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Senior Accountant
2 months ago
Lantheus is headquartered in Bedford, Massachusetts with offices in New Jersey, Canada, and Sweden. For more than 60 years, Lantheus has been instrumental in pioneering the field of medical imaging and has helped physicians enhance patient care with its broad product portfolio.
Lantheus is an entrepreneurial, agile, growing organization that provides innovative diagnostics, targeted therapeutics, and artificial intelligence (AI) solutions that empower clinicians to find, fight and follow disease. At Lantheus our purpose and values guide our behaviors in all interactions and play a vital role in creating a dynamic environment that contributes to our success. Every employee is crucial to our success; we respect one another and act as one knowing that someone's health is in our hands. We believe in helping people be their best and are seeking to bring together a diverse group of individuals with different viewpoints and skill sets to be a part of a productive and inclusive team.
Summary of Role
The Senior Accountant will join Lantheus as a key member of the Accounting team. In collaboration with management, the Senior Accountant will be responsible for assisting in the preparation of the month end close and consolidation, maintain accountability for specific areas in Accounting e.g., Revenue, ERP Systems, General Ledger, Audit, Compliance, and assist in the development and implementation of financial policies, procedures and controls, and new systems/projects across the organization. This role will report to the Manager, Accounting within the Controllership team of the Finance department.
Key Responsibilities/Essential Functions
- Prepare and review journal entries related to revenue, including deferred revenue, unearned revenue, and revenue adjustments. Ensure all revenue transactions are recorded accurately and in accordance with accounting principles and company guidelines.
- Perform detailed reconciliations of revenue-related accounts, such as accounts receivable and revenue accounts, to ensure accuracy and completeness. Investigate and resolve any discrepancies or variances identified during reconciliation processes.
- Prepares analysis and applicable manual entries and performs month-end general ledger reconciliations for other assigned general ledger accounts; Coordinates with internal and external contacts to review transactions and address proper accounting and resolve any variances. Needs to understand the areas of responsibility and ask questions in order to research and reconcile assigned accounts.
- Reconcile balance sheet and applicable income statement accounts with supporting documentation for assigned areas of responsibility.
- Compare general ledger activity against budget and forecasts, explain differences in expectations versus actual results.
- Assist in the setup and/ or maintenance of processes, procedures and controls that properly capture, track and report financial results, in accordance with Sarbanes Oxley, U.S. GAAP and company policies.
- Effectively partner and collaborate with cross functional business teams and all members of our Accounting & Finance team (domestic and international).
- Assist in maintenance and continuous improvement of the Company's ERP systems.
- Assist in ERP transactional processing, data management activities, business intelligence analysis, capabilities and reporting, and other systems utilized by the Accounting & Finance team.
- Interpret reports and records for managers/stakeholders.
- Conducts month end balance sheet and income statement variance analysis.
- Provide requested documentation to auditors (internal and external) and respond to questions timely.
- Provide support for footnotes disclosure for financial reporting purposes related to applicable general ledger accounts.
- Assist in preparation of quarterly forecasts and annual budgets for responsible areas of the balance sheet and applicable income statement accounts.
Basic Qualifications
- BA/BS degree in Accounting; CPA or CPA candidate preferred.
- 3-5 years accounting experience; recent public accounting experience preferred.
- Working knowledge of manual and automated accounting and reporting systems.
- Working knowledge of ASC 606 and GAAP revenue recognition requirements
- Focus on continuous improvement in areas of responsibility to drive transition to "best in class" finance organization.
- Detail-oriented with the ability to work independently to meet deadlines, or as a team member.
- Strong interpersonal skills and ability to communicate clearly and concisely both verbally and in writing to all levels within the organization.
- Ability to work under pressure and with multiple deadlines.
- A sense of urgency and self-motivation, with a personal commitment to meeting deadlines.
- High energy and ability to work well with all levels of management with consistent enthusiasm and professionalism.
- Actively promotes safety rules and awareness. Demonstrates good safety practices at all times including the appropriate use of protective equipment. Reports and takes initiative to correct safety & environmental hazards.
- Actively demonstrates the Lantheus values of accountability, quality, efficiency, customer service, collaboration and safety.
Other Requirements
- Public company experience is preferred but not required.
- SAP Experience is preferred but not required.
- Demonstrated ability to learn technical working knowledge of U.S. GAAP and SEC accounting/reporting rules.
Core Values:
The ideal candidate will embody Lantheus core values:
- Let people be their best
- Respect one another and act as one
- Learn, adapt, and win
- Know someone's health is in our hands
- Own the solution and make it happen
Lantheus is committed to equal employment opportunity and non-discrimination for all employees and qualified applicants without regard to a person's race, color, sex, gender identity or expression, age, religion, national origin, ancestry, ethnicity, disability, veteran status, genetic information, sexual orientation, marital status, or any characteristic protected under applicable law. Lantheus is an E-Verify Employer in the United States. Lantheus will make reasonable accommodations for qualified individuals with known disabilities, in accordance with applicable law.
Any applicant requiring an accommodation in connection with the hiring process and/or to perform the essential functions of the position for which the applicant has applied should make a request to the Lantheus Talent Acquisition team at talentacquisition@lantheus.com.
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