Senior Accountant

PURPOSE

The Senior Accountant plays a key role in the financial management of PWR. This position is responsible for managing and analyzing all aspects of manufacturing cost accounting, ensuring accurate financial reporting and compliance with industry standards and accounting standards. The ideal candidate will possess strong analytical skills, a deep understanding of manufacturing processes and accounting standards, and the ability to communicate complex financial data.

DUTIES AND ACCOUNTABILITIES

Financial Reporting:

• Preparation of statutory reporting, board reporting and preparation of accounting position papers applying applicable accounting standards.
• Prepare and analyze financial reports related to manufacturing operations and the consolidation of multiple local and overseas entities.
• Generate reports to support decision-making for management, including production performance, profitability, and operational efficiency.

Cost Accounting:

• Develop and maintain cost accounting systems for direct and indirect costs, including labor, materials, and overhead.
• Perform cost of goods sold variance analysis between actual and standard costs including interpreting key drivers.
• Assist in the creation of cost models for new and existing products.
• Track production costs and reconcile them against standards, identifying and explaining discrepancies.

Inventory Management:

• Oversee the valuation of inventory, including raw materials, work-in-progress, and finished goods.
• Conduct periodic inventory counts and reconcile with general ledger accounts.
• Ensure proper allocation of inventory costs across various products and cost centers.

Internal Controls and Compliance:

• Ensure that manufacturing financial processes and reporting are in compliance with internal controls, accounting policies, and regulatory requirements.
• Assist in the preparation of financial audits and ensure accurate and timely submission of required documentation.
• Recommend improvements to internal processes and procedures to enhance accuracy and efficiency.

Day to Day Accounting:

• Financial Reporting – assist in preparing the monthly financial reporting package as required.
• Audit Assistance – Assist with the internal and external audit reporting and responses
• Budgeting – Assist with the budget preparation, data upload and maintenance
• Daily – prepare the Daily Sheet and bank reconciliations
• Monthly – assist with balance sheet reconciliations, and month end procedures
• Accounts Payable – support with volume processing of accounts payable, filing of accounts, supplier master file management and set up of payments as required. Assist the Purchasing Manager with raising purchase orders and receipts as required.
• Accounts Receivable – follow up on payments, monitor credit limits, manage on hold accounts and allocation payments
• Payroll – Update pay records in the payroll system including pay rates, 401K, salary sacrifice, and medical insurance. Back up for running payroll if required.
• Payroll Reporting – Produce the weekly and monthly payroll reports for operations
• Fixed Assets – Maintenance and reconciliation of Fixed Assets to the General Ledger

Process Improvement:

• Identify and propose opportunities for process improvements related to cost control, reporting accuracy, and operational efficiency.
• Work closely with cross-functional teams, including production, procurement and FP&A, to implement best practices and improve cost structures.

Ad Hoc Analysis and Projects:

• Provide financial analysis and support for special projects, such as new product introductions, cost reduction initiatives, and process optimizations.
• Work with management to analyze financial performance and recommend actions to improve margins and profitability

KEY COMPETENCIES

Education:

• Bachelor’s degree in Accounting, Finance, or a related field.
• CPA, CA, CMA or similar credentials are required.

Experience:

• Minimum of 3-5 years of accounting experience within a complex manufacturing or production environment and beneficial to have mid-tier or Big 4 exposure.
• Strong knowledge of cost accounting principles, inventory management, and financial reporting.
• Experience with ERP systems (e.g., Syspro, Pronto or similar platforms) in a manufacturing environment.

Skills:

• Strong analytical and problem-solving skills.
• Advanced Excel skills (pivot tables, VLOOKUP, etc.).
• Ability to work under pressure and meet deadlines.
• Excellent attention to detail and organizational skills.
• Strong communication skills to collaborate with various departments and present financial data clearly.

If you have a proactive approach to managing the financial and accounting aspect of a growing company, and thrive in a dynamic, high-pressure environment, we want to hear from you!