Accounting Manager

1 month ago

New Brunswick, New Jersey, United States Avet Pharmaceutical Full time

Job Summary:

The Accounting Manager position has varied responsibilities but will primarily support the inventory, accounts payable, and treasury management processes. The position will be responsible for managing and maintaining accurate inventory records and processing accounts payable transactions in an efficient and timely manner. Further, the role will also be exposed to treasury activities, including the preparation of weekly cash forecasts. The role requires strong analytical skills, excellent organizational abilities, and a good understanding of financial accounting principles.

Reporting Relationships

  • This position has no direct reports; however, the position will indirectly oversee two support staff members located in India.

Essential Functions:

Inventory Management:

  • Maintain accurate records of inventory levels, including quantities, values, and locations.
  • Perform the accounting transactions related to all inventory cycles, including inventory transfers, receiving inventory, recording vendor invoices, landed costs, and inventory adjustments.
  • Month end reconciliation of inventory related GL accounts, including inventory in-transit, accrued purchases, and landed costs; research and resolve discrepancies.
  • Prepare inventory-related financial reports, including inventory reconciliation, valuation, and turnover analysis.
  • Audit lead for all inventory-related requests; external audit, ABL facility, etc.
  • Analyze inventory data to identify trends, variances, and opportunities for improvement.

Accounts Payable Processing/ Oversight:

  • Process vendor invoices accurately and efficiently, ensuring proper coding, approval, and timely payment.
  • Daily oversight of the accounts payable support staff.
  • Reconcile vendor statements and resolve discrepancies in a timely manner.
  • Prepare and review accounts payable aging reports to ensure timely payments and maintain positive vendor relationships.
  • Perform monthly calculation of profit-sharing arrangements with vendors.
  • Manage employee travel and expense reimbursement platform (Concur).
  • Assist with month-end and year-end closing activities related to accounts payable and accrued expenses.
  • Organize and maintain tax information applicable to federal, state and international filings.
  • Work collaboratively with other departments to drive process improvements.

Treasury Management:

  • Monitor cash flow forecasts and prepare weekly proposed to pay for Controller/ CFO review.
  • Processing of ACH/ Wire payments in GL.
  • Prepare and maintain ad hoc analysis as requested.

Specialized Skills/ Knowledge and Competencies:

  • Bachelor's degree in finance/ accounting.
  • Minimum of 5 years of relevant experience, pharmaceutical industry preferred.
  • Experience with SAP and Microsoft Dynamics - Great Plains, preferred.
  • Analytical, organizational, problem-solving, self-starter with excellent verbal and written communication skills.
  • Advanced Excel knowledge, strong competency in pivot tables, vlookups, etc.
  • Must possess strong financial accounting/ general ledger skills and understanding.
  • Ability to adjust and work effectively in a dynamic, changing environment.
  • May be required to work extended hours during the fiscal year-end closing and other peak periods throughout the year.
  • Adhere to all safety and cGMP standards and guidelines, and report unsafe conditions, near misses, and/or injuries in a timely manner.

Physical Demands/Factors:

Work is primarily sedentary in nature; routine bending, walking, lifting and reaching are required.

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Based on the highly regulated workplace at Avet, employees will be required to meet minimum English proficiency requirements.

All applicants must be legally authorized to work in the U.S. for any employer. We are unable to sponsor any applicants for a work visa or take over sponsorship of a work visa for any applicants, at this time.

All applicants will be expected to report to work at our New Jersey facility, however, in some limited cases, we may be willing to offer reimbursement of certain relocation expenses to an applicant based solely on the exercise of the Company's discretion.

Avet is proud to be an Equal Opportunity Employer.

This job description is not all-inclusive. It acts as a guideline and is subject to change over time. Additional duties may be assigned based on business needs.

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