Assistant Manager Finance

Assistant Manager - Finance

• Reconciliation and verification of deposits received at US Bank vs 2 software platforms used for memberships and dues & subscriptions (Assoc Mgmt/CoPub)
• Bank reconciliations for 4 customers (Assoc Mgmt)

• Recording of all financial transactions for Assoc Mgmt in a separate software platform (Sage).

• Cash receipts by category

• Membership/ Subscriptions for all 7 Customers
• Author Billing (copub customers)
• Advertising revenue (copub customers)
• Aggregator and Licensor payments (copub customers), including allocation among customers where required
• Miscellaneous cash receipts

Disbursements:

• Bank fees
• Payments to KGL/Sheridan and other vendors

• Recording of accounts payable invoices and accruals

• Revenue Recognition –

  Releasing deferred revenues to income (membership, subscription, annual meetings, advertising, etc.)

• Expense Recognition –

  Prepaid insurance, deferred annual meeting expenses, etc.
• Reconciliation/recording of investment reporting (Assoc Mgmt customers)
• Preparation of Monthly Financial statements (Assoc Mgmt & CoPub)
• Compilation of individual vendor payments information for 1099-NEC reporting to Internal
• Revenue Service (annually in early January)
• Compilation of financial data for annual tax returns for submission to independent accounting firm that prepares the returns (annually)

Functions for potential transition later

• Prepare Accounts payable payments in USBank account (potential) – Approval in US

• CoPublishing

  – Reconciliation of activity to what is recorded in GP
• Reconciliation of Aggregator and Licensor payments and distribution to customers/CoPublishing clients