The Cleveland Orchestra
The Cleveland Orchestra is seeking an
Asset Accounting Manager
to provide support and assistance in the daily operation of accounting processes as they relate to assets and related revenue accounts on the financial statements, including analysis, reconciliations, and preparation of journal entries, while ensuring compliance with accounting standards and company policies. Major duties will include monthly closing activities and analysis, various tax reporting, fixed assets, monthly/quarterly asset balance sheet reconciliations, and reviewing and reconciling payroll expenses. The Asset Accounting Manager will also manage the training and performance of the Finance Associate.
Position responsibilities include the following:
Daily/Biweekly: Payroll: Review bi-weekly payroll journal entries for the Orchestra and General Payrolls. Utilize detail tracking spreadsheets to reconcile the payroll activity to the general ledger as payrolls entries are posted. Payroll backup for seamless payroll processing during vacations, absences, etc. Supervision of daily cash flow and verification of daily deposits, withdrawals and wire transfers. Reviewing daily Tessitura reports for discrepancies prior to integration Monthly:
Reconciliation and analysis of the general ledger software against journal entries and original source documents to ensure accurate charges of receipts and accruals to all accounts; daily recording of Tessitura activity and bi-weekly recording of payroll. Pledges and Contributions: Responsible for monthly reconciliation of pledged contributions, contribution revenue, and restricted revenues with Tessitura reporting. Fixed Assets: Reconcile and maintain all fixed asset reports monthly. Reconcile the Venue’s Department tracking of state and gift funded capital asset reports monthly. Annually, prepare depreciation entries. Venues Activity: Review and maintain all Venues related activities, including store sales reporting/journal entries, sales tax preparation and remittance, event settlement and journal entry review. Banking and Cash Flow: Monitor daily cash flows and provide Controller and CFO recommendations. Assist with the preparation of the cash flow forecast to actual reporting. Prepare monthly bank reconciliations. Monthly Close: Timely prepare and/or review recurring, correcting, and reclass journal entries to assist with the monthly close process, which will aid in the accurate preparation of P&L reporting. General Accounts Receivable and Revenues: Oversee the analysis and reconciliation of accounts receivable/revenue (and expenses, as needed) from agreements with third parties and other revenue streams (i.e. agreements for Blossom). Tour Revenues/Receivables: Maintain a reconciliation and tracking schedule foreign, Miami residency and Carnegie tours. Assist with the related bills as needed. Other Transactions: Preparation of employee loans and endowment fund contributions on a daily/monthly/quarterly and year-end basis. Bi-monthly BWC payments and annual BWC true-up. Live Nation JE & Invoicing. BAC – Flex Save bank transfers. Final review and approval for Admissions Tax. Additional: Implement and maintain new quarterly or monthly reconciliations for cash clearing accounts. Annual:
Audit: Assist with the preparation of annual financial audit workpapers and support requested by our third-party audit firm as they relate to responsibility areas noted above. Develops, implements and maintains internal controls, policies and procedures. Delivers with timeliness, accuracy, completeness, and effectiveness, to the highest ethical standards, and in accordance with generally accepted accounting principles for non-profit entities and in accordance with the organization’s mission, values, and universal standards. The successful candidate will meet the following qualifications:
Bachelor’s degree in accounting required. Demonstrates experience in knowledge of accounting theory and practices for non-profits desirable. 5+ years of experience financial/ accounting experience required. At least 1 year of supervisory experience. Demonstrated superior proficiency with Office 365, particularly Excel, and Microsoft Dynamics GP. Strong interpersonal and communication skills. Outstanding organizational skills with exceptional attention to detail. Demonstrated independent, mature judgment. Ability to maintain a professional image and demeanor. Strong problem-solving skills combined with a collaborative approach. Ability to work independently and as a collaborative team member. Ability to successfully prioritize and manage multiple projects and deadlines. Ability to maintain confidentiality of information. We offer a competitive salary ($70,000-$85,000, depending upon experience), excellent medical and dental plan benefits, generous paid time off, 403(b) plan with employer match, complimentary concert tickets, and the opportunity to work with a world-renowned Orchestra. #J-18808-Ljbffr
Asset Accounting Manager
to provide support and assistance in the daily operation of accounting processes as they relate to assets and related revenue accounts on the financial statements, including analysis, reconciliations, and preparation of journal entries, while ensuring compliance with accounting standards and company policies. Major duties will include monthly closing activities and analysis, various tax reporting, fixed assets, monthly/quarterly asset balance sheet reconciliations, and reviewing and reconciling payroll expenses. The Asset Accounting Manager will also manage the training and performance of the Finance Associate.
