Accounting Associate

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 an Accounting Associate to join our Finance Team focusing on payroll, bookkeeping, expense processing, and administrative support for our U.S. operations. Reporting to the Senior Director, Accounting, you will ensure our financial processes are both accurate and efficient. In this role, you will be entrusted with executing daily financial tasks, maintaining orderly financial records, and reinforcing our financial operations framework.

Responsibilities:

• Administering the payroll process accurately and punctually, handling timesheets, wage calculations, taxes, and deductions.
• Keeping precise records of financial transactions in line with accounting principles, updating the general ledger, managing journal entries, and maintaining balance sheet reconciliations.
• Managing and processing company expenses, ensuring they adhere to company policies and are accurately recorded.
• Providing comprehensive administrative support to streamline the efficiency of the finance department, including managing financial documentation and assisting in audit preparations.
• Assisting in the preparation of financial statements and reports, guaranteeing data integrity and adherence to accounting standards and regulations.
• Keeping abreast of financial laws and regulations to ensure all financial operations are compliant.
• Identifying and contributing to the implementation of process improvements to refine financial operations and enhance accuracy and efficiency.
• Supporting the FP&A team with reporting and variance analysis
• Supporting the Accounting Manager on periodic management reporting and statutory lodgements. 

Requirements

• An Associate's or Bachelor's degree in Accounting, Finance, or a related field.
• Experience in payroll processing, bookkeeping, and expense management.
• Proficiency with accounting software, ideally 
• An exceptional eye for detail and the capability to manage multiple tasks concurrently without sacrificing quality.
• Strong communication skills, enabling effective collaboration with team members.
• A proactive approach to identifying and solving problems to improve financial processes and outcomes.
• A solid understanding of financial regulations and compliance requirements, ensuring all financial activities are conducted in line with legal standards and best practices.

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. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability status, or any other characteristic.