Senior Accountant

This is an on-site position.

Shift: Monday-Friday 8:00am-4:30pm

The typical pay range for this role: $80,000-$110,000. This role is also eligible for our 5% quarterly bonus target.

This pay range reflects the base hourly rate or annual salary for positions within this job grade, based on our market-based pay structures. Actual compensation will depend on factors such as skills, relevant experience, education, internal equity, business needs, and local market conditions. While the full range is shared for transparency, offers are rarely made at the minimum or maximum of the range.

This position includes a comprehensive benefits package that includes:

• Insurance:
  Medical, dental, vision, life and disability plans.
• Other Benefits Include: 401(k) with company match, PTO, holidays, and paid parental leave.

Who is Velosity?

Velosity Brooklyn Park is a cutting-edge medical parts manufacturer that enhances speed and cuts costs by engineering efficient processes.

At Velosity, our culture & values are our competitive advantages. Engrained in everything we do are our values of Collaboration, Results-Driven, Continuous Improvement, Integrity, and Customer Satisfaction. Sound like you? Apply to join our team today.

What You'll Love about Velosity:

• Excellent benefits package including medical, dental, life insurance, short term and long term disability, flex spending, 401k match, and MORE!
• Generous PTO offerings & 9 paid holidays annually
• Clean, friendly, and air-conditioned work environment
• Great opportunities for growth & advancement
• Quarterly bonus opportunity
• A family centric environment that hires and develops talent based on our values
• Casual Dress Code

Essential Duties:

• Own, prepare and post recurring and non-recurring journal entries including accruals, prepaids, deferrals, payroll, fixed assets and inventory adjustments.
• Complete timely and accurate balance sheet reconciliations and roll forwards; investigate and resolve reconciling items.
• Support intercompany eliminations, consolidation adjustments and month-end reporting deliverables
• Ensure the monthly close is completed within PE-aligned timelines (5-day close).
• Calculate inventory reserves (E&O, slow-moving, obsolescence) and document methodology and assumptions.
• Support cycle count program execution, variance investigation, and root-cause analysis.
• Track construction-in-process (CIP), record asset placements and maintain fixed asset registers.
• Calculate depreciation and ensure accurate capitalization in accordance with US GAAP and company policies.
• Partner with operations and engineering to validate project costs and close out capital projects.
• Assist with analysis of manufacturing variances (material, labor, overhead, PPV, usage, efficiency) and partner with Operations to identify root causes and corrective actions.
• Monitor standard vs actual costs and maintain accuracy of BOMs, routings and labor/overhead rates in the ERP system.
• Perform annual standard cost updates.
• Maintain inventory valuation integrity, including transaction flow review and reconciliation of raw materials, WIP and finished goods.
• Troubleshoot transactional issues (WIP variances, BOM errors, production reporting inconsistencies).
• Maintain and enhance internal control documentation; support control testing and audit readiness.
• Assist with the preparation, data and support gathering, schedule creation and other tasks required for the annual financial statement audit and tax filings.
• Perform daily cash application and ensure accurate matching of receipts to customer invoices.
• Research unapplied cash, chargebacks, and short-pays; partner with AR and Customer Service on resolution.
• Responsible for monthly sales and use tax reporting.
• Strengthen related controls and documentation, identify opportunities for automation.
• Ensure compliance to US GAAP and internal accounting policies
• Participate in operational meetings to provide cost insights and trends.
• Improve reporting tools and workflows to increase efficiency and accuracy.
• Drive improvements that reduce risk, improve accuracy, and increase reporting speed.
• Serve as subject matter expert for Epicor ERP related to costing, inventory and financial modules.
• Lead or support ERP enhancements, testing and process automation projects.
• Assist FP&A with monthly results analysis, flash reporting and management reporting packages as needed.

Qualifications:

• 5-8+ years of progressive accounting experience, with strong manufacturing cost accounting experience required.
• Strong knowledge of US GAAP, standard cost methodology, inventory accounting and variance analysis.
• Epicor ERP experience strongly preferred; advanced Excel capabilities
• Strong analytical and problem-solving skills;…