Senior Accountant

Leads the costing activities for the Bloomfield location.  Maintains the integrity and accuracy of costing and inventory controls.  Ensures that costing and inventory controls activities are in accordance with the company standard practices, GAAP and SOX requirements. Partner with accounting, accounts payables and receivables execution and control.   Provide problem-solving expertise to financial and other areas of the plant, support operations and sales areas in business decisions with sound advice for costing and accounting aspects.

Partner with the finance team located in Bloomfield. Accountable in relevant aspects for supporting the Finance Director and local management team. 

Cost Accounting / Controlling (60%)

• Responsible for overall monthly cost closing process, valuation of raw material actual costs, work orders valuation including overhead absorption, maintenance of inventory perpetual, accounting and reconciliation in relevant aspects.
• Responsible for the identification and accounting for Slow Moving and Obsolescence items (considering company’s parameters), Lower of Cost and Market provision (LCM)
• Provide explanations for overhead spending variances, inventory variances and balance sheet inventory accounts questions.
• Review and approve cost accounting data related to raw material, labor, overhead and inventory.

• Work with other functional areas to analyze and provide cost information and plant KPIs.
• Analyze of transfer price and setting up and reviewing quarterly transfer price for intercompany transactions (post validation by tax team in the USA and KPMG in Brazil).
• Support physical inventory taken in relevant aspects and locations (plant and outside warehouses), assure analysis and explanation of variances are accomplished, and having the adjustments conducted and reconciled.
• Support budget preparation in Bloomfield
• Support Finance Director as assigned.
• Support for internal and external audit activities including physical inventory observation and take responsibility for follow up activities.

Financial Planning and Analysis (20%)

• Support the preparation of annual financial budget, generating production cost and prepare necessary supporting documentation and justification.
• Monthly review for COGS and operating expenses properly reviewed and significant overhead variances explained.

Tax Reporting (10%)

• Assist corporate tax department with income tax returns
• Support the review and preparation quarterly sales tax returns

Supporting Others (10%)

• Proactively work with other team members
• Supportive to improvement projects for the Finance Department