Senior GL Accountant

6 months ago

Natick, United States Cognex Full time

Job Description

About us- Cognex is the largest, most successful and recognized global player in industrial machine vision We are a financially strong, international company with no debt and have been in business for over 40 years. Using advanced optics, image sensors and artificial intelligence software Cognex vision and ID systems capture an image then analyze it to make sense of what’s being seen. We are deeply committed to fostering an inclusive and equitable work environment, guided by our "Work Hard, Play Hard, Move Fast" culture, which celebrates employee innovation, determination, and dedication in a dynamic, fun, and distinctive atmosphere

The Team:

As part of the Finance function, the Accounting team plays a critical role in ensuring an accurate reporting of the company’s financial results. The Finance function has strong business partnerships and influence throughout the company. We drive financially informed decisions in support of the company’s strategic objectives. We are investing in advanced analytics capabilities to enhance our data-driven approach to problem solving. We are focused on process improvement to provide the most efficient transactional support for our customers, vendors, and employees. The Finance leadership team has a proven track record of talent development. We invest in our team members and partner with them on their career development by offering a wide range of opportunities, including mentorships, special project assignments, training programs, and executive exposure. 

The Role:

In this position, you will play a key role in ensuring the timely and accurate financial closing of our US-based subsidiaries, as well as the global consolidation of our monthly financial results. As part of a professional team based out of our corporate headquarters, this is an excellent role to gain a baseline of experience in the Accounting function, with the opportunity to move on to positions of increasing responsibility within the Finance organization.

Essential Functions:

Maintain general ledger for US-based subsidiaries, including preparing, reviewing, and posting journal entries.

Review subsidiary results posted by Europe and Asia general ledger teams.

Record and reconcile intercompany transactions and balances.

Ensure timely and accurate intercompany invoicing and settlement.

Monitor intercompany accounts to identify and resolve discrepancies.

Collaborate with tax team to ensure compliance with transfer pricing regulations.

Prepare global consolidation of financial statements, ensuring intercompany eliminations are properly recorded.

Prepare monthly account reconciliations and resolve variances in a timely manner.

Identify and implement improvements to enhance efficiency and accuracy of accounting processes.

Ensure strong internal controls around accounting transactions and compliance with accounting policies.

Play lead role in cross-functional projects that impact accounting, such as new buy/sell structures.

Act as key point of contact for SAP troubleshooting and new functionality testing for accounting.

Knowledge, Skills, and Abilities:

Highest standards for accuracy and meeting deadlines

Excellent analytical and problem-solving skills

Ability to independently resolve challenging issues

Strong system skills and understanding of ERP data structures and processes

Strong interpersonal and communication skills

Ability to work cross-functionally and cross-regionally

Ability to work under pressure in a fast-paced, dynamic environment

Process improvement mindset

Minimum education and work experience required:

Bachelor’s Degree in Accounting

Computer Information Systems minor a plus

5+ years professional experience in Accounting organization

Intercompany accounting experience

SAP and strong Excel experience preferred

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