Senior Accountant

Vaco by Highspring; Salem (MA); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Vision benefits

401(k) retirement plan

Job summary

A leading financial services firm is seeking a Senior Accountant for their Salem, MA office. The role involves managing cost roll-ups, analyzing production costs, and preparing monthly financial reports. Candidates should have a Bachelor's degree in Accounting or Finance, with at least five years of experience in a manufacturing environment. Proficiency in Microsoft Excel and understanding of GAAP are essential. This position offers competitive compensation including bonuses and benefits.

Qualifications

• Minimum of five years of progressive accounting experience, preferably in a manufacturing environment.
• Strong knowledge of GAAP and IFRS.
• Excellent analytical and problem-solving skills.
• Familiarity with SOX compliance requirements.
• Familiarity with SOX compliance requirements.

Responsibilities

• Maintain and update cost roll‑ups in the ERP system.
• Analyze production costs and monitor material, labor, and overhead allocations.
• Partner with Operations to assess inventory controls.
• Prepare journal entries and validate postings during month-end close.
• Prepare monthly financial packages including income statements and balance sheets.
• Assist with year-end audit procedures.
• Financial reporting: prepare monthly statements, balance sheets, and P&L analysis.
• Audit support: assist with year-end procedures and inventory counts.
• Special projects: support system upgrades and new reporting initiatives.
• Reporting & analysis: provide ad hoc reports as needed.

Skills

Cost Management

Manufacturing Cost Analysis

Inventory Control

Project Costing

Month-End Close

Financial Reporting

Audit Support

Reporting & Analysis

Education

Bachelor's degree in Accounting or Finance

Tools

Microsoft Excel

Microsoft Word

MAS500

Job description

We are seeking a strategic and hands‑on Senior Accountant to join our client's team.

Requirements

• Cost Management: Maintain and update cost roll‑ups in the ERP system to ensure accurate inventory valuation and standard cost settings.
• Manufacturing Cost Analysis: Compare standard costs to actual production costs, analyze Bills of Material (BOM), and monitor material, labor, and overhead allocations. Perform purchase price variance analysis, reconcile discrepancies, and review manufacturing efficiencies, spending variances, product costs, inventory trends, and capacity utilization. Update and analyze product margins and cost variances.
• Inventory Control: Partner with Operations to assess inventory controls and oversee monthly cycle count programs to confirm inventory accuracy.
• Project Costing: Develop and maintain cost estimates for projects such as new product launches or revisions, collaborating with cross‑functional teams.
• Month‑End Close: Prepare journal entries and validate postings in the financial system during monthly close.
• General Ledger Oversight: Review daily accounting activities, including postings and sales analysis.
• Financial Reporting: Prepare monthly financial packages, including income statements, balance sheets, and P&L analysis.
• Audit Support: Assist with year‑end audit procedures, including preparing work papers and supporting physical inventory counts.
• Special Projects: Contribute to system upgrades, new reporting initiatives, and other ad hoc projects.
• Reporting & Analysis: Provide ad hoc reporting and analysis as needed.

Qualifications

• Bachelor's degree in Accounting, Finance, or equivalent experience.
• Minimum of five years of progressive accounting experience, preferably in a manufacturing environment.
• Strong knowledge of GAAP and IFRS.
• Proficiency in Microsoft Excel and Word; MAS500 experience preferred.
• Excellent analytical and problem‑solving skills.
• Familiarity with SOX compliance requirements.

Determining compensation for this role (and others) at Vaco/Highspring depends upon a wide array of factors including but not limited to the individual's skill sets, experience and training, licensure and certifications, office location and other geographic considerations, as well as other business and organizational needs. With that said, as required by local law in geographies that require salary range disclosure, Vaco/Highspring notes the salary range for the role is noted in this job posting. The individual may also be eligible for discretionary bonuses, and can participate in medical, dental, and vision benefits as well as the company's 401(k) retirement plan.