Job Description
Job description
ACCOUNTING AND PAYROLL MANAGER
ABOUT THE OPPORTUNITY
The Accounting and Payroll Manager has a pivotal role within this organization. This position oversees and manages all financial activities and ensures the smooth operation of the accounting and payroll departments. It demands high integrity, professionalism, and competency, ensuring financial reporting is precise and compliant with regulatory standards.
KEY RESPONSIBILITIES TO ACHIEVE SUCCESS
The Key Accountabilities for the position include but are not limited to the following:
Leadership and Team Development
As a leader, you will foster a collaborative and innovative environment. Your role will include:
• Providing leadership and guidance that mirrors the organization’s core values.
• Creating a culture of teamwork, accountability, and innovation.
• Establishing a success-oriented, positive environment with a high level of integrity and professionalism.
• Overseeing, directing, and organizing the accounting and payroll teams.
• Promoting a high-performance culture and continuous improvement focused on client and customer service.
• Setting performance and development goals for staff, assigning accountabilities, setting objectives, and monitoring results.
• Mentoring and developing staff using a supportive and collaborative approach.
Financial Reporting and Analysis
You will be responsible for:
• Preparing and analyzing monthly, quarterly, and annual financial statements under GAAP.
• Providing insightful, helpful analysis and commentary on financial performance to senior management.
• Ensuring timely and accurate reporting to internal stakeholders and external parties.
• Assisting in the development of annual budgets and periodic forecasts.
• Monitoring performance against budget and forecast, identifying variances, and implementing corrective actions.
Internal Controls and Compliance
Your duties include:
• Developing and maintaining internal control procedures to safeguard company assets.
• Coordinating with external auditors for annual audits and regulatory compliance reviews.
• Overseeing accounts payable and accounts receivable functions, ensuring accurate and timely processing.
• Designing, implementing, and monitoring financial controls for compliance with laws, regulations, and GAAP.
• Managing vendor relationships and negotiating favorable terms and agreements.
Payroll Management
In this capacity, you will:
• Oversee the payroll department to ensure accurate and timely employee payroll processing, including tax withholdings and benefits deductions.
• Lead and mentor the accounting and payroll staff, fostering their professional growth.
• Promote a culture of collaboration, accountability, and continuous improvement within the team.
Special Projects and Strategic Initiatives
You will also:
• Lead or participate in ad-hoc projects to improve financial processes and reporting capabilities.
• Provide financial analysis and support for strategic decision-making to senior staff and owners.
• Manage multiple projects, prioritizing effectively.
• Oversee and coordinate the optimization of our outsourced functions effectively and efficiently.
REQUIREMENTS OF THE POSITION
• A bachelor’s degree in accounting, Finance, or a related field.
• A minimum of 8 years of progressive accounting experience, with at least 4 years in a supervisory role.
• A strong understanding of GAAP and financial reporting requirements.
• Advanced proficiency in business systems, accounting software and MS Office Suite.
• Sound judgement and superior analytical and problem-solving skills, with keen attention to detail.
• Effective oral and written communication skills with excellent interpersonal, relational, and coaching skills with the ability to interact with stakeholders at all levels.
• A track record of high achievement and driving results is required. Self-reliant and results-oriented.
• Client-focused with a high level of professionalism that thrives in a cross-functional team and matrixed environment.
• Proven leadership ability and experience in team management, developing others, and facilitating change.
• Energetic, collaborative, and proactive leader who can positively and productively impact both strategic and tactical accounting and payroll initiatives.
• Strong planning and change management skills with an ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.
WHY JOIN THIS ORGANIZATION?
This role offers an exciting opportunity to lead a dynamic team, significantly impacting the organization’s robust financial health and growth objectives. We encourage you to apply if you are a result driven and a detail-oriented professional passionate about financial management and team development.
COMPENSATION & BENEFITS
• The comprehensive benefits package for this position includes:
• Competitive salary based on experience: $120,000+
• Health, Dental, Vision Insurance
• Health Savings Account (HSA)
• Supplemental Insurance options
• 401k Retirement Plan
• Employee Assistance Program
• Paid Time Off (PTO) and paid holidays
• Employee Wellness and Early Out Schedules
THE SEARCH
Sagency, an executive search and leadership consulting firm, has been retained for this Accounting and Payroll Manager search.
Sagency consultants will review and evaluate all interested parties to help the hiring team review a final group for consideration.
The search will be conducted in a professional manner and all potential candidates will be given consideration. Candidate conversations and information will be handled with great discretion and confidentiality. Sagency and our client are equal opportunity employers.
If after reading this Opportunity Profile, you feel that your experience, skills, and passion are a good match for the organization and this role, we would like to engage with you. Please read below for the first part of the application and selection process.
The first five steps of the application and selection process:
Step 1: Interested candidates complete the online application.
• Upload your resume.
• The online application will be posted until the position is filled.
Step 2: A Sagency Executive Search Consultant may schedule an initial phone call with qualified applicants.
Step 3: A Sagency Executive Search Consultant will schedule a 60-minute interview with select candidates.
Step 4: If you are selected and choose to move on to interviews with our client, you will be asked to complete an online assessment.
Step 5: First-round interviews with the client.
Thank you for your time and your interest in this role.
ACCOUNTING AND PAYROLL MANAGER
ABOUT THE OPPORTUNITY
The Accounting and Payroll Manager has a pivotal role within this organization. This position oversees and manages all financial activities and ensures the smooth operation of the accounting and payroll departments. It demands high integrity, professionalism, and competency, ensuring financial reporting is precise and compliant with regulatory standards.
