Posted 1mo ago

General Accounting Manager

@ Ocean Mist Farms
Castroville, California, United States
$88k-$109k/yrOnsiteFull Time
Responsibilities:lease accounting, related party, debt transactions
Requirements Summary:Bachelor’s degree in accounting; 7-10 years in accounting; proficient in accounting software and collaboration across levels.
Technical Tools Mentioned:Famous, Trullion, Microsoft Word, Microsoft Excel
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Job Description

The General Accounting Manager will be responsible for the management of higher-level general accounting activities such as financial statement preparation including notes and staying up to date with new standards and updates. The Manager is expected to have a significant role in the upcoming ERP consolidation project.

Essential Duties and Responsibilities

Lease Accounting

  • Ensure Compliance with ASC 842 by managing the company’s lease accounting process, including identification, classification, and accurate reporting of lease agreements
  • Maintain lease schedules, and ensure timely recognition of right-to-use assets and lease liabilities in accordance with ASC 842 guidelines

Related Party Transactions

  • Prepare notes for related party transactions

Debt & Financing Transactions

  • Prepare entries for finance transactions such as interest rate swaps
  • Bank compliance certificate support and completion
  • Support for borrow base schedule

Property leases

  • Maintain schedules and prepare journal entries for property leases and similar transactions

Cash and Treasury/Risk Management Support and Liaison

  • Ensure Line of Credit and other debt is accounted for properly
  • Provide cash forecasts as needed

Internal and external support

  • Liaison with the external auditors
  • Provide support regarding board presentations as requested.
  • Financial Statement preparation in compliance with auditing standards

Review and approve Journal Entries as assigned

Review and reconciliation of Inter-company transactions

Support Deloitte Tax Team

Prepare and review local and state tax returns

Support the consolidation of seven entities into a single Famous instance without the need for reconciling differences

Job Requirements and Qualifications

  • Bachelor’s degree in accounting or equivalent
  • Minimum 7-10 years of experience in Accounting, Agricultural industry preferred
  • Proficient in Famous, Trullion (ASC 842), Word, Excel, and other computer software programs
  • Strong collaborator with ability to interact with all levels of staff in the organization
  • Strong verbal and written communication skills
  • Ability to multitask in a high volume, multi-deadline environment
  • Must exercise a high degree of initiative, judgment, discretion and decision-making