ACCOUNTING MANAGER

Tower-Laboratorie; Centerbrook (CT); On-site; USD 90,000 - 120,000; Full time

Job summary

Tower Laboratories is a leading effervescent product manufacturer in the United States, seeking an Accounting Manager to oversee daily accounting operations, payroll, and related financial processes. You will work with the Controller to ensure accurate timely payments, GL entries, and internal controls.

Responsibilities include cost standard development, inventory analysis, tax filings, AP/AR oversight, and ERP system optimization.

Qualifications

• Minimum 5 yrs general accounting experience
• Minimum 3 yrs supervisory experience
• Comprehensive knowledge and understanding of accounting principles
• Strong computer skills with advanced knowledge of spreadsheet and accounting software
• Strong financial analysis skills
• Excellent attention to detail
• BS in Accounting or Finance with strong accounting background

Responsibilities

• Manage the day-to-day activities of accounting processes.
• Perform weekly payroll responsibilities including processing, reconciling and editing in coordination with Human Resources.
• Perform month and year-end general ledger entries and adjustments within area of responsibility.
• Develop standard costs; maintain and update annually using bills of material and budgeted labor and overhead rates.
• Create various inventory and cost analyses for management as needed.
• Prepare and balance amortization schedules, loans, prepaid expenses, etc.
• Prepare and file required IRS reports including Sales and Use Tax Returns, W2s, 1099s, etc.
• Review AP accuracy
• Oversee collection activities of AR
• Maintain and optimize cost accounting systems, BOMs, and variance analyses within SAGE ERP.
• Monitor AP purchasing process and train others who purchase by reinforcing delivery dates, negotiating terms for payments, shipments, GL account numbers, etc.
• Manage fixed assets
• Manage 401K contributions and reconciliation
• Assist annual audit preparation, tax schedules, and internal controls testing for GAAP compliance.
• Provide support for annual 401K audit preparation
• Assist with implementation of new SAGE ERP system as it relates to Accounting functions.
• Perform cost analysis: Track costs in SAGE ERP material, direct labor & variable manufacturing costs, in conjunction with Controller to submit weekly reports to management.
• Support company mission and values in all responsibilities.
• Perform other responsibilities as assigned.

Skills

General accounting knowledge

Supervisory experience

Financial analysis

Attention to detail

GAAP knowledge

Education

Bachelor's degree in Accounting or Finance

Tools

SAGE ERP

Excel

Job description

Tower Laboratories is a leading effervescent product manufacturer in the United States. We develop and manufacture over the counter medications, nutritional supplements, soft drink tablets, and other consumer products on a contract basis. We are continually expanding our effervescent product base and currently have several new and interesting products in the research and development phase. We are proud to be a family owned and operated company for the last 40 years. Visit www.towerlabs.com to learn more!

POSITION SUMMARY

The Accounting Manager is responsible for the overall and day-to-day management of Accounting functions, including payroll processing. This position will work closely with the Controller to develop, implement and ensure ongoing accurate timely payments to vendors, employees (etc.) and proper internal processing to GL accounts and documentation of same. The position serves as back up for Controller. Other accounting related tasks may be required in order to support the Accounting Team.

JOB FUNCTIONS

• Manage the day-to-day activities of accounting processes.
• Perform weekly payroll responsibilities including processing, reconciling and editing in coordination with Human Resources.
• Perform month and year-end general ledger entries and adjustments within area of responsibility.
• Develop standard costs; maintain and update annually (or as needed) using bills of material and budgeted labor and overhead rates.
• Create various inventory and cost analyses for management as needed.
• Prepare and balance amortization schedules, loans, prepaid expenses, etc.
• Prepare and file required IRS reports including Sales and Use Tax Returns, W2s, 1099s, etc.
• Review AP accuracy
• Oversea collection activities of AR
• Maintain and optimize cost accounting systems, BOMs, and variance analyses within SAGE ERP.
• Monitor AP purchasing process and train others who purchase by reinforcing delivery dates, negotiating terms for payments, shipments, GL account numbers, etc.
• Manage fixed assets
• Manage 401K contributions and reconciliation
• Assist annual audit preparation, tax schedules, and internal controls testing for GAAP compliance.
• Provide support for annual 401K audit preparation
• Assist with implementation of new SAGE ERP system as it relates to Accounting functions.
• Perform cost analysis: Track costs in SAGE ERP material, direct labor & variable manufacturing costs, in conjunction with Controller to submit weekly reports to management.
• Support company mission and values in all responsibilities.
• Perform other responsibilities as assigned.

SKILLS AND EXPERIENCE

• Minimum 5 yrs general accounting experience; preferably in a manufacturing environment
• Minimum 3 yrs supervisory experience
• Comprehensive knowledge and understanding of accounting principles
• Strong computer skills with advanced knowledge of spreadsheet and accounting software
• Strong financial analysis skills
• Excellent attention to detail
• BS in Accounting or Finance with strong accounting background

We are an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, pregnancy, age, national origin, disability status, genetic information, protected veteran status, or any other characteristic protected by law