Associate Director, Transactional Accounting

POSITION SUMMARY:

The Associate Director, Transactional Accounting is responsible for the Organization’s financial transaction processing including Payroll, Accounts Payable (A/P) and Accounts Receivable (A/R). This position will manage the daily activities of the Payroll, Accounts Payable and Accounts Receivable staff.

DUTIES AND RESPONSIBILITIES:

• Provide oversight to the payroll, accounts receivable and accounts payable functions to ensure accuracy and timely processing. Perform thorough review of payroll registers, 401K contributions, invoicing, collections, check and ACH runs, wire support, settlement of intercompany transactions and accounting system data entry and reconciliation.

• Support staff in the resolution or remediation of any open issues or bottlenecks related to all aspects of financial transaction processing including employee payments, expense reports, credit cards, sales tax, collections, invoices and credit memos, three-way match variances and payment approvals.

• Establish and monitor staff performance and development goals, assign accountabilities, set objectives, establish priorities, conduct annual performance appraisals. Promote a culture of high performance and continuous improvement that values learning and a commitment to quality.

• Provide Tax Department with timely monthly, quarterly and annual information as required.

• Provide guidance and direction to staff for the purpose of maintaining organized and detailed financial accounting records and files to document transactions.

• Assist in identifying new solutions to achieve both efficient and best practices.

• Ensure accurate and timely reporting of transactional information to the VP of Finance pursuant to the pre-established close calendar.

• Ensure all Payroll, A/R, A/P and Treasury procedures, cash application, accounting system data entry, and reconciliations comply with internal controls, US GAAP and government or other audit requirements.

• Foster a work environment that is accountable to the business, encourages creativity, drives performance, and effectively develops key performers.

• Perform other duties as assigned.

EXPERIENCE AND QUALIFICATIONS:

• Bachelor’s degree in Accounting, Finance, Information Technology or related field.

• A minimum of eight years of progressively professional experience with responsibility for all facets of accounting.

• Two years of management experience.

• CPA preferred

KNOWLEDGE, SKILLS AND ABILITIES:

• Knowledge of accounting practices in accounts payable, accounts receivable, payroll, related journal entries, and account reconciliations.

• Strong knowledge of accounting fundamentals including US GAAP. Knowledge of Enterprise Resource Planning (ERP) systems including experience in designing and implementing system enhancements and process improvements. JD Edwards experience preferred.

• Solid leadership skills with demonstrated knowledge and understanding of staff management practices and processes and the ability to establish accountabilities and expectations and manage performance to achieve results.

• Excellent organizational, planning, and time management skills with the ability to manage multiple and often changing priorities while meeting time-sensitive deadlines and deliverables.

• Demonstrated capacity to lead and build strong teams as well as attract and develop exceptional talent. Ability to establish accountabilities, expectations and manage performance to achieve goals.

• Excellent communication skills with the ability to organize, present, and articulate ideas both verbally and in writing.

PHYSICAL DEMANDS:

While performing the duties of this job, the individual is frequently required to sit and stand for long periods. The individual is occasionally required to walk; use hands and fingers to operate, handle, or feel objects, tools, or controls; reach with hands and arms.

This position requires the ability to communicate and exchange information, utilize equipment necessary to perform the job, and move about the office.

WORK ENVIRONMENT:

This position is performed in a traditional office environment with a hybrid schedule possible.

COMPENSATION SUMMARY

The annual base salary for this position ranges from $116,600 to $177,800. This salary range represents a general guideline as MSD considers other factors when presenting an offer of employment, such as scope and responsibilities of the position, external market factors, and the candidate’s knowledge, skills, abilities, education and experience. Employees may qualify for a discretionary or non-discretionary bonus in addition to their base salary. These annual bonuses are intended to recognize individual performance and enable employees to benefit from the Company's overall success.

BENEFITS SUMMARY

At MSD, we offer a comprehensive benefits package to support our employees' well-being and financial security. In addition to competitive salaries, our benefits include medical, dental, and vision coverage, along with prescription benefits. We provide a 401(k) plan with company matching, flexible spending accounts, and company-paid short- and long-term disability insurance as well as group life and accidental death and dismemberment insurance. Our offerings also encompass paid vacation, paid sick leave, paid holidays, and paid parental leave, along with an employee assistance program. Additional voluntary perks include a fitness club membership contribution, pet insurance, identity theft protection, home and auto insurance discounts, and optional supplemental life insurance.

EEO/AA STATEMENT

MSD is an Equal Opportunity/Affirmative Action Employer. We are committed to fostering a diverse and inclusive workplace where all individuals are treated with respect and dignity. We welcome applications from all qualified candidates, making employment decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, genetic information, marital status, national origin, age, protected veteran status, pregnancy, disability status, or any other protected characteristic. For our full EEO/AA and Pay Transparency statement, please visit here. Meso Scale Diagnostics uses E-Verify to validate the work eligibility of candidates.