Cash Flow Manager
About the role
The Cash Flow Manager supports consolidated cash flow and balance sheet financial reporting requirements by preparing and analyzing financial information and processes. This role involves managing month-end/quarter-end close for assigned balance sheet areas, reviewing journal entries, account analyses, and flux explanations, ensuring appropriate balance sheet classification, and overseeing specific accounts like unbilled A/R, contract assets, and deferred revenue.
Responsibilities
- Ensures the application of proper accounting policies and processes and leads the development of best practices for the balance sheet and cash flow
- Manages month-end/quarter-end close for assigned balance sheet areas
- Reviews journal entries, account analyses, and flux explanations
- Ensures appropriate balance sheet classification (current/noncurrent) and consistent accounting policies across entities/service lines
- Prepares/reviews cash flow statement support, including change-in-cash tie-outs and operating/investing/financing classification
- Tracks and documents non-cash activity impacting cash flow disclosures (e.g., lease activity, financing arrangements, accrual movements)
- Oversees and reconciles specific accounts such as unbilled A/R / contract assets, contract liabilities/deferred revenue, and WIP
- PARTNERS WITH BILLING AND REVENUE ACCOUNTING TO ENSURE ACCURATE CUT-OFF, COMPLETENESS OF UNBILLED POSITIONS, AND RESOLUTION OF RECONCILING ITEMS
- SUPPORTS ANALYSIS OF PRINCIPAL/EMPLOYEE ADVANCES, REIMBURSABLE COSTS, AND OTHER WORKING-CAPITAL ITEMS TIED TO ENGAGEMENTS
- REVIEW DOCUMENTATION FOR CLIENT TRUST ACCOUNTS, ESCROW BALANCES, RESTRICTED CASH, AND RELATED COMPLIANCE REQUIREMENTS
- ENSURES PROPER PRESENTATION AND DISCLOSURE CONSIDERATIONS FOR RESTRICTED CASH AND RELATED MOVEMENTS
- AIDES/MANAGES INTERCOMPANY ACCOUNTING, ELIMINATIONS SUPPORT, SETTLEMENTS, AND RECONCILIATIONS, INCLUDING CROSS-BORDER/CROSS-ENTITY CASH MOVEMENTS AS APPLICABLE
- REVIEWS COMPENSATION-RELATED ACCRUALS RELEVANT TO PROFESSIONAL SERVICES (E.G., BONUSES, INCENTIVE COMP, PAYROLL TAXES, STOCK-BASED COMPENSATION, ETC)
- COLLABORATES WITH OTHER MEMBERS OF THE TEAM TO IMPLEMENT PROPER INTERNAL CONTROLS (SPECIFICALLY FINANCIAL REPORTING AND CASH FLOW ANALYSIS)
- AIDES IN THE EXTERNAL AUDIT OF THE COMPANY’S FINANCIAL STATEMENTS
- STANDARDIZES AND IMPROVES RECONCILIATION TEMPLATES, ROLL FORWARDS, AND CLOSE CALENDARS; AND ASSIST WITH ROOT-CAUSE REMEDIATION
- COMMUNICATES CLEARLY WITH STAKEHOLDERS
- ELEVATES ISSUES WITH PROPOSED SOLUTIONS AND TIMELINE IMPACTS
- Maintains monthly balance sheet reconciliation package (with aging, cash flow matrix, reconciling item action plans)
- Maintains cash flow statement workpapers (change-in-cash tie-out, non-cash schedules, classification support)
- VERIFIES UNBILLED/CONTRACT ASSET AND DEFERRED REVENUE ANALYSES (AS APPLICABLE)
Qualifications
- Bachelor’s degree, required; with a focus in Accounting or Finance, preferred
- Master's degree in Accounting or Finance, preferred
- Eight (8) or more years of general accounting experience, required
- Experience working within the finance department in a large multi-national corporation, preferred
- Experience with foreign currency accounting, preferred
- Experience supervising employees, preferred
- CPA, preferred
Skills and Abilities
- Advanced in the use of Microsoft Office Suite, specifically Excel, required
- Prior experience using One Stream Financials and/or Oracle Cloud, preferred
- Superior verbal and written communication skills
- Capable of working and communicating effectively with professionals at all levels
- Able to work in a deadline-driven environment and handle multiple projects / tasks with an attention to detail
- Ability to successfully multi-task while working independently or within a group environment
- Superior customer service skills
- Maintains the highly confidential nature of information
Pay
National Range: $120,000 - $130,000
Maryland Range: $120,000 - $130,000
NYC/Long Island/Westchester Range: $120,000 - $130,000
Schedule
Not specified
Benefits
BDO Total Rewards that encompass so much more than traditional “benefits.” Click here to find out more!
All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status.
BDO USA, P.A. is an EO employer M/F/Veteran/Disability