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Lead Financial Analyst

2 months ago

Westborough, Massachusetts, United States Coghlin Companies Inc Full time
Position Overview

A dynamic and driven accounting professional is sought to join the Finance Team at Coghlin Companies Inc.

Reporting directly to the Corporate Controller, the Senior Accountant will play a vital role in daily operations and contribute significantly to the month-end financial closing process.

Key Responsibilities

  • Maintain the accuracy of the general ledger by preparing necessary analyses for financial statement preparation, journal entries, account analysis, and other essential accounting functions.
  • Ensure adherence to accounting policies and procedures that promote efficiency while upholding robust internal controls and compliance with US GAAP.
  • Conduct general ledger account reconciliations and prepare adjusting journal entries, providing clear explanations and resolving discrepancies.
  • Generate precise, comprehensive, and timely reports and analyses upon request.
  • Collaborate with various departments to troubleshoot and resolve issues.
  • Facilitate the timely completion of the month-end close by preparing journal entries, account reconciliations, and analyzing account fluctuations.
  • Prepare monthly inventory roll forwards and reconcile inventory subsidiary schedules, including Work in Progress (WIP) to the general ledger.
  • Establish standards for new manufacturing components based on bills of materials and operations, updating standard costs for manufactured and purchased items as necessary.
  • Assist in comparing actual product margins to quotes and conducting related variance analyses.
  • Manage inventory quantity adjustments, inventory discrepancies, and Purchase Price Variance (PPV).
  • Oversee Accounts Payable to resolve vendor issues, perform reconciliations, and review aging schedules, ensuring best practices are followed to enhance processing accuracy and volume.
  • Support and implement internal controls, process improvements, and operational efficiencies as identified by the Corporate Controller and Assistant Corporate Controller.
  • Approach tasks with an analytical mindset to assess the reasonableness of results and ensure they are supported by relevant data.
  • Engage in special projects as assigned.
Qualifications

  • Bachelor's degree in accounting or a related field is required.
  • 3-5 years of relevant experience is preferred.
  • Proficient in Microsoft Excel with advanced capabilities.
  • Strong analytical and problem-solving skills.
  • Excellent interpersonal skills.
  • Willingness to take a hands-on approach.
  • Commitment to professional growth and development within the Finance department.
  • Able to work independently and complete tasks with minimal supervision.
Work Environment

  • Typically operates in an office environment, but may occasionally require duties outside the standard office setting.
Physical Requirements

  • Must possess reliable transportation and the ability to travel to various company locations.
  • Flexibility to work extended hours when necessary.

Note:

The above statements are intended to describe the general nature and level of work performed by employees in this classification. They are not intended to be an exhaustive list of all responsibilities, duties, and skills required of personnel so classified.

Coghlin Companies Inc is an Equal Opportunity Employer and does not discriminate based on race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status, or any other basis covered by appropriate law. All employment decisions are made based on qualifications, merit, and business needs.