Financial Accounting & Reporting Manager

Number of employees

70

Saint Paul, United States

Posted on: 2024-02-15

Category: carbon

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Employment type:

Full time

Experience required:

Intermediate

Salary

Salary not provided

About the company:

Loam works with 4.5 billion years of evolution to solve the climate crisis. Microbes have changed the composition of our atmosphere through earth’s history. At Loam, we are ensuring these organisms can do it again. Through a better understanding of how microbes influence the carbon cycle, we can create new planetary-scale opportunities for carbon sequestration and improve agricultural productivity.

About Loam:

At Loam, we have the earth in our hands. As a team of scientists, farmers, and entrepreneurs, we are on a mission to revolutionise agriculture and address climate change. Through our cutting-edge microbial technology, we are enhancing soil health, boosting crop yields, and sequestering carbon to create a sustainable future for farming. We are committed to empowering farmers and promoting regenerative practices that benefit both the environment and their bottom line.

As a fast-growing agricultural startup, Loam offers a dynamic and collaborative work environment where innovation and passion thrive. We embrace diversity and believe that our collective expertise and shared commitment can make a significant impact on the global agricultural landscape.

Join us on this exciting journey as we transform agriculture and build a sustainable future together.

About the Role:

As the Financial Accounting & Reporting Manager, your role will involve analyzing operational, commercial, strategic, and financial metrics to provide insightful analysis that drives management actions and initiatives, as well as supports the planning process for Loam Bio, LLC.

In this position, you will manage and mentor a direct report within the financial reporting domain, ensuring the quality of outputs including compliance with relevant statutory obligations and the timeliness of filings. Additionally, you will be responsible for performing financial analyses aligned with corporate goals and will serve as a trusted advisor to the supported unit.

Responsibilities:

  • Oversee the financial accounting function, ensuring timely and accurate recording of transactions in compliance with GAAP and regulatory requirements.
  • Prepare and review monthly, quarterly, and annual financial statements and reports.
  • Coordinate the year-end audit process, liaising with external auditors and providing all necessary documentation.
  • Drive process improvements in financial reporting and develop and maintain internal controls.
  • Manage the general ledger and perform account reconciliations.
  • Monitor and analyze financial data, identifying trends, variances, and areas for improvement.
  • Ensure compliance with tax regulations and manage tax reporting and filing.
  • Support the financial planning and analysis function by providing accurate and reliable financial data.
  • Collaborate with cross-functional teams to support strategic decision-making and provide financial insights.
  • Provide subject matter expertise to ensure compliance, accuracy and best practices are applied to the USA payroll function, along with ability to run (when needed) payroll.
  • Stay up-to-date with changes in accounting standards and regulations.

Requirements

  • Bachelor's degree in Accounting, Finance, or a related field; CPA qualification is preferred.
  • Experience in financial accounting and reporting, preferably in a lead or managerial role.
  • Thorough knowledge and use of GAAP and accounting principles.
  • Working experience using accounting software such as Xero
  • Experience in preparing and reviewing financial statements and reports.
  • Strong analytical and problem-solving skills, with a keen attention to detail.
  • Excellent communication and interpersonal skills, with the ability to effectively interact with stakeholders at all levels.
  • Experience with ERP systems and advanced proficiency in MS Excel.
  • Ability to prioritize and manage multiple tasks in a fast-paced environment.
  • High level of integrity and professionalism.
  • Knowledge of tax regulations and experience in tax reporting and compliance is a plus.
  • Experience running multi-state payroll or a desire to learn using Loam's system, Gusto.
  • Strong organizational and leadership skills.

Benefits

  • Competitive salary package
  • Rich benefit plan design consisting of low employee premiums for health, with the employer covering 100% of the premium for the employee (only) Dental and Vision, short and long term disability and we offer Flexible Spending Accounts for medical and dependent care 
  • Generous Paid Time Off; including your Birthday + 13 paid company holidays
  • 100% employer 401k match, up to 6%, fully vested on day one

Why You Should Join Us:

We're tackling some of the most challenging issues of our time, and we're doing it with a team that's passionate about making a difference. If you're looking for a role where you can use your skills to contribute to a mission that matters, we'd love to hear from you.

Loam Bio is proud to be an equal opportunity employer. We are committed to building a diverse and inclusive team. Loam Bio does not discriminate against applicant for employment because of race, creed, color, religion, age, sex, marital status, gender identity or expression, sexual orientation, national origin, disability, military status, status with regard to public assistance, familial status, local human rights commission activity, or any other basis in accordance with applicable law.

Important: Please note this role is not eligible for relocation assistance.

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