Staff Accountant II

Role Summary

The Staff Accountant II is responsible for performing a variety of accounting and financial tasks to ensure accurate and timely financial reporting. This position supports the month-end close process, account reconciliations, general ledger maintenance, accounts receivable and accounts payable processing and assists with audits and compliance reporting. The Staff Accountant II serves as a key contributor to the finance team, bringing a solid understanding of accounting principles and the ability to work independently on moderately complex assignments.

Responsibilities

• Accounts Receivable: Oversee cash application and ensure timely posting of customer payments.
• Accounts Receivable: Assist with collection issues and notices. Follow up on outstanding receivables.
• Accounts Receivable: Perform cash reconciliations and resolve discrepancies.
• Accounts Receivable: Manage credits and coordinate with relevant teams for process improvements.
• Accounts Receivable: Monitor AR aging and prepare regular reports for management.
• Accounts Payable: Assist with vendor invoice processing and payment activities.
• Accounts Payable: Support reconciliation of vendor accounts and resolve payment issues.
• Cost Accounting & Inventory: Establish and maintain standard costs for products.
• Cost Accounting & Inventory: Perform cost roll-ups and maintain cost models for new and existing products.
• Cost Accounting & Inventory: Analyze cost variances (material, labor, overhead, purchase price).
• Cost Accounting & Inventory: Conduct margin analysis by product line, SKU, or batch.
• Cost Accounting & Inventory: Ensure accurate valuation of raw materials, WIP, and finished goods.
• Cost Accounting & Inventory: Calculate and report inventory reserves (slow-moving, obsolete, expired inventory).
• Month-End Close: Prepare and post journal entries, ensuring accuracy and proper documentation.
• Month-End Close: Perform monthly, quarterly, and annual account reconciliations for balance sheet and income statement accounts.
• Month-End Close: Support the month-end and year-end close processes to ensure timely completion.
• Month-End Close: Review and analyze general ledger accounts for accuracy and compliance with GAAP.
• Reporting & Analysis: Assist in the preparation of financial statements and management reports.
• Reporting & Analysis: Support financial audits and compliance initiatives.
• Reporting & Analysis: Assist with capital expenditure tracking and cost reporting.
• Collaboration & Process Improvement: Partner with operations to understand production inefficiencies and reflect these in cost structures.
• Collaboration & Process Improvement: Participate in process improvement initiatives and support training on revised procedures.

Qualifications

• Required: Bachelor‚Äôs degree in Accounting, Finance, or related field.
• Required: 3+ years of experience in accounts receivable, accounts payable, or cost accounting (manufacturing or pharma experience preferred).
• Required: Strong analytical and organizational skills.
• Required: Experience with ERP systems (SAP preferred).
• Required: Strong Microsoft Excel skills.
• Required: Excellent communication and problem-solving abilities.
• Required: Ability to work independently and collaboratively across teams.

Education

• Bachelor‚Äôs degree in Accounting, Finance, or related field.

Additional Requirements

• On-site presence in Massachusetts two to three days per week.