Times Microwave Systems
Accounting Manager Job at Times Microwave Systems in Wallingford
Times Microwave Systems, Wallingford, CT, US
Job Description
Job Description
Summary
The Accounting Manager will play a key role in overseeing the financial close process, managing internal controls, and ensuring the accuracy and compliance of our accounting functions. This position requires a strong understanding of accounting principles, technical accounting research skills, and the ability to lead and develop a team.
Essential Duties and Responsibilities
- Financial Close Process:
- Lead and manage the monthly, quarterly, and annual financial close process for Times North America while overseeing and reviewing the close process for Times China and Times India.
- Manage all reporting requirements for Amphenol HQ.
- Ensure timely and accurate preparation of financial statements in accordance with GAAP.
- Review and reconcile balance sheet accounts, ensuring all transactions are accurately recorded.
- Monitor and report on any discrepancies or issues that arise during the close process.
- Collaborate with other departments (e.g., Operations, Purchasing) to ensure completeness and accuracy of data.
- Internal Controls:
- Maintain strong internal controls over financial reporting, ensuring compliance with Amphenol policies.
- Monitor and review financial transactions to ensure adherence to internal controls and accounting policies.
- Coordinate withinternal and externalauditors to ensure accurate and timely audits.
- Identify opportunities for process improvements and efficiencies related to accounting and financial reporting.
- Tax Reporting:
- Oversee and ensure compliance with federal, state, and local tax reporting requirements.
- Prepare and review tax filings, including sales tax, property tax, and corporate income tax returns in conjunction with the Amphenol Tax Department.
- Assist in managing tax audits and address any issues related to tax matters.
- Technical Accounting:
- Utilize knowledge of U.S. GAAP to serve as resource for any technical accounting questions (e.g., revenue recognition, inventory valuation, etc.)
- Prepare memos summarizing company's accounting position around unique transactions.
- Team Leadership & Collaboration:
- Supervise and mentor a small team of accountants, providing training and development to improve their skills.
- Foster a collaborative environment with other departments, including operations, sales, and procurement, to improve financial processes and reporting.
- Assist senior leadership with ad-hoc financial reporting and analysis to support business decision-making.
- Other Duties:
- Assist in preparing annual budgets and forecasts.
- Ensure compliance with relevant accounting standards, tax laws, and regulations.
- Stay current on changes in accounting, tax laws, and financial reporting best practices.
Job Requirements
- 7+ years of progressive accounting experience, including at least 2 years in a managerial role, preferably in a manufacturing environment.
- Experience managing a monthly financial close process, including creating and posting recurring and one-time journal entries.
- In-depth knowledge of U.S. GAAP, financial reporting, internal controls, and tax compliance.
- Experience with large ERP systems (e.g., SAP, Oracle, NetSuite) and Microsoft Excel.
- Strong understanding of manufacturing accounting, including cost accounting and inventory management.
- Bachelor's degree in Accounting; Graduate degree in Accounting preferred
- CPA or CMA designation (preferred)
Times Microwave Systems is an equal opportunity employer M/F/D/V.