Job Description

 LOTUS SEATTLE CORP  IS ACTIVELY SEARCHING FOR A BUSINESS MANAGER/MARKET CONTROLLER.

Accounting position is responsible for all financial and administrative activities including monthly closes, journal entries, GL reconciliations and analysis, amortizations, accruals, intercompany transactions, fixed assets, trade/barter, A/P, A/R, credit & collections, budgets, corporate reporting package, including payroll processing.

This position reports directly to the General Manager and has Corporate Reporting requirements. The position will provide financial information that will assist the General Manager and Department Heads in making informed economic decisions regarding the business operations and the future direction of the Market Radio Stations.

The role of the Business Manager/Controller is a member of the management team as a strategic business partner, participating in a wide variety of projects including financial planning, budgeting, forecasting and evaluating business operations and processes. The position requires a hands-on, organized, self-motivated, and detailed-oriented individual to interface with all levels and meet deadlines.

The purpose of the Business Manager is to support the efforts of the business units in meeting various deadlines and compliance requirements for daily operations.

PRIMARY RESPONSIBILITIES INCLUDE BUT ARE NOT LIMITED TO:

·         Responsible for all financial activities and full accounting cycle

·         Manage operating and capital budgets

·         Responsible for preparing month-end close including preparing Journal Entries, reconciliations, and financial analysis

·         Coordinate and prepare internal and external financial reporting on a weekly, monthly, quarterly and yearly basis.

·         Supervise credit and collections to make sure they are kept current.

·         Ensure accurate and timely processing of accounts payable.

·         Monitor departmental budgets and work with departmental heads in planning expenditures.

·         Assist internal and external auditors in performing reviews and audits of accounting records.

·         Conduct regular meetings with the General Manager and General Sales Manager to review sales forecast.

·         Provide timely and accurate information to the Corporate Finance Department. 

·         Responsible for processing payroll for assigned market

·         Commission calculations and reconciliation.

REQUIRED KNOWLEDGE, SKILLS AND ABILITIES

 ·         Thorough understanding of GAAP accounting principles, practices, and internal controls.

·         Thorough understanding of Inventory Management, Job Costing and Valuation Methods.

·         Strong background in general ledger, AP/AR, inventory, and payroll.

·         High Level Proficiency in accounting, excel and Accounting software, preferably MAS500

·         4-year Accounting or Economics degree preferred (CPA Preferred/MBA a plus).

·         4-years of hands-on experience with payroll, including wage and hour guidelines.

8+years of accounting experience, Broadcasting background

Company Description

Founded in 1962 by Howard A. Kalmenson, with the purchase of KWKW, one of Los Angeles' original Spanish language radio stations, Lotus is one of the largest privately owned Radio Station Groups in the United States. In 2012, Howard was awarded the Medallas de Cortez Lifetime Achievement Award from Radio Ink honoring his long record of dedication and commitment to Spanish-language radio. Lotus Seattle Corp is proud to be an Equal Opportunity Employer and Drug Free Workplace! WHAT WE DO Lotus Communications Corp. is a company headquartered in Los Angeles, California that owns and operates 44 radio stations, a digital agency, low-power television stations and e-commerce websites. The radio stations serve the Los Angeles, Bakersfield, Fresno, Las Vegas, Reno, Sacramento, Tucson, Seattle and Boise radio markets. The e-commerce operations are based in Los Angeles. Lotus Communications Corp. was established in 1962 and is one of the largest privately owned radio station groups in the United States. Lotus was founded by Howard A Kalmenson with the purchase of KWKW one of Los Angeles’ original heritage Spanish Language station. James Kalmenson, son of Howard Kalmenson, is an Executive VP of Lotus. He continues to fulfill the legacy of his father.