Senior Accountant

Merck & Co.; Bridgewater (MA); On-site; USD 90,000 - 115,000; Full time

Job summary

Amneal is seeking a Senior Accountant focused on Inventory Accounting with manufacturing experience. You will participate in month-end close, reconciliations, and variances analysis, working with operations and finance to ensure inventory accuracy and adherence to SOX controls.

Responsibilities include preparing journal entries, reviewing reserves for LCM, and collaborating across supply chain, quality, logistics, and finance.

Qualifications

• Bachelor’s degree in Accounting/Finance required.
• 5+ years of accounting experience in a manufacturing environment.
• Strong understanding of inventory accounting, variances, and SOX controls.

Responsibilities

• Perform month-end close, post journal entries, reconcile accounts, and ensure SOX controls.
• Review inventory status and reserve for LCM, slow-moving, obsolete items and variances.
• Collaborate with cross-functional teams to ensure accurate inventory records.
• Develop and monitor KPIs and SOPs to improve controls and inventory processes.
• Support training and cross-functional initiatives to strengthen inventory management.

Skills

Inventory accounting

Financial analysis

Journal entries

SOX controls

Cross-functional collaboration

Variance analysis

Inventory management

Education

Bachelor's degree in Accounting/Finance

Master's degree in Accounting/Finance

Tools

ERP

MRP

General Ledger

Job description

The Senior Accountant will focus on all aspects of Inventory Accounting and possess a strong understanding of manufacturing, inventory reconciliations, and variance analysis. This position will play an integral role in manufacturing variances, E&O inventory, LCM calculations, flux analysis, journal entries, and SOX controls. The role will interact with management and internal/external auditors and will play a key role in month-end close activities, close procedures and audit requests. The position will also be involved in recurring and ad hoc analysis and requests. This role requires close collaboration with Operations, Quality, Logistics, Supply Chain, and other cross-functional teams to ensure inventory accuracy and support effective inventory management.

Essential Functions:

• Perform month-end close activities, including preparing and posting journal entries, completing reconciliations, ensuring SOX controls are met, and conducting financial analysis for the P&L and balance sheet
• Review inventory status regularly and recommend appropriate reserves in accordance with company policy, including for slow-moving, obsolete, excess inventory, lower of cost or market (LCM) adjustments, and inventory variances such as material, labor, and purchase price variances (PPV)
• Collaborate with cross-functional teams to research and resolve inventory-related issues and requests, ensuring inventory records remain accurate, timely, and reliable
• Establish additional controls across supply chain and finance functions, while identifying opportunities to improve existing controls and standard operating procedures (SOPs). Develop and track key performance indicators (KPIs) and operational metrics to monitor process effectiveness
• Support cross-functional initiatives and participate in training activities with related business areas to strengthen operational knowledge, promote collaboration, and enhance overall inventory management practices

Education:

• Bachelors Degree (BA/BS) Accounting/Finance - Required
• Master Degree (MS/MA) Accounting/Finance - Preferred

Experience:

• 5 years or more in Accounting experience in a manufacturing environment

Specialized Knowledge:

• Accounting knowledge in a manufacturing environment
• ERP/MRP/General Ledger

The base salary for this position ranges from $90,000 to $115,000 per year. In addition, Amneal offers a short-term incentive opportunity, such as a bonus or performance-based award, with this position within the first 12 months. Amneal ranges reflect the Company's good faith estimate of what Amneal reasonably believes that it will pay for said position at the time of the posting. Individual compensation will ultimately be determined based on a variety of relevant factors, including but not limited to, qualifications, experience, geographic location and other relevant skills.

At the heart of our Total Rewards commitment is a comprehensive, flexible and competitive benefits program for eligible positions that enables you to choose the plans and coverage that meet your personal needs. This includes above-market, diverse and robust health and insurance benefits to meet the varied needs of our employees as well as a significant 401(k) matching contribution to help our employees save for retirement. We also promote employee well-being with programs that help you enjoy your career alongside life's many other commitments and opportunities.