[Hiring] Accountant @Limitlessli

Role Description

The Accountant will manage day-to-day accounting operations and monthly financial reporting across multiple business entities. The role includes:

• Bookkeeping
• Accounts payable and receivable
• Payroll processing
• Intercompany accounting
• Reconciliations
• Month-end closing

The ideal candidate will ensure accurate financial records, timely reporting, and compliance with applicable US accounting and payroll requirements. This position is a remote position in the United States or Israel.

Key Responsibilities

• General Accounting and Bookkeeping
  • Manage day-to-day bookkeeping in QuickBooks Online (QBO), including bank feeds, transaction recording, and maintenance of vendor and client records.
  • Prepare journal entries, accruals, revenue allocations, and month-end adjustments.
  • Maintain accurate accounting records across multiple entities and ensure proper transaction classification and documentation.
• Accounts Payable and Vendor Management
  • Review and record vendor invoices, ensuring appropriate supporting documentation and approvals.
  • Monitor outstanding bills, resolve payment discrepancies, and process payments through Airwallex and other banking platforms.
  • Maintain vendor records and collect W-9 forms to support US 1099 reporting requirements.
• Client Invoicing and Accounts Receivable
  • Prepare and issue client invoices according to agreed billing schedules and maintain invoicing trackers.
  • Monitor outstanding receivables, follow up on overdue invoices, and coordinate collections.
  • Record revenue allocations, credits, and accrued receivables while resolving billing discrepancies.
• Payroll Administration
  • Process payroll through Fingercheck and ensure accurate recording of payroll transactions.
  • Reconcile payroll-related bank transactions, wages, and payroll tax withdrawals.
  • Maintain payroll records, distribute reports to relevant stakeholders, and support US payroll compliance.
• Intercompany Accounting and Allocations
  • Prepare monthly intercompany cost allocations and record expenses paid on behalf of related entities.
  • Reconcile intercompany balances, investigate discrepancies, and prepare intercompany invoices.
  • Monitor intercompany collections and ensure transactions are accurately recorded at month-end.
• Bank and Balance Sheet Reconciliations
  • Perform monthly reconciliations of bank accounts, credit cards, payment platforms, and balance sheet accounts.
  • Reconcile accounts maintained through Chase, Airwallex, Wise, Ayannah, and other financial institutions.
  • Investigate discrepancies and ensure timely resolution of outstanding reconciling items.
• Month-End Close and Financial Reporting
  • Coordinate month-end closing activities, ensuring transactions, adjustments, and reconciliations are completed on time.
  • Prepare monthly profit and loss statements, balance sheets, and supporting financial schedules.
  • Review reports prepared by the external bookkeeping partner, identify discrepancies, and coordinate corrections.
  • Prepare monthly sales commission calculations and update budgets to monitor financial performance.
  • Provide timely and accurate financial reports to management to support business decisions.

Qualifications

• Bachelor's degree in Accounting, Finance, Commerce, or a related field.
• Relevant experience in accounting or bookkeeping, preferably supporting US-based businesses.
• Hands-on experience with QuickBooks Online, bank reconciliations, accounts payable/receivable, and month-end closing.
• Familiarity with US payroll processing, W-9 documentation, and 1099 reporting requirements.
• Experience in multi-entity accounting and intercompany transactions is preferred.
• Proficiency in Microsoft Excel and familiarity with payroll and payment platforms such as Fingercheck, Airwallex, and Wise.
• Strong analytical skills, attention to detail, organizational abilities, and the ability to meet deadlines independently.
• Good communication skills, integrity, and a proactive approach to resolving accounting issues.

Requirements

• Essential tools: a reliable computer and noise-canceling headset, a second monitor for enhanced productivity, and a stable internet connection.
• A backup internet connection is required to ensure seamless work completion.

Benefits

• Flexibility and convenience of a remote working environment.
• Collaboration with an international team while contributing to a growing business.
• Experience the flexibility and productivity of a hybrid onsite and remote setup.