Assistant Manager- Finance
Integrated Resources Inc
Job title: Assistant Manager- Finance
Location: East Windsor, NJ
Duration: 3 Months+ Yearly Pay: $70000 on W2 Job Summary:
Coordination with President, Sales administration, Supply chain QA, regulatory departments and India team to support them in providing the relevant information. The position will support all of the management and financial accounting functions listed below:
Management Accounting
Financial Accounting
Revenue Recognition:
Inventory Management:
General Ledger Accounting:
Accounts Receivables:
Accounts Payables:
Qualification :
Location: East Windsor, NJ
Duration: 3 Months+ Yearly Pay: $70000 on W2 Job Summary:
Coordination with President, Sales administration, Supply chain QA, regulatory departments and India team to support them in providing the relevant information. The position will support all of the management and financial accounting functions listed below:
Management Accounting
- Prepares and reports monthly MIS reports for internal management.
- Prepares quarterly and annual financial statements.
- Quarterly and Annual audits
- Assisting the operations team in the Monthly Operations Review, identification of areas for cost reductions and operational improvements, annual budget process, periodic forecasting, and periodic analysis of operations performance
- Perform all other duties as assigned and required.
Financial Accounting
Revenue Recognition:
- Good Experience in Gross to Net Calculation and ensure the accurate revenue recognition
Inventory Management:
- Coordinate with Plant team to ensure accurate records of inventory levels, including incoming and outgoing shipments.
- Monitor inventory levels and initiate orders or production to replenish stock to meet customer demand while avoiding overstock situations.
- Analyze inventory data and trends to forecast demand, identify slow-moving or obsolete items, and make recommendations for inventory optimization.
- Conduct regular audits to verify accuracy of inventory records, investigate discrepancies, and implement corrective actions.
- Identify inefficiencies in inventory management processes and propose and implement improvements to streamline operations.
- Assist the auditors and corporate team in physical verification of inventory
General Ledger Accounting:
- Reconciliations
- Budget vs Actuals
- GL Review
- month end closing
- Record, maintain, post and reversal of the monthly journal entries.
- Maintain detailed listings of the contents of all balance sheet accounts.
- Assist auditors with journal entry examinations.
- Assist in the production of financial statements.
- Provide supporting documentation for audits.
Accounts Receivables:
- Review chargebacks & rebates along with shared service team.
- Prompt Payment Discount reconciliation
- Sales returns coordination
- Medicaid
- Continuous monitoring of customer agreements
- Ensure timely collection from customers
Accounts Payables:
- Daily coordination with Global Shared Service based out of India.
- Support shared service team in obtaining proper approvals, providing supporting documents, guiding relevant GL codes & Dept codes.
- Scanning the supporting documents and forwarding them to shared service team.
- Cut checks, get it approved and mail checks to vendors.
- Ensure timely payment to vendors per the contract
- Ensure validation of invoices per contract terms
- Review open PO periodically and take timely action
- Reconcile AP Aging with GL
- Support Shared service team in expenses re-imbursements, on time payment to employees.
- Coordinate with sales team, R&D and other teams in getting approvals and clarifications.
Qualification :
- BA with 10 plus years accounting experience
- CA/CPA Preferred
- Experience with Oracle (preferred)
- Knowledge in Pharma (preferred)
Vacancy posted 4 days ago
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