Role Description
The General Ledger Manager is responsible for ensuring all general ledger and financial close activities are completed timely and accurately for the MNG properties managed in the Shared Services Center, as well as ensuring all payroll activity is recorded timely and accurately for MediaNews Group and Tribune Company. This position may also be responsible for tracking newsprint inventory and calculating expense.
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Supervise the General Ledger Team within the Shared Services Center to ensure all financial close activities are completed in a timely and accurate manner in accordance with GAAP.
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Review and post journal entries and review and approve payroll journal entries and reconciliations.
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For assigned properties, prepare monthly journal entries and supporting schedules, ensuring proper approvals have been received.
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Prepare documentation for journal entries in the following areas:
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Ad revenue
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Interactive revenue
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Circulation revenue
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Circulation expenses
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Advertising expenses
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Newsprint expenses
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Payroll expenses
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Benefits expenses
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Allocations
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Enter journal entries into Oracle.
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Obtain appropriate authorization from properties for journal entries requiring approval.
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Complete quarterly reporting requirements for Internal Control Questionnaires and Representation Letters.
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Participate in quarterly close calls and respond to PAR questions from the Corporate Accounting Team.
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Support the Senior Director of Accounting with special projects and reporting.
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Release P&L details to department heads at field locations.
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Respond to questions and inquiries from department heads, FP&A contacts, and publishers regarding financial results, and perform related research.
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Assist FP&A resources with variance analyses and Day 7 reports.
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Review account reconciliations.
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Perform newsprint analyst tasks: tracking inventory orders, receipts, and invoicing.
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Complete the inventory roll-forward to calculate newsprint expense and generate the related journal entry.
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Perform bad debt analysis and record bad debt expense.
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Provide customer service to key contacts at field locations and the corporate office.
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Identify areas for process improvement and increased efficiency.
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Hire, train, and manage the General Ledger Team.
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Actively participate in the future expansion of Shared Services.
Qualifications
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Knowledge of accounting processes and internal controls.
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Strong knowledge and application of GAAP.
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Experience executing the financial statement close.
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Ability to read and comprehend written instructions, correspondence, and financial documents.
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Strong written and verbal communication skills.
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Ability to present organized technical information via email to clients.
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Capable of solving practical problems and dealing with a variety of variables.
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High degree of self-initiative.
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Good interpersonal skills and the ability to remain calm under pressure.
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Strong attention to detail.
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Proven team collaboration skills.
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Demonstrated leadership and team development skills.
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Customer-focused approach.
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Ability to communicate technical problems to appropriate IT staff for troubleshooting and resolution.
Requirements
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The minimum education required is a bachelorβs degree in finance, accounting, economics, math, or related field of study; prefer a bachelorβs degree in accounting.
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Advanced Excel proficiency, including pivot tables, VLOOKUP/XLOOKUP, and the ability to build reconciliations and roll-forward schedules.
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Knowledge of automated accounting systems (Oracle system preferred) and business intelligence and reporting systems (EPM).
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5+ years of related General Ledger accounting experience required (5β7+ years preferred).
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2β3 years of supervisory experience required.
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8β10 years of overall business experience preferred.
Benefits
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The salary range is $80,000 - $85,000 + potential annual bonus (OTE $88,000 - $93,500).
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Pay is based on several factors including geographic location, education, work experience, time in role, certifications, etc.
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In addition to salary, the Company offers eligible employees a variety of benefits including:
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Medical, dental, life and disability insurance
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401k
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Paid time off and select paid holidays
Company Description
At MediaNews Group, our employees are our greatest asset. MediaNews Group (MNG) was established in 1985 and has over 4,000 employees nationwide including subsidiaries and other corporate affiliates. There are more than 100 different brands within our portfolio. In addition to our print products, we are a client-centric digital organization that brings scale, precision, and sophistication to digital marketing.