Position Summary:

The Senior Accountant will play a key role in overseeing financial accounting processes with a focus on cost accounting, revenue recognition, job costing, and % completion revenue recognition. This role will ensure the integrity and accuracy of financial statements, support the month-end close process, and maintain general ledger (GL) accounts. The ideal candidate will possess a strong understanding of accounting principles, have experience in manufacturing environments, and demonstrate a proactive, detail-oriented approach to accounting and financial reporting.

Key Responsibilities:

• Cost Accounting & Job Costing:
  • Maintain and update cost accounting systems to ensure accurate tracking of manufacturing costs.
  • Develop and analyze job costing reports for ongoing and completed projects, providing insight into cost variances.
  • Support the allocation of direct and indirect costs to inventory, including raw materials, labor, and overhead.
  • Perform cost analysis for budgeting and forecasting, ensuring product costs are appropriately captured and reported.
• Revenue Recognition (Including % Completion):
  • Oversee the revenue recognition process, ensuring compliance with applicable accounting standards (e.g., ASC 606) and company policies.
  • Manage percentage-of-completion (POC) accounting for long-term projects and contracts, ensuring proper application of revenue recognition methods.
  • Review and analyze contracts to ensure proper timing and recognition of revenue in alignment with deliverables and milestones.
• Month-End Close & General Ledger:
  • Lead and support the month-end close process, ensuring timely and accurate financial reporting.
  • Reconcile balance sheet accounts, including intercompany, fixed assets, and accruals.
  • Prepare and post journal entries for various transactions including accruals, prepaids, and other corporate adjustments.
  • Review financial statements for accuracy and completeness, ensuring compliance with GAAP.
• Corporate Accounting Functions:
  • Assist in the preparation of financial statements, ensuring compliance with corporate policies and generally accepted accounting principles (GAAP).
  • Work with internal teams to ensure appropriate internal controls and financial procedures are followed.
  • Support the annual audit process by preparing schedules and assisting external auditors with queries.
• Financial Reporting & Analysis:
  • Provide regular financial reports to management, highlighting key trends, variances, and insights to support strategic decision-making.
  • Assist with forecasting and budgeting processes, focusing on cost control and financial performance.
• Cross-Functional Collaboration:
  • Work closely with operations, procurement, and manufacturing teams to gather relevant data for cost tracking and financial analysis.
  • Provide support to other departments in understanding and managing their budgets and financial metrics.
• Ad-Hoc Projects:
  • Participate in special projects, system improvements, and process optimizations to enhance financial operations and reporting efficiency.

Qualifications:

• Education:
  • Bachelor’s degree in Accounting, Finance, or related field (CPA or CMA preferred).
• Experience:
  • Minimum of 5+ years of accounting experience, preferably within the manufacturing or pharmaceutical industry.
  • Strong background in cost accounting, job costing, and revenue recognition, including % completion methods.
  • Experience with month-end close, general ledger (GL) management, and financial statement preparation.
• Skills:
  • Proficient in accounting software (experience with ERP systems such as SAP, Oracle, or Microsoft Dynamics is a plus).
  • Advanced Excel skills (pivot tables, VLOOKUP, etc.).
  • Strong understanding of US GAAP and relevant industry-specific regulations.
  • Excellent analytical, organizational, and problem-solving skills.
  • Ability to communicate complex financial information effectively to non-financial stakeholders.
• Personal Attributes:
  • Detail-oriented with a strong focus on accuracy.
  • Ability to work under pressure and meet tight deadlines.
  • Strong interpersonal skills and ability to collaborate across teams.
  • Proactive in identifying issues and providing solutions.

Benefits:

• Competitive salary and performance-based incentives.
• Comprehensive benefits package (health, dental, vision, 401(k) with company match, etc.).
• Professional development opportunities.
• Dynamic and supportive work environment.