Senior Financial Accountant

1 month ago

Brisbane, Queensland, Australia Culture Kings Full time
Job Title: Senior Financial Accountant

Culture Kings is seeking a highly skilled Senior Financial Accountant to join our team. As a key member of our finance department, you will be responsible for overseeing monthly balance sheet reviews, managing royalty accounting, and preparing cash flow forecasts.

Key Responsibilities:
  • Perform in-depth monthly reviews of the balance sheet to ensure all accounts are reconciled, accurately reported, and in compliance with GAAP/IFRS.
  • Investigate and resolve any discrepancies or unusual account balances, ensuring appropriate adjustments are made.
  • Collaborate within the finance department to address and resolve accounting issues related to the balance sheet.
  • Manage and oversee the accurate calculation, recording, and reporting of royalties in line with contract agreements.
  • Maintain and reconcile royalty liabilities and ensure timely payments to partners, artists, or licensors.
  • Maintain and update royalty schedules, ensuring all royalty agreements are adhered to and properly reflected in the financial statements.
  • Liaise with contracts teams to understand royalty agreements and any changes impacting accounting treatment.
  • Maintain monthly cash flow forecasts to support liquidity management and planning.
  • Monitor actual cash flows against forecasts, analyse variances, and provide recommendations for improving cash flow management.
  • Prepare and assist in developing cash management strategies, including managing working capital and optimizing cash positions.
  • Month-end close processes, ensuring timely and accurate preparation of journal entries and account reconciliations.
  • Prepare financial reports related to balance sheets and royalties for management review.
  • Ensure compliance with applicable financial reporting standards (GAAP/IFRS) and internal accounting policies.
  • Assist during audits and responding to audit queries.
Requirements:
  • Bachelor's degree in Accounting, Finance, or a related field.
  • CPA, CMA, or equivalent certification preferred.
  • Minimum of 3-5 years of experience in financial accounting, with specific experience in balance sheet reviews.
  • Strong understanding of GAAP/IFRS accounting standards and proficiency in accounting software and Microsoft Excel.
  • Excellent analytical, problem-solving, and organizational skills.
  • Strong attention to detail and accuracy.
  • Excellent communication and interpersonal skills.
  • Ability to work independently and as part of a team.

Culture Kings is a dynamic and fashion-forward company that offers a unique work environment. If you are a motivated and experienced financial professional looking for a new challenge, we encourage you to apply for this exciting opportunity.

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