Accountant in Denver, Colorado at Lotus Concepts Management

Work Location: This is a full-time, in-person position based at the Lotus Concepts Management Corporate Office in Denver, Colorado. Employees are expected to work on-site during scheduled business hours. This position is not eligible for remote or fully remote work except as approved on a limited basis by Company leadership.

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Compensation

In accordance with Colorado's Equal Pay for Equal Work Act and applicable wage transparency requirements:

Salary Range: $60,000 – $72,000 annually

Starting compensation will be determined based on the successful candidate's qualifications, relevant experience, demonstrated performance, education, certifications, or a combination of these factors, as well as the individual's ability to perform the essential functions of the position. Compensation decisions may also consider internal equity and other legitimate business factors permitted by applicable law.

This position is classified as full-time, salaried, and exempt from overtime under applicable federal and Colorado wage and hour laws.

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Position Summary

The Accountant is responsible for supporting the financial operations of Lotus Concepts Management through professional accounting, financial reporting, account analysis, reconciliations, budgeting support, and compliance with generally accepted accounting principles and company financial policies.

This position exercises independent judgment in analyzing financial information, interpreting accounting data, identifying discrepancies, preparing financial reports, recommending corrective actions, and supporting informed business decisions across multiple restaurant and corporate entities. The Accountant partners with the Controller and company leadership to maintain accurate financial records, strengthen internal controls, and ensure the integrity of the Company's financial reporting.

This is a full-time, in-person position based at the Lotus Concepts Management Corporate Office.

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Essential Duties & Responsibilities

The following duties are representative of this position but are not all-inclusive.

General Accounting

• Prepare and record journal entries.
• Maintain and reconcile general ledger accounts.
• Analyze financial transactions to ensure proper accounting treatment.
• Perform monthly, quarterly, and annual account reconciliations.
• Review financial activity for accuracy and completeness.
• Research and resolve accounting discrepancies.

Financial Reporting

• Prepare monthly financial reports and supporting schedules.
• Assist with preparation of annual financial statements.
• Analyze operating results and identify financial trends.
• Prepare variance analyses and supporting documentation.
• Assist with management reporting and executive financial requests.
• Ensure financial reporting deadlines are consistently met.

Month-End & Year-End Close

• Support month-end and year-end close processes.
• Reconcile balance sheet accounts.
• Review accruals and prepaid expenses.
• Assist with fixed asset accounting.
• Prepare supporting schedules for financial reporting.
• Ensure timely completion of closing activities.

Financial Analysis

• Analyze operating expenses and account activity.
• Investigate unusual financial transactions and account variances.
• Identify trends, risks, and opportunities for improvement.
• Assist leadership with financial forecasting and budgeting.
• Recommend process improvements that strengthen financial operations.

Compliance & Internal Controls

• Ensure compliance with company accounting policies and GAAP.
• Support internal control procedures.
• Assist with audit preparation and external audit requests.
• Review financial documentation for completeness and compliance.
• Maintain confidentiality of all financial information.

Collaboration

• Partner with restaurant management regarding financial questions.
• Support Accounts Payable, Payroll, and other accounting functions as needed.
• Work closely with the Controller on financial projects.
• Assist department leaders with financial reporting and analysis.
• Collaborate with internal departments to improve accounting processes.

Administrative Responsibilities

• Maintain organized accounting records.
• Prioritize multiple deadlines in a fast-paced environment.
• Recommend improvements to accounting procedures and workflows.
• Perform additional accounting and finance duties as assigned.

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Qualifications

Required

• Bachelor's degree in Accounting, Finance, or a related field preferred
• Minimum two (2) years of professional accounting experience.
• Strong knowledge of financial reporting principles.
• Experience with general ledger accounting and account reconciliations.
• Advanced Microsoft Excel skills.
• Excellent analytical, organizational, and problem-solving abilities.
• Strong written and verbal communication skills.

Preferred

• Hospitality, restaurant, retail, or multi-entity accounting experience.
• Experience with QuickBooks Desktop, MarginEdge, Restaurant365, or similar accounting software.
• Experience supporting month-end and year-end close.
• Knowledge of sales tax, payroll accounting, and multi-location financial reporting.

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Knowledge, Skills & Abilities

The successful candidate demonstrates the ability to:

• Apply accounting principles accurately and consistently.
• Analyze complex financial information and recommend appropriate action.
• Exercise sound professional judgment and independent decision-making.
• Prepare accurate financial reports within established deadlines.
• Identify opportunities to improve accounting processes and internal controls.
• Maintain strict confidentiality regarding financial and business information.
• Communicate effectively with leadership and operational teams.
• Manage multiple priorities while maintaining exceptional attention to detail.

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Work Environment

This position primarily operates in a professional office environment and requires prolonged computer use, collaboration with accounting and operational teams, regular communication with management, and occasional visits to restaurant locations as business needs require.

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Physical Requirements

Reasonable accommodations may be made to enable qualified individuals with disabilities to perform the essential functions of the position.

This position regularly requires the employee to:

• Sit, stand, and walk for extended periods.
• Operate computers and standard office equipment for prolonged periods.
• Frequently communicate verbally and in writing.
• Occasionally lift and carry files or office materials weighing up to 25 pounds.
• Bend, reach, stoop, kneel, and climb stairs occasionally.
• Maintain visual focus while reviewing financial records and reports for extended periods.

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Performance Expectations

Employees in this position are expected to:

• Demonstrate professionalism, integrity, and accountability.
• Exercise sound judgment and independent decision-making.
• Produce accurate, timely, and reliable financial information.
• Meet all financial reporting deadlines.
• Maintain compliance with company accounting policies and applicable accounting standards.
• Protect confidential financial and business information.
• Contribute to continuous improvement of accounting processes and internal controls.
• Collaborate effectively with the accounting team and operational leadership.