Experience:
0-1 years of experience
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Employment Type:
Full time
Posted:
2/20/2019
Job Category:
Accounting
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Junior Accountant
LAZ Parking | Hartford, Connecticut
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Job Description

Want to hear something crazy? Cars only spend 5% of their time driving. Where do they spend the other 95%? PARKED!

LAZ Parking is one of the largest and fastest growing parking companies in the country. LAZ operates hundreds of thousands of parking spaces across the country. When it comes to parking, we're the experts!

We are also a PEOPLE FIRST company. We often say "parking is our industry but people are our passion." Our mission is to "create opportunities for our employees and value for our clients". If you're looking to join a growing company led by passionate people committed to being the best - contact us today!

The Spirit of the Position:

LAZ's continued growth has created an opportunity in the Client Reporting Services department for a talented Junior Regional Accountant to join our professional team. The ideal candidate will be responsible for a portfolio of managed clients, including certain aspects of monthly accounting and reporting for an assigned region comprised of 30+ parking locations.

Accurately reconcile and journalize accounting entries for monthly client activity, including revenues, costs/expenses, and financial activity. Timely report the summarized monthly activity and results in the form of financial statements and related schedules as part of a complete monthly financial report package. Communicate and interact with regional and facility personnel working in the field.

This position is at the Home Office located in Hartford, CT.

Responsibilities:

* Monthly accounting and reporting for a portfolio of individual managed locations within an assigned region
* Perform required month-end close activities for each location, including accurate preparation and recording of all journal entries.
* Reconcile and record activity from daily cash reports, credit card activity reports, and bank statements. Complete individual location bank reconciliations using auto matching application.
* Reconcile all location Balance Sheets and related asset, liability and equity accounts. Prepare analysis and lead sheets, when appropriate.
* Compile and prepare comprehensive monthly financial report packages and submit timely to the Regional Accounting Supervisor review and approval.
* Meet monthly financial report submission deadlines to GM and client in line with management agreement and client expectations.
* Assist in calculating, preparing, and filing all applicable tax returns, including property, parking, and sales and use taxes.
* Prepare and process funding and wiring requirements, including distributions, taxes, and intercompany settlements.
* Communicate and interact with regional and facility personnel working in the field.

EDUCATION:

* BA/BS Degree in Accounting

Skills:

* Ability to work independently, be a self-starter, and effectively interface and communicate both through written and verbal means.
* Excellent computer skills, including high and proven proficiency in Microsoft Office Suite (Excel, Word, Adobe, and Outlook).

Experience:

* 1-2 years of experience in General Accounting or Finance with application of GAAP, is a plus but not required.

Client Reporting Services:

The Client Reporting Services (CRS) team is a critical component of our commercial delivery and success for all managed clients at LAZ Parking. The department is comprised of over 30 highly qualified accountants who specialize in client services and providing monthly financial reporting for over 1,300 locations and 850 clients. All team members pride themselves on completing reports in a timely, accurate, and complete manner in accordance with GAAP or Cash Basis of accounting consistent with underlying management agreement terms and client expectations.

In completing the monthly accounting procedures, the CRS team utilizes best practices, controls, and procedures to ensure that client revenues are tracked, reported, and reconciled accurately. The team members also utilize a comprehensive mix of enterprise and custom open source applications, including Epicor, Doc-Link, IntegraPark - Paris/Rome, as well as a custom developed web-based Daily Cash Reporting (WebDCR). Monthly accounting transactions from all transactional sources, including banking and financial institutions are integrated, matched, and reconciled using T-Recs Enterprise total reconciliation solution. End user reports are generated using FRx or SQL Server Reporting Services (SSRS) and accessible by clients through a private and secure web online portal.

Although the department has standardized client reporting, there is flexibility to offer financial reports in formats that are tailored to each client in order to include all desired relevant financial and operational content. Clients are consulted prior to transition to develop the appropriate contents and information to provide each month. The accountants work closely with the field operations teams to develop any additional KPI's and non-financial data that may be required to be included in the monthly report.

FLSA Status: Non-Exempt

To be hired, all candidates must submit to a background check and pre-employment drug screen.

LAZ Parking is an equal opportunity employer. In all our employment practices, including hiring, we are firmly committed to provide equal employment opportunity (EEO) to all persons, regardless of race, color, religion, sex, national origin, disability, age, genetics, Vietnam era, special disabled, recently separated and other protected veterans, or any other characteristic protected by federal, state or local law. No question in our application process is used for the process of limiting or excluding any applicant's consideration for employment on such grounds.

This Employer participates in E-Verify.

About LAZ Parking

Laz Parking specializes in the management, leasing, ownership and development of parking facilities. We currently operate in nine states; Connecticut, Massachusetts, Georgia, New York, New Jersey, Maryland, Pennsylvania, Virginia and Florida with our corporate headquarters in Connecticut. Laz is an established, dynamic company which concentrates very carefully on providing the highest quality of service to parkers and clients. Since 1981, Laz has grown from a small, local start-up to a firm with national presence. We have a reputation for efficiency, integrity, and above all, for adding value to our clients' bottom line. Laz would welcome the opportunity to discuss the parking needs of the clients and to offer insight on how additional value can be created with those assets. In 1981, Alan Lazowski and Jeffrey Karp formed LAZ Parking, Ltd., predecessor to the current parent company, LAZ Karp Associates, Inc. Beginning with a single valet location at a downtown Hartford location, Lazowski and Karp first established a parking organization and business concentrating on the provision of valet parking services. The company grew rapidly, and Lazowski and Karp expanded into other parking services. Over the past 23 years, LAZ has matured into a national parking organization. It is one of New England's largest parking companies, and it does business throughout the eastern United States. LAZ has its corporate headquarters in Hartford, CT, and it maintains regional offices in Atlanta, Boston, New York/NJ, Philadelphia, Baltimore/Washington, and Florida. LAZ is experienced in the operation of all types of parking properties, including but not limited to those located at or serving offices, hotels, residential properties, mixed-use projects, medical facilities, universities, government facilities (on and off-street parking), and sports and entertainment arenas.

This company profile was created by AfterCollege and is about LAZ Parking. This page is not endorsed by or affiliated with LAZ Parking. For questions regarding company profiles, please email: care@aftercollege.com.