Senior Accountant
Luxfer Magtech · Saxonburg, PA · 1 mo ago
On-siteAccountingFull-time
Key Responsibilities
- Support monthly, quarterly, and annual financial close activities
- Prepare and post journal entries and maintain supporting documentation
- Perform general ledger account reconciliations and investigate discrepancies
- Aid in the preparation of financial statements and management reports
- Prepare and submit monthly financial reporting, forecasts, and annual business plans to the corporate office through OneStream
- Assist in the preparation of annual audits and coordinate audit requests and schedules
- Afford support to SOX compliance and internal control activities
Cost Accounting & Inventory
- Maintain and update standard costs, direct labor rates, and overhead allocations
- Perform inventory accounting activities, including valuation, reconciliations, provisions, and roll-forwards
- Complete cost roll-ups for new inventory items and support costing initiatives
- Maintain accurate inventory valuation and standard costing
- Conduct cost studies, manufacturing variance analysis, and inventory trend analysis
- Perform slow-moving inventory analysis, inventory forecasting, and min/max inventory evaluations
- Support perpetual inventory initiatives, cycle counting, and physical inventories
- Review labor and material cost accuracy charged to production jobs
- Perform BOM cost analysis and manufacturing time studies
Manufacturing & Operational Analytics
- Analyze manufacturing variances, labor efficiencies, productivity, downtime, scrap, and operational performance metrics
- Prepare scrap reporting and support continuous improvement initiatives
- Support Operations and Production with inventory optimization, production planning analytics, and operational reporting
- Support margin analysis by product line, customer, labor, material, and manufacturing costs
- Support pricing analysis, transfer pricing analytics, and raw material cost impact studies
- Partner with Operations and Production teams to identify cost savings opportunities and improve manufacturing processes
Financial Planning & Business Support
- Aid in budgeting, forecasting, and financial planning activities
- Provide financial support for capital projects, commercial analyses, and business initiatives
- Perform capital project accounting and financial modeling
- Develop advanced Excel models, dashboards, reports, and financial analyses
- Serve as a key member of ERP implementation and continuous improvement projects
Leadership & Cross-Functional Support
- Serve as the primary backup to the Financial Controller and provide support across all accounting functions as needed
- Collaborate effectively with Operations, Production, Purchasing, Supply Chain, Sales, and Corporate Finance
- Support special projects and perform other accounting duties as assigned
Education & Qualifications
- Bachelor's degree in Accounting, Finance, or a related field required; equivalent combination of education and relevant experience may be considered
- 4–7 years of progressive accounting experience in a manufacturing environment or an equivalent combination of manufacturing accounting experience and education
- Strong cost accounting and inventory accounting experience preferred
- Knowledge of GAAP and internal controls
- Experience with ERP systems
- Experience with OneStream or similar financial reporting software preferred
- Advanced Microsoft Excel skills required
Successful Attributes
- Strong analytical and problem-solving skills
- Excellent attention to detail and organizational skills
- Ability to communicate effectively across all levels of the organization
- Ability to manage multiple priorities while meeting deadlines
- Self-motivated with a continuous improvement mindset
- Collaborative team player capable of working independently
- Strong business acumen with the ability to translate financial data into operational insights
Luxfer Magtech Offers
- Competitive benefits package
- 401(k) match, up to 6%
- Health, Dental, Vision coverage
- Tuition reimbursement
- Career advancement opportunities
Physical Demands
- Stand, walk, sit, use hands to finger, handle, or feel objects, tools, or controls
- Reach with hands and arms
- Climb or balance
- Stoop, kneel, crouch
- Talk or hear
- Lift and handle racks of material up to a maximum of 50 pounds on an occasional basis
Equal Employment Opportunity
We are committed to a safe, drug-free work environment and pre-employment drug screening, physical and background checks are required prior to starting. Candidates must be authorized to work in the US.
Luxfer Magtech is an Equal Employment Opportunity (EEO) employer and does not discriminate on the basis of race, color, national origin, religion, gender, age, veteran status, political affiliation, sexual orientation, marital status or disability (in compliance with the Americans with Disabilities Act) with respect to employment opportunities.