Job description
Job Title: Accounting Specialist
Job Location: Vienna, VA - Hybrid
Duration: Contract
Job Description:
Responsibilities
• Perform accounting activities to include review and analysis of financial statements, ledgers, reconciliations, and associated accounts to ensure accurate application of industry standards.
• Perform monthly close activities to include reviewing and monitoring entries to the Trial Balance, Balance Sheet and Income Statement accounts and posting of adjustments.
• Perform account reconciliation, analytics and variance analysis, and provide sufficient supporting documentation.
• Apply broad knowledge of Generally Accepted Accounting Principles (GAAP) and Accounting Standard Codification (ASC) in the preparation of financial statements.
• Ensure compliance with GAAP and ASC by applying accounting standards in the preparation of NFCR financial statements.
• Identify simplifying assumptions and accounting methods and instances of incorrect application of GAAP/ASC; quantify the impact and recommend solutions.
• Conduct in-depth analysis to identify, isolate and resolve discrepancies, and contribute to quality control and process improvement.
• Investigate, resolve and /or escalate complex discrepancies, data entry errors and out of balance situations; prepare and present recommendations for immediate action or proposals for policy changes to prevent losses.
• Perform research to assist with responses to inquiries from internal /external auditors.
• Perform variance analysis and generate reports including associated justification.
• Apply broad and specialized knowledge of and experience with financial accounting and management, including a thorough understanding of techniques used in analyzing and reporting financial information.
• Perform other duties as assigned.
Qualifications
• Significant experience in public or private accounting applying complex accounting treatments and resolving complex accounting issues.
• Experience researching technical accounting issues and making recommendations for the application and implementation of accounting principles.
• Significant experience and proficiency with data querying, researching and reporting.
• Experience working on complex projects with cross-functional teams.
• Ability to present findings and conclusions clearly and concisely.
• Advanced knowledge of PC applications to include Microsoft Office, particularly Excel, Access and PowerPoint.
• Certified Public Accountant designation and five years of progressive and relevant experience.
• Advanced skill in handling multiple tasks simultaneously with a high degree of accuracy.
• Advanced analytical, organizational and problem-solving skills.
• Expert skill maintaining accuracy with attention to detail and meeting deadlines.
• Effective verbal and written communication skills.
• Demonstrated skill validating accuracy and applicability of underlying data.
• Demonstrated skill in presenting complex financial information clearly and concisely.
• Bachelor’s degree in Accounting, Finance or a related field or the equivalent combination of experience, education and training.
