Financial Accounting Supervisor - M&A and Services

Be part of a growing, successful company in an exciting and challenging field. Border States is 100% employee-owned, which means you’re empowered to make decisions, find solutions and receive rewards for your hard work.
 
This position will be located in: Fargo , ND  

 

Job Summary

Supports the day-to-day operations of the accounting area including general ledger accounts and financial statements, financial statement preparation, and ensures accurate and timely monthly, quarterly and year-end closing processes. Leads the pre- and post-acquisition integration activities across multiple transactions for the Finance function.

Responsibilities

Essential functions

• Leads and develops senior and staff accountants.
• Conducts mid-year and annual performance reviews.
• Manages day-to-day operations of the accounting functions including all general ledger accounts and financial statements.
• Reviews associated journal entries and reconciliations.
• Accounts for timely and accurate financial statement preparation and works directly with finance teams and other business partners.
• Maintains effective working relationships with customers, vendors, and others related to the company; promote and maintain the identity and reputation of Border States, ensuring customer satisfaction and addressing problems and complaints as they arise. 
• Ensures the collection and maintenance of accurate accounting information as requested in accordance with the requirements of the company’s information system. 
• Provides accurate, timely documentation of general ledger accounts and other information as requested.
• Ensures accurate and timely monthly, quarterly, and year-end close process and reporting. 
• Ensures all required functions are performed meeting the company’s high-quality standards and that all functions are staffed by qualified personnel.
• Supports due diligence on mergers, acquisitions, and integrations by driving the process related to accounting policies, closing practices, and controls.
• Post-closing the position will be a finance partner to the acquired business by understanding the monthly transactions, mapping the monthly trial balance to SAP, reviewing monthly closing schedules, and monitoring actual to budget variances.
• Leads the pre- and post-acquisition integration activities across multiple transactions for the Finance function through planning, prioritizing, organizing, and management of the integration to meet business objectives.
• Prepares purchase accounting and opening balance for each target.
• Assists in the definition of each acquisition’s net working capital calculation and prepares calculation at acquisition close.
• Assesses the Target for Compliance with US GAAP and ensures monthly adjustments are identified required for Compliance (ex: Revenue Recognition).
• Post-Closing - reviews monthly trial balances from acquired entity and consolidates into SAP, reviews monthly reporting packages, analyzes transaction detail from ERP system to ensure accurate classifications and reporting.
• Manages the monthly intercompany process including intergroup settlement and eliminations.
• Ensures services accounting processes and procedures are in compliance with US GAAP
• Coordinates the annual audit, asset-based loan, 401k audit, and ESOP.

Non-essential functions

• Leads and supports special projects.
• Assists in establishing and communicating company goals and requirements.
• Assists in the development and implementation of new procedures and features to enhance the workflow.
• Facilitates brainstorming & process improvement atmosphere.
• Collaborates with other corporate teams to improve processes and communication.
• Coordinates and leads team meetings and one-on-ones.
• Performs other duties as assigned by supervisor or designate.

Qualifications

• Four-year accounting, finance or business administration degree
• Seven+ years' of progressive accounting or equivalent related work experience
• Three+ years' experience with M&A transactions
• Public accounting experience preferred.
• Certified Public Accountant (CPA) or similar designation is required.

Skills and Abilities

• Excellent management and supervisory skills.
• Excellent written and verbal communication skills in English.
• Excellent organizational and time management skills.
• Understands accounting systems, processes and internal controls.
• Proficient in Microsoft Office Suite and SAP.
• Strong customer service skills include being competent, accurate, responsive and engaged.
• Ability to maintain confidentiality.
• Works with inte