Accounting Coordinator

Accounting Coordinator

This position requires WORKING ONSITE AT OUT MINNEAPOLIS OFFICE FOR SEVERAL DAYS A WEEK.

At Coherent Solutions, our financial systems are the engine that enables us to power forward. We are searching for a qualified Accounting Coordinator. This position reports directly to the Controller and will primarily be responsible for daily posting and general ledger activities associated with cash receipts, bank reconciliations, prepaid expenses, accounts payable, payroll, benefits transactions, 401(k) remittances, and assisting with other financial reporting processes as needed. Additional activities will most certainly include assisting the Controller with FP&A template preparation, monthly country P&L variance analysis and other ad hoc activities.

To succeed as an accounting coordinator, you should possess a strong understanding of accounting principles and financial reporting. You must be ethical, thorough and attentive with excellent verbal and written communication skills.

This position is in our corporate headquarters in St. Louis Park, MN. where you will find direct access and communication with the CFO while enjoying the flexibility of engaging in activities from both an office and remote work environment.

Coherent Solutions is a digital product engineering company with development centers in eight European countries plus Mexico. The company provides full lifecycle development services, including web, cloud, mobile, data, DevOps, quality assurance, artificial intelligence, machine learning, and salesforce. 

We are excited to offer a dynamic career path in a global technology company with opportunities for growth and development. Our competitive salary package is complemented by a comprehensive benefits plan, including medical, dental, vision, and life insurance, as well as a 401(k) match. Starting January 1, we are thrilled to introduce unlimited Paid Time Off (PTO) to support your work-life balance.

Accounting Coordinator Responsibilities

• Post cash receipts daily
• Prepare periodic cash disbursements
• Remit semi-monthly payroll info to our PEO (Professional Employment Organization) for US employees (no involvement with payroll outside the US)
• Collaborate with internal departments and country managers to gather, analyze, and interpret relevant financial information
• Perform reconciliations of financial data to assure its accuracy and completeness
• Manage & align general ledger accounting practices to support budgeting and forecasting
• Enter financial data such as prepaids, accruals, deferrals, reclassifications, and interdepartmental entries into the ledger monthly, as well as preparing reports
• Perform account analysis to ensure journal entries and balances are correct
• Reconcile accounts with the general ledger
• Gather supporting documentation and performing recordkeeping
• Keeping abreast of regulatory requirements and best practices in accounting
• Manage US Accounts Payable
• Work closely and perform other duties or projects as assigned by CFO and/or Controller
• Assist and work with the HR Manager on various projects, including employee travel arrangements, event planning, contract management, and employee engagement initiatives. Assist with minor office tasks and supporting administrative functions when needed.
• Monitoring of daily banking activity and preparation of monthly bank account reconciliation
• Maintaining fixed asset records and depreciation
• Maintaining credit card expense activity as well as additional accrued expense schedules
• Assistance with year-end review and tax return preparation documents for outside accounting firm
• Demonstrate sound knowledge of best practices

Skills and Qualifications

• Bachelor’s degree in accounting
• 3+ years of corporate general ledger accounting or similar experience
• Strong Microsoft Excel/Office skills
• In-depth knowledge of accounting standards and regulations
• Exceptional attention to detail
• Superb time-management and organizational skills
• Excellent collaboration and communication skills
• Personal integrity: ability to keep customer and company confidence

Preferred Qualifications

• Extensive knowledge of GAAP (generally accepted accounting principles in the U.S.)
• Proficiency in Sage Intacct accounting software