Accounting Manager

Job Description

COMPANY DESCRIPTION

Founded in 1934, Micro Essential Laboratory Inc. (“MEL”) is a leading provider of sanitizer, pH, and disinfecting testing solutions serving food safety, healthcare, life science, industrial, and education industries. Known for its quality and reliability of testing solutions, MEL prides itself on solving customer needs through both branded and private label products. MEL is one of the only U.S. based providers of testing applications.

MEL is headquartered in Brooklyn, NY and has approximately 50 employees. Based on the compelling value proposition of its industry leading products, MEL has an exceptional margin profile.

PURPOSE AND RESPONSIBILITIES

Reporting to the VP, Finance, the Accounting Manager will run day-to-day accounting at MEL: the monthly close, the general ledger and subledgers, inventory and cost accounting, and the reconciliations and schedules behind the company’s financial statements. This is a hands-on role in a company that is growing its finance and accounting function.

The Accounting Manager will own the close process and accounts payable, keep perpetual inventory and product costing running on a monthly routine with operations, prepare the company’s schedules for its annual audit, and serve as the key accounting user on a new ERP implementation. As the company grows, including through acquisitions, the role will expand to multi-entity accounting and consolidation.

JOB DESCRIPTION

Owns

• Month-end and year-end close on a defined calendar: journal entries, accruals, prepaids, and balance sheet account reconciliations, delivered complete and on time for management and lender reporting.
• General ledger and chart of accounts, with transactions recorded accurately on an accrual basis under U.S. GAAP.
• Accounts payable: invoice review and coding, vendor setup and master data, payment runs prepared for VP, Finance approval, and year-end 1099s.
• Inventory and cost accounting: perpetual inventory records, reconciliation of physical counts to the ledger, standard costs and bill of materials costing maintained with operations, and monthly COGS and variance analysis.
• Fixed asset register and depreciation.
• Multi-state sales and use tax filings and other recurring compliance filings, working with outside advisors.
• Audit schedules and PBC items; day-to-day contact for the audit team during fieldwork.
• Written accounting policies, procedures, close checklist, and documentation of internal controls.

Supports

• Reconciliation of billing and cash receipts to the general ledger, working with the accounts receivable team, and review of the AR aging and reserves.
• Supporting schedules and analysis for the monthly reporting package and for board, lender, and covenant reporting prepared by the VP, Finance.
• Annual budget and forecasts, with historical data and cost detail.
• ERP implementation as the key accounting user: chart of accounts mapping, data migration from QuickBooks Online, master data, testing, and dry runs; then day-to-day accounting processes in the new system.
• Accounting integration of acquired businesses.
• Ad hoc analysis for the VP, Finance and the leadership team.

PROFESSIONAL QUALIFICATIONS

The ideal candidate is a hands-on accountant who has run a monthly close in a manufacturing or product company and is comfortable building and documenting process in a growing business. They work well with operations and production teams and take ownership of deadlines.

• 5+ years of progressive accounting experience, including at least two years in a manufacturing, CPG, food, chemical, packaging, or other product company, or in public accounting with manufacturing clients.
• Hands-on ownership of a monthly close, account reconciliations, and accrual accounting under U.S. GAAP.
• Inventory and cost accounting experience: standard costing, bills of materials, physical counts, COGS, and variance analysis.
• CPA or CPA track preferred; public accounting experience and experience supporting an annual financial statement audit a strong plus.
• Experience with a mid-market ERP (NetSuite, Business Central, Acumatica, or similar) and with QuickBooks Online; participation in an ERP implementation, including data migration and testing, strongly preferred.
• Advanced Excel.
• Multi-state sales and use tax and multi-entity or consolidation experience a plus.
• Detail oriented and organized, with a reputation for getting things done accurately and on time.
• Clear written and verbal communication, with tact and discretion.
• Fully in-office role in Brooklyn, NY, five days per week.
• Compensation range based on relevant experience is $130,000 - $150,000.

Micro Essential Laboratory Inc an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability, or veteran status.