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Corporate Accounting Manager

This leadership role is responsible for overseeing the organization’s financial operations and

ensuring compliance with US GAAP and other regulatory requirements. This position involves

managing the monthly financial close, preparing financial reports, and leading the annual budgeting

process. You will also play a key role in supporting audits, managing cash flow forecasts, and

driving process improvements to enhance efficiency and accuracy in financial procedures.

Collaboration is central to this role, as you will work cross-functionally to align financial goals with

the company’s broader business strategies.

Essential Responsibilities:

 Manage monthly financial close activities, including preparing and reviewing journal

entries, variance analysis, and balance sheet reconciliations, while ensuring compliance

with US GAAP.

 Lead and continuously improve the annual budgeting process, monthly close processes,

and financial procedures to drive efficiency.

 Support audits and tax filings by preparing and reviewing supporting schedules,

interacting with auditors and tax consultants, and addressing questions independently.

 Prepare and deliver accurate financial reports to COO and ownership.

 Monitor and manage cash flow forecasts to align with operational and strategic goals.

 Provide leadership and mentorship to the accounting team, fostering professional growth

and ensuring high-performance standards.

 Collaborate with cross-functional teams to align financial goals and support business

strategies.

 Execute special projects and analyses as directed, while adhering to confidentiality and

company policies.

Requirements:

Education and Certification:

 Bachelor’s degree in Accounting or a related field is required.

 CPA designation is highly preferred.

Experience:

 A minimum of 7 years of progressive accounting experience, with a strong preference for

experience in the insurance or third-party benefits administration industry.

 Proven management experience with demonstrated leadership capabilities.

Skills and Competencies:

 Advanced accounting knowledge with exceptional analytical and organizational skills.

 High attention to detail and proficiency in preparing, analyzing, and interpreting financial

data.

 Strong expertise in Microsoft Excel; experience with other accounting or financial

systems is a plus.

 Practical problem-solving and decision-making skills with the ability to prioritize and

manage multiple tasks effectively.

 Ability to understand and implement complex instructions across various formats.

 Experience in process improvement, audits, and regulatory compliance (e.g., US GAAP).

Benefits Offered:

We recognize that talented people are attracted to companies that provide competitive pay,

comprehensive benefit packages, and outstanding advancement opportunities. For this reason,

we offer a comprehensive benefits plan including the following:

 Competitive overall compensation package

 Career enhancement and growth opportunities 

 401(k) match up to 50% contribution

 Medical, dental, and vision coverage

 Life/AD&D insurance

 Accident/critical illness insurance

 FSA and HSA accounts

 Competitive paid time off

 Professional development/tuition funds

 Continuing education and career certification

 Company funded Lifestyle Spending Account

 Employee engagement activities

 Service recognition compensation

Average salary estimate

$115000 / YEARLY (est.)
min
max
$100000K
$130000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About Corporate Accounting Manager, Royalty Medical Solutions

Are you ready to take your career to the next level? As the Corporate Accounting Manager at our innovative company, you'll play a vital role in steering our financial operations towards success. This leadership position offers you the chance to oversee the monthly financial close, prepare comprehensive financial reports, and lead the annual budgeting process, ensuring everything aligns perfectly with US GAAP and other regulatory requirements. You'll collaborate closely with cross-functional teams, ensuring our financial strategies resonate with the overall business goals. If you thrive in a dynamic environment and love mentoring teams, this is a perfect opportunity for you! Your responsibilities will also include supporting audits, managing cash flow forecasts, and driving process improvements to enhance both efficiency and accuracy. We are looking for someone with at least 7 years of progressive accounting experience, preferably in the insurance or third-party benefits administration industry. Your expertise in Microsoft Excel and advanced accounting knowledge will be integral as you lead our talented accounting team. Join us in fostering a culture of growth and excellence while enjoying a comprehensive benefits package that recognizes your contributions and supports your career progression.

Frequently Asked Questions (FAQs) for Corporate Accounting Manager Role at Royalty Medical Solutions
What are the main responsibilities of the Corporate Accounting Manager at your company?

The Corporate Accounting Manager is mainly responsible for overseeing the financial operations of the company, ensuring compliance with US GAAP. Duties include managing monthly financial close activities, leading the annual budgeting process, preparing financial reports, and supporting audits. Additionally, this role requires collaboration with various teams to align financial goals with the broader business strategies.

