Director of Finance
Please mention DailyRemote when applying
AI Summary
Qwoted helps the media connect with subject matter experts and the PR & Communications professionals who represent them. Qwoted’s mission is to improve the quality of news by quickly connecting reporters with the right experts via a customized professional network.
We are seeking a highly organized and detail-oriented Director of Finance to manage our finance and accounting function. This is an individual contributor role, so you will be both operator and leader. This role requires strong analytical skills, a deep understanding of accounting systems, a love of process development, and the ability to manage multiple financial workflows efficiently.
This position includes but is not limited to:\n- Maintain and update forecast documents daily, incorporating revenue and cost changes.
- Record journal entries for revenue and expense amortization.
- Track intercompany expenses and perform month-end reconciliations.
- Update budgets with actuals at month-end and share reports with management.
- Assist with creating financial models, break even analysis, and investor reporting
- Keep the Salaries and Benefits budget up to date as people changes are made
- Update the budget for all operational changes
- Maintain budget and reconciliation processes for each business vertical
- Perform monthly bank account reconciliations as part of the company's core bookkeeping cycle, recording entries in QuickBooks to ensure accurate financial statements.
- Manage banking relationships (Chase).
- Provide month-end bank balance reports to management
- Own the full accounts receivable cycle, including creating invoices from SOWs, setting up recurring billing, and cross-referencing forecasts to ensure no invoicing is missed.
- Monitor aging receivables and manage collections communications on at least a bi-weekly basis.
- Financial reporting, analyzing, and adjustments (statement requests, internal reporting, amortization of sales as needed)
- Bank account and credit card reconciliation
- Manage the full-cycle of vendor payments, including W-9 collection and proper expense allocation.
- Expense management (AMEX credit card statements, distribute for reconciliation, categorize expenses, and follow up with cardholders (as needed)).
- Coordinate and process freelancer wire payments, vendor fee categorization, and QuickBooks record-keeping.
- Process and track all vendor payments through Deel and Bill.com.
- Maintain and update vendor records in QuickBooks, Deel, and Bill.com.
- Verify vendor bank details and onboard vendors to payment systems.
- Manage vendor contracts, task lists, workflows, and pricing negotiations.
- Prepare and distribute annual 1099’s for vendors and freelancers
- Collect and maintain W’9’s and tax filing information for payees
- Calculate and report monthly commissions due to employees.
- Communicate commission reports to recipients.
Qualified Candidates will have:
- 5+ years of experience in Accounting & Finance
- Proficiency in QuickBooks, Excel/Google Sheets, Bill.com, and Ramp.
- Experience with Stripe, Deel, and external procurement platforms (Ariba, Coupa, Oracle).
- Solid understanding of accrual accounting, balance sheet reconciliation, and financial statement preparation.
- Degree in Accounting, Finance or Economics (or related field)
- Advanced knowledge of 1099 compliance and IRS regulations.
- Strong analytical skills with the ability to identify discrepancies and implement solutions.
- Excellent communication and organizational skills.
- Ability to manage multiple tasks and prioritize deadlines in a fast-paced environment.
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Please apply if you're a great fit and you're interested in joining a collaborative and talented team doing very interesting things!
Qwoted is committed to providing jobs for all without discrimination based on race, color, religion, sexual orientation, gender identity, national origin, or veteran status.
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