Accounting Executive – Freight Forwarding
Location: Torrance, CA
Salary: $70,000–$80,000 annually
Job Type: Full-time
Department: Accounting and Administration
Supervisory Responsibility: 1–2 team members
Position Summary
We are seeking an experienced Accounting Executive to manage day-to-day accounting and financial operations for a freight forwarding company. This role oversees the full accounting cycle, including accounts receivable, accounts payable, bank reconciliations, financial reporting, month-end and year-end closing, audit preparation, and tax coordination.
The ideal candidate must have accounting experience within the freight forwarding or international logistics industry and hands-on proficiency with CargoWise. This position also provides guidance to junior staff and works closely with the Finance Manager and Head Office.
Key Responsibilities
- Manage the complete accounts receivable process, including invoicing, credit notes, payment postings, statements of account, collections, and month-end closing.
- Monitor outstanding receivables and provide regular collection-status reports to management.
- Process customer credit applications, including credit and background checks.
- Oversee accounts payable, including invoice verification, postings, reconciliations, and vendor payments.
- Process office expenses, employee reimbursements, and other approved payments.
- Maintain the company cash book and complete accurate bank reconciliations.
- Provide weekly cash-position and cash-book reports to the Branch Manager and Head Office.
- Maintain the fixed-assets register, including depreciation and asset disposals.
- Manage month-end and year-end closing activities.
- Maintain a full set of accounts through the audit stage.
- Prepare financial statements, management reports, and financial analyses.
- Investigate accounting discrepancies and implement appropriate corrections.
- Prepare audit schedules and respond to audit and tax-related inquiries.
- Coordinate with external auditors and tax consultants regarding annual audits and tax-return submissions.
- Prepare and process sales commission reports when required.
- Liaise with banks and foreign-exchange providers on financial matters.
- Maintain accurate accounting records in CargoWise.
- Support general office administration and other operational needs.
- Train, delegate assignments to, and provide guidance to junior team members.
Required Qualifications
- Diploma or bachelor’s degree in Accounting, Finance, or a related field.
- At least five years of relevant accounting experience.
- Accounting experience within freight forwarding, international logistics, or a closely related industry.
- Hands-on proficiency with CargoWise/CargoWise One.
- Experience managing the full accounting cycle, including AR, AP, general ledger, reconciliations, closing, and financial reporting.
- Strong knowledge of accounting principles, internal controls, and financial procedures.
- Proficiency with Microsoft Excel and accounting software.
- Experience preparing for audits and coordinating tax-related matters
- Strong analytical, organizational, and problem-solving skills.
- Excellent attention to detail and ability to meet strict deadlines.
- Clear and professional written and verbal communication skills.
- Ability to work independently while collaborating effectively with management and Head Office.
Performance Expectations
- Complete month-end and year-end closing activities accurately and on schedule.
- Proactively communicate discrepancies, risks, and potential delays.
- Maintain strong internal controls and accurate financial records.
- Provide management with timely updates on cash flow, collections, and other critical financial matters.
- Demonstrate professionalism, integrity, accountability, and confidentiality.
- Manage priorities independently with minimal supervision.
- Support team development and identify opportunities to improve accounting processes.