Lotus Interworks - Team Lead - Financial Analyst

Responsibilities

Financial Reporting & Analysis:

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

- Oversee the general ledger accounting process, ensuring accuracy and timely reconciliations.

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

Budgeting & Forecasting:

- Collaborate with department heads to develop annual budgets and financial forecasts.

- Monitor budget performance, analyze variances, and provide data-driven insights for informed 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 receivables and payables processes to optimize cash flow efficiency.

- Implement controls and procedures to mitigate risk and improve working capital management.

Compliance & Internal Controls:

- Ensure adherence to regulatory requirements and company policies, including tax filings, reporting standards, and audit procedures.

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

- Coordinate with external auditors and facilitate the resolution of audit findings.

Financial Analysis & Decision Support:

- Conduct in-depth financial analysis to support strategic initiatives, investment evaluations, and business planning.

- 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 & Development:

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

- Foster a collaborative and supportive environment for continuous learning and professional development.

- Partner effectively with cross-functional teams to align financial goals with overall business objectives.

Qualifications:

- Bachelor's/Master's degree in Accounting, Finance, or a related field (CPA certification preferred).

- Minimum of 5 years of experience in accounting and financial management roles.

- Strong understanding of American accounting standards (GAAP) and financial reporting principles.

- Excellent analytical and problem-solving skills with the ability to interpret financial data and translate it into strategic insights.

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

- Proven leadership qualities with experience in team management and development.

- Meticulous attention to detail and a commitment to accuracy and integrity in financial processes.

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