Senior Accountant

Full job description
About us

First Rate is a fast-growing, innovative financial technology, and service provider to the wealth management industry. With offices located around the world, we pride ourselves on cultivating new opportunities for team members to experience different cultures and workplaces/space. Headquartered in Arlington, Texas (yes we can see the Cowboys Stadium right across the highway), we employ more than 100 team members, and have been historically recognized as a top place to work.

THE ROLE

The Senior Accountant supports the administration, accounting and tax compliance function for First Rate, Inc. and related entities. The Senior Accountant will be responsible for financial statement preparation and consolidation, account analysis and reconciliations, cash flow analysis, budgets and forecasting, audit preparation, and internal control maintenance and regulatory reporting.

STRATEGIC WORK

1. Leveraging your U.S. GAAP technical accounting expertise and knowledge, lead the team in the production of timely monthly close for assigned areas, oversee day-to-day accounting activities and ensure compliance with internal controls, laws and regulations.

2. Partner with cross-functional teams and participate in the implementation of system enhancements and workflows.

3. Evaluate workflow processes and procedures to develop, recommend and implement procedural and system changes to increase accuracy and efficiencies.

TACTICAL WORK

1. Assist with the preparation and consolidation of financials for First Rate Inc. for internal and external reporting.

2. Reconcile balance sheet GL accounts and others as assigned.

3. Review journal entries from staff accountant as needed.

4. Serve as reviewer to staff accountant for some balance sheet reconciliations as needed.

5. Oversee the company’s lease accounting – ensure compliance with ASC 842.

6. Ensure timeliness and accuracy of billings. Assist with processing invoices if required.

7. Ensure the timely recording of accounts receivable receipts. Assist with processing as needed.

8. Calculate allowance for doubtful accounts consistent with the company’s policy.

9. Respond to questions from Managing Directors related to revenue recognition and other issues timely.

10. Maintain an understanding of the outstanding contracts and the various billing and revenue recognition of each agreement. Read more