At L.L.Bean, we believe the outdoors brings out the best in all of us. We are committed to fostering a culture of belonging and creating safe, inclusive spaces where everyone feels welcome—both here and Outside. We value individual differences and are dedicated to maintaining an inclusive work environment where everyone can bring the best of their experience and talents and truly thrive.
L.L. Bean is currently searching for an Assistant Manager - Accounting to join the Finance team located in Freeport, Maine.This is a hybrid schedule role, based at the corporate headquarters in Freeport, Maine.
Position Purpose: In this critical position this person will supervise assigned accounting personnel. Coordinate and administer financial reporting, analysis, and management reporting activities. Assist in the review of financial results with senior management, helping to identify strategies necessary to meet financial goals.
Responsibilities
Oversee Accounting functions, including:
Revenue, loyalty programs, and right to return accounting (ASC 606)
Lease accounting (ASC 842)
Fixed asset and prepaid asset accounting (ASC 350/805)
Inventory Accounting, CoGS, and related expense (ASC 330)
Expense accruals
Research technical accounting issues and ability to apply
Support the financial reporting process:
Assist in the monthly, tax, and year end closing processes
Communicate timelines to ensure expectations are clear, and follow up as necessary
Assist in the preparation of company financial statements in accordance with US GAAP – balance sheet, income statement, and statement of cash flows
Review and evaluate current accounting policies and procedures and offer suggestions for improvement
Work with senior management to review monthly and year-end financial statements
Ensure the quality and integrity of data, data usage and analyses
Assist in reporting requirements related to year-end audits and tax close
Review work of others for completeness and accuracy in accordance with internal policies and US GAAP
Support the year-end financial statement audit with audit firm. Work with auditors to address issues as they arise.
Update and improve existing reports to provide maximum usefulness and accuracy of data
Define and recommend controls to ensure the quality and integrity of data and reporting
Represent Finance on project teams as necessary
Lead projects implementing new accounting standards, and others as requested
Other duties as assigned where accounting expertise is needed to support the business
Supervise accounting personnel:
Make employment decisions/recommendations.
Establish performance objectives, assign, and direct work, monitor work, and appraise performance.
Coach and develop employees in job related skills through work assignment, direct training, and regular feedback, both positive and negative.
Administer/recommend wages and salaries.
Resolve routine personnel problems following company policies and procedures.
Assist employees in identifying personal development needs and assessing available resources.
Communicate company policies and procedures.
Monitor and adjust staffing levels to meet work requirements.
Prepare, maintain, and update personnel records.
Reduce work related injuries and illnesses and associated lost work time.
Health and Safety Requirement
Every employee is responsible for contributing to a safe and healthy workplace. Employees are expected to be active participants in health and safety by following all safety policies and procedures, reporting unsafe conditions or at-risk behaviors to leadership, and conducting work in a safe manner. Those in a leadership role are also expected to model safe behaviors, evaluate risk, and ensure that risks are reduced to acceptable levels.
Education: 4-Year Bachelor’s degree
Experience: 5-7 Years
Skills and Qualifications
BA/BS in Accounting (any business degree with CPA)
CPA or equivalent designation (Chartered Accountant) is required
Stro
SAP experience is a plus
Self-directed and innovative
Strong written and verbal communication skills
Strong analytical and critical thinking skills
Strong leadership skills/ability to lead a high performing team
Strong prioritization skills
Ability to collaborate with multiple finance and non-finance personnel
If you care about the outdoors, joining L.L.Bean is a great way to feel good about what you do. Our benefits package makes a good thing even better, with programs and perks designed to support your health and financial goals. Plus, maintaining a healthy work-life balance and re-charging outside are all part of the plan.
If your experience looks a little different from what we've identified and you think you'd be great at this role, we'd love to learn more about you! At L.L.Bean, we believe the outdoors brings out the best in all of us. We strive to reflect this every day in our commitments to employees and partners and in our efforts to promote belonging.