Operational Accounting Manager – Westford, MA
Compensation: $125-150K + bonus
Summary:
The Manager of Operational Accounting is responsible for ensuring that the following operational accounting areas (Inventory/Costing, FP&A, Accounts Payable and Accounts Receivable) maintain all required accounting principles, practices, and procedures for a medical device manufacturing company with multiple reporting entities in order to ensure accurate and timely financial statements. This position supervises the accounts payable and accounts receivable departments and is responsible for managing the team so that work is properly allocated and completed in a timely and accurate manner. This position is also responsible for inventory accounting and will have significant input on implementing automated accounting solutions.
Operational Accounting Manager Duties and Responsibilities:
At the corporate organizational level, plans and directs accounting activities within the finance department by performing the following duties personally or through assigned staff:
- Manages day-to-day activities of the accounts payable and accounts receivable departments to ensure that each function is performed in a timely, accurate, and well controlled manner. Provides adequate backup to maintain each department’s critical deadlines during planned and unplanned absences.
- Manages the company-wide credit, collection and cash application process to ensure that company policies and procedures are followed, and proper internal controls are maintained.
- Manages the company-wide inventory accounting process, including supporting plant locations with inventory / costing issues, and advising on proper procedures.
- Supports all aspects of monthly, quarterly, and year-end closings, including detailed account reconciliations for assigned functions.
- Analyzes balance sheet accounts for assigned functions on a monthly basis, ensuring their overall integrity and accuracy.
- Assists the controller in the management of quarter-end and year-end audits performed by a 3rd party public accounting firm, ensuring favorable and timely completions.
- Assists the controller with the management of the Company’s commercial insurance programs.
- Supports other financial and related tax, bank, and insurance audits. Assists with preparation of external audit materials and external financial reporting.
- Supports the preparation of all periodic tax and statutory filings including but not limited to sales and use taxes, property and excise taxes, franchise, and annual reports, 1099 filings, etc.
- Monitors and analyzes department work to develop more efficient procedures and use of resources for continuous improvement in meeting critical deadlines accurately and timely.
- Assists in the development, implementation, and training of new / automated systems.
- Provides on-demand financial analysis to support decision making; explain monthly, quarterly, and annual financial variances, particularly in the Inventory / COGS areas.
- Performs all other duties as assigned or needed.
Operational Accounting Manager Qualification Requirements:
- Bachelor’s degree in Accounting, and a minimum of 5+ years of directly related experience in positions demonstrating progressive responsibility.
- Manufacturing industry and inventory / cost accounting experience required.
- Finance and Accounting leader
- Strong Excel skills required.
- Epicor ERP systems experience a plus.
- Must be self-starter that can function independently with little direct supervision.
- Must possess strong interpersonal communication skills, both verbal and written, as well as a level-headed demeanor.
- Ability and willingness to work extended hours as necessary, especially during the month-end closing process.
- This is an on-site position.
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