What are the responsibilities and job description for the Finance Manager position at Loop?
About Loop:
Loop is a creative studio in Brooklyn, NY that was recently named Ad Age’s Newcomer Agency of the Year. The team consists of digital first-makers who create one-of-a-kind live interactive videos, stunts, ad campaigns and more — some of Loop’s recent partners are A24, Paramount Pictures, Duolingo, Samsung, Deel, Visa, Whatnot and more.
About You:
You love numbers, like really love numbers. You’re aligned with the type of content that Loop is putting out into the world. You’re ready to roll your sleeves up and get to work. You have an extremely strong attention to detail. You’re excited to get dialed into our daily operations and are even more excited about fine tuning the processes from there.
Job Overview:
Loop is seeking a full-time Finance Manager who will report to the CEO and work closely with the Head of Creative Production. This role requires a full-time in office presence Monday-Thursday at Loop HQ in DUMBO Brooklyn, NY.
What You’ll Do:
- Oversee the month-end close process. This includes revenue recognition, updating work papers, making accruals, weekly bank recs, CC reconciliations, depreciation and preparing ME journal entries.
- Manage day-to-day accounting operations, including accounts payable, accounts receivable, and payroll
- Prepare and present regular financial reports and analysis to senior management, highlighting key trends, variances, and financial performance
- Ensure accurate and timely preparation of financial statements, including P&L statements, balance sheets, and cash flow statements
- Develop and maintain financial models and budget forecasts to support strategic financial planning and decision-making
- Liaise with external CPA to provide financial information for quarterly tax filings and year - end K1 preparation.
- Ensure compliance with financial regulations, industry standards, and internal policies
- Ad hoc projects as needed.
Qualifications:
- Bachelor’s degree in Finance, Accounting, Business Administration, or a related field
- Prior experience (5 years) in a finance management role, preferably within an advertising or creative agency environment
- Strong understanding of financial principles, GAAP, and budgeting processes
Perks:
Comprehensive benefits package including premium healthcare, dental, vision, One Medical membership, 401k, optional HSA, Citibike contribution and more.
Salary : $90,000 - $135,000
