Accounting Manager

About the role

Magnetic Component Engineering (“MCE”), a subsidiary of Dexter Magnetic Technologies (“Dexter”), manufactures permanent magnets and magnetic assemblies made to demanding customer specification in the aerospace / defense, semiconductor equipment, medical, and industrial end markets. MCE is based in Torrance, CA and operates one 48,000 square foot facility with 85 employees.

Responsibilities

• Manage day-to-day accounting matters and monthly close of the assigned business unit.
• Prepare and review monthly closing journal entries, accruals and account reconciliations and bank reconciliations.
• Maintain and reconcile Inter-company accounts.
• Manage company asset list and depreciation schedule.
• Maintain and update the fixed asset system and ensure capital purchases are recorded and maintained in accordance with company policy.
• Manage financial aspects inventory, in partnership with operations, to ensure E&O is maintained and accurate, partnering with other members of finance team to apply policies and procedures and identify issues.
• Record consolidation/elimination entries and prepare consolidated financial statements and analytics.
• Aid Controller to oversee treasury and AP functions.
• Approve invoices for payment (AP invoice payment selections).
• Manage new vendor onboarding process.
• Aid Controller to develop and implement procedures and internal controls to increase efficiency of the overall accounting department and accuracy of the financial closing process.
• Coordinate training programs for new staff and identify training needs for current staff.
• Oversee the production of periodic financial reports; ensures that the reported results comply with generally accepted accounting principles or financial reporting standards.
• Support the Controller with external auditors and provide the requested information for the annual external audit (including R&D tax credit review).
• Prepare year-end tax package, prepare all surveys requested from corporate and various governmental bureaus.
• Provide reports supporting financial analysis.
• File sales and use tax returns. Prepare local, State and Federal filings as needed.
• Work with Controller on other accounting projects as they arise.

Qualifications

• Bachelor's Degree in Accounting, Finance Economics, or related field is required.
• 5-7 years of accounting experience required, ideally in a manufacturing environment.
• CPA preferred.
• Advanced Microsoft Excel skills.
• Must be detail oriented and organized.
• Excellent verbal and written communication skills.
• Ability to think creatively, highly driven, and self-motivated.
• Strong analytical problem-solving and organizational skills.
• Demonstrated ability to roll up sleeves and work with team members in a hands-on management capacity.
• Ability to work independently and as part of a team.
• Proven experience managing multiple projects simultaneously and autonomously.

Skills

• Detail oriented and organized.
• Excellent verbal and written communication skills.
• Ability to think creatively, highly driven, and self-motivated.
• Strong analytical problem-solving and organizational skills.
• Demonstrated ability to roll up sleeves and work with team members in a hands-on management capacity.
• Ability to work independently and as part of a team.
• Proven experience managing multiple projects simultaneously and autonomously.

Benefits

We offer a comprehensive benefits package, including Medical/Rx, Dental, Vision, Flexible Spending Accounts, Basic Life/AD&D (includes coverage for dependents 100% Company paid), Short-Term Disability, Long-Term Disability (100% Company paid), Supplemental Life/AD&D, 401(k) with Company match, tuition assistance after 1 year, paid time off, and 11 paid holidays.