Accounting Manager

DETAILS:

• Position: Accounting Manager
• Location: Middlesex County, MA
• Schedule: 2 days in-office
• Compensation: $140K - $150K Bonus Excellent Benefits

REQUIRED TO APPLY:

• BS of Accounting required
• CPA preferred, but not required
• 7 years of corporate accounting experience with a large publicly traded company (Manufacturing/life science preferred)
• SAP experience required
• Inventory Accounting experience or exposure required
• Must be currently living in MA and able to get into the office at least 2 days/week

JOB DESCRIPTION:

• Supervise and guide a team of accountants to ensure accurate and timely completion of daily, monthly, and annual accounting tasks.
• Provide mentorship, coaching, and training to accounting staff.
• Review and approve journal entries, account reconciliations, and reports prepared by team members.
• Develop and maintain departmental procedures, ensuring compliance with internal controls and accounting policies.
• Oversee the maintenance of SAP for accounting purposes, ensuring efficient use of the system for financial reporting, inventory management, and reconciliation processes.
• Ensure data integrity and accuracy in the SAP system, performing regular audits and corrections as necessary.
• Manage aspects of inventory accounting, including the tracking of inventory transactions, valuation, and reconciliation.
• Ensure proper recording of inventory purchases, cost of goods sold (COGS), and adjustments in SAP.
• Conduct regular inventory counts and reconcile physical inventory with the general ledger.
• Oversee the process for inventory write-offs, adjustments, and reserve provisions, ensuring adherence to accounting standards.
• Prepare and review monthly, quarterly, and annual financial statements, ensuring accuracy and compliance with accounting standards (e.g., GAAP or IFRS).
• Prepare detailed reports on inventory-related financial data, including turnover ratios, valuation discrepancies, and other relevant metrics.
• Analyze financial data to identify trends, variances, and opportunities for improvement in inventory management.
• Assist in budgeting and forecasting processes, particularly related to inventory costs and related accounting activities.
• Ensure compliance with all relevant accounting principles, company policies, and local regulations.
• Support internal and external audits by providing required documentation and explanations, particularly related to inventory and SAP transactions.
• Maintain documentation for internal controls and ensure the accuracy of financial records and transactions.
• Identify opportunities for process improvements within accounting and inventory management systems.
• Recommend enhancements to SAP and accounting workflows to improve efficiency and accuracy.
• Collaborate with other departments to streamline inventory-related processes, reducing costs and improving accuracy.

JOB ID: 43401