Director of Accounting
Company Background
Future Energy, founded in 2011, provides innovative technology solutions to businesses across various industries in the U.S. and Canada, including healthcare, hospitality and automotive. We help clients design integrated technology systems that enhance operations, customer experiences, and profitability. By centralizing system data and controls, we empower clients to make informed business decisions and achieve new levels of success.
Position Summary
The Director of Accounting oversees the accounting department and ensures the accurate and timely reporting of financial information. This role involves managing accounting operations, implementing financial controls, and ensuring compliance with accounting standards and regulations. This role collaborates with other departments and senior management to support strategic financial decision-making and drive organizational financial health.
Purpose
The purpose of this role is to establish and maintain the accounting principles and practices, as well as prepare the financial statements and other reports to reflect the financial results and financial position of the company.
Job Responsibilities
Responsibility #1 – Compliance and Controls
- Leads and manages all aspects of accounting operations, including accounts payable, accounts receivable, general ledger, and commissions.
- Develops and implements accounting policies and procedures to ensure compliance with internal controls and regulatory requirements.
- Monitors and ensures compliance with federal, state, and local tax laws and regulations.
- Oversees internal accounting and works with external accountants to facilitate annual reports and address any findings.
Responsibility #2 – Financial Reporting
- Oversees the preparation and accuracy of financial statements, ensuring compliance with accounting standards (GAAP or IFRS) and regulatory requirements.
- Prepares and reviews monthly, quarterly, and annual financial reports for internal and external stakeholders.
- Ensures compliance with reporting requirements and deadlines.
- Provides detailed financial analysis and insights to support strategic decision-making.
Responsibility #3 – Team Leadership
- Manages, mentors, and develops accounting team, including recruiting, training, and evaluating performance.
- Fosters a positive and productive work environment, encouraging collaboration and professional growth.
- Monitors and analyzes financial performance, identifying trends, variances, and areas for improvement
- Manages departmental budget and resources effectively
- Sets goals and objectives for the accounting department, aligning them with organizational goals.
Responsibility #4 – Financial Analysis and Planning
- Analyzes financial performance, identifies trends, and provides insights to senior management.
- Assists in budgeting and forecasting processes, providing accurate financial projections and variance analysis.
- Supports strategic initiatives with detailed financial analysis and recommendations.
- Ensures timely and accurate reconciliation of accounts and resolution of discrepancies.
Responsibility #5 – Systems and Process Improvement
- Develops and implements efficient accounting processes and controls to enhance operational efficiency and accuracy.
- Along with support staff, develops and implements procedures to pay commissions to company sales representatives in accordance with properly approved compensation arrangements.
- Continuously assesses and enhances accounting processes for efficiency and accuracy.
- Oversees the implementation and maintenance of accounting systems and software to support efficient operations.
- Ensures data integrity and security within financial systems.
- Performs additional duties as deemed appropriate by Management.
Measurements of Performance
- Meets or exceeds established Days to Receipt “EDI” ACH Payment and apply on open receivables and credits.
- Meets or exceeds established Days to Close Month-End.
- Meets or exceeds Days to Review and Remit Sales Tax Returns.
- Meets or exceeds Days to Completed Invoicing Tasks/Approving SO’s.
Position Requirements
- Bachelor’s degree in Accounting, Finance or a related field; Master’s degree or CPA preferred.
- 7 – 10 years of experience in accounting or finance, with at least 4 years in a management or leadership role; or equivalent combination of education and experience.
- SQL-based query tools such as MS Access (via ODBC), SQLPlusW, or TOAD, in addition to accounting and financial software such as Great Plains, Zoho, or NetSuite required.
- Understanding of generally accepted accounting principles and practices.
- Knowledge of regulatory reporting requirements and tax types: income, sales and use, excise, and Canada – US conversion.
- Proven experience managing accounting operations and engaging with stakeholders.
Skills and Education
- Proficient in Microsoft Office programs, social media, search engines and CRM.
- Strong interpersonal and communication skills (verbal, written, presentation, grammar, spelling, format) with a sensitivity to understand client needs.
- Organize, manage, and track multiple detailed tasks and assignments with frequently changing priorities and deadlines in a fast-paced work environment.
- Ability to work collaboratively with all levels of the organization and demonstrate a team-oriented work style.
- Excellent leadership and team management abilities.
- Strong analytical, organizational, and problem-solving skills.
- Establish and maintain effective working relationships across the organization.
Physical Requirements
- The functions of this role are typically completed in a professional office environment with low to moderate noise and occasional interruptions.
- This role routinely uses standard office equipment such as computers, phones, photocopies, filing cabinets and fax machines. While performing the duties of this job, the employee is regularly required to talk and/or hear.
- Reasonable accommodation may be made to enable individuals with disabilities to perform primary responsibilities.
