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Director of Finance

πŸ”₯ 6 minutes ago

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Logo of Qwoted

Qwoted

11 - 50 employees

πŸ“± Media

πŸͺ Marketplace

☁️ SaaS

πŸ’° $3M Seed Round - Qwoted on 2021-06

Media β€’ Marketplace β€’ SaaS

Qwoted is a software platform that connects journalists, newsrooms, PR and marketing professionals, product marketers, podcasters, and subject-matter experts to facilitate sourcing credible sources, quotes, and story opportunities. It provides an expert database, media request distribution, matchmaking tools, and managed services to help brands, small businesses, and experts get media coverage while helping reporters find vetted, media-ready sources quickly. Qwoted positions itself as a freemium/ SaaS marketplace that streamlines media outreach and expert discovery.

πŸ“‹ Description

β€’ Manage our finance and accounting function β€’ Maintain and update forecast documents daily, incorporating revenue and cost changes. β€’ Record journal entries for revenue and expense amortization. β€’ Track intercompany expenses and perform month-end reconciliations. β€’ Update budgets with actuals at month-end and share reports with management. β€’ Assist with creating financial models, break even analysis, and investor reporting β€’ Keep the Salaries and Benefits budget up to date as people changes are made β€’ Update the budget for all operational changes β€’ Maintain budget and reconciliation processes for each business vertical β€’ Perform monthly bank account reconciliations as part of the company's core bookkeeping cycle, recording entries in QuickBooks to ensure accurate financial statements. β€’ Manage banking relationships (Chase). β€’ Provide month-end bank balance reports to management β€’ 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. β€’ Monitor aging receivables and manage collections communications on at least a bi-weekly basis. β€’ Financial reporting, analyzing, and adjustments (statement requests, internal reporting, amortization of sales as needed) β€’ Bank account and credit card reconciliation β€’ Manage the full-cycle of vendor payments, including W-9 collection and proper expense allocation. β€’ Expense management (AMEX credit card statements, distribute for reconciliation, categorize expenses, and follow up with cardholders (as needed)). β€’ Coordinate and process freelancer wire payments, vendor fee categorization, and QuickBooks record-keeping. β€’ Prepare and distribute annual 1099’s for vendors and freelancers β€’ Collect and maintain W’9’s and tax filing information for payees β€’ Calculate and report monthly commissions due to employees. β€’ Communicate commission reports to recipients.

🎯 Requirements

β€’ 5+ years of experience in Accounting & Finance β€’ Proficiency in QuickBooks, Excel/Google Sheets, Bill.com, and Ramp. β€’ Experience with Stripe, Deel, and external procurement platforms (Ariba, Coupa, Oracle). β€’ Solid understanding of accrual accounting, balance sheet reconciliation, and financial statement preparation. β€’ Degree in Accounting, Finance or Economics (or related field) β€’ Advanced knowledge of 1099 compliance and IRS regulations. β€’ Strong analytical skills with the ability to identify discrepancies and implement solutions. β€’ Excellent communication and organizational skills. β€’ Ability to manage multiple tasks and prioritize deadlines in a fast-paced environment.

πŸ–οΈ Benefits

β€’ health insurance β€’ retirement plans β€’ paid time off β€’ flexible work arrangements β€’ professional development

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