Accountant, CPA

System One - Vienna, VA

Full-time - Mid Level

Vienna, VA

Administrative and Support Services

About the position

ALTA IT Services is seeking an experienced Accountant to join our team on a contract basis. This hybrid position, based in Virginia, will involve a variety of accounting activities aimed at ensuring the accuracy and compliance of financial statements and related accounts. The successful candidate will perform detailed reviews and analyses of financial statements, ledgers, reconciliations, and associated accounts, applying industry standards to guarantee precise financial reporting. Monthly close activities will be a key responsibility, including the review and monitoring of entries to the Trial Balance, Balance Sheet, and Income Statement accounts, as well as posting necessary adjustments. In this role, you will conduct account reconciliations, analytics, and variance analysis, providing comprehensive supporting documentation. A strong understanding of Generally Accepted Accounting Principles (GAAP) and Accounting Standard Codification (ASC) is essential, as you will be responsible for ensuring compliance with these standards in the preparation of NFCR financial statements. You will also identify simplifying assumptions and accounting methods, addressing any incorrect applications of GAAP/ASC, quantifying their impact, and recommending effective solutions. The Accountant will engage in in-depth analysis to identify, isolate, and resolve discrepancies, contributing to quality control and process improvement initiatives. You will investigate and resolve complex discrepancies, data entry errors, and out-of-balance situations, preparing and presenting recommendations for immediate action or policy changes to prevent future losses. Additionally, you will perform research to assist with inquiries from internal and external auditors, conduct variance analysis, and generate reports with justifications. This position requires a broad and specialized knowledge of financial accounting and management, along with a thorough understanding of techniques used in analyzing and reporting financial information. Other duties may be assigned as necessary to support the team and the organization.

Responsibilities

• Perform accounting activities including review and analysis of financial statements, ledgers, reconciliations, and associated accounts.
• Conduct monthly close activities, reviewing and monitoring entries to the Trial Balance, Balance Sheet, and Income Statement accounts, and posting adjustments.
• Perform account reconciliation, analytics, and variance analysis, providing sufficient supporting documentation.
• Apply knowledge of GAAP and ASC in the preparation of financial statements.
• Ensure compliance with GAAP and ASC in the preparation of NFCR financial statements.
• Identify simplifying assumptions and accounting methods, and instances of incorrect application of GAAP/ASC; quantify the impact and recommend solutions.
• Conduct in-depth analysis to identify, isolate, and resolve discrepancies, contributing to quality control and process improvement.
• Investigate, resolve, and/or escalate complex discrepancies, data entry errors, and out-of-balance situations; prepare and present recommendations for immediate action or proposals for policy changes.
• Perform research to assist with responses to inquiries from internal/external auditors.
• Perform variance analysis and generate reports including associated justification.
• Apply specialized knowledge and experience with financial accounting and management, including techniques used in analyzing and reporting financial information.
• Perform other duties as assigned.

Requirements

• Significant experience in public or private accounting applying complex accounting treatments and resolving complex accounting issues.
• Experience researching technical accounting issues and making recommendations for the application and implementation of accounting principles.
• Significant experience and proficiency with data querying, researching, and reporting.
• Experience working on complex projects with cross-functional teams.
• Ability to present findings and conclusions clearly and concisely.
• Advanced knowledge of PC applications including Microsoft Office, particularly Excel, Access, and PowerPoint.
• Certified Public Accountant designation and five years of progressive and relevant experience.
• Advanced skill in handling multiple tasks simultaneously with a high degree of accuracy.
• Advanced analytical, organizational, and problem-solving skills.
• Expert skill maintaining accuracy with attention to detail and meeting deadlines.
• Effective verbal and written communication skills.
• Demonstrated skill validating accuracy and applicability of underlying data.
• Demonstrated skill in presenting complex financial information clearly and concisely.
• Bachelor's degree in Accounting, Finance, or a related field or the equivalent combination of experience, education, and training.

Benefits

• Health and welfare benefits coverage options including medical, dental, vision, spending accounts, life insurance, and voluntary plans.
• Participation in a 401(k) plan.