Senior Inventory Accountant
2 months ago
RxSight
is an ophthalmic medical technology corporation headquartered in Aliso Viejo, California that has commercialized the world’s first and only adjustable intraocular lens (IOL) that is customized after cataract surgery. The company’s mission is to revolutionize the premium cataract surgery experience by allowing surgeons to partner with their patients to achieve optimized results for every unique eye.
The Senior Accountant supports the monthly close process, analyzes and reconciles GL accounts, and participates in assigned audit responsibilities. The Senior Accountant position requires top-notch analytical skills and the ability to work in a fast-paced environment, able to support month, quarter and year-end close responsibilities in a timely fashion. All work performed by the Senior Accountant will support compliance with Sarbanes-Oxley (SOX) including audit ready schedules with IPE.
ESSENTIAL DUTIES AND RESPONSIBILITIES:
Month-end close including (but not limited to) inventory accounts, ensuring reconciliation of perpetual to GL.
Maintaining standard costs for inventory parts (labor, burden, OH and rolling of routers and product structures)
Completing WO review/accounting close, analyzing variances, understanding inventory activities
Analyzing and recording amortization of capitalized PPV/manufacturing variances
Recording monthly allocation entries
Analysis and roll forward of E&O reserves, including working with Ops Management and Accounting Management to identify potential losses
Understanding the related nature of revenue and COGS transactions and reconciling the activity to support proper recording in the GL and providing the support for reported sales units
Closing the manufacturing and manufacturing support cost centers each month including proper accruals
Preparing the quarterly inventory board slides for the audit committee meeting
Providing footnote support information as needed for SEC reporting
Participating in the annual physical inventory for finance, including selecting and directing internal team auditing the counts
Completing miscellaneous account analyses as requested
Documenting procedures and streamlining transaction processing to improve efficiencies
Completion of monthly balance sheet reconciliations as assigned
Supporting annual external audit and tax analysis as assigned
Other duties as assigned, including backup support for other personnel
REQUIRED KNOWLEDGE, SKILLS AND ABILITIES:
Solid understanding of U.S. GAAP
Ability to write routine reports and correspondence.
Ability to add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions, and decimals. Ability to compute average, ratios, percent.
Ability to apply common sense understanding to carry out instructions furnished in written, oral or diagram form. Ability to deal with problems involving several concrete variables in standardized situations.
Must have good phone skills and interact well with others.
Must always present themselves professionally.
Requires minimal supervision.
EDUCATION, EXPERIENCE, and TRAINING:
Bachelor’s Degree in Accounting or Finance; minimum 8 years’ Accounting experience, 2-4 in public accounting
Must be flexible and adaptable to change.
Self-motivated with the ability to prioritize multiple projects under tight deadlines and work independently
Ability to work professionally with all levels of management.
Support our company values (Customer Focused, Agility, Sense of Urgency, Transformative).
Training to be completed per the training plan for this position as maintained in the document control system.
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