type : Entry Level
Degree Required : Yes
Direct Reports / Supervisory Responsibility : None
Travel : Occasionally