Accounting Manager; Manufacturing Experience

Position Summary

The Industrial Accounting Manager will provide accounting operations support and oversight of the compounding facility sites. This role is responsible for analyzing the key drivers for cost, managing cost accounting, inventory valuation, standard costing, and the accounting for the compounding facility sites, including partnering with the VP of Operations to optimize profitability of the compounding facilities.

This is a highly visible role that combines general accounting expertise with operational partnership, process improvement, and team leadership in a fast-paced manufacturing environment.

• Manage monthly, quarterly, and annual close processes for compounding facilities to ensure accurate and timely financial reporting.
• Prepare and analyze facility-level income statements, balance sheets, and financial performance reports for operations leadership.
• Prepare and review journal entries related to fixed assets, construction in progress, accruals, inventory, and other accounting activities.
• Ensure timely completion and accuracy of account reconciliations, including accounts payable, accounts receivable, fixed assets, inventory, and all balance sheet accounts.
• Drive continuous improvement initiatives, including ERP system enhancements and implementation projects such as Sage Intacct.
• Prepare, maintain, and update accounting policies and procedures for compounding operations.

• Calculate standard cost on an annual basis and monitor cost changes.
• Investigate and analyze variances in labor, materials and overhead and provide operational insights.
• Prepare complex journal entries including inventory, inventory reserves, and profit in inventory elimination entries.
• Reconcile general ledger accounts including all inventory accounts and reserve accounts, ensuring accuracy and completeness.
• Insure proper valuation of inventory in accordance with U.S. GAAP.
• Establish, observe, and monitor inventory controls including physical inventory counts and cycle counts to ensure compliance with internal controls and SOX.
• Track, identify and calculate reserves for slow moving, damaged, expired, and obsolete inventory.
• Safeguard compounding facility assets in accordance with GAAP and SOX.
• Partner with plant management to identify opportunities for cost savings and operational efficiencies to control costs.
• Assist with the forecasting and budgeting process for the compounding facilities including intercompany and third-party invoicing, cost of sales, operating expenses, and capital expenditures.

• Oversee Accounts Payable functions for the compounding facilities, ensuring timely and accurate invoice processing and vendor payments.
• Monitor AP controls, workflows, and vendor management processes.
• Oversee accounts payable vendor maintenance/onboarding activities, including collection and review of W-9s and completion of IRS TIN matching procedures for compounding facilities.
• Perform review and approval of vendor invoices to ensure appropriate coding, support, and authorization.
• Identify and implement process improvements within AP operations for compounding facilities.
• Review and approve weekly disbursement and payment runs.
• Ensure compliance with vendor onboarding, internal controls, and company approval policies.
• Assist with the review and approval of compounding facility disbursements.

• Support and maintain compliance with Sarbanes-Oxley (SOX) requirements and internal control frameworks.
• Document, review, and adhere to accounting processes and controls.
• Coordinate with internal and external auditors during quarterly and annual audits.
• Ensure adherence to U.S. GAAP, internal controls, and company accounting policies.
• Mentor, develop and supervise Cost Accountant and provide guidance.
• Collaborate cross-functionally with compounding facility management, IT, FP&A, Treasury, and external auditors.
• Drive continuous improvement initiatives across accounting and finance operations.

• Bachelor’s degree in accounting from an accredited…