Director of Accounting

Job Title: Director of Accounting

Location: 102 Life Science Drive Olyphant, PA 18447

Company Overview: HK Kolmar USA is a leading contract manufacturer and supplier in the personal care and beauty industry, dedicated to providing innovative solutions and exceptional products for global brands. As a subsidiary of HK Group, a multinational corporation with a rich history and extensive expertise in cosmetics manufacturing, HK Kolmar USA combines cutting-edge technology with a commitment to quality and customer satisfaction.

At HK Kolmar USA we value our employees like family and are committed to driving excellence in personal care and beauty industry. Join us in a dynamic environment where you can make a significant impact while enjoying comprehensive benefits and a supportive, inclusive culture.

What’s in it for YOU?

• Excellent Compensation Packages
• Medical, Dental, and Vision Benefits Effective on Day 1
• 401k Package
• Paid Time Off Program
• Friendly and Open-Door culture

Position Summary: The Director of Accounting is accountable for overseeing all financial operations and accounting activities of the company and related entities. This includes the production of periodic financial reports, maintenance of an adequate system of accounting records, and implementation of comprehensive controls and budgets to mitigate risk, enhance accuracy, and ensure compliance with generally accepted accounting principles (GAAP) or international financial reporting standards (IFRS). Additionally, the Director of Accounting manages accounting functions, ensures accurate financial record-keeping, and prepares financial statements.

Do YOU Possess These Skills and Attributes? To excel as Director of Accounting, you should have:

• Solid knowledge of GAAP and financial reporting standards.
• Proficiency in accounting software (e.g., SAP, Deacom) and Microsoft Office Suite.
• Excellent analytical, organizational, and problem-solving skills.
• Ability to build effective relationships and collaborate across departments.
• Strong leadership capabilities to manage projects and teams effectively.

Responsibilities:

Management

• Maintain a documented system of accounting policies and procedures
• Manage outsourced functions
• Oversee the operations of the accounting department, including the design of an organizational structure adequate for achieving the department's goals and objectives
• Oversee the accounting operations of subsidiary corporations, especially their control systems, transaction-processing operations, and policies and procedures.

Transactions

• Ensure that accounts payable are paid in a timely manner
• Ensure that all reasonable discounts are taken on accounts payable
• Ensure that accounts receivable are collected promptly
• Process payroll in a timely manner
• Ensure that periodic bank reconciliations are completed
• Ensure that required debt payments are made on a timely basis
• Maintain the chart of accounts
• Maintain an orderly accounting filing system
• Maintain a system of controls over accounting transactions

Reporting

• Issue timely and complete financial statements
• Coordinate the preparation of the corporate annual report
• Recommend benchmarks against which to measure the performance of company operations
• Calculate and issue financial and operating metrics
• Manage the production of the annual budget and forecasts
• Calculate variances from the budget and report significant issues to management
• Provide for a system of management cost reports
• Provide financial analyses as needed, in particular for capital investments, pricing decisions, and contract negotiations

Compliance

• Coordinate the provision of information to external auditors for the annual audit
• Monitor debt levels and compliance with debt covenants
• Comply with local, state, and federal government reporting requirements and tax filings

Requirements:

• Education: Bachelor's Degree in Accounting or Business Administration required; Master's Degree/CPA/CMA a plus.
• Experience: 10 + years in progressive accounting roles for a major company or division of a large corporation.

Benefits:

• Medical, Dental, Vision Insurance
• 401K with matching program
• Paid Time Off Program
• Friendly and Open-Door culture

Our Mission: At HK Kolmar USA, our mission is to empower our customers' success by delivering superior manufacturing capabilities and tailored solutions that meet the highest industry standards. We strive to be a trusted partner in every stage of product development, from formulation to packaging, ensuring excellence and innovation in every product we produce.

Join Our Team: As part of a dynamic and growing organization, HK Kolmar USA offers opportunities for career advancement, professional development, and a supportive work environment. We value diversity, creativity, and passion for excellence in everything we do.