KEY RESPONSIBILITIES TO ACHIEVE SUCCESS
The Key Accountabilities for the position include but are not limited to the following:
Leadership and Team Development
As a leader, you will foster a collaborative and innovative environment. Your role will include:
• Providing leadership and guidance that mirrors the organization’s core values.
• Creating a culture of teamwork, accountability, and innovation.
• Establishing a success-oriented, positive environment with a high level of integrity and professionalism.
• Overseeing, directing, and organizing the accounting and payroll teams.
• Promoting a high-performance culture and continuous improvement focused on client and customer service.
• Setting performance and development goals for staff, assigning accountabilities, setting objectives, and monitoring results.
• Mentoring and developing staff using a supportive and collaborative approach.
Financial Reporting and Analysis
You will be responsible for:
• Preparing and analyzing monthly, quarterly, and annual financial statements under GAAP.
• Providing insightful, helpful analysis and commentary on financial performance to senior management.
• Ensuring timely and accurate reporting to internal stakeholders and external parties.
• Assisting in the development of annual budgets and periodic forecasts.
• Monitoring performance against budget and forecast, identifying variances, and implementing corrective actions.
Internal Controls and Compliance
Your duties include:
• Developing and maintaining internal control procedures to safeguard company assets.
• Coordinating with external auditors for annual audits and regulatory compliance reviews.
• Overseeing accounts payable and accounts receivable functions, ensuring accurate and timely processing.
• Designing, implementing, and monitoring financial controls for compliance with laws, regulations, and GAAP.
• Managing vendor relationships and negotiating favorable terms and agreements.
Payroll Management
In this capacity, you will:
• Oversee the payroll department to ensure accurate and timely employee payroll processing, including tax withholdings and benefits deductions.
• Lead and mentor the accounting and payroll staff, fostering their professional growth.
• Promote a culture of collaboration, accountability, and continuous improvement within the team.
Special Projects and Strategic Initiatives
You will also:
• Lead or participate in ad-hoc projects to improve financial processes and reporting capabilities.
• Provide financial analysis and support for strategic decision-making to senior staff and owners.
• Manage multiple projects, prioritizing effectively.
• Oversee and coordinate the optimization of our outsourced functions effectively and efficiently.
REQUIREMENTS OF THE POSITION
• A bachelor’s degree in accounting, Finance, or a related field.
• A minimum of 8 years of progressive accounting experience, with at least 4 years in a supervisory role.
• A strong understanding of GAAP and financial reporting requirements.
• Advanced proficiency in business systems, accounting software and MS Office Suite.
• Sound judgement and superior analytical and problem-solving skills, with keen attention to detail.
• Effective oral and written communication skills with excellent interpersonal, relational, and coaching skills with the ability to interact with stakeholders at all levels.
• A track record of high achievement and driving results is required. Self-reliant and results-oriented.
• Client-focused with a high level of professionalism that thrives in a cross-functional team and matrixed environment.
• Proven leadership ability and experience in team management, developing others, and facilitating change.
• Energetic, collaborative, and proactive leader who can positively and productively impact both strategic and tactical accounting and payroll initiatives.
• Strong planning and change management skills with an ability to thrive in a fast-paced, dynamic environment and manage multiple priorities effectively.
WHY JOIN THIS ORGANIZATION?
This role offers an exciting opportunity to lead a dynamic team, significantly impacting the organization’s robust financial health and growth objectives. We encourage you to apply if you are a result driven and a detail-oriented professional passionate about financial management and team development.
COMPENSATION & BENEFITS
• The comprehensive benefits package for this position includes:
• Competitive salary based on experience: $120,000+
• Health, Dental, Vision Insurance
• Health Savings Account (HSA)
• Supplemental Insurance options
• 401k Retirement Plan
• Employee Assistance Program
• Paid Time Off (PTO) and paid holidays
• Employee Wellness and Early Out Schedules
THE SEARCH
Sagency, an executive search and leadership consulting firm, has been retained for this Accounting and Payroll Manager search.
Sagency consultants will review and evaluate all interested parties to help the hiring team review a final group for consideration.
The search will be conducted in a professional manner and all potential candidates will be given consideration. Candidate conversations and information will be handled with great discretion and confidentiality. Sagency and our client are equal opportunity employers.
If after reading this Opportunity Profile, you feel that your experience, skills, and passion are a good match for the organization and this role, we would like to engage with you. Please read below for the first part of the application and selection process.
The first five steps of the application and selection process:
Step 1: Interested candidates complete the online application.
• Upload your resume.
• The online application will be posted until the position is filled.
Step 2: A Sagency Executive Search Consultant may schedule an initial phone call with qualified applicants.
Step 3: A Sagency Executive Search Consultant will schedule a 60-minute interview with select candidates.
Step 4: If you are selected and choose to move on to interviews with our client, you will be asked to complete an online assessment.
Step 5: First-round interviews with the client.
Thank you for your time and your interest in this role.
💡 Quick Summary
Seeking a career-building opportunity? The Accounting Payroll Manager position is now open for candidates interested in the Accountant Jobs sector. This role in Detroit Lakes offers a professional environment and growth potential.
Requirement Snapshot: Candidates should possess basic communication skills, a proactive attitude, and the ability to work in a team. Experience in Accountant Jobs is a plus.
