Team Lead - US Accounting Job Description Template
As the Team Lead - US Accounting, you will manage and guide the accounting team in handling all US financial transactions and reporting. Your primary focus will be on ensuring accuracy, timeliness, and compliance with US GAAP and other regulatory requirements. This position demands excellent leadership and communication skills to drive team performance and efficiency.
Responsibilities
- Oversee daily operations of the US accounting team.
- Ensure accurate and timely financial reporting in compliance with US GAAP.
- Review and prepare financial statements, including balance sheets, income statements, and cash flow statements.
- Manage monthly, quarterly, and annual closing processes.
- Develop and implement accounting policies, procedures, and controls.
- Collaborate with auditors during financial audits and reviews.
- Analyze financial data to identify and address discrepancies.
- Mentor and train junior accounting staff.
- Stay updated on changes in accounting standards and regulations.
Qualifications
- Bachelor's degree in Accounting, Finance, or a related field.
- CPA or equivalent certification is preferred.
- Minimum of 5 years of accounting experience, with a focus on US accounting standards.
- Proven experience in a leadership or supervisory role.
- Strong knowledge of US GAAP and other relevant accounting regulations.
- Excellent analytical and problem-solving skills.
- Strong communication and interpersonal skills.
- Attention to detail and high level of accuracy.
Skills
- US GAAP
- Financial Reporting
- Leadership
- Financial Statement Preparation
- Month-End Close
- Audit Coordination
- Analytical Skills
- Excel
- ERP Systems
Frequently Asked Questions
A Team Lead in US Accounting oversees accounting teams, ensuring compliance with US financial regulations and standards. They manage financial reporting, supervise accountants, and coordinate audits. They also implement accounting policies, analyze financial data, and provide strategic insights to improve efficiency and accuracy within the team.
To become a Team Lead in US Accounting, candidates typically need a bachelor's degree in accounting or finance, along with several years of experience in an accounting role. Professional certifications like CPA are beneficial. Leadership skills, experience in US GAAP, and proficiency in accounting software are also key. Progression often requires a mix of technical expertise and management experience.
The average salary for a Team Lead in US Accounting varies depending on location, industry, and company size. Typically, it falls within a competitive range for leadership roles in finance. Factors influencing salary include the candidate's level of experience, specific skill set, and any additional certifications such as CPA. Often, salaries are complemented by performance bonuses and benefits.
Qualifications for a Team Lead in US Accounting generally include a bachelor's degree in accounting, finance, or a related field. A certified public accountant (CPA) designation is frequently preferred. Candidates should have strong leadership skills, comprehensive knowledge of US GAAP, and experience in managing accounting processes. Additional qualifications may include proficiency in financial software and analytical skills.
A Team Lead in US Accounting requires leadership abilities, a solid understanding of US accounting standards, and the ability to manage multiple projects. They are responsible for team supervision, financial reporting, and audit coordination. Skills in data analysis, problem-solving, and communication are crucial. The role also demands proficiency in accounting software and a keen eye for process improvements.