Accounting Team Lead
World Business Lenders · Remote
About World Business Lenders
- At World Business Lenders (WBL), we provide flexible, short-term commercial loans backed by real estate to help small and medium-sized businesses across the United States, particularly those facing difficulties with traditional financing.
- This is a Contract/Consultant role with working hours typically from 9:00 AM–6:00 PM Eastern Time, Monday through Friday.
- Applicants should have an excellent command of the English language, both spoken and written.
- We request that you submit your CV in English.
Overview
- We are looking for an Accounting Team Lead to join our Finance team. The role will manage the accrual side of accounting for key operations of the company, including loan-related income and expenses, in accordance with US GAAP.
- The Accounting Team Lead will contribute significantly to the company’s monthly and yearly financial reporting. The role requires experience with accounting for companies operating under US GAAP.
- The Accounting Team Lead will lead a team of analysts, ensuring their work is accurate and completed on time to meet the 10-business-day closing deadline. The role will also be responsible for determining the appropriate accounting treatment for new transactions and events as they arise.
Key Responsibilities
- Prepare FAS 91 working papers for deferred income and expense accounting.
- Reconcile loan collections with bank activity and post the respective accounting entries.
- Calculate asset resolution gains and losses.
- Account for interest expense and interest income.
- Account for prepaid expenses.
- Account for loan suspense adjustments and loan-related income and expenses.
- Prepare account reconciliations for balance sheet items.
- Lead the team of 2 Accounting Analysts and ensure their work is accurate and completed on time.
- Contribute to the company’s monthly and yearly financial reporting.
- Determine the appropriate accounting treatment for new transactions and events as they arise.
Typical Day-to-Day
A typical day or week in this role may include:
- Posting loan activity, including loan collections, debt payments, and interest payments.
- Reviewing the work of analysts on a weekly basis.
- Preparing weekly asset resolution gain/loss calculations and accounting for the related activity.
Requirements
Role Requirements
- Education
- Graduation/Post-Graduation in Accounting
- Intermediate Chartered Accountancy (Inter-CA)
- Experience
- 5–10 years of accounting experience
- Strong knowledge and practical experience applying US GAAP.
- Experience with financial reporting and accounting processes.
- Experience leading or supervising accounting team members.
- Work Requirements
- Must be available to work Monday–Friday, 9:00 AM–6:00 PM Eastern Time.
- Must have a stable internet connection and professional remote working setup.
- Resume/CV must be submitted in English.
Preferred Background / Industry Experience
- Banking
- Real Estate
- Service-based businesses located in the United States
Technical Skills
- US GAAP
- Sage 300
- LAPRO
- Advanced Excel
- Power BI
- Financial reporting
- Accounting ERP systems
Key Skills
- Clear and timely communication
- Accountability
- Leadership
- Teamwork
Tools and Systems
The role will regularly use:
- Sage 300
- LAPRO
Benefits
What We Offer
💰 Compensation in USD.
🏖️ Benefits include paid time off (PTO).
🌍 Work Environment: Fully remote work environment.
Ready to Apply?
If this sounds like you, we'd love to hear from you - submit your CV in English and hit Apply