Position responsibilities include the following:
Daily/Biweekly: Payroll: Review bi-weekly payroll journal entries for the Orchestra and General Payrolls. Utilize detail tracking spreadsheets to reconcile the payroll activity to the general ledger as payrolls entries are posted. Payroll backup for seamless payroll processing during vacations, absences, etc. Supervision of daily cash flow and verification of daily deposits, withdrawals and wire transfers. Reviewing daily Tessitura reports for discrepancies prior to integration Monthly:
Reconciliation and analysis of the general ledger software against journal entries and original source documents to ensure accurate charges of receipts and accruals to all accounts; daily recording of Tessitura activity and bi-weekly recording of payroll. Pledges and Contributions: Responsible for monthly reconciliation of pledged contributions, contribution revenue, and restricted revenues with Tessitura reporting. Fixed Assets: Reconcile and maintain all fixed asset reports monthly. Reconcile the Venue’s Department tracking of state and gift funded capital asset reports monthly. Annually, prepare depreciation entries. Venues Activity: Review and maintain all Venues related activities, including store sales reporting/journal entries, sales tax preparation and remittance, event settlement and journal entry review. Banking and Cash Flow: Monitor daily cash flows and provide Controller and CFO recommendations. Assist with the preparation of the cash flow forecast to actual reporting. Prepare monthly bank reconciliations. Monthly Close: Timely prepare and/or review recurring, correcting, and reclass journal entries to assist with the monthly close process, which will aid in the accurate preparation of P&L reporting. General Accounts Receivable and Revenues: Oversee the analysis and reconciliation of accounts receivable/revenue (and expenses, as needed) from agreements with third parties and other revenue streams (i.e. agreements for Blossom). Tour Revenues/Receivables: Maintain a reconciliation and tracking schedule foreign, Miami residency and Carnegie tours. Assist with the related bills as needed. Other Transactions: Preparation of employee loans and endowment fund contributions on a daily/monthly/quarterly and year-end basis. Bi-monthly BWC payments and annual BWC true-up. Live Nation JE & Invoicing. BAC – Flex Save bank transfers. Final review and approval for Admissions Tax. Additional: Implement and maintain new quarterly or monthly reconciliations for cash clearing accounts. Annual:
Audit: Assist with the preparation of annual financial audit workpapers and support requested by our third-party audit firm as they relate to responsibility areas noted above. Develops, implements and maintains internal controls, policies and procedures. Delivers with timeliness, accuracy, completeness, and effectiveness, to the highest ethical standards, and in accordance with generally accepted accounting principles for non-profit entities and in accordance with the organization’s mission, values, and universal standards. The successful candidate will meet the following qualifications:
Bachelor’s degree in accounting required. Demonstrates experience in knowledge of accounting theory and practices for non-profits desirable. 5+ years of experience financial/ accounting experience required. At least 1 year of supervisory experience. Demonstrated superior proficiency with Office 365, particularly Excel, and Microsoft Dynamics GP. Strong interpersonal and communication skills. Outstanding organizational skills with exceptional attention to detail. Demonstrated independent, mature judgment. Ability to maintain a professional image and demeanor. Strong problem-solving skills combined with a collaborative approach. Ability to work independently and as a collaborative team member. Ability to successfully prioritize and manage multiple projects and deadlines. Ability to maintain confidentiality of information. We offer a competitive salary ($70,000-$85,000, depending upon experience), excellent medical and dental plan benefits, generous paid time off, 403(b) plan with employer match, complimentary concert tickets, and the opportunity to work with a world-renowned Orchestra. #J-18808-Ljbffr