Senior Accountant

Synerfac Technical Staffing

Mahwah, NJ

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JOB DETAILS

SALARY

$100,000–$115,000 Per Year

JOB TYPE

Employee

SKILLS

Accounting, Accounting Close, Accounting Policies, Accounting Software, Analysis Skills, Automotive Engineering, Automotive Industry, Balance Sheet, Bill of Materials (BOM), Budgeting, Communication Skills, Corrective Action, Cost Accounting, Cost Analysis, Cost Control, Cost of Goods Sold (COGS), Decision Support, Detail Oriented, Documentation, ERP (Enterprise Resource Planning), Finance, Financial Audit, Financial Modeling, Financial Operations, Financial Planning, Financial Reporting, Forecasting, General Ledger Accounting, Gross Margin, Interpersonal Skills, Inventory Costing, Inventory Costs, Inventory Cycle Counts, Inventory Management, Inventory Reports, Inventory Transactions, Journal Entries, Leadership, Machining Operations, Manufacturing, Manufacturing Analysis, Manufacturing Cost, Manufacturing Operations, Manufacturing/Industrial Processes, Material Audit, Microsoft Excel, Microsoft Office, Multitasking, Operational Support, Organizational Skills, Performance Metrics, Physical Inventory, Policy Development, Problem Solving Skills, Procedure Development, Process Development, Process Improvement, Product Costing, Production Costing, Profit & Loss, Profit & Loss Analysis, Purchase Orders, Reconciliation, Root Cause Analysis, Shipping/Receiving, Standard Costing, Support Documentation, Time Management, Variable Costs, Variance Analysis, Warehousing

LOCATION

Mahwah, NJ

POSTED

8 days ago

A technology-focused firm specializing in high-performance suspension systems and components, primarily serving the motorsports and automotive industries. The company is known for engineering advanced shock absorbers and custom solutions designed to enhance vehicle handling, durability, and overall ride performance.

Position Summary:
The Senior Accountant is responsible for supporting all core accounting and finance functions with a strong emphasis on cost accounting, inventory accounting, financial reporting, and internal controls within a manufacturing environment. This role is responsible for the accuracy and integrity of product costing, inventory valuation, cost of goods sold (COGS), manufacturing variance analysis, and monthly financial close activities.
The Senior Accountant will serve as a key financial partner to Operations and Production by providing detailed cost analysis, identifying cost-saving opportunities, improving manufacturing cost visibility, and supporting operational decision-making. The ideal candidate is analytical, detail-oriented, hands-on, and capable of operating effectively in a fast-paced manufacturing environment.
Essential Responsibilities:
Cost Accounting & Manufacturing Finance
* Lead all cost accounting functions for the organization including standard costing, inventory valuation, manufacturing variances, and overhead allocations.
* Maintain and analyze product costing structures including labor, machine rates, burden, overhead absorption, and raw material costs.
* Analyze manufacturing variances including labor efficiency, material usage, scrap, overhead absorption, and purchase price variances.
* Develop and maintain accurate standard costs and review standards regularly to ensure alignment with operational and financial objectives.
* Partner with Operations and Production leadership to identify cost reduction opportunities and improve manufacturing efficiencies.
* Provide detailed margin analysis by product line, customer, job, and manufacturing process.
* Prepare detailed analytical reports related to production performance, cost drivers, and profitability.
* Perform root cause analysis on manufacturing and inventory variances and recommend corrective actions.
* Monitor and report on production rates, labor utilization, machine utilization, and operational performance metrics.
* Support annual budgeting, forecasting, and financial planning activities related to manufacturing operations and product costing.
Financial Close & General Accounting
* Ensure the timely, accurate, and complete execution of month-end close activities related to inventory, inventory reserves, manufacturing costs, and COGS in accordance with reporting deadlines.
* Prepare and post journal entries, account reconciliations, roll-forwards, and supporting schedules.
* Maintain and reconcile general ledger and subsidiary ledger accounts.
* Responsible for Balance Sheet account reconciliations and supporting documentation.
* Analyze monthly Profit & Loss variances and provide detailed explanations to management.
* Prepare monthly KPI and operational financial reporting packages.
* Monitor general ledger accounts for accuracy and reasonableness and investigate discrepancies.

Inventory Accounting & Control
* Manage all inventory accounting functions including inventory transactions, inventory reserves, gross margin analysis, and variance reporting.
* Post and validate inventory transactions to ensure accurate inventory costing.
* Process production reports using actual bills of materials (BOMs) for manufactured production batches and finished goods.
* Review aged, damaged, excess, and on-hold inventory and partner with Operations to resolve inventory issues in a timely manner.
* Prepare and analyze inventory reserve calculations during accounting close periods.
* Coordinate, lead, and participate in cycle counts and physical inventories.
* Reconcile physical inventory to perpetual inventory records and investigate discrepancies.
* Initiate warehouse cycle counts when discrepancies cannot be resolved through standard investigation procedures.
* Review supporting documentation including purchase orders, receiving reports, bills of lading, and inventory records for completeness and accuracy.

Internal Controls & Process Improvement
* Maintain and monitor a strong internal control environment related to inventory, cost accounting, and financial reporting.
* Recommend improvements to accounting policies, procedures, manufacturing controls, and operational reporting.
* Assist with implementation and enhancement of ERP/accounting systems and related costing methodologies.
* Support financial audits by preparing schedules, documentation, and audit support materials.
* Assist in developing process improvements to enhance accounting accuracy, inventory integrity, and operational efficiency.

Qualifications:
* Bachelor"s degree in Accounting and/or Finance required.
* Minimum 5 years of progressive accounting and finance experience within a manufacturing environment.
* Minimum 3 years of direct experience in cost accounting, inventory accounting, or manufacturing finance.
* Strong understanding of standard costing methodologies, inventory controls, manufacturing accounting, and financial reporting.
* Experience supporting month-end close and financial audit processes.
* Experience with ERP/MRP systems required; experience with Made2Manage preferred.

Skills & Competencies
* Strong knowledge of manufacturing cost accounting principles and inventory valuation methodologies.
* Advanced analytical and financial modeling capabilities.
* Advanced Microsoft Excel skills and proficiency with Microsoft Office Suite.
* Strong attention to detail and accuracy.
* Excellent communication and interpersonal skills.
* Ability to manage multiple priorities in a fast-paced manufacturing environment.
* Strong understanding of BOM structures, labor reporting, overhead allocation methodologies, and variance analysis.
* Ability to identify process inefficiencies and implement cost improvement initiatives.
* Strong organizational, documentation, and problem-solving skills.
* Sound judgment and decision-making abilities.
* Ability to work independently and collaboratively across departments.

ADDITIONAL REQUIREMENTS:
United States Citizen or Permanent Resident required

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About the Company

Synerfac Technical Staffing

HEADQUARTERS

Parsippany, NJ, USA

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