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What qualifications are required for the Corporate Accounting Manager position?

Candidates should possess a Bachelor’s degree in Accounting or a related field, with a CPA designation being highly preferred. The role demands a minimum of 7 years of progressive accounting experience, along with proven management capabilities. Experience in the insurance or third-party benefits administration industry is strongly preferred.

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How does your company support the professional growth of the Corporate Accounting Manager?

Our company emphasizes career enhancement opportunities for the Corporate Accounting Manager. We provide comprehensive training, professional development funds, and career certification options to help you continually advance in your career while fostering a culture of mentorship within the accounting team.

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What are the essential skills needed for success as a Corporate Accounting Manager?

To excel as a Corporate Accounting Manager, candidates should possess advanced accounting knowledge, exceptional analytical and organizational skills, and a high attention to detail. Proficiency in preparing and interpreting financial data is crucial, alongside strong problem-solving skills and experience in regulatory compliance, particularly US GAAP.

Join Rise to see the full answer
What benefits come with the Corporate Accounting Manager position?

We offer a competitive compensation package for the Corporate Accounting Manager, which includes 401(k) matching, medical, dental, and vision coverage, life insurance, and a generous paid time off policy. Additionally, we provide opportunities for professional development and lifestyle spending accounts to ensure a well-rounded employee experience.

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Common Interview Questions for Corporate Accounting Manager
What strategies do you use to manage the monthly financial close process?

To effectively manage the monthly financial close process, I prioritize organization and communication. I create detailed timelines, ensure all team members know their responsibilities, and regularly check progress. By fostering a collaborative environment and utilizing accounting software efficiently, I can streamline the process and meet deadlines.

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How do you assess the effectiveness of the budgeting process?

I assess the budgeting process by comparing actual performance against set budgets and metrics. Continuous monitoring allows me to identify variances early, assess their causes, and adjust future budgets accordingly. Gathering feedback from team members also plays a crucial role in refining the process.

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Can you describe your experience with audits?

I have extensive experience with audits, having supervised multiple audit cycles. My approach involves meticulous preparation of supporting schedules, maintaining open communication with auditors, and promptly addressing their inquiries. This proactive engagement helps to ensure a smooth audit process and fosters trust.

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What methods do you employ for cash flow forecasting?

For cash flow forecasting, I use historical data analysis, consideration of upcoming operational needs, and market conditions. I also collaborate with department heads to gather insights on any anticipated changes, aligning forecasts with the company’s strategic goals to ensure accuracy.

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How do you prioritize tasks during peak accounting periods?

Prioritization during peak accounting periods involves creating a comprehensive task list and implementing a structured workflow. I assess the urgency and impact of each task, delegate responsibilities when appropriate, and maintain continuous communication with the team to adjust priorities as needed.

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How do you ensure compliance with US GAAP in your accounting processes?

Ensuring compliance with US GAAP involves regular training for the accounting team, keeping updated with changes in regulations, and implementing strict review processes. I also conduct internal audits to verify adherence and create protocols for proactive adherence to compliance standards.

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What experience do you have in leading an accounting team?

In my previous roles, I have successfully lead accounting teams by promoting a culture of collaboration and professional development. By setting clear goals, providing regular feedback, and supporting individual growth, I've fostered a high-performance environment that enables team members to thrive.

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How do you handle conflicting financial data?

Handling conflicting financial data requires a systematic approach. I start by verifying the source of the data, then analyze the discrepancies to identify patterns or errors. Collaborating with the relevant teams to clarify any inconsistencies ensures accurate resolutions and confidence in the final data.

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What role does technology play in your accounting processes?

Technology is integral to modern accounting processes. I leverage accounting software for automation, data analysis, and forecasting, which enhances accuracy and efficiency. Keeping abreast of technology trends allows my team to adopt innovative tools and practices, driving improvements in our financial functions.

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How do you approach process improvement within your accounting functions?

My approach to process improvement involves continuous evaluation of current practices. I solicit feedback from the team, analyze performance metrics, and identify bottlenecks. Implementing new tools and methodologies while documenting best practices ensures ongoing enhancement of our accounting functions.

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Full-time, on-site
DATE POSTED
January 1, 2025

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