Manager of Accounting, Manufacturing and Operations

Role Summary

Manager of Accounting (Manufacturing and Operations) at Richmond, VA headquarters. This role supports inventory accounting with internal factories and third-party contract manufacturing organizations (CMO) as well as general accounting for operating expenses/business functions.

Responsibilities

• Provide strategic financial leadership, coaching, and direction to Supply team members to achieve optimal business results and best practices regarding supply accounting (including monthly reconciliations of SAP to CMO reports).
• Coordinate all supply chain period-end closing activities with support from the business and global supply operations resources to ensure timely completion of assigned tasks, including identification and resolution of unusual items and issues in a timely and accurate manner.
• Preparation of all period-end closing entries related to 1) Supply Chain inventories (raw materials, semi-finished goods and finished goods) 2) Inventory reserves and 3) COGS.
• Coordinate and ensure that inventory reserves are accounted for cross-company for future finished goods intercompany sales based on current supply and operations production forecasts in line with regional sales forecasts.
• Prepare monthly balance sheet reconciliations and internal control documentation related to all supply chain inventory accounts to ensure timely performance of reconciliations and adequate supporting documentation within the Blackline and SOXHUB systems.
• Interface with Global accounting partners to ensure proper and timely processing of intercompany transactions related to intercompany inventory movements.
• Annually, prepare inventory standards and ensure proper reflection of the revaluation of standards and subsequent impacts to the P&L.
• Review of annual standard calculations to ensure proper costing for cost to group, profit in stock, transfer prices and intercompany selling prices.
• Maintain full ownership of the calculation and set-up of purchasing information records, transfer prices and intercompany sales prices within SAP.
• Provide monthly COGS actuals, tracking and bridge analyses. Additionally, support budgeting process for COGS.
• Serve as liaison for all internal and external supply chain accounting inquiries and processes subject to audit.
• Coordinate with external and internal auditors to ensure timely completion of audit requests, and aid in the research and analysis of audit issues raised.
• Improve core controllership processes for global supply chain accounting by identifying gaps in Supply Chain accounting processes and establishing process improvements across all product lines within Supply chain in conjunction with internal global supply operations resources and the external CMO teams.
• Partner with internal supply chain management team, site operations teams, Global accounting teams and FP&A in order to support business initiatives by understanding context, providing ideas and insights, partnering on creating processes that scale, and providing accounting guidance as needed.
• Review and document approvals of general accounting entries related to operating expenses.
• Support tax inquiries and reporting as needed quarterly and annually.

Qualifications

• Required: Bachelor’s degree in accounting or finance
• Required: 10+ years accounting experience
• Required: Below 10% domestic travel
• Preferred: SAP experience

Skills

• Ability to interact successfully within finance and cross-functionally, including influencing business leaders
• Strong oral and written communication skills
• Ability to multi-task and re-prioritize as necessary
• Analytical and detail-oriented
• Able to perform within tight deadlines in a fast-paced environment
• Strong desire for continuous improvement; willingness to challenge status quo
• Proficiency with Microsoft 365 (Excel especially)

Education

• Bachelor’s degree in accounting or finance