Financial Reporting Manager

Thorlabs; Newton (NJ); On-site; USD 160,000 - 180,000; Full time

Benefits offered by this job

Medical, dental and vision insurance

401(k) plan

Tuition reimbursement

Generous PTO

Job summary

Thorlabs in Newton, NJ is seeking an experienced accounting leader responsible for accurate domestic and consolidated financial statements, GAAP compliance, and monthly/annual close processes. The role focuses on cost control, GL analysis, and coordinating with global subsidiaries to prepare management reports and budgets, with exposure to D365, Atlas, and Power BI.

The candidate will drive improvements, ensure audit readiness, and support tax compilations while partnering with manufacturing

Qualifications

• 7-10 years related experience.
• Demonstrated experience consolidating multiple domestic and foreign subsidiaries.
• Familiar with a variety of accounting concepts, practices, and procedures.
• Operations management background in a manufacturing environment including production and inventory control helpful.

Responsibilities

• Responsible for complete domestic general ledger analysis.
• Identifies and implements cost reductions.
• Understands computer systems and information flow in a perpetual accounting system.
• Responsible for the accounting department closing checklist (monthly and annual).
• Provides guidance on accounting procedures and controls.
• Identifies when new general ledger accounts are needed.
• Completion and analysis of monthly domestic financial statements.
• Compilation of the monthly consolidated financial statements.
• Completes annual audited consolidation of domestic and foreign subsidiaries, including GAAP eliminations and workpapers.
• Compiles information for income tax returns and reviews completed returns.
• Compiles domestic and consolidated budgets and work papers.
• Preparation of management reports.
• Completes special projects as assigned.

Skills

Advanced Excel

GAAP knowledge

Financial statement analysis

Manufacturing cost control

Education

Bachelor's degree in accounting

CPA or master’s degree preferred

Tools

Microsoft D365 ERP

Atlas

Power BI

Job description

At Thorlabs, we design and manufacture components, instruments, and systems that transform the world by identifying, enabling, and accelerating key photonics (i.e., light-based) technologies. Backed by a dedicated workforce of more than 3,000 employees worldwide, Thorlabscontributes to cutting-edge research and real-world innovation.

Whether you’re early in your career or bringing years of experience, you’ll find opportunities to grow, take ownership, and make meaningful contributions from day one. We know every employee brings unique talents and perspectives that fuel our success, and we seek driven individuals who are excited to make an impact in a fun, fast-moving culture.

Responsible for accurate, timely and complete financial statement preparation and analysis, including general knowledge of transaction flows, measurement and recording. Although the location of the position is in Newton, NJ, from time to time it may be required to undertake duties at other Thorlabs locations.

• Responsible for ensuring a complete and accurate domestic general ledger analysis
• Identifies and implements cost reductions
• Understands computer systems and information flow in a perpetual accounting system
• Responsible for the accounting department closing checklist (monthly and annual)
• Provides guidance on accounting procedures and controls
• Identifies when new general ledger accounts are needed
• Completion and analysis of monthly domestic financial statements
• Compilation of the monthly consolidated financial statements
• Completes annual audited consolidation of domestic and foreign subsidiaries, including all GAAP eliminations, workpapers and external financial statements
• Compiles information and work papers for the preparation of income tax returns and reviews completed returns prior to submission
• Compiles domestic and consolidated budgets and work papers
• Preparation of management reports
• Completes special projects as assigned

Experience:

• 7-10 Years related experience
• Demonstrated experience consolidating multiple domestic and foreign subsidiaries
• Familiar with a variety of accounting concepts, practices, and procedures.
• Operations management background in a manufacturing environment including production and inventory control helpful

Education:

• A bachelor’s degree in accounting or a related field required
• CPA or master’s degree preferred

Specialized Knowledge and Skills:

• Microsoft D365 ERP system, Microsoft products
• Uses experience and judgment to plan and accomplish goals.
• Performs a variety of complicated tasks
• Advanced Excel skills are required.
• Knowledge of Atlas and Power BI a plus

The estimated pay range for this role is $160,000 - $ 180,000 annually

Thorlabs values its diverse environment and is proud to be an Equal Employment Opportunity/Affirmative Action employer. All qualified individuals will receive consideration for employment without regard to race, color, religion, gender, gender identify or expression, sexual orientation, national origin, genetics, disability, age or veteran status. Job descriptions are not intended as and do not create employment contracts. The organization maintains its status as an at-will employer. Employees can be terminated for any reason not prohibited by law.

Thorlabs offers a complete benefits package that includes medical, dental and vision insurance, company paid life insurance, a generous PTO package, a 401(k) plan, and tuition reimbursement just to name a few.