Senior Accountant

3 weeks ago


East Brunswick, United States Co-Source Solutions Full time

Job Summary:

The Senior Accountant 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:

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

Accounts Payable Processing/ Oversight:

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

Treasury Management:

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

Specialized Skills/ Knowledge and Competencies:

  • degree in finance/ accounting.
  • 3-5 years of relevant experience, pharmaceutical industry preferred.
  • SAP and Microsoft Dynamics Great Plains, preferred.
  • organizational, problem-solving, self-starter with excellent verbal and written communication skills.
  • Excel knowledge, strong competency in pivot tables, vlookups, etc.
  • possess strong financial accounting/ general ledger skills and understanding.
  • to adjust and work effectively in a dynamic, changing environment.
  • be required to work extended hours during the fiscal year-end closing and other peak periods throughout the year.

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