PHC Corporation of North America · 1 week ago
Senior Accountant
Wood Dale, IL
Full-time
Hybrid
Mid, Senior Level
$72K/yr - $85K/yr
5+ years expPHC Corporation of North America is seeking a highly motivated Senior Accountant to join their corporate accounting team. This role is crucial for supporting accurate financial reporting, driving process improvements, and ensuring compliance with U.S. GAAP and J-SOX.
Medical Device
Hiring Manager
Sophie Jung
Responsibilities
Perform vital accounting functions to ensure consistent compliance with Generally Accepted Accounting Principles and IFRS while maintaining accurate financial statements via the company’s ERP system
Responsible for the overall coordination and ownership of inventory management to maximize customer satisfaction and ensure smooth and timely internal communications with a variety of departments throughout the organization
Responsible for analytical scheduling pertaining to the company’s business plan and monthly forecasting to CFO
Prepare journal entries for Physical, in-transit and NRV for all inventory accounts
Review and approve coding of operating expenses
Prepare accruals and other adjusting entries
Reconcile sub-ledger to general ledger account balances
Maintain accurate account and data reconciliation including supporting sub-ledgers, journals, and other financial documentation within a cost efficient operation
Prepare/analyze GP margin per model report
Maintain rebates program
Identify and research account discrepancies
Define and post re-class entries as needed
Review general ledger accounts and correct journal entries
Perform accounting analysis, such as NRV, and inbound freight, but not limited to: Balance sheet accounts, expense and salary accruals, department expense analysis, prepaid and insurance, employee relocations, travel advances, etc
Assist in performing monthly balance sheet, income statement and changes in financial position/budget variance analysis
Prepare financial reports and related statements, charts, tables and other exhibits
Assist the CFO in the budget process, including analytical schedules
Assist the CFO in the forecast process, including monthly analytical schedules
Communicate with other departments in forecasting fixed expense
Participate in meetings, conferences and special projects in support of team objectives
Gather and prepare data as needed for monthly business meetings
Analyze sales data by region, customer, channel and time frame
Work with Business Management to recommend sales program initiative and improvements based on analyses
Reconcile sales data and financial data
Investigate inventory discrepancies and report and resolve issues
Manage landed cost – Check cost for FOB, Freight (ocean, air) and Customs are recorded properly in the ERP system
Inform warehouse and supply chain department regarding issues on stock transfer
Provide/review analysis for slow-moving/obsolete inventory to ensure timely disposition
Review inventory cycle counts at each warehouse
Generate/ Provide inventory reports by Cost Center and warehouse location
Advise management for any issues which will affect budgeted inventory turnover days
Interface with factory contacts to expedite, defer and cancel orders as appropriate
Ensure correct method of shipment is utilized and seek approvals for expedited freight charges in accordance with company policy
Collaborate with Sales, Accounting, Administration and Factory personnel as appropriate to resolve inventory concerns
Communicate with logistics, warehouse, supply chain department to confirm the receipts of goods
Produce reports for distribution to various departments for inventory availability and status
Review and maintain ERP master settings to optimize inventory levels, purchase order quantities and customer satisfaction
Calculate disposing % for inventory NRV
Lead the indirect state tax filing working with CCH to complete sales tax registrations for the rest of the states
Manage CCH sales tax filings for all 50 states and follow up with any discrepancies that arise
Ensures full compliance with Parent Company PHC Holdings policies, internal controls, and Sarbanes-Oxley Act
Ensures protection of company assets in all areas through front line knowledge and experience
Conduct initial internal control evaluations
Investigate, resolve or report to the accounting manager any inconsistencies or improprieties
Review and interpret accounting policies and procedures
Provide support with audits and special project
Qualification
Required
A Bachelor's Degree in Accounting is required with a minimum of 5-7 years cumulative professional accounting experience
The candidate should have a thorough working knowledge of accounting department functions
Microsoft Office skills including word, advanced excel (VLOOKUP, PIVOT TABLES, IF FUNCTION), power point
Proficient in Dynamics AX
Understanding of supply chain, customer forecast and over-all PSI (Purchase, Sales, Inventory) concepts
Ability to identify vendor needs, monitor satisfaction and act as the voice of the customer
Ability to effectively prioritize tasks and work independently
Ability to effectively communicate with business partners throughout the supply chain, including Sales, Sales Administration, Logistics, and Factories
Strong analytical ability and problem-solving skills
Planning and implementing skills
Benefits
Medical
Dental
Vision
401k
Holiday pay
Vacation
More
Company
PHC Corporation of North America
PHC Corporation of North America (PHCNA) is headquartered in Wood Dale, IL and manufactures and markets PHCbi brand laboratory equipment.
1001-5000 employees
Funding
Current Stage
Late StageLeadership Team
Joe LaPorte
Chief Innovation Officer
Murray Wigmore
Chief Commercial Officer (CCO) Head of business Development
Company data provided by crunchbase