Staff Accountant

About the role

Les Olson Company is seeking a detail-oriented and motivated Staff Accountant to join our Accounting team. This position plays a key role in maintaining accurate financial records, supporting month-end close processes, managing reconciliations, and ensuring compliance with Generally Accepted Accounting Principles (GAAP). The ideal candidate will have strong analytical skills, a passion for continuous improvement, and the ability to work effectively across multiple business entities.

What you'll do

• General Accounting
• Assist in preparing schedules, reports, and supporting documentation for external audits, reviews, and other financial reporting requirements while meeting assigned deadlines.
• Maintain an understanding of accounting operations across all Les Olson Company affiliated entities, including:
• • Les Olson Company
  • Revco Leasing Company
  • L&R Investment
  • L&R Investment 3
  • Les Olson Company Profit Sharing Plan
• Establish and maintain internal controls and accounting procedures that promote accuracy, compliance, and operational efficiency.
• Ensure financial records and statements comply with Generally Accepted Accounting Principles (GAAP).
• Protect confidential company and employee information.
• Identify opportunities to improve accounting processes, workflows, and software utilization to increase efficiency and scalability.
• Support organizational goals related to productivity, cost control, fraud prevention, compliance, and financial accuracy.
• Continue professional development through training, educational opportunities, and industry resources.
• Perform other duties and special projects as assigned by management.

Treasury & Cash Management

• Manage daily treasury activities as needed, including:
• • Positive Pay approvals
  • ACH processing
  • Wire transfer requests
  • Cash management and monitoring

Month-End Close & Reconciliations

Prepare and reconcile balance sheet and general ledger accounts, including:

• Accounts Receivable
• Accounts Payable
• Inventory
• Prepaid Expenses
• Deferred Income
• Clearing Accounts
• Intercompany Notes Receivable/Payable
• Intercompany Balance Sheet Accounts
• Other assigned accounts as required

Additional responsibilities include:

• Investigating and resolving reconciliation discrepancies.
• Maintaining a thorough understanding of underlying general ledger activity.
• Supporting the monthly financial close process and related reporting requirements.

Inventory & Fixed Assets

• Track, analyze, and adjust monthly used inventory balances.
• Manage and maintain fixed asset records for Les Olson Company and L&R Investment 3.
• Record asset acquisitions, disposals, depreciation, and transfers.
• Ensure fixed asset schedules remain accurate and current.

Intercompany Accounting

• Prepare and process monthly management fee allocations.
• Process monthly intercompany cash transfers between affiliated entities.
• Reconcile intercompany balances and ensure transactions are properly recorded.
• Maintain current lease schedules and billing related to L&R Investment 3 capital investments charged to Les Olson Company.

Qualifications

Required

• Bachelor's degree in Accounting, Finance, or related field.
• 2+ years of accounting experience preferred.
• Strong understanding of accounting principles and financial reporting.
• Advanced proficiency in Microsoft Excel.
• Strong attention to detail and organizational skills.
• Ability to manage multiple priorities and meet deadlines.
• Excellent analytical and problem-solving abilities.

Preferred

• Experience with ERP/accounting systems.
• Experience with audit preparation and account reconciliations.
• Knowledge of intercompany accounting, fixed assets, and treasury management functions.