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Les Olson IT

Staff Accountant

Financial AccountingPosted on Nov 10
Full-timeSouth Salt Lake, UT, USANo salary listedIn-person

About the Job

Requirements

  • A bachelor's degree in Accounting, Finance, or a related field is required.
  • Two or more years of accounting experience are preferred.
  • A strong understanding of accounting principles and financial reporting is required.
  • Advanced proficiency in Microsoft Excel is required.
  • Strong attention to detail and organizational skills are required.
  • Ability to manage multiple priorities and meet deadlines is required.
  • Excellent analytical and problem-solving abilities are required.

Responsibilities

  • Assist in preparing schedules, reports, and supporting documentation for external audits, reviews, and other financial reporting requirements while meeting assigned deadlines.
  • Maintain an understanding of accounting operations across Les Olson Company, Revco Leasing Company, L&R Investment, L&R Investment 3, and the Les Olson Company Profit Sharing Plan.
  • Establish and maintain internal controls and accounting procedures that promote accuracy, compliance, and operational efficiency.
  • Ensure financial records and statements comply with Generally Accepted Accounting Principles (GAAP).
  • Protect confidential company and employee information.
  • Identify opportunities to improve accounting processes, workflows, and software utilization to increase efficiency and scalability.
  • Support organizational goals related to productivity, cost control, fraud prevention, compliance, and financial accuracy.
  • Continue professional development through training, educational opportunities, and industry resources.
  • Perform other duties and special projects as assigned by management.
  • Manage daily treasury activities as needed, including Positive Pay approvals, Automated Clearing House (ACH) processing, wire transfer requests, and cash management and monitoring.
  • Prepare and reconcile balance sheet and general ledger accounts, including accounts receivable, accounts payable, inventory, prepaid expenses, deferred income, clearing accounts, intercompany notes receivable/payable, intercompany balance sheet accounts, and other assigned accounts.
  • Investigate and resolve reconciliation discrepancies.
  • Maintain a thorough understanding of underlying general ledger activity.
  • Support the monthly financial close process and related reporting requirements.
  • Track, analyze, and adjust monthly used inventory balances.
  • Manage and maintain fixed asset records for Les Olson Company and L&R Investment 3.
  • Record asset acquisitions, disposals, depreciation, and transfers.
  • Ensure fixed asset schedules remain accurate and current.
  • Prepare and process monthly management fee allocations.
  • Process monthly intercompany cash transfers between affiliated entities.
  • Reconcile intercompany balances and ensure transactions are properly recorded.
  • Maintain current lease schedules and billing related to L&R Investment 3 capital investments charged to Les Olson Company.

Desired Qualifications

  • Experience with ERP/accounting systems.
  • Experience with audit preparation and account reconciliations.
  • Knowledge of intercompany accounting, fixed assets, and treasury management functions.

About the Company

Company size
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Total funding
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