What are the responsibilities and job description for the Senior Accountant position at Microvast?
Senior Accountant - General Ledger & Corporate
Are you ready to be part of a company that's not just talking about the future, but energetically shaping it? Join the Microvast Team (NASDAQ: MVST), a technology innovator that designs, develops and manufactures lithium-ion battery solutions. Founded in 2006 and headquartered in Stafford, TX, Microvast is renowned for its cutting-edge cell technology and its vertical integration capabilities which extend from core battery chemistry (cathode, anode, electrolyte, and separator) to battery packs. By integrating the process from raw material to system assembly, Microvast has developed a family of products covering a broad breadth of market applications. More information can be found on the corporate website: www.microvast.com
If you’re ready to be part of a company that’s not just adapting to change, but driving it, Microvast is the place for you. Apply now and electrify your career with a true leader in the global energy transformation.
Job SummaryThis role is a specialist position responsible for leading the monthly, quarterly, and annual financial close process, including the preparation and review of journal entries, account reconciliations and financial statements in the U.S. The Senior Accountant oversees the consolidation of financial results for all U.S. entities, interprets and analyzes financial trends, and provides meaningful analysis to support leadership decision making. The role is directly responsible for managing the accounts receivable and collections processes and serving as the primary liaison for internal and external audits, and collaborating with tax teams to meet statutory and governance obligations. This position acts as a critical link between operational data and executive reporting, contributing to forecasts, streamlining reporting processes, and providing ad hoc financial support to advance key business priorities.
Primary Responsibilities- Lead the preparation and review of all financial statements and supporting schedules for U.S. operations, including monthly, quarterly, and annual results.
- Lead and execute the monthly, quarterly, and annual financial close process, including preparing and reviewing complex journal entries, accruals, and adjustments.
- Prepare and/or review detailed and complex balance sheet reconciliations, including but not limited to cash, prepaid expenses, accruals, intercompany, accounts payable, accounts receivable, and payroll accounts.
- Support consolidation activities, with expertise in foreign currency translation, intercompany reconciliations, and eliminations.
- Manage the full fixed asset and capital expenditure accounting lifecycle, including tracking capital projects, monitoring CIP balances, processing asset capitalization, and maintaining fixed-asset ledgers and depreciation schedules.
- Support the inventory and cost accounting functions, assisting with inventory reconciliations, cycle count controls, bill of materials reviews, and analysis of production variances.
- Oversee all billing processes and accounts receivable collections to ensure timely and accurate cash flow.
- Ensure adherence to SOX controls and serve as the primary liaison for internal and external audits, coordinating documentation for financial and regulatory compliance.
- Collaborate with external tax advisors and internal teams to coordinate and fulfill all required tax documentation requests.
- Prepare and present internal management reports, such as regional weekly reports and in-depth variance analysis of Sales, COGS, and operational expenses.
- Identify and implement opportunities to strengthen internal controls, streamline accounting processes, and participate in ERP/SAP implementation and enhancement projects.
- Support the preparation and analysis of company-wide forecasts and budgets, and perform ad hoc financial analysis as needed by leadership.
- A bachelor’s degree in accounting is required, a Master’s Degree in Accounting or MBA preferred.
- A CPA license is strongly preferred.
- A minimum of 6 years related accounting experience; with a background in U.S. GAAP, SOX, and large-scale general ledger systems.
- 2 years of experience in auditing with a public accounting firm highly desired.
- Proven expertise in consolidations, accounting, and reporting in a multi-legal entity public company organization.
- Analytical, with strong orientation to detail and high degree of accuracy.
- Advanced Excel skills required.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and present complex financial information to non-financial stakeholders.
Expected Compensation
Annual salary bonus and stock awards benefits
Pay offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. The total compensation package for this position may also include other elements dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
Applicants for employment at Microvast must be a U.S. citizen or national, U.S. permanent resident (i.e. current Green Card holder), or lawfully admitted into the U.S. as a refugee or granted asylum.
Microvast is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to any factor, including veteran status and disability status, protected by applicable federal, state or local laws. Microvast is also committed to working with and providing reasonable accommodations to individuals with disabilities. Please let your recruiter know if you need accommodation at any point during the interview process.
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