Senior Account Executive

Job description

A Senior Accountant Manager in e-commerce is responsible for overseeing all accounting functions within an online retail business, including managing financial reporting, ensuring compliance with regulations, analyzing sales data, monitoring cash flow, and collaborating with cross-functional teams to optimize financial performance, with a specific focus on the unique challenges of e-commerce operations like high transaction volumes and complex sales channels; key responsibilities include:

• Core Responsibilities:
• Financial Reporting and Analysis:
• Prepare accurate and timely financial statements (income statement, balance sheet, cash flow statement) for management review.
• Conduct in-depth financial analysis to identify trends, variances, and potential risks within sales, cost of goods sold, and operating expenses.

Develop insightful reports and dashboards to track key performance indicators (KPIs) related to e-commerce operations like conversion rates, average order value, and customer acquisition costs.

• Accounting Operations:
• Oversee the day-to-day accounting functions including journal entries, account reconciliations, and general ledger maintenance.
• Manage the accounts payable and receivable processes, ensuring timely payments and collections.
• Implement and maintain robust internal controls to safeguard assets and mitigate financial risks.
• E-commerce Specific Accounting:
• Monitor and reconcile transactions from multiple online sales channels (marketplace platforms, company website)
• Manage complex accounting issues related to shipping costs, returns, and promotional activities.
• Analyze customer data to identify trends and inform pricing strategies.
• Tax Compliance:
• Ensure accurate and timely filing of all relevant tax returns, including sales tax, income tax, and GST compliance.
• Stay updated on changing tax regulations and their impact on e-commerce operations.
• Team Leadership and Development:
• Lead and mentor a team of accountants, including performance reviews, training, and career development opportunities.
• Delegate tasks effectively and ensure efficient workflow within the accounting team.
• System Implementation and Optimization:
• Evaluate and implement new accounting software and systems to streamline processes and improve efficiency.
• Collaborate with IT teams to integrate e-commerce platforms with accounting systems.
• Required Skills and Qualifications:
• Bachelors degree in Accounting or Finance
• Certified Public Accountant (CPA) or equivalent professional certification preferred
• Minimum 5 years of experience in accounting, with significant experience in e-commerce operations
• Strong analytical skills and ability to interpret complex financial data
• Proficiency in accounting software and data analysis tools (e.g., Excel, ERP systems)
• Excellent communication and collaboration skills to work with cross-functional teams
• Understanding of online payment gateways, shipping logistics, and customer relationship management (CRM) systems

• Detail-oriented with a focus on accuracy and compliance