Lotus Interworks - Financial Controller

Financial Controller

Key Responsibilities:

Financial Reporting:

- Prepare and analyze monthly, quarterly, and annual financial statements in accordance with GAAP.

- Oversee the general ledger accounting process, ensuring accurate recording of transactions and proper account reconciliations.

- Review and interpret financial data to provide insights and recommendations to senior management.

Budgeting and Forecasting:

- Develop annual budgets and financial forecasts in collaboration with department heads and senior management.

- Monitor budget performance, identify variances, and provide analysis to support decision-making.

- Implement strategies to optimize financial performance and achieve budgetary goals.

Cash Flow Management:

- Manage cash flow projections and ensure adequate liquidity to meet operational needs.

- Monitor accounts receivable and accounts payable processes to optimize cash flow efficiency.

- Implement controls and procedures to mitigate cash flow risks and improve working capital management.

Compliance and Internal Controls:

- Ensure compliance with regulatory requirements and company policies, including tax filings, financial reporting, and audit requirements.

- Develop and maintain internal controls to safeguard company assets and ensure the integrity of financial data.

- Coordinate external audits and facilitate the resolution of audit findings and recommendations.

Financial Analysis and Decision Support:

- Conduct financial analysis to support strategic decision-making, investment evaluations, and business initiatives.

- Provide financial insights and recommendations to senior management to drive profitability and growth.

- Identify opportunities for cost savings, process improvements, and revenue enhancement.

Team Leadership and Development:

- Supervise and mentor accounting staff, providing guidance, training, and performance feedback.

- Foster a culture of continuous learning and professional development within the finance team.

- Collaborate with cross-functional teams to ensure alignment and collaboration on financial objectives.

Qualifications:

- Bachelor's / Masters degree in accounting, finance, or a related field; CPA certification preferred.

- Minimum of 5 years of experience in accounting and financial management roles, with a focus on QuickBooks and bookkeeping.

- Thorough knowledge of American accounting standards (GAAP) and proficiency in financial reporting requirements.

- Strong analytical skills with the ability to interpret financial data and provide strategic insights.

- Excellent communication and interpersonal skills, with the ability to interact effectively with stakeholders at all levels.

- Proven leadership abilities with experience in managing and developing a team.

- Detail-oriented with a commitment to accuracy and integrity in financial reporting.

- Ability to thrive in a fast-paced environment and manage multiple priorities effectively.