Accountant (Norwalk, US)

The US spends $160 Billion per year on highways. Every new car model costs at least $1 Billion to develop. Yet cars spend only 5% of their time driving. Where do these cars spend the other 95%? PARKED!

LAZ Parking is one of the largest operators in the growing multi-billion dollar US parking industry. Founded in 1981, LAZ operates hundreds of thousands of parking spaces from offices all across the country. When it comes to parking, we’re the experts!

Most importantly, LAZ is a PEOPLE FIRST company with a mission to “create opportunities for our employees and value for our clients”. If you’re looking to join a growing company led by passionate people committed to being the best, contact us today!

The Spirit of the Position:

LAZ’s continued growth has created an opportunity in the Client Reporting Services department for a talented Staff Accountant with public and/or private accounting experience to join our professional team. The ideal candidate will be responsible for all aspects of monthly accounting and reporting for portfolio of parking locations.

Accurately reconcile and journalize accounting entries for monthly client activity, including revenues, costs/expenses, and financial activity. Timely report the summarized monthly activity and results in the form of financial statements and related schedules as part of a complete monthly financial report package. Communicate and interact with regional and facility personnel working in the field.

This position is located in Norwalk, CT.

RESPONSIBILITIES:

• Monthly accounting and reporting for a portfolio of managed locations
• Perform required month-end close activities for each location, including accurate preparation and recording of all journal entries.
• Reconcile and record activity from daily cash reports, credit card activity reports, and bank statements.
• Reconcile all location Balance Sheets and related asset, liability and equity accounts. Prepare analysis and lead sheets, when appropriate.
• Compile and prepare comprehensive monthly financial report packages and submit timely to the field for review and approval.
• Meet monthly financial report submission deadlines to GM and client in line with management agreement and client expectations.
• Calculate, prepare, and file all applicable tax returns, including property, parking, and sales and use taxes.
• Prepare and process funding and wiring requirements, including distributions, taxes, and intercompany settlements.
• Review and code expenses appropriately
• Communicate and interact with regional and facility personnel working in the field.

EDUCATION:

• BA/BS Degree in Accounting
• Experience and proven ability in demonstrating analytical, organizational, and time management skills.
• Ability to work independently, be a self-starter, and effectively interface and communicate both through written and verbal means.
• Excellent computer skills, including high and proven proficiency in Microsoft Office Suite (Excel, Word, Adobe, and Outlook).
• 7+ years of experience in General Accounting or Finance with application of GAAP.
• Experience with multiple location responsibilities and meeting reporting deadlines is required.
• Commercial Property Management accounting and client financial reporting experience a plus.

FLSA STATUS: EXEMPT

To be hired, all candidates must pass a background check and pre-employment drug screen.

LAZ Parking is an equal opportunity employer. In all our employment practices, including hiring, we are firmly committed to equal opportunity without regard to race, religion, color, sex, age, national origin, citizenship, disability or any other basis of discrimination prohibited by applicable local, state, or federal law. No question in our application process is used for the process of limiting or excluding any applicant's consideration for employment on such grounds.

This employer participates in E-Verify.

Client Reporting Services:

The Client Reporting Services (CRS) team is a critical component of our commercial delivery and success for all managed clients at LAZ Parking. The department is comprised of over 30 highly qualified accountants who specialize in client services and providing monthly financial reporting for over 1,300 locations and 850 clients. All team members pride themselves on completing reports in a timely, accurate, and complete manner in accordance with GAAP or Cash Basis of accounting consistent with underlying management agreement terms and client expectations.

In completing the monthly accounting procedures, the CRS team utilizes best practices, controls, and procedures to ensure that client revenues are tracked, reported, and reconciled accurately. The team members also utilize a comprehensive mix of enterprise and custom open source applications, including Epicor, Doc-Link, IntegraPark - Paris/Rome, as well as a custom developed web-based Daily Cash Reporting (WebDCR). Monthly accounting transactions from all transactional sources, including banking and financial institutions are integrated, matched, and reconciled using T-Recs Enterprise total reconciliation solution. End user reports are generated using FRx or SQL Server Reporting Services (SSRS) and accessible by clients through a private and secure web online portal.

Although the department has standardized client reporting, there is flexibility to offer financial reports in formats that are tailored to each client in order to include all desired relevant financial and operational content. Clients are consulted prior to transition to develop the appropriate contents and information to provide each month. The accountants work closely with the field operations teams to develop any additional KPI’s and non-financial data that may be required to be included in the monthly report.

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