Senior Accountant

About Loam:

At Loam, we have the earth in our hands. As a team of scientists, farmers, and entrepreneurs, we are on a mission to revolutionise agriculture and address climate change. Through our cutting-edge microbial technology, we are enhancing soil health, boosting crop yields, and sequestering carbon to create a sustainable future for farming. We are committed to empowering farmers and promoting regenerative practices that benefit both the environment and their bottom line.

As a fast-growing agricultural startup, Loam offers a dynamic and collaborative work environment where innovation and passion thrive. We embrace diversity and believe that our collective expertise and shared commitment can make a significant impact on the global agricultural landscape.

Join us on this exciting journey as we transform agriculture and build a sustainable future together.

About the Role:

We are seeking a Senior Accountant with experience across financial accounting, reporting, and payroll management to join our team at Loam Bio. As the Senior Accountant you will play a crucial role in analyzing operational, commercial, strategic, and financial metrics for our US operations, to provide insightful analysis that supports management decisions and the planning process.

In this position, you will manage one direct report while contributing to the financial reporting process, ensuring the quality and compliance of financial outputs, including adherence to statutory obligations and the timeliness of filings. You will also assist in performing financial analyses that align with the company's objectives.

Responsibilities:

• Oversee the US financial accounting function ensuring timely and accurate recording of transactions in compliance with GAAP and regulatory requirements.
• Provide payroll subject matter expertise to ensure compliance, accuracy and best practices are applied to the USA payroll function.
• Prepare and review monthly, quarterly, and annual financial statements and reports.
• Manage a small finance team of one direct report
• Coordinate the year-end audit process, liaising with external auditors and providing all necessary documentation.
• Drive process improvements in financial reporting and develop and maintain internal controls.
• Manage the general ledger and perform account reconciliations.
• Monitor and analyze financial data, identifying trends, variances, and areas for improvement.
• Ensure compliance with tax regulations and manage tax reporting and filing.
• Support the financial planning and analysis function by providing accurate and reliable financial data.
• Collaborate with cross-functional teams to support strategic decision-making and provide financial insights.
• Stay up-to-date with changes in accounting standards and regulations.

Important: This role is hybrid, requiring 2-3 days of onsite presence each week at our St. Paul office.

Requirements

• Possession of a Bachelor's degree in Accounting, Finance, or a similar discipline is required; holding a CPA qualification is an advantage, though not mandatory.

• Background in financial accounting and reporting is necessary.
• Proficiency in handling payroll, including familiarity with multi-state payroll systems.
• Comprehensive understanding and application of GAAP and accounting principles are essential.
• Practical experience with accounting software is required.
• Skilled in the preparation and review of financial statements and reports.
• Exceptional analytical and problem-solving abilities, complemented by meticulous attention to detail.
• Outstanding communication and interpersonal skills, capable of engaging effectively with stakeholders at all levels.
• Experience in utilizing ERP systems and possessing high-level skills in MS Excel.
• Familiarity with tax regulations and a background in tax reporting and compliance are beneficial.

Benefits

• Competitive salary package
• Rich benefit plan design consisting of low employee premiums for health, with the employer covering 100% of the premium for the employee (only) Dental and Vision, short and long term disability and Flexible Spending Account for medical and dependent care.
• Generous Paid Time Off; including your Birthday + 13 paid company holidays
• 100% employer 401k match, up to 6%, fully vested on day one

Why You Should Join Us:

We're tackling some of the most challenging issues of our time, and we're doing it with a team that's passionate about making a difference. If you're looking for a role where you can use your skills to contribute to a mission that matters, we'd love to hear from you.

Loam Bio is proud to be an equal opportunity employer. We are committed to building a diverse and inclusive team. Loam Bio does not discriminate against applicant for employment because of race, creed, color, religion, age, sex, marital status, gender identity or expression, sexual orientation, national origin, disability, military status, status with regard to public assistance, familial status, local human rights commission activity, or any other basis in accordance with applicable law.

Important: Please note this role is not eligible for relocation assistance.