Accounting General Manager

Japanese printing distribution and sales office in Newport News, VA seeks General Manager for Accounting and Finance department to responsible for overseeing and enhancing the financial and accounting operations of the Company. This role ensures compliance with legal and regulatory requirements, supports strategic decision-making, and contributes to the overall financial health and sustainability of the organization. The position serves as a key liaison between the Company’s leadership, shareholders, and public authorities.

Exempt position

9-5, M-F onsite.

$100-120K plus bonus and full benefits package

PRIMARY DUTIES AND RESPONSIBILITIES:

1.         Financial Management & Reporting

a)         Present the Company’s financial status to the President, Directors, and/or other managers when required by the President.

b)         Direct the financial affairs of the Company, including preparation of interim and annual financial statements, supporting schedules, and internal reports for management.

c)         Develop, analyze, and interpret financial data to assess profitability, budget performance, and overall fiscal health.

d)         Furnish internal and external financial reports for stakeholders, including the parent company, banks, external auditors and public authorities.

e)         Advise the President on financial improvements and implement approved actions.

f)          Keep the President and Directors informed of significant or hidden financial issues affecting Company objectives and propose solutions to such issues.

g)          Check inventory amounts to ensure that the amounts are reasonable and help the Company to reduce slow moving inventory if any by working with other departments.

h)         Ensure that the Company is not exposed to significant financial risks affecting the Company’s objectives.

i)           Review with other departments current schemes related to finance and accounting including a commission scheme for sales reps to meet the Company objectives.

2.         Accounting Operations

a)         Provide separate and/or consolidated financial statements including but not limited to income statement, balance sheet, and cash flow statement within 5 – 7 business days a month.

b)         Maintain accurate and transparent accounting records in compliance with applicable standards and legal requirements.

c)         Supervise general accounting, cost accounting, and reconciliation of accounts, ensuring

accuracy in recording transactions, assets, liabilities, and equity.

 d)        Audit accounts to ensure accurate book-keeping has been maintained and conduct such internal audit at least once a year or when questioned by other departments.

e)         Determine depreciation rates and advise on operational adjustments due to tax revisions.

f)          Review inventory values occasionally or when required to ensure the values reflect to the reasonable amounts.

g)          Coordinate and execute annual financial and tax audits with external audit firms. Attempt to receive a clean audit report by providing external auditors with necessary information on timely manner and to complete the report within the first three months of a year.

h)         Review and update the Transfer Pricing document once a year with external audit firms.

i)           Review and update the Standard Cost of the Company at least once a year by leading the other departments including Production.

3.         Budgeting & Forecasting

a)         Lead the preparation of budgets and financial forecasts to provide insights to the President.

b)         Establish and maintain planning and control procedures including cost accounting systems.

c)         Analyze and report to the President and Management variances between the Standard Cost and Actual Cost and propose measures to reduce Actual Cost.

d)         Support other departments in financial forecasting.

4.         Taxes

a)         Oversee tax planning and reporting to ensure accuracy and timeliness.

b)         Prepare for reports and documents required by external auditors and/or public authorities.

5.         Cash Flow & Investment Oversight

a)         Manage cash flow, banking relationships, rollover of loans from financial institutions and lines of credit.

b)         Evaluate investment opportunities and insurance coverage to support financial strategy and risk management.

c)         Review the current investments and advise the President of action to take in order to maximize financial outcome for the Company

d)         Accelerate cash receipts and control disbursements.

e)         Establish and update credit and Accounts Receivable collection procedures to minimize financial risks and maximize cash inflows.

 

6.         Department Leadership & Development

a)         Provide vision, leadership, and strategic direction for the Finance and Accounting Department.

b)         Supervise and evaluate department personnel, including Accounts Payable, Accounts Receivable, Purchase and Receptionist functions.

c)         Conduct performance appraisals and annual evaluations of department personnel.

d)         Facilitate department personnel development through training and education programs.

e)         Participate in continuing education annually to stay current with financial and accounting practices.

7.         Payroll & Executive Support

a)         Prepare and process payroll for Company executives and expatriates from Group subsidiaries on a bi-monthly basis.

8.         Systems & Process Improvement

a)         Lead initiatives to improve financial practices, operational efficiency, and departmental quality.

b)         Evaluate and implement computerized accounting systems and financial planning tools to enhance efficiency, productivity and accuracy of financial and accounting practices.

c)         Enhance the productivity of Finance and Accounting Department by setting measurable benchmarks and monitor them.

d)         Collaborate with other departments to resolve issues involving accounting systems and financial planning.

9.         Compliance & Governance

a)         Ensure compliance with Company policies and procedures and assist in policy/procedure development to improve compliance and governance of the Company from perspectives of finance and accounting.

b)         Ensure compliance with federal, state, and local tax regulations, including corporate, payroll, and other applicable taxes.

10.       Other Duties

a)         Demonstrate adaptability and openness to change in a dynamic business environment.

b)         Work additional hours as needed to meet business demands.

c)         Perform other duties as assigned by the President to prepare for financial presentations to other parties including the parent company, banks, and auditors and/or to enhance cost control and financial sustainability as well as support for acquisition and merger and/or investments by conducting necessary due diligence with external firms if needed.

QUALIFICATIONS:

1. Education

a. Bachelor’s degree in Accounting is required.

a)         Additional degree in Business Administration, Computer Science, Information Systems, or equivalent experience is preferred.

b)         License of Certified Public Accounting or alike is preferred.

2.         Experience

a)         Minimum of 7 years of progressive experience in finance and accounting within private industry.

b)         Demonstrated experience in leading cross-functional teams and managing projects from planning through implementation in financial and/or accounting filed.

3.         Technical Skills

a)         Strong mathematical and analytical abilities with a high level of accuracy and attention to detail.

b)         Proficiency in electronic data processing (EDP)-oriented accounting systems and financial software.

c)         Solid understanding of financial reporting, budgeting, and internal controls.

4.         Leadership & Project Management:

a)         Proven leadership skills with the ability to energize and guide multidisciplinary teams to meet business objectives.

b)         Strong project management capabilities, including planning, organizing, and executing complex initiatives involving internal and external stakeholders.

To apply, please email your resume to xjiang@pasona.com