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Senior Accountant

Company: Morgan Advanced Materials
Location: Fostoria
Posted on: June 12, 2021

Job Description:

Overview

Morgan Advanced Materials is a world leader in advanced materials science and engineering of ceramics, carbon and composites. We operate in a series of well-defined markets where our applications expertise offers our customers a valuable differentiator, engineering high-specification materials, components and sub-assembly parts that solve their challenging technical problems.

The Electrical Carbon Business of Morgan Advanced Materials designs and manufactures a broad range of high performance solutions for rotary transfer systems, linear transfer systems and electrical carbon systems.

Group Key Figures: Revenue 1b, ~9,000 employees, manufacturing in 30+ countries, and customers in 100+ countries. A UK PLC with head office located in Windsor, Berkshire UK. Listed on London Stock Exchange; Member of the FTSE 250 Index.

Responsibilities

Responsible for accounting functions and directly supporting the Controller. Preparation of timely month end closing, providing an analysis and understanding of financial results, and preparing detailed reconciliations. Preparing and maintaining the standard cost, documentation, and related systems is an essential responsibility. Analyzing standard vs. actual cost and reporting variances in detail and summary. Support inventory and production reporting systems and provide reasonable assurance of accurate inventory and valuation. Preparation of financial budgets, forecasts and providing meaningful analysis of actual vs. forecast and budget. Preparation of various analysis and reports utilizing ERP, Microsoft Excel, and other systems. Other job duties include assisting with audits, continuous improvement, organization and documentation, special projects, and other accounting related duties as assigned. Salary for this role could be up to $90K annually dependent upon skill level and experience.

  • Understanding of general accounting functions including but not limited to accounts payable, accounts receivable, journal entries, costing, reconciliations, financial analysis, and IT systems.
  • Supporting month-end closing, preparation of journal entries, and other financial closing requirements.
  • Maintain standard cost systems including accuracy of routings and bill of materials.
  • Interpret and analyze actual vs. standard cost and explain variances.
  • Knowledge and understanding of the production reporting and the movement of inventory and production processes.
  • Provide an accurate inventory and valuation throughout month and at month end close.
  • Preparation of financial budgets and forecasts.
  • Provide meaningful analysis of actual results vs. budgets and forecasts.
  • Prepare and maintain work instructions, documentation, and records.Identify and drive recommended cost savings and process improvement opportunities.
  • Excellent Excel skills and the skills to maintain ERP cost and ledger systems
  • Knowledge and understanding of Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS)
  • Ability to support other accounting functions.
  • Must be team-oriented and work in a collaborative environment
  • Excellent written, verbal, and listening communication skills
  • Ability to self-manage to meet deadlines
  • Perform other duties as assigned
  • Maintain Code of Ethics and Values

Qualifications

Experience Required:

  • Bachelor's degree in Accounting or equivalent degree
  • Master's degree and/or CPA a plus
  • 5+ years of relevant experience
  • Individual must be a:
  • Citizen of the United States, or
  • Permanent resident alien of the United States, or
  • Protected individual as defined by 8 U.S.C. 1324b(a)(3) as defined by 22CFR120.15

Skills/Abilities:

  • Must be proficient in Microsoft Outlook, Excel, and Word
  • Ability to apply knowledge of GAAP and IFRS
  • Excellent analysis skills
  • Must ensure work is accurate
  • Must be a team player and able to collaborate with multi-departments
  • Must be able to work well with external contacts
  • Must have good time management and planning skills, and meet deadlines
  • Must be able to understand general ledger accounts and reconciliations
  • Must adhere to all Company policies
  • Must be capable of using a computer for majority of the workday
  • Excellent verbal and written communications skills.

Morgan Advanced Materials is an EEO/AA/M/W/D/V Employer

Responsibilities Responsible for accounting functions and directly supporting the Controller. Preparation of timely month end closing, providing an analysis and understanding of financial results, and preparing detailed reconciliations. Preparing and maintaining the standard cost, documentation, and related systems is an essential responsibility. Analyzing standard vs. actual cost and reporting variances in detail and summary. Support inventory and production reporting systems and provide reasonable assurance of accurate inventory and valuation. Preparation of financial budgets, forecasts and providing meaningful analysis of actual vs. forecast and budget. Preparation of various analysis and reports utilizing ERP, Microsoft Excel, and other systems. Other job duties include assisting with audits, continuous improvement, organization and documentation, special projects, and other accounting related duties as assigned. Salary for this role could be up to $90K annually dependent upon skill level and experience. - Understanding of general accounting functions including but not limited to accounts payable, accounts receivable, journal entries, costing, reconciliations, financial analysis, and IT systems. - Supporting month-end closing, preparation of journal entries, and other financial closing requirements. - Maintain standard cost systems including accuracy of routings and bill of materials. - Interpret and analyze actual vs. standard cost and explain variances. - Knowledge and understanding of the production reporting and the movement of inventory and production processes. - Provide an accurate inventory and valuation throughout month and at month end close. - Preparation of financial budgets and forecasts. - Provide meaningful analysis of actual results vs. budgets and forecasts. - Prepare and maintain work instructions, documentation, and records.Identify and drive recommended cost savings and process improvement opportunities. - Excellent Excel skills and the skills to maintain ERP cost and ledger systems - Knowledge and understanding of Generally Accepted Accounting Principles (GAAP) and International Financial Reporting Standards (IFRS) - Ability to support other accounting functions. - Must be team-oriented and work in a collaborative environment - Excellent written, verbal, and listening communication skills - Ability to self-manage to meet deadlines - Perform other duties as assigned - Maintain Code of Ethics and Values

Keywords: Morgan Advanced Materials, Toledo , Senior Accountant, Other , Fostoria, Ohio

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