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Assistant Manager - Accounting

at L. L. Bean, Inc. in Freeport, Maine, United States

Job Description

We invite you to be part of our team of trailblazers dedicated to helping people discover and enjoy the outside. Come join us. Because on the inside we’re all outsiders. And if it’s outside, we’re all in.

L.L. Bean is currently searching for an Assistant Manager – Accounting to join the Finance team located in Freeport, Maine.

Position Purpose: In this important position this person will s upervise assigned accounting personnel. Coordinate and administer financial reporting, analysis and management reporting activities. Assist in the review of financial results with senior management, helping to identify strategies necessary to meet financial goals.

Responsibilities

+ Supervise accounting personnel:

+ Make employment decisions/recommendations.

+ Establish performance objectives, assign, and direct work, monitor work and appraise performance.

+ Coach and develop employees in job related skills through work assignment, direct training and regular feedback, both positive and negative.

+ Administer/recommend wages and salaries.

+ Resolve routine personnel problems following company policies and procedures.

+ Assist employees in identifying personal development needs and assessing available resources.

+ Communicate company policies and procedures.

+ Monitor and adjust staffing levels to meet work requirements.

+ Prepare, maintain and update personnel records.

+ Reduce work related injuries and illnesses and associated lost work time.

+ Oversee Accounting functions, including:

+ Revenue and right to return accounting (ASC 606)

+ Lease accounting (ASC 842)

+ Fixed asset and prepaid asset accounting (ASC 350/805)

+ Expense accruals

+ Duty reclamation and audit processing

+ Research technical accounting issues

+ Support the financial reporting process:

+ Assist in the monthly, tax, and year end closing process and supervise staff

+ Communicate timelines to ensure expectations are clear, and follow up as necessary

+ Assist in the preparation of company financial statements in accordance with US GAAP – balance sheet, income statement, and statement of cash flows

+ Review and evaluate current accounting procedures and offer suggestions for improvement

+ Work with senior management to review monthly and year-end financial statements

+ Ensure the quality and integrity of data, data usage and analyses

+ Assist in reporting requirements related to year-end audits and tax close

+ Review work of others for completeness and accuracy in accordance with internal policy and US GAAP

+ Support the year-end financial statement audit with audit firm. Work with auditors to address issues as they arise.

+ Update and improve existing reports to provide maximum usefulness and accuracy of data

+ Define and recommend controls to ensure the quality and integrity of data and reporting

+ Finance representation on project teams as necessary

+ Project lead for implementing new accounting standards

Health and Safety Requirement

Every employee is responsible for contributing to a safe and healthy workplace. Employees are expected to be active participants in health and safety by following all safety policies and procedures, reporting unsafe conditions or at-risk behaviors to leadership, and conducting work in a safe manner. Those in a leadership role are also expected to model safe behaviors, evaluate risk, and ensure that risks are reduced to acceptable levels.

Education: 4-Year Bachelors Degree

Experience: 5-7 Years

Skills and Qualifications

+ BA/BS in Accounting (any business degree with CPA)

+ CPA Required

+ Self-directed and innovative

+ Strong written and verbal communication skills

+ Strong analytical and critical thinking skills

+ Strong leadership skills

+ Strong prioritization skills

If you care about the outdoors, joining L.L.Bean is a great way to feel good about what you do. Our benefits package makes a good thing even better, with programs and perks designed to support your health and financial goals. Plus, maintaining a healthy work-life balance and re-charging outside are all part of the plan. Because, when it comes to the outside-we’re all in. Visit llbeancareers.com to learn more. Being outside brings out the best in us, no matter where we come from or what we believe. At L.L.Bean, we value individual differences and encourage our co-workers to be themselves – because the uniqueness of each individual makes L.L.Bean better. Over a century ago, company founder Leon Leonwood Bean set out to make a boot to keep hunters’ feet warm and dry. Today, we continue to follow the trail he blazed, adding new paths to help more people discover the outdoors, whether it’s the thrill of sea kayaking, the quiet of early morning fishing or the vigor of a challenging climb. Of course, we remain true to L.L.’s core values, and are committed to quality, service, and putting the outside, inside everything we make. So join us, adventure awaits…

Being outside brings out the best in us, no matter where we come from or what we believe. At L.L.Bean, we value individual differences and encourage our co-workers to be themselves – because the uniqueness of each individual makes L.L.Bean better.

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Job Posting: JC255200052

Posted On: Feb 11, 2024

Updated On: Mar 01, 2024

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