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Director of Outsourced Accounting

Remote, Remote
FosterThomas, Inc. is a leading HR Management and Consulting firm. We are supporting a client, a boutique accounting and finance firm, with a mission to provide clients the highest level of customer service while employing our deep industry experience.  This position will have the main responsibility for the Outsourced Accounting function within the organization.  The purpose of the position is to help maintain the existing client base, and work to incorporate new growth into the practice while developing the staff that supports it. This is a remote position with flexible work hours, full benefits and work-life balance!

Essential Functions
  • Responsible for all aspects of the month end closing process including but not limited to account reconciliations and financial statement packages development.
  • Reviews and analyzes the monthly financial statements and determines reasons for monthly variance explanations.
  • Researches and prepares reports and graphics/charts as requested by the client or senior management.
  • In conjunction with senior management, assists in determining work assignments, priorities and performance expectations for staff.  Trains staff on software, procedures, and reporting as needed.
  • Provides guidance on proper accounting treatment.
  • Responsible for supporting and participating in client audits including development of auditor requested (PBC) items.
  • Provides additional services including budgeting, forecasting, cash flow analysis, and provisional rate development as needed.
  • Develops and maintains an understanding of each assigned client’s business and the accounting operations within them.
  • Oversees preparation of the clients’ year-end Form 1099 submissions.
  • Recommends, designs, and implements any necessary department controls and procedures.
  • Communicates and coordinates with clients to ensure that all work is completed timely, accurately, and as promised.

  • Requires strong supervisory, organizational, analytical, verbal, written and interpersonal communication skills.
  • Must be able to work with limited supervision and demonstrate the ability to manage and coach employees.
  • Executive level communication skills demonstrating the ability to extract relevant information from a large volume of data.
  • Bachelor’s degree in Accounting or degree in related field combined with relevant accounting experience.
  • CPA preferred
  • Minimum 7 years’ experience in the government contractor accounting field with at least 3 years as a manager
  • Proficiency in the use of automated accounting system software and spreadsheet applications. Working knowledge of Unanet, Acrobat Adobe and MICROSOFT Office Products
  • Strong understanding of Accounting Principles (GAAP) and government contracting regulations (FAR)
  • Advanced understanding of general and subsidiary ledgers and financial statements
  • Strong time management and organizational skills with ability to manage multiple initiatives, client requirements, and staffing needs and issues
  • Strong project management skills including development and monitoring of engagement budgets
  • Proactive, innovative, adheres to deadlines, responsive to client and management requirements
  • Exhibits utmost discretion, strong ethics, positive attitude, and calm demeanor under pressure
  • Ability to be flexible and work in a fast-paced environment

Physical Demands and Work Environment
  • Continuous standing, walking, and sitting throughout the day.
  • Some light lifting of up to 25 pounds may be required.
  • Continuous typing and viewing of a computer screen may be required.
  • Must be able to calmly and effectively work with high stress situations.

Reports to Managing Director
Disclaimer:  This job description should not be construed to imply that these requirements are the only duties, responsibilities, and qualifications for this job.  Incumbents may be required to follow any additional related instructions, acquire related job skills, and perform other related work as required.

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