What are the responsibilities and job description for the Director of Accounting position at Meyer Lab?
Brief Description
Job Summary
Meyer lab is seeking a detail-oriented Director of Accounting. The Director of Accounting is responsible for overseeing and maintaining accurate company financial systems, processes and statements to include but not limited to profit and loss statement, cash flow statement, balance sheet, accounts receivable, and accounts payable. The Director of Accounting is responsible for treasury functions for the company, including banking, credit cards and all financing lines the company may utilize. In addition, compiling monthly, quarterly, and annual financial reports, successfully completing financial audits, directing the team members, and partnering with consultants (i.e., tax accounting firm, etc.) to manage other financial related work (taxes, payroll, etc.).
Essential Duties & Responsibilities
Meyer is a US-based chemical manufacturer focused on delivering customized industrial cleaning programs that address our customers’ most critical needs. Our commitment to providing tailored solutions, expert installation, and unmatched service has not changed in the 45 years we’ve been in business. Our substantial growth, innovative solutions and exceptional products have positioned Meyer as the industry leader – but what truly distinguishes us is our company culture, dedication to service, and effort we put into building relationships with our customers. Meyer is recognized among industrial, flexographic, food processing, transportation, and distribution center users as having value added, premium products and systems. Every individual we add to our team must embody our core values – People, Passion, Performance, Perseverance & Purpose. To learn more about our company, team, and core values, visit our website at www.meyerlab.com.
Join our team, apply today!
Meyer Lab is an Equal Opportunity Employer. We consider applicants for all positions without regard to race, color, religion, creed, gender, national origin, age, disability, marital or veteran status, sexual orientation, or any other legally protected status.
Job Summary
Meyer lab is seeking a detail-oriented Director of Accounting. The Director of Accounting is responsible for overseeing and maintaining accurate company financial systems, processes and statements to include but not limited to profit and loss statement, cash flow statement, balance sheet, accounts receivable, and accounts payable. The Director of Accounting is responsible for treasury functions for the company, including banking, credit cards and all financing lines the company may utilize. In addition, compiling monthly, quarterly, and annual financial reports, successfully completing financial audits, directing the team members, and partnering with consultants (i.e., tax accounting firm, etc.) to manage other financial related work (taxes, payroll, etc.).
Essential Duties & Responsibilities
- Assist the President, Chief Financial Officer and other members of the executive leadership team with gathering and analyzing data and reports to make timely financial decisions.
- Create and prepare weekly, monthly, quarterly, and annual financial reports such as profit and loss statements, cash flow statement, balance sheet, and forecasts to understand the financial state of the business, conducting analysis as needed.
- Continuously evaluate all accounting practices and implement process improvement initiatives that will deliver best practice processes.
- Ensure accounting processes operate within a strong internal control environment, minimizing risk.
- Ensure accounting practices meet all legal and regulatory requirements and compliance with Generally Accepted Accounting Principles (GAAP)
- Provide suggestions on how to reduce costs and maximize profits.
- Administer multi-state and international payroll activities in accordance with company policies and applicable federal, state, and local regulatory requirements
- Calculate and process all payroll adjustments, deductions, earnings, and garnishments.
- Analyze payroll data as required for new hire/termination reports, payroll tax reporting, insurance deduction, and 401K contributions.
- Manage the calculations, payment and reconciliation of the company’s commission programs.
- Monitor vendor payment agreements to find discounts that will yield savings for the company.
- Research and solve any accounting / financial issues.
- Participate in and manage special projects as assigned.
- Bachelor’s degree in accounting or finance with active CPA license
- Minimum of five years of work experience leading teams in accounting. Must have previous payroll experience.
- Solid knowledge of accounting and financial processes (budgeting, financial closure, reporting, etc.) including cost accounting principles as it relates to inventory valuation.
- Understanding of GAAP requirements for business combinations and experience with purchase accounting.
- Demonstrated analytical abilities and ability to quickly connect dots and summarize logical outcomes
- Demonstrated process improvement skills
- Ability to use Microsoft Office Suite (Word, PowerPoint, and Advanced Excel skills) and ERP system.
- Excellent communication skills (verbal and written).
- High performance leader and problem solver that is a self-starter with personal accountability and follow-through.
- Thrives in a fast-paced environment.
- Private Equity experience a plus
- Fantastic company culture with a work hard, play hard mentality
- More than 80% of Meyer employees report they are happy or extremely happy coming to work each day (2024 Employee Engagement Survey)
- Average Tenure for Meyer Employees is 6 years
- Comprehensive, hands-on training program
- Work in the field
- Competitive Benefits package
- Annual President’s Club trip for top performers
- 401(k) with company match
- Opportunity for career advancement with a rapidly growing company
- Occasional travel required.
- Desk and computer work required.
- Lifting required up to 50 lbs.
Meyer is a US-based chemical manufacturer focused on delivering customized industrial cleaning programs that address our customers’ most critical needs. Our commitment to providing tailored solutions, expert installation, and unmatched service has not changed in the 45 years we’ve been in business. Our substantial growth, innovative solutions and exceptional products have positioned Meyer as the industry leader – but what truly distinguishes us is our company culture, dedication to service, and effort we put into building relationships with our customers. Meyer is recognized among industrial, flexographic, food processing, transportation, and distribution center users as having value added, premium products and systems. Every individual we add to our team must embody our core values – People, Passion, Performance, Perseverance & Purpose. To learn more about our company, team, and core values, visit our website at www.meyerlab.com.
Join our team, apply today!
Meyer Lab is an Equal Opportunity Employer. We consider applicants for all positions without regard to race, color, religion, creed, gender, national origin, age, disability, marital or veteran status, sexual orientation, or any other legally protected status.