Head of Accounting

Description

As the Head of Accounting, you will lead the daily operations of our accounting department. Your focus will be on ensuring accuracy while adhering to financial regulations. You will be responsible for managing financial records, generating insightful reports, and leading a dedicated accounting team to drive excellence and efficiency. Your expertise will be essential in shaping our financial strategies and supporting the organization's growth.

Requirements

Supervisory Responsibilities:

• Oversee accounting operations.
• Assists in recruiting and hiring accounting staff and conducting performance evaluations.
• Implement training for new hires and identify ongoing training opportunities for current staff.
• Oversee the system of internal controls over accounting functions to minimize risk.
• Handle disciplinary and termination processes as needed, in accordance with company policy.
  
  

Duties/Responsibilities

• Oversee the preparation of periodic financial statements and annual reports.
• Provide necessary statements and information for audits as required.
• Oversee annual preparation and filing of Forms 1042, 1042-S, 1099-NEC, and 1099-MISC.
• Prepare budget reports and assist other departments in preparing annual budgets.
• Coordinate the preparation of the company’s tax return.
• Ensure the monthly multi-national royalty payments are processed promptly and accurately.
• Maintain a documented system of accounting policies and procedures.
• Ensure compliance with local, state, and federal government requirements.
• Identify and recommend updates to accounting processes and procedures.
• Ensures compliance with local, state, and federal government requirements, including but not limited to OFAC compliance.
• Performs other related duties as assigned.
  
  

Education, Qualifications, And Experience

• Five or more years of related experience required.
• Bachelor’s degree (or equivalent) in business, accounting, or related field is preferred but not required.
• Professional certification, such as CPA (certified public accountant) or CA (chartered accountant), is preferred, but not required.
  
  

Physical Dimensions

While performing the duties of this role, the employee is often required to: sit; use hands in repetitive motions to finger, grasp, handle or feel; and talk or hear. The noise level in the work environment is typical of that of an office. Employees may encounter frequent interruptions throughout the workday. The employee is occasionally required to: stand; walk; and lift or reach with hands and arms.

Must be able to operate routine office equipment, including computer terminals and keyboards, telephones, copiers, facsimiles, and calculators. Must be able to routinely perform work on a computer for an average of 6-8 hours per day, when necessary. Must be capable of regular, reliable, and timely attendance. Must be capable of climbing/descending stairs in an emergency situation. Ability to lift 20 pounds (if necessary for office supplies or materials).

Specific vision abilities required by this job include: The worker is required to have close visual acuity to perform an activity such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal; extensive reading; visual inspection involving small defects, small parts, and/or operation/inspection of machines and/or using measurement devices at distances close to the eyes.

Note: The statement herein is intended to describe the general nature and level of work being performed by employees assigned to this classification. They are not intended to be construed as an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.