Corporate Accounting Manager

Core Duties

• management of all revenue channels and cash operations
• overseeing account administration
• oversight of financial institution relationships including banks and merchant processors
• reviewing and reconciling point-of-sale (POS) transactions
• assisting the Cash Team Lead with the daily store deposit and reconciliation process
• forecasting and management of all cash operations
• managing corporate financial reports, including monthly consolidation and eliminations
• international accounting
• special projects as needed including cost-benefit analysis of services, implementation of new technology, and process improvement initiatives

Essential Duties and Responsibilities

• reconciling, recording, researching, monitoring, and analyzing both revenue and cash activity across the Steak ‘n Shake banking platform
• establishing and maintaining bank accounts and services according to Treasury Controls
• supporting Accounting and Operations with all things related to banking and armored carrier services
• establishing and maintaining strong partner relationships, both internal and external
• preparing a daily cash forecast plan and monitoring to that plan, which includes communicating across functional departments and providing updates as needed to CAO and CEO
• ensuring both legal and ethical compliance upholding a fiduciary duty to the organization and ensuring risk-management tactics are sufficient to ensure safeguarding and control of liquid assets
• preparing and calculating gift card breakage estimate
• overseeing and maintaining accounting records for international business in France, by working closely with international accounting firm and adjusting for any US GAAP differences, as well as managing fx translation and revaluation to USD
• core member of the day-to-day support team and financial close process, responsible for activities that include, but are not limited to:
• understanding banking hierarchy and managing cash transfers and sweeps
• overseeing monthly bank and merchant processor reconciliations for all corporate and store level accounts
• assisting Cash Accounting Team Lead with investigation of cash over and short issues, POS questions, and technical assistance with ERP and other IT related systems
• ensuring SOX compliance and providing support for internal and external audits
• thorough knowledge of journal entry preparation and account reconciliation
• understanding the banking and armored carrier industries as they relate to product offerings, services, and fees
• updating and maintaining Standard Operating Procedures in conjunction with Accounting and Internal Audit
• performing day-to-day cash activities as needed to support Cash Accounting Team Lead
• producing and analyzing bank reconciliation data and reports to resolve cash discrepancies, identify trends, and potential misappropriations
• working directly with leadership to resolve operational queries
• leading upcoming reconciliation software conversion for credit card and gift card reconciliation
• playing a role in the Company’s planned journey for software evolution, which includes incorporating AI into existing or new processes to gain efficiency and replace basic tasks with more insight and analysis to provide value beyond the core function of accounting
• identifying improvement opportunities across the Organization’s functions, determining alternative courses of actions with those function leaders and implementing process improvement
• continuous goal is to reduce “inefficiencies” in processes and identify cost and time savings
• assisting Controller and Principal Accounting Officer with requests or projects as needed by Finance, Accounting, and the Senior Leadership Team (SLT)
• performing ad-hoc reporting as needed

Position Requirements

• Bachelor’s degree in accounting, finance, or related field
• 5+ years of experience, preference in A/R, Revenue, Cash, Corporate Consolidations, or Treasury Management
• Either CPA, CMA, CFA, or CTP a plus
• Proficient with Microsoft applications, including Excel
• Adaptability and flexibility as priorities change and job responsibilities broaden with increased knowledge/experience
• Communicate effectively and efficiently
• Provide superior customer service
• Identify and solve problems/address issues quickly
• Strong analytical thinking
• Passionate about business and the industry
• Problem solver that addresses issues quickly