What is a Accounting Closing Manager doing? Job description and responsibilities

What does a Accounting Closing Manager do?

As an Accounting Closing Manager, you will be responsible for leading a team of accounting professionals in the timely closing and reporting of financial results. You will manage the team's efforts to ensure the accuracy of financial statements and the integrity of accounting records. You will also coordinate with other departments throughout the organization, such as the Treasury and Tax departments, to ensure that all financial transactions are properly recorded. Additionally, you will be responsible for leading the effort to develop and implement process improvements in the accounting close process. The successful candidate will have a strong background in accounting and finance, excellent leadership and communication skills,

Responsibilities of Accounting Closing Manager

1. Monitor daily, weekly and monthly account closing activities.
2. Manage the team responsible for closing the accounts.
3. Reconcile general ledger accounts, resolve account discrepancies and document closing procedures.
4. Manage the monthly, quarterly and annual financial statement preparation process.
5. Prepare financial reports, such as balance sheets, income statements and cash flow statements.
6. Coordinate with external auditors and ensure compliance with accounting standards.
7. Monitor and analyze financial results and provide guidance on improving business performance.
8. Develop and implement internal controls to ensure accuracy and completeness of financial information.
9. Maintain accurate and up-to-date records of financial transactions.
10. Provide support to other departments and functions in the organization.