Accountant (NetSuite)

Seeking a NetSuite Accountant with expertise in benefits and payroll-related accounting, accrual accounting, GAAP, accounting reconciliations, and general ledger management. The ideal candidate will be responsible for overseeing financial operations with a focus on benefits, payroll, and general accounting functions using NetSuite ERP software.

Key Responsibilities:

• Benefits & Payroll Accounting:
• Oversee payroll accounting processes, ensuring accurate recording of wages, bonuses, and deductions within NetSuite.
• Ensure benefits (healthcare, retirement plans, etc.) are properly accounted for and recorded in compliance with company policies and applicable regulations.
• Monitor and reconcile payroll-related accounts, including tax liabilities, benefit liabilities, and accruals.
• Work closely with HR and Benefits teams to ensure timely and accurate processing of payroll and employee benefits transactions.

Accrual Accounting:

• Manage accrual accounting processes, including recording accruals for payroll, benefits, and other expenses.
• Ensure that accruals are appropriately adjusted at month-end and year-end close to reflect accurate financial positions.
• Reconcile accruals and identify discrepancies, ensuring that all entries align with financial reporting timelines.

General Accounting & GL Management:

• Maintain and manage the general ledger (GL) by reviewing and posting journal entries and ensuring proper classification of transactions.
• Perform month-end and year-end close processes, ensuring accurate and timely financial reporting.
• Monitor and maintain chart of accounts, ensuring accuracy in all financial records within NetSuite.

Accounting Reconciliations:

• Perform monthly and quarterly reconciliations for all financial accounts, including payroll, benefits, and other accruals, ensuring all discrepancies are investigated and resolved.
• Prepare reconciliations for balance sheet accounts, including asset and liability accounts related to payroll and benefits.
• Assist in identifying areas for improvement in reconciliation processes and implement best practices.

Financial Reporting & Analysis:

• Prepare accurate and timely financial statements and reports for management, ensuring compliance with GAAP (Generally Accepted Accounting Principles).
• Analyze financial data, identify trends, and provide insights into payroll and benefits-related expenses.
• Support management in the preparation of budgets and forecasts, particularly related to payroll and benefits costs.

NetSuite System Management:

• Act as the subject matter expert (SME) for NetSuite ERP in accounting functions, ensuring the system is configured correctly for payroll, benefits, and general ledger processes.
• Implement and optimize relevant NetSuite modules and features for financial accounting.
• Troubleshoot issues within NetSuite and collaborate with IT or consultants to resolve them promptly.

Compliance & Internal Controls:

• Ensure compliance with all accounting regulations, tax laws, and company policies, particularly related to payroll and benefits.
• Assist with the preparation for audits and provide necessary documentation and explanations during audits.
• Maintain internal controls and ensure financial data accuracy and security within NetSuite.

Collaboration & Support:

• Work closely with cross-functional teams such as HR, Benefits, and Finance to ensure alignment of accounting practices across payroll and benefits.
• Provide support and training to junior accounting staff regarding NetSuite processes and payroll/benefits-related accounting.

Qualifications:

Education:

• Bachelor’s degree in Accounting, Finance, or related field.
• CPA or other professional accounting certification is preferred.

Experience:

• Minimum of 3-5 years of experience in accounting, with specific experience in payroll and benefits accounting, accrual accounting, and GL management.
• At least 2-3 years of hands-on experience with NetSuite ERP software, specifically in payroll, benefits, and general ledger functions.

Skills:

• Expertise in payroll accounting and benefits accounting.
• Strong knowledge of accrual accounting principles and practices.
• Advanced understanding of GAAP and its application to payroll, benefits, and general accounting.
• Solid experience with general ledger management and month-end close processes.
• Proficiency in accounting reconciliations and troubleshooting discrepancies.
• Excellent analytical skills with the ability to analyze financial data and provide actionable insights.

Technical Competencies:

• Advanced proficiency in NetSuite ERP, including payroll, benefits, and accounting modules.
• Strong Excel skills (pivot tables, v-lookup, financial modeling).
• Familiarity with additional financial systems or tools is a plus (e.g., Bill.com, Adaptive Insights).

#INDBOS

Job Type: Contract

Pay: $40.00 - $50.00 per hour

Schedule:

• Monday to Friday

Education:

• Bachelor's (Preferred)

Experience:

• Accounting: 3 years (Required)
• NetSuite: 1 year (Required)

Ability to Commute:

• Manchester, NH 03101 (Required)

Work Location: Hybrid remote in Manchester, NH 03101

Salary : $40 